Global craft beer market in Europe 2020-2024
Technavio has been monitoring the global craft beer market in Europe and it is poised to grow by USD 1,324.31 mn during 2020-2024, progressing at a CAGR of 11% during the forecast period. Our reports on global craft beer market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current Europe market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing number of microbreweries and craft breweries. In addition, growing demand for low-alcohol craft beer is anticipated to boost the growth of the global craft beer market in Europe as well.
Technavio’s global craft beer market in Europe is segmented as below:
• IPA-Based Craft Beer
• Seasonal-Based Craft Beer
• Pale Ale-Based Craft Beer
• Amber Ale-Based Craft Beer
• Lager-Based Craft Beer
• Russian Federation
• Rest of Europe
Key Trends for global craft beer market in Europe growth
This study identifies growing demand for low-alcohol craft beer as the prime reasons driving the global craft beer market in Europe in Europe growth during the next few years.
Prominent vendors in global craft beer market in Europe
We provide a detailed analysis of around 25 vendors operating in the global craft beer market in Europe, including some of the vendors such as Asahi Group Holdings Ltd., Beavertown Brewery, BrewDog Plc, Buxton Brewery Co. Ltd., Cloudwater Brew Co., Duvel Moortgat NV, Mikkeller ApS, Stone Brewing Co., The Boston Beer Co. Inc. and Thornbridge Brewery.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
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