North America Craft Beer Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$27,551.4

Forecast, 2030 (US$M)

$52,786.7

CAGR, 2024 - 2030

9.7%

Report Coverage

North America

North America craft beer market, 2018-2030 (US$M)

Related Markets

Global Craft Beer Industry Outlook

Europe Craft Beer Market Outlook

Asia Pacific Craft Beer Market Outlook

Latin America Craft Beer Market Outlook

MEA Craft Beer Market Outlook

North America craft beer market highlights

The North America craft beer market generated a revenue of USD 27,551.4 million in 2023.
The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
In terms of segment, on trade was the largest revenue generating distribution channel in 2023.
On Trade is the most lucrative distribution channel segment registering the fastest growth during the forecast period.

North America data book summary

Market revenue in 2023	USD 27,551.4 million
Market revenue in 2030	USD 52,786.7 million
Growth rate	9.7% (CAGR from 2023 to 2030)
Largest segment	On trade
Fastest growing segment	On Trade
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	On Trade
Key market players worldwide	Vagabund, D.G. Yuengling & Sons, Boston Beer Co Inc Class A, The Gambrinus Company, Chimay, Stone & Wood Brewing, Heineken NV, Kirin Holdings Co Ltd

Other key industry trends

In terms of revenue, North America region accounted for 29.9% of the global craft beer market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Europe is the fastest growing regional market and is projected to reach USD 37,465.0 million by 2030.

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Craft Beer Market Scope

Craft beer market segmentation & scope

Distribution channel

On Trade

Off Trade

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

France

Italy

Russia

Spain

Sweden

Switzerland

China

Brazil

Craft Beer Market Companies

Name	Profile	# Employees	HQ	Website

North America craft beer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to craft beer market will help companies and investors design strategic landscapes.

On trade was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America craft beer market based on on trade covering the revenue growth of each sub-segment from 2018 to 2030.

According to U.S. Department of Agriculture (USDA), the U.S. winter wheat harvest is decreasing rapidly, with 97% of the crop reported to be harvested as of August 14th , 2017. This has increased from 94% harvested last week and most remaining crop is located in Washington, Oregon, and Idaho.

The U.S. winter wheat crop represented improved protein content as the harvest moved north. The current 11.5% protein average has increased from last year’s (2016 to 2017) 11.2% average, however, is still below the long-term average of 12% to 12.5% protein content.

The average test weight for the U.S. winter wheat crop is 60.6 lbs per bushel, which is similar to last year’s 60.7 lbs per bushel.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America craft beer market , including forecasts for subscribers. This continent databook contains high-level insights into North America craft beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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