Top Craft Beer Companies in Worldwide 2023 | IMARC Group

Craft beer refers to a kind of alcoholic beverage manufactured in a traditional or non-mechanized way by a small, independent microbrewery. Commonly consumed varieties include ales, wheat, wild/sour beers, stouts, lagers, hybrids, and other specialty variants. Craft beer is a rich source of antioxidants, protein, silicon, and vitamin B complex and, thus, offers several health benefits. In addition, it also has a richer and more distinct taste than the mass-produced beer manufactured by large breweries. In recent years, craft beer has gained traction across the globe as it is produced using natural ingredients and has a higher alcohol by volume (ABV) content and lower cost.

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The global craft beer market size reached US$ 117.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 221.5 Billion by 2028 exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

The escalating demand for low-alcohol beverages, owing to the rising health consciousness in individuals, is among the primary factors driving the craft beer market. Besides this, the increasing number of restaurants, lounges, bars, and pubs serving drinks, on account of the emerging trend of socialization, is further augmenting the market growth. Moreover, the leading companies, such as Anheuser-Busch InBev SA/NV, Bell’s Brewery Inc., Constellation Brands Inc., D.G. Yuengling & Son Inc., Diageo Plc, Duvel Moortgat, Heineken NV, New Belgium Brewing Company Inc., etc., are introducing unique flavors of craft beer, including sweet and sour, spicy, honey-like, and fruity, to meet the changing consumer preferences, which is also catalyzing the global market. Apart from this, the incorporation of go-green technology and innovative methods into the manufacturing process of this beverage to minimize water usage and wastage is acting as another significant growth-inducing factor. Furthermore, the elevating shift towards low ABV drinks and ciders is expected to bolster the craft beer market in the coming years.  

Some of the Top Key players in the Global Craft Beer Industry

  • Anheuser-Busch InBev SA/NV
  • Bell’s Brewery Inc.
  • Constellation Brands Inc.
  • G. Yuengling & Son Inc.
  • Diageo Plc
  • Duvel Moortgat
  • Heineken NV
  • Kirin Holdings Company, Limited
  • Oskar Blues Brewery LLC
  • Sierra Nevada Brewing Co.
  • Lion Brewery Co.
  • The Boston Beer Company Inc.

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Key highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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