Craft Beer Market Trends The global craft beer market size was valued at usd 95.23 billion in 2020 and is projected to grow from usd 102.59 billion in 2021 to usd 210.78 billion in 2028 at a cagr of 10.83% during the forecast period. the asia pacific market is holding the largest share and it is anticipated to grow at a cagr of 10.50% during the forecast period. The craft beer market is expected to reach 6.52 billion liters in 2024 and grow at a cagr of 9% to reach 10.03 billion liters by 2029. anheuser busch inbev, heineken nv, the boston beer company inc., molson coors beverage company and constellation brands are the major companies operating in this market.
Craft Beer Market Overview Size Share Industry Trend 2030 Craft beer market size industry report on share, growth trends & forecasts analysis (2024 2029) the global craft beer industry growth & analysis is segmented by type (ales, pilsners and pale lagers, specialty beers, and other types), distribution channel (on trade and off trade), and geography (north america, europe, asia pacific, south america, and middle east and africa). Craft brews shift beer drinking trends. beer varieties, including ontario craft beers, are shown at a grocery store in ottawa. the variety of craft beer available is contributing to a continuing. Retail dollar sales of craft increased 3%, to $28.9 billion, and now account for 24.7% of the $117 billion u.s. beer market (previously $115 billion). the primary reasons for the larger dollar sales increase were price increases and slightly stronger onsite sales growth versus distribution. these statistics use the craft brewer definition of a. Global craft beer market outlook. the global craft beer market size reached approximately usd 109.22 billion in 2023. the market is projected to grow at a cagr of 8.9% between 2024 and 2032, reaching a value of usd 234.79 billion by 2032.
Craft Beer Growth Trends Forecast 2019 2024 Retail dollar sales of craft increased 3%, to $28.9 billion, and now account for 24.7% of the $117 billion u.s. beer market (previously $115 billion). the primary reasons for the larger dollar sales increase were price increases and slightly stronger onsite sales growth versus distribution. these statistics use the craft brewer definition of a. Global craft beer market outlook. the global craft beer market size reached approximately usd 109.22 billion in 2023. the market is projected to grow at a cagr of 8.9% between 2024 and 2032, reaching a value of usd 234.79 billion by 2032. The global craft beer market is projected to grow from $102.59 billion in 2021 to $210.78 billion in 2028 at a cagr of 10.83% in forecast period, 2021 2028 craft beer market size, industry share, forecast, 2024 2032. The craft beer market is expected to reach us$92.80 billion by 2025, driven by consumer demand for local, low alcohol and non alcoholic beers. the market is also shifting towards cans, online sales and direct to consumer models amid the covid 19 pandemic.
Craft Beer Market Size Growth Share Trends 2023 2028 The global craft beer market is projected to grow from $102.59 billion in 2021 to $210.78 billion in 2028 at a cagr of 10.83% in forecast period, 2021 2028 craft beer market size, industry share, forecast, 2024 2032. The craft beer market is expected to reach us$92.80 billion by 2025, driven by consumer demand for local, low alcohol and non alcoholic beers. the market is also shifting towards cans, online sales and direct to consumer models amid the covid 19 pandemic.
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