Market Analysis:

Market Research Future announces a new report on the global craft beer market. The report analyzes the type and regional segments of the market in addition to the competitive landscape and delivers forecasts from 2017 to 2023. According to the new report, the global craft beer market is expected to grow at a CAGR of 7.02% over the 2017-2023 forecast period.

Craft beer is typically produced in small, privately owned breweries. The primary difference between commercial beer and craft beer is that the latter is not pasteurized. The craft beer market has come on strongly in the last few years as customers have become aware of the various flavors available in craft beer and its health benefits (when consumed in moderation). It is likely to retain a strong growth rate parallel to the commercial beer industry due to the growing consumer awareness, especially in emerging regions such as Asia Pacific (APAC).

Get a Free Sample Now @ https://www.marketresearchfuture.com/sample_request/973

Major Key Players Strategy:

The report covers major craft beer market players such as Yuengling & Son Inc., Sweetwater Brewery, Boston Beer Co., New Belgium Craft Brewery, Duvel Moortgat USA, Bell’s Brewery, and Deschutes Brewery.

Manufacturers in the craft beer market are utilizing the health benefits and myriad flavors of craft beer as a powerful selling tool. The availability of various flavors in craft beer, in contrast to commercial beer, is likely to remain an important marketing point for manufacturers in the global craft beer market over the forecast period.

Segmental Analysis:

On the basis of type, the global Craft Beer Market is segmented into ale, lager, stout, porter, and others. Currently, ale is the dominant segment in the global craft beer market due to its widespread popularity. However, lager is expected to emerge as the dominant market segment over the forecast period due to the growing demand for innovative beers. Both ale and lager are among the popular traditional forms of beer and enjoy widespread popularity, resulting in good prospects for the global craft beer market.

By ingredients, the global craft beer market is segmented into yeast, hops, enzymes, malt and other cereal grains, and others. Malt beer is the dominant segment in the global craft beer market at present but is likely to be superseded by the hops segment, with the latter expected to exhibit the highest growth rate over the 2017-2023 forecast period.

Browse Complete Cooked Research Report Enabled with Respective Tables and Figures is Available @ https://www.marketresearchfuture.com/reports/craft-beer-market-973

Regional Analysis:

Regionally, North America is the dominant market for craft beer owing to the widespread popularity of beer drinking in North America and the presence of a conducive business environment for breweries. Breweries have been a major business in North America for a number of years, lending the craft beer market a fertile environment to germinate and prosper. The favorable business environment in North America is likely to ensure steady dominance of the region in the global craft beer market over the forecast period, with the regional market expected to exhibit a steady 6.88% CAGR over the forecast period.