Market Overview:
Middle East craft beer market size is projected to exhibit a growth rate (CAGR) of 26.20% during 2024-2032. The market is experiencing growth due to a growing interest in low-alcohol beverages, an increasing awareness of health among consumers, and rising levels of disposable income.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
26.20% |
Craft beer is a type of beer produced by independent breweries that prioritize quality, flavor, and innovation, setting it apart from mass-produced beverages crafted by large commercial breweries. This flourishing industry has captured the admiration and taste preferences of beer enthusiasts globally. Unlike mass-produced counterparts, craft beer is meticulously brewed by independent establishments with a dedicated focus on quality, flavor, and originality. It harkens back to traditional brewing methods, emphasizing the use of local ingredients, small-scale production, and distinctive recipes. Craft breweries are renowned for their spirit of experimentation and innovation, continually pushing the boundaries of beer possibilities. They offer a diverse range of styles, from classic ales and lagers to more adventurous concoctions like fruity IPAs, barrel-aged stouts, and sour beers. Craft brewers draw inspiration from global beer traditions, infusing their unique twist into recipes, resulting in a dynamic and thrilling beer landscape.
Middle East Craft Beer Market Trends:
The Middle East craft beer market is witnessing significant growth, driven in part by the increasing demand for low-alcohol beverages. This trend aligns with a shifting consumer landscape where health consciousness and a desire for alternatives to traditional alcoholic drinks have become paramount. Craft beer, renowned for its distinctive flavors and brewing methods, has adeptly responded to this surge in demand by offering a diverse array of low-alcohol options, catering to a broad spectrum of consumers. A pivotal factor propelling the popularity of low-alcohol craft beers is the evolving lifestyles and preferences of consumers. Many individuals are embracing healthier living, leading to a reduction in alcohol consumption. Furthermore, the emergence of mindful drinking and moderation movements has significantly influenced consumer behavior, with individuals actively seeking options to enjoy the social aspects of drinking without the potential drawbacks of excessive alcohol intake. Additionally, the rising trend of exploring vibrant craft beer scenes has transformed the Middle East into a sought-after destination for beer enthusiasts. Besides this, travelers increasingly seek out breweries, attend beer festivals, and engage in the local beer culture, contributing to the burgeoning craft beer movement in the region, which is anticipated to fuel the market growth over the forecasted period.
Middle East Craft Beer Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country level for 2024-2032. Our report has categorized the market based on product type, age group, and distribution channel.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes ales, lagers, and others.
Age Group Insights:
- 21-35 Years Old
- 40-54 Years Old
- 55 Years and Above
A detailed breakup and analysis of the market based on the age group have also been provided in the report. This includes 21-35 years old, 40-54 years old, and 55 years and above.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes on-trade and off-trade.
Country Insights:
- Saudi Arabia
- Turkey
- Israel
- United Arab Emirates
- Iran
- Iraq
- Qatar
- Kuwait
- Oman
- Jordan
- Bahrain
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Middle East Craft Beer Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Age Group
- Distribution Channel
- Country
|
Product Types Covered |
Ales, Lagers, Others |
Age Groups Covered |
21-35 Years Old, 40-54 Years Old, 55 Years and Above |
Distribution Channels Covered |
On-Trade, Off-Trade |
Countries Covered |
Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Middle East craft beer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Middle East craft beer market?
- What is the breakup of the Middle East craft beer market on the basis of product type?
- What is the breakup of the Middle East craft beer market on the basis of age group?
- What is the breakup of the Middle East craft beer market on the basis of distribution channel?
- What are the various stages in the value chain of the Middle East craft beer market?
- What are the key driving factors and challenges in the Middle East craft beer?
- What is the structure of the Middle East craft beer market and who are the key players?
- What is the degree of competition in the Middle East craft beer market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Middle East craft beer market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Middle East craft beer market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Middle East craft beer industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.