Global Craft Beer Market Report 2021: Market to Reach $554.3 Billion by 2027 - U.S. Market is Estimated at $44.3 Billion, While China is Forecast to Grow at 24.2% CAGR - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Craft Beer - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Craft Beer Market to Reach $554.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Craft Beer estimated at US$ 164.8 Billion in the year 2020, is projected to reach a revised size of US$ 554.3 Billion by 2027, growing at a CAGR of 18.9% over the period 2020-2027.

On-trade, one of the segments analyzed in the report, is projected to record 18.8% CAGR and reach US$ 287.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Off-trade segment is readjusted to a revised 19% CAGR for the next 7-year period.

The U.S. Market is Estimated at $44.3 Billion, While China is Forecast to Grow at 24.2% CAGR

The Craft Beer market in the U.S. is estimated at US$ 44.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$ 132.5 Billion by the year 2027 trailing a CAGR of 24.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 16.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Global Competitor Market Shares
• Craft Beer Competitor Market Share Scenario Worldwide (in %): 2020E
• Global Competitor Market Shares by Segment

2. FOCUS ON SELECT PLAYERS (Total 34 Featured):

• Bell's Brewery, Inc.
• Chimay Beers And Cheeses
• D.G. Yuengling and Son
• Deschutes Brewery
• Feral Brewing Co.
• Lagunitas Brewing Company
• Minhas Brewery
• New Belgium Brewing Company
• Omer Vander Ghinste
• Sierra Nevada Brewing Co.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Craft Beer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Craft Beer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Craft Beer by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
• World Current & Future Analysis for On-trade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for On-trade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for On-trade by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027
• World Current & Future Analysis for Off-trade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Off-trade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Off-trade by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 34

For more information about this report visit https://www.researchandmarkets.com/r/5oxbun