Industry: Food & Beverages
Published Date: 2025-08-01
Pages: 137 Pages
Report ld: 4822956
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Craft Beverages Market Size(US$)

CAGR 2025-2031
5.2%
Market Size,2031
USD 1,788
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Craft Beverages market is projected to grow from US$ 1260 million in 2024 to US$ 1788 million by 2031, at a CAGR of 5.2% (2025-2031), driven by critical product segments and diverse end‑use applications.
Craft beverages are small-batch drinks produced by independent breweries, wineries, and distilleries. These beverages are often made with high-quality ingredients, unique flavors, and innovative brewing techniques. They emphasize quality over quantity, and many are produced in limited quantities, making them sought-after by consumers.
From a downstream perspective, Commercial accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Craft Beverages leading manufacturers including Budweiser, Yuengling, The Boston Beer, Sierra Nevada, New Belgium Brewing, Gambrinus, Lagunitas, Bell’s Brewery, Deschutes, Stone Brewery, etc., dominate supply; the top five capture approximately % of global revenue, with Budweiser leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Craft Beverages market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Craft Beverages study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
Chapter 11: Profiles players in depth—details product specs, revenue, margins; Top-tier players 2024 sales breakdowns by Product type, by Application, by region SWOT analysis, and recent strategic developments.
Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 14: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Craft Beverages: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Craft Beverages Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Craft Cider
1.2.3 Craft Beer
1.2.4 Others
1.3 Market Segmentation by Application
1.3.1 Global Craft Beverages Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Commercial
1.3.3 Residential
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Craft Beverages Revenue Estimates and Forecasts 2020-2031
2.2 Global Craft Beverages Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Craft Beverages Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Craft Beverages Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Craft Cider Market Size by Players
3.3.2 Craft Beer Market Size by Players
3.3.3 Others Market Size by Players
3.4 Global Craft Beverages Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Craft Beverages Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Craft Beverages Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Craft Beverages Market Size by Type (2020-2031)
6.4 North America Craft Beverages Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Craft Beverages Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Craft Beverages Market Size by Type (2020-2031)
7.4 Europe Craft Beverages Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Craft Beverages Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Craft Beverages Market Size by Type (2020-2031)
8.4 Asia-Pacific Craft Beverages Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Craft Beverages Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Craft Beverages Market Size by Type (2020-2031)
9.4 Central and South America Craft Beverages Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Craft Beverages Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Craft Beverages Market Size by Type (2020-2031)
10.4 Middle East and Africa Craft Beverages Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Craft Beverages Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Budweiser
11.1.1 Budweiser Corporation Information
11.1.2 Budweiser Business Overview
11.1.3 Budweiser Craft Beverages Product Features and Attributes
11.1.4 Budweiser Craft Beverages Revenue and Gross Margin (2020-2025)
11.1.5 Budweiser Craft Beverages Revenue by Product in 2024
11.1.6 Budweiser Craft Beverages Revenue by Application in 2024
11.1.7 Budweiser Craft Beverages Revenue by Geographic Area in 2024
11.1.8 Budweiser Craft Beverages SWOT Analysis
11.1.9 Budweiser Recent Developments
11.2 Yuengling
11.2.1 Yuengling Corporation Information
11.2.2 Yuengling Business Overview
11.2.3 Yuengling Craft Beverages Product Features and Attributes
11.2.4 Yuengling Craft Beverages Revenue and Gross Margin (2020-2025)
11.2.5 Yuengling Craft Beverages Revenue by Product in 2024
11.2.6 Yuengling Craft Beverages Revenue by Application in 2024
11.2.7 Yuengling Craft Beverages Revenue by Geographic Area in 2024
11.2.8 Yuengling Craft Beverages SWOT Analysis
11.2.9 Yuengling Recent Developments
11.3 The Boston Beer
11.3.1 The Boston Beer Corporation Information
11.3.2 The Boston Beer Business Overview
11.3.3 The Boston Beer Craft Beverages Product Features and Attributes
