Global Craft Beer Market to Reach USD 242.79 Billion by 2033, Growing at 9.5% CAGR

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The global market is experiencing significant growth, driven by the increasing youth population and their strong inclination towards party culture.

The global craft beer market size was valued at USD 107.28 billion in 2024 and is projected to grow from USD 117.47 billion in 2025 to reach USD 242.79 billion by 2033, exhibiting a CAGR of 9.5% during the forecast period (2025-2033).

Market Scope and Research Methodology

This report delivers a comprehensive, multi-tier evaluation of the market at global, regional, and country levels. It analyzes market reach, regional leadership, and competitive strategies of key players, supported by a SWOT assessment. The study follows Straits Research’s rigorous methodology, integrating primary and secondary research with validated forecasting techniques to ensure accurate and reliable market insights.

The core objective of the Craft Beer Market Report is to present actionable insights into market dynamics, evolving trends, and the critical factors influencing overall performance. The study analyzes industry structure, segmentation patterns, and projected market valuation, while also exploring growth catalysts, structural challenges, and opportunities driven by technological innovation, regulatory developments, cost optimization, and shifting consumer demand.

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Regional Insights

The report offers a detailed regional analysis of the Craft Beer Market across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is evaluated based on parameters such as market valuation, growth momentum, trade flow, and overall industry maturity. This geographic segmentation enables a clearer understanding of regional competitiveness and untapped growth potential.

Market Segmentation

  1. By Product Type
    1. Ale
    2. Lager
    3. Pilsner
    4. Others (Sour, Fruit, and Specialty)
  2. By Distribution Channel
    1. On Trade
    2. Off Trade

Key Market Players

  1. D.G. Yuengling and Son, Inc. Pottsville
  2. The Boston Beer Company
  3. The Gambrinus Company
  4. Lagunitas Brewing Company
  5. Sierra Nevada Brewing Co.
  6. New Belgium Brewing Company
  7. DeschutesBrewery
  8. Minhas Brewery
  9. Chimay Beers And Cheeses
  10. Omer Vander Ghinste
  11. D.G. Yuengling& Son, Inc.
  12. Heineken N.V.
  13. The Boston Beer Company, Inc.
  14. Constellation Brands, Inc.
  15. Anheuser-Busch InBev
  16. New Belgium Brewing Co.
  17. Bell's Brewery, Inc.
  18. Dogfish Head Craft Brewery Inc.

Download Exclusive Research Report PDF Sample
(Including Full Table of Contents, List of Tables & Figures, and Charts):
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Key Questions Addressed

  • What is the Craft Beer Market market?
  • What was the market valuation of the Craft Beer Market in 2024?
  • What compound annual growth rate (CAGR) is projected during the forecast period?
  • Which drivers are expected to accelerate market expansion?
  • How is the market segmented?
  • What competitive strategies are being adopted by key players?
  • Which emerging trends and applications are influencing industry evolution?
  • Who are the major participants operating in the Craft Beer Market market?
  • What are the core capabilities and product portfolios of leading companies?

About Us

With over ten years of industry experience, Straits Research has supported more than 2,000 organizations—ranging from startups to global enterprises—by equipping executives and decision-makers with reliable, data-driven insights. Our annually published syndicated research covers high-impact industries including chemicals and materials, food and beverages, healthcare and pharmaceuticals, automotive, technology, aerospace, and defense. Alongside these reports, our customized research solutions are designed to address unique business challenges and enable strategic growth.

 

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