Craft Beer Market is valued at USD 96.23 Billion in 2021, and it is anticipated to attain a value of USD 191.13 Billion by 2028, at a CAGR of 10.3%over the forecast period (2022 – 2028).
Beer is one of the most popular and primitive drinks. It is an integral part of several cultures and poses various health benefits when consumed within the limit. It is still one of the most popular drinks among people, especially young drinkers. Beer is the most popular and largely exported alcohol beverage across the regions. Varied taste flavors and formulations have made beer a popular trend among millennials and Gen Z individuals.
Market Overview:
Craft Beer Market is valued at USD 96.23 Billion in 2021, and it is anticipated to attain a value of USD 191.13 Billion by 2028, at a CAGR of 10.3%over the forecast period (2022 – 2028).
Global Craft Beer Market report can help you in taking the right business decisions.
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Top Key players operated in Global Craft Beer Market:
- 3M Company (US)
- Smith & Nephewplc (UK)
- ConvaTec Group Plc (UK)
- Coloplast A/S (Denmark)
- Mölnlycke Health Care AB (Sweden)
- Integra LifeSciences Holdings Corporation (US)
- PAUL HARTMANN AG (Germany)
- B. Braun Melsungen AG (Germany)
- Cardinal Health Inc. (US)
- Organogenesis Holdings Inc. (US)
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Key Offerings:
- Global Craft Beer Market Size & Forecast by Revenue | 2022−2028
- Global Craft Beer Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by Type, Distribution Channel and Region.
- Competitive Landscape – Top key vendors and other prominent vendors
Global Craft Beer Key Market Trends
- The increasing number of craft beer breweries due to increasing market demands has inclined breweries to use innovative methods to entice consumers.CBD, Cannabidiol is an innovative component that is infused in breweries. People are inclined towards CBD infused because of the enhanced taste and low calories.CBD is derived from the cannabis plant it is the non-psychoactive part of it.
- Beer fused with varied tastes and flavors has become the new market craze and becoming popular among youngsters which project growing market size. Beer has been a popular and widely accepted beverage of all times generation after generation. Integration of varied tastes is propelling the market growth and thereby projects a huge market share.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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