11.3.4 The Boston Beer Craft Beverages Revenue and Gross Margin (2020-2025)
11.3.5 The Boston Beer Craft Beverages Revenue by Product in 2024
11.3.6 The Boston Beer Craft Beverages Revenue by Application in 2024
11.3.7 The Boston Beer Craft Beverages Revenue by Geographic Area in 2024
11.3.8 The Boston Beer Craft Beverages SWOT Analysis
11.3.9 The Boston Beer Recent Developments
11.4 Sierra Nevada
11.4.1 Sierra Nevada Corporation Information
11.4.2 Sierra Nevada Business Overview
11.4.3 Sierra Nevada Craft Beverages Product Features and Attributes
11.4.4 Sierra Nevada Craft Beverages Revenue and Gross Margin (2020-2025)
11.4.5 Sierra Nevada Craft Beverages Revenue by Product in 2024
11.4.6 Sierra Nevada Craft Beverages Revenue by Application in 2024
11.4.7 Sierra Nevada Craft Beverages Revenue by Geographic Area in 2024
11.4.8 Sierra Nevada Craft Beverages SWOT Analysis
11.4.9 Sierra Nevada Recent Developments
11.5 New Belgium Brewing
11.5.1 New Belgium Brewing Corporation Information
11.5.2 New Belgium Brewing Business Overview
11.5.3 New Belgium Brewing Craft Beverages Product Features and Attributes
11.5.4 New Belgium Brewing Craft Beverages Revenue and Gross Margin (2020-2025)
11.5.5 New Belgium Brewing Craft Beverages Revenue by Product in 2024
11.5.6 New Belgium Brewing Craft Beverages Revenue by Application in 2024
11.5.7 New Belgium Brewing Craft Beverages Revenue by Geographic Area in 2024
11.5.8 New Belgium Brewing Craft Beverages SWOT Analysis
11.5.9 New Belgium Brewing Recent Developments
11.6 Gambrinus
11.6.1 Gambrinus Corporation Information
11.6.2 Gambrinus Business Overview
11.6.3 Gambrinus Craft Beverages Product Features and Attributes
11.6.4 Gambrinus Craft Beverages Revenue and Gross Margin (2020-2025)
11.6.5 Gambrinus Recent Developments
11.7 Lagunitas
11.7.1 Lagunitas Corporation Information
11.7.2 Lagunitas Business Overview
11.7.3 Lagunitas Craft Beverages Product Features and Attributes
11.7.4 Lagunitas Craft Beverages Revenue and Gross Margin (2020-2025)
11.7.5 Lagunitas Recent Developments
11.8 Bell’s Brewery
11.8.1 Bell’s Brewery Corporation Information
11.8.2 Bell’s Brewery Business Overview
11.8.3 Bell’s Brewery Craft Beverages Product Features and Attributes
11.8.4 Bell’s Brewery Craft Beverages Revenue and Gross Margin (2020-2025)
11.8.5 Bell’s Brewery Recent Developments
11.9 Deschutes
11.9.1 Deschutes Corporation Information
11.9.2 Deschutes Business Overview
11.9.3 Deschutes Craft Beverages Product Features and Attributes
11.9.4 Deschutes Craft Beverages Revenue and Gross Margin (2020-2025)
11.9.5 Deschutes Recent Developments
11.10 Stone Brewery
11.10.1 Stone Brewery Corporation Information
11.10.2 Stone Brewery Business Overview
11.10.3 Stone Brewery Craft Beverages Product Features and Attributes
11.10.4 Stone Brewery Craft Beverages Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Firestone Walker Brewing
11.11.1 Firestone Walker Brewing Corporation Information
11.11.2 Firestone Walker Brewing Business Overview
11.11.3 Firestone Walker Brewing Craft Beverages Product Features and Attributes
11.11.4 Firestone Walker Brewing Craft Beverages Revenue and Gross Margin (2020-2025)
11.11.5 Firestone Walker Brewing Recent Developments
11.12 Brooklyn Brewery
11.12.1 Brooklyn Brewery Corporation Information
11.12.2 Brooklyn Brewery Business Overview
11.12.3 Brooklyn Brewery Craft Beverages Product Features and Attributes
11.12.4 Brooklyn Brewery Craft Beverages Revenue and Gross Margin (2020-2025)
11.12.5 Brooklyn Brewery Recent Developments
11.13 Dogfish Head Craft Brewery
11.13.1 Dogfish Head Craft Brewery Corporation Information
11.13.2 Dogfish Head Craft Brewery Business Overview
11.13.3 Dogfish Head Craft Brewery Craft Beverages Product Features and Attributes
11.13.4 Dogfish Head Craft Brewery Craft Beverages Revenue and Gross Margin (2020-2025)
11.13.5 Dogfish Head Craft Brewery Recent Developments
11.14 Founders Brewing
11.14.1 Founders Brewing Corporation Information
11.14.2 Founders Brewing Business Overview
11.14.3 Founders Brewing Craft Beverages Product Features and Attributes
11.14.4 Founders Brewing Craft Beverages Revenue and Gross Margin (2020-2025)
11.14.5 Founders Brewing Recent Developments
11.15 SweetWater Brewing
11.15.1 SweetWater Brewing Corporation Information
11.15.2 SweetWater Brewing Business Overview
11.15.3 SweetWater Brewing Craft Beverages Product Features and Attributes
11.15.4 SweetWater Brewing Craft Beverages Revenue and Gross Margin (2020-2025)
11.15.5 SweetWater Brewing Recent Developments
12 Craft BeveragesIndustry Chain Analysis
12.1 Craft Beverages Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Craft Beverages Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Craft Beverages Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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