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The global craft beer market was valued at US$ 103.85 Billion in 2021.
We expect the global craft beer market to exhibit a CAGR of 11.20% during 2022-2027.
The emerging trend for casual drinking, along with the rising prominence of low-alcohol beverages, is
currently driving the global craft beer market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in the temporary closure of various microbreweries, thereby
negatively impacting the global market for craft beer.
Based on the product type, the global craft beer market can be segmented into ales, lagers, and others.
Currently, ales hold the majority of the total market share.
Based on the age group, the global craft beer market has been divided into 21–35 years old, 40–54 years
old, and 55 years and above. Among these, 21–35 years old exhibits a clear dominance in the market.
Based on the distribution channel, the global craft beer market can be categorized into on-trade and off-
trade. Currently, on-trade channel accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global craft beer market include Anheuser-Busch InBev SA/NV, Bell's
Brewery Inc., Constellation Brands Inc., D.G. Yuengling & Son Inc., Diageo Plc, Duvel Moortgat, Heineken
NV, New Belgium Brewing Company Inc., Oskar Blues Brewery LLC, Sierra Nevada Brewing Co., Stone &
Wood Brewing Co. (Lion Brewery Co), and The Boston Beer Company Inc.
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