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A research study titled, “Craft Beer Market by Distribution - Global Industry Analysis and Forecast to 2025†published by Crystal Market Research, states that the craft beer market is projected to be around $505 billion by 2025.
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Craft Beer Market is anticipated to reach approximately $ 505 billion by 2025 Sample Request Source : Crystal Market Research
DESCRIPTION – Craft Beer Market A research study titled, “Craft Beer Market by Distribution - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the craft beer market is projected to be around $505 billion by 2025. Report Overview: Craft beer is a beer that is brewed by a small, independent, and traditional brewer. Craft beer is getting more popular in different parts of the world with local and international brewers expanding their network and offering exciting new flavors and tastes. The rising consumer preference for low alcohol by volume (ABV) beer is the main reason for the significant growth of the global craft beer market. As consumers are positively responding and appreciating new styles of flavors of craft beer, the industry will grow rapidly with more players entering the market. The on-trade distribution market held a major share of the global market in 2016,due to high consumption of beer inrestaurants, clubs, pubs, and bars. The quantity of beer sold through on-trade distribution is large as compared to off-trade distribution. Source : Crystal Market Research
Regional Outlook – Craft Beer Market Europe held the largest share of the global craft beer market in 2016. High consumption of craft beer and changing taste of consumers are the key factors driving the market growth in this region. North America will witness favorable growth during the forecast period, with U.S accounting for the largest share of the regional market. Source : Crystal Market Research
Craft Beer Market Top Market Players: Source : Crystal Market Research
Craft Beer Market $ Source : Crystal Market Research
Report’s Magnitude: Craft Beer Market contains Segment wise in-depth analysis in terms several segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions. Source : Crystal Market Research
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