Press release
Global Brown Ale Craft Beer To Experience Almost 2x From 2022 To 2032
Global Craft Beer Industry Current Scenario and OutlookThe unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the Craft Beer industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer.
The restrictions in the movement of workers, closure of Craft Beer production facilities, and changes in consumer demand have put excessive pressure on the Craft Beer industry.
Fortunately, several countries like the U.S., the U.K., India, China, and Germany are slowly recovering from the adverse effects of the pandemic thanks to the advent of the vaccination process. Manufacturers across the world are working efficiently to bring the Craft Beer supply chain back on track to ensure the speedy recovery of the Craft Beer industry.
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Key Segments Covered in the Craft Beer Industry Survey
By Product
Brown Ale Craft Beer
Pale Ale Craft Beer
Porter Craft Beer
Stout Craft Beer
Pale Lager Craft Beer
Pilsner Craft Beer
Marzens Craft Beer
Bocks Craft Beer
Other Craft Beer Products
By Brewer
American Sour Craft Beer
Non-Alcoholic Craft Beer
Belgian Fruit Lambic Craft Beer
Flanders Red Ale Craft Beer
Belgian Gueuze Craft Beer
Sales Channel
Craft Beer Sales via Microbreweries
Craft Beer Sales via Brewpubs
Craft Beer Sales via Contract Brewing Companies
Craft Beer Sales via Independent Regional Craft Brewing Companies
The U.S. is Gaining Momentum with Craft Beer Delivery Services
The U.S. is home to some of the largest Craft Beer suppliers and producers in the Craft Beer industry. Despite being a leader in the Craft Beer industry, the country suffered a major loss due to disruptions in the supply chain and shutting down production facilities.
The biggest concern in the region was to maintain employee health security. Due to restrictions in the movement and the shutting down of several restaurants and home delivery businesses, the Craft Beer industry has suffered a huge blow.
However, the Craft Beer manufacturers in the U.S. gradually experienced an upward shift as the lockdown restrictions eased in the country. Various production facilities opened again, and the resumption of Craft Beer delivery helped the Craft Beer industry gain some traction.
Leading players in the delivery and takeaway market such as GrubHub, DoorDash, Postmates, and Uber Eats have significantly helped in the recovery of the Craft Beer industry in the region. The ease of getting Craft Beer delivered at the door helped businesses to successfully handle the demand and supply gap.
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Europe is Capitalizing on Frozen Craft Beers
The negative impact of the pandemic was evident in European countries, affecting manufacturing units and supply chains across the region. Countries like Italy and France faced immense losses due to the shutting down of restaurants and multiple Craft Beer chains.
However, as the government lifted the lockdown restrictions, various manufacturers saw the road to recovery, mainly the frozen Craft Beer industry. Europe is the largest market for frozen Craft Beer, which is attributed to convenience in lifestyle and improvement in the standard of living.
Additionally, the players in the frozen Craft Beer market are capitalizing on adding health benefits to the Craft Beer products, while enhancing the quality and availability of the products, which in turn is helping the Craft Beer industry get back on track.
The dairy industry is also experiencing demand in Europe as consumers are showing increasing interest in products that have low sugar content and require minimal processing. Dairy-based frozen Craft Beer products like ice creams are yogurts are rich sources of vitamin D, calcium, and phosphorus, making them a healthy choice for consumers in the region.
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China is Embracing the Ready-To-Eat Craft Beer Trend
China, being the worst-affected region during the pandemic, is slowly employing growth strategies to bring the Craft Beer industry to its pre-pandemic status. The disruption in the supply chain has immensely hindered the growth of the industry in the region.
With certain relaxations and the containment of the virus, manufacturers in China have resumed production activities to bridge the demand and supply gap in the country. Due to a fast-moving lifestyle in the country, consumers are preferring small quantities of ready-to-eat meals rather than conventionally large meals. This has fueled the demand for on-the-go, ready-to-eat meals.
The presence of key market players in the country along with a rising class of health-conscious customers is supporting the gradual recovery of the Craft Beer industry in the region. Various manufacturers are incorporating innovations in ready-to-eat meals, enriching them with essential vitamins and other health supplements, without compromising the taste.
The demand for ready-to-eat meals will continue to grow in the coming years, due to its advantages such as fewer time consumptions and easy availability, thus boosting the overall growth of the Craft Beer industry.
India is Focusing on Delivering Dishes as well as Groceries to Doors
The Indian Craft Beer industry suffered from a major setback due to the restrictions and movement and the increasing spread of the virus. Due to disruptions in the supply chain, Craft Beer products failed to reach shelves and local markets.
There is a high presence of local players in the Indian Craft Beer industry that are making conscious efforts towards the recovery of their businesses. Various restaurants and eateries are now focusing on delivery and takeaway services to help the Craft Beer industry recover from the impact of the pandemic.
Additional third-party Craft Beer delivery companies such as Zomato Pvt. Ltd, Swiggy Pvt. Ltd., and Craft Beerpanda also launched grocery delivery services that have helped many manufacturers, retailers, and restaurants to gain momentum and experience growth in the demand and sales.
Key Long-Term Trends
The global Craft Beer industry will continue to experience high demand across various regions worldwide. The introduction and adoption of facilities such as Craft Beer delivery services have propelled the demand, showing an upward trend in the Craft Beer industry. Some long-term trends in the Craft Beer industry are:
Plant-based Craft Beer products
Growing consumer interest in organic and vegan diets will drive rapid expansion in the Craft Beer industry, allowing various new entrants and existing players to establish a firm foothold in the market.
Combining science with nutrition
Using technology to enhance the quality of Craft Beer and beverages will drive sales in the Craft Beer industry. Craft Beer products with enhanced nutritional value, sustainability, and ethical impact will continue to accelerate demand in various segments of the Craft Beer industry across the globe.
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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