The latest report published by IMARC Group, titled “Europe Craft Beer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on craft beer market in Europe. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Europe craft beer market is projected to exhibit a growth rate (CAGR) of 7.3% during 2023-2028.
Craft beer represents a segment of the beer industry focused on quality, flavor, and unique brewing techniques. Distinct from mass-produced beers, craft beer is typically brewed by small, independent breweries that prioritize creativity, tradition, and community engagement. Often characterized by a wide variety of flavors and styles, craft beer appeals to consumers seeking an artisanal experience and a connection to the origins of their beverages. The craft beer movement emphasizes transparency in ingredients and processes, reflecting a broader trend toward authenticity and sustainability. As a symbol of innovation within the beverage industry, craft beer not only enriches the consumer's palate but also fosters a culture of exploration, passion, and responsible consumption.
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Market Trends:
In Europe, the craft beer market is experiencing significant growth, driven by the rise in consumer demand for unique and premium quality beverages. The increasing appreciation for local and artisanal products is aligning with the ethos of craft brewing, strengthening its appeal. Government support, through favorable regulations and tax incentives, is encouraging the establishment of microbreweries and craft beer pubs. Collaborations between traditional brewers and craft beer artisans are creating diverse offerings, reaching wider audiences. Moreover, the growing awareness of sustainable practices and responsible drinking is resonating with the craft beer philosophy. Tourism and cultural factors also play a role, as many European countries are embracing their brewing heritage and innovating within it.
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Europe Craft Beer Market Segmentation:
Our report has categorized the market based on region, product type, age group and distribution channel.
Product Type Insights:
- Ales
- Lagers
- Others
Age Group Insights:
- 21-35 Years Old
- 40-54 Years Old
- 55 Years and Above
Distribution Channel Insights:
- On-Trade
- Off-Trade
Country Insights:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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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