North America Craft Beer Market Size, Share, Growth, Trends, And Forecasts 2018Posted by rohan on October 6th, 2018 North America Craft Beer Market Price, Growth, and Drivers:North America Craft Beer Market was worth USD 45.03 billion in 2018 and estimated to be growing at a CAGR of 22%, to reach USD 121.69 billion by 2023. Craft brewery produces small amounts of beer unlike the typical large-scale production breweries and is independently owned. It started in the United Kingdom in the 1970’s producing craft beers alongside regular beers and it quickly spread to Europe and other parts of the world later. North America Craft Beer Market is driven by factors like rising demand for low alcohol by volume drinks and flavoured beers, growing awareness of consumers about various flavours and styles of products, rising disposable income and rising consumption of alcohol. However other factors like high price of craft beers as compared to ordinary beers, their production requiring a lot of clean water and health concerns since they are produced by pressurised tanks with caustic chemicals are some restraints for this market. These factors may act as growth hurdles for the Craft Beer Market in certain regions. Download Free Sample Report @ https://marketdataforecast.com/market-reports/na-craft-beer-market-3080/request-sample North America Craft Beer Market Segmentation:Production
Brewpubs
Distribution
In the Global Craft Beer Market, North America has the second largest share valuing around 27%. North America market region can be divided into US, Canada and Mexico. US have the largest market share in this region with the number of breweries around 15 per million people. It is the fastest growing country in the region as well. North America Craft Beer Market Major key competitors:Some of the major competitors dominating the North America Craft Beer market are The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co., Chimay Beers and Cheeses, Sierra Nevada Brewing Company and Lagunitas Brewing Company. Inquire before buying report @ https://marketdataforecast.com/market-reports/na-craft-beer-market-3080/inquire About MarketDataForecast™ Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions. Contact Information: Name: Mr. Abhishek Shukla Like it? Share it! More by this author |