The craft beer industry has seen tremendous growth in recent years, with the global market size valued at USD 43.8 billion in 2020 and projected to reach USD 190.66 billion by 2027. The U.S., which is home to over 8,400 craft breweries as of 2021, had a 12.3% market share by volume in 2019 and contributed $82.9 billion dollars to the economy that same year despite production decreasing 9%. California, Pennsylvania, and Colorado are currently the top three states for craft beer production while IPAs account for more than a third of overall sales within this sector globally. Additionally, there were 170 thousand jobs directly attributable to American craft brewers alone in 2017; exports reached 465 thousand barrels; charitable donations totaled around $82 million; small-scale European producers created 2.5 billion liters of product annually; China’s revenue was RMB 658 million with an annual growth rate of 40%; Australia saw 5% representation on their shelves from local makers; Mexico experienced an impressive 20% increase YOY since 2018 – all signs point towards continued success.
This statistic is a testament to the immense growth of the craft beer industry. It shows that the craft beer market has grown exponentially in the past few years, and is now worth a staggering USD 43.8 billion. This is a clear indication that craft beer is becoming increasingly popular and is here to stay.
The U.S. has over 8,400 craft breweries as of 2021.
This statistic is a testament to the immense growth of the craft beer industry in the United States. It shows that the craft beer industry is thriving and that more and more people are turning to craft beer for their drinking needs. This statistic is a clear indication that the craft beer industry is here to stay and is continuing to expand.
Craft Beer Industry Statistics Overview
Craft beer in the United States had a 12.3% market share by volume in 2019.
This statistic is a testament to the growing popularity of craft beer in the United States. It shows that craft beer is becoming an increasingly important part of the beer market, and that it is gaining traction among consumers. This is an important indicator of the health of the craft beer industry, and it is a key statistic to consider when discussing the industry’s current state.
In 2020, craft beer production in the United States decreased by 9% compared to 2019.
This statistic is a telling indication of the impact of the pandemic on the craft beer industry. It highlights the fact that the industry has been significantly affected by the economic downturn, and that the production of craft beer has been significantly reduced in 2020 compared to the previous year. This is an important statistic to consider when discussing the craft beer industry, as it provides insight into the current state of the industry and the challenges it is facing.
The American craft beer industry contributed $82.9 billion dollars to the U.S. economy in 2020.
This statistic is a testament to the immense impact the American craft beer industry has had on the U.S. economy in 2020. It highlights the immense economic contribution of craft beer, which has become an increasingly popular beverage choice for many Americans. This statistic is a powerful reminder of the importance of the craft beer industry and its potential to continue to drive economic growth in the future.
The top three craft beer-producing states in the United States are California, Pennsylvania, and Colorado.
This statistic is a telling indication of the craft beer industry’s growth and success. It shows that craft beer production is thriving in these three states, and that the craft beer industry is a major economic force in the United States. This statistic is a testament to the hard work and dedication of craft brewers in these states, and it serves as a reminder of the importance of supporting local craft beer producers.
In 2017, there were more than 170,000 jobs directly attributable to the craft beer industry in the United States.
This statistic is a testament to the immense impact the craft beer industry has had on the US economy. It demonstrates the sheer number of jobs that have been created as a result of the industry’s growth, and the potential for further growth in the future. It is a powerful reminder of the importance of craft beer in the US economy, and the potential for further growth and development.
IPAs accounted for more than a third of the overall craft beer market in 2019.
This statistic is a testament to the immense popularity of IPAs in the craft beer market. It shows that IPAs have become a staple of the craft beer industry, and that they are a major factor in the success of the craft beer market. This statistic is important to consider when discussing the craft beer industry, as it demonstrates the impact that IPAs have had on the industry.
In 2019, small and independent breweries in the United States donated around $82 million to charitable causes.
This statistic is a testament to the generosity of the craft beer industry. It demonstrates that small and independent breweries in the United States are committed to giving back to their communities and supporting charitable causes. This statistic is a powerful reminder of the positive impact that craft beer can have on society.
In 2019, exports of American craft beer reached 465,617 barrels.
This statistic is a testament to the success of the craft beer industry in the United States. It shows that the industry is thriving and that American craft beer is in high demand. This is a great indicator of the health of the craft beer industry and its potential for continued growth.
Craft beer production in the UK increased by a whopping 21% between 2017 and 2018.
This statistic is a testament to the growing popularity of craft beer in the UK. It shows that more and more people are turning to craft beer as their beverage of choice, and that the industry is thriving. This is an important indicator of the health of the craft beer industry, and it is a sign that the industry is continuing to grow and expand.
Craft breweries in Canada generated over CAD 1.2 billion in revenues in 2019.
This statistic is a testament to the immense success of the craft beer industry in Canada. It shows that the industry is thriving and that Canadians are increasingly turning to craft beer for their drinking needs. This statistic is a clear indication that the craft beer industry is a major contributor to the Canadian economy and is an important part of the country’s culture.
European craft breweries produced more than 2.5 billion liters of beer in 2017.
This statistic is a testament to the immense growth of the craft beer industry in Europe. It shows that the demand for craft beer is on the rise, and that more and more people are turning to craft beer as their beverage of choice. This is a great sign for the industry, and it shows that craft beer is here to stay.
There were nearly 10,000 craft beer companies in Europe in 2018.
This statistic is a testament to the immense growth of the craft beer industry in Europe. It shows that the craft beer industry is thriving and that more and more people are turning to craft beer as their beverage of choice. This statistic is a great indicator of the potential for further growth in the craft beer industry in Europe, and it is an important piece of information for anyone interested in the craft beer industry.
In 2016, China’s craft beer market revenue reached RMB 658 million, with a growth rate of 40% YOY.
This statistic is a testament to the booming craft beer industry in China, indicating that the market revenue has grown exponentially in the past year. It is a clear indication that craft beer is becoming increasingly popular in the country, and is a key factor in understanding the current state of the craft beer industry.
In 2018, craft beers represented 5.5% of the Australian beer market.
This statistic is a testament to the growing popularity of craft beers in Australia. It shows that despite the dominance of large-scale beer producers, craft beers are making a significant impact on the Australian beer market. This is an encouraging sign for craft beer enthusiasts and producers alike, as it indicates that the craft beer industry is thriving and has a bright future ahead.
The global craft beer market is projected to reach USD 190.66 billion by 2027.
This statistic is a testament to the immense potential of the craft beer industry. It shows that the market is expected to grow exponentially over the next few years, indicating that craft beer is becoming increasingly popular and profitable. This is an important indicator of the industry’s health and should be taken into consideration when discussing the craft beer industry.
Conclusion
The craft beer industry is a rapidly growing market with immense potential for growth. The global craft beer market size was valued at USD 43.8 billion in 2020, and the U.S. has over 8,400 craft breweries as of 2021. Craft beer in the United States had a 12.3% market share by volume in 2019, but production decreased by 9% compared to 2019 due to COVID-19 restrictions and other factors such as competition from larger brewers and rising costs of ingredients and labor shortages among small brewers . Despite this decrease, the American craft beer industry still contributed $82.9 billion dollars to the U.S economy in 2020 alone – making it an important part of our nation’s economic landscape today more than ever before.
In addition to its presence within America’s borders, exports of American craft beers reached 465,617 barrels worldwide while European countries saw their own increases with 2 million liters produced across Europe that same year; China also experienced rapid growth with revenues reaching RMB 658 million just four years prior. Australia too reported 5 percent increase on their domestic marketshare while Mexico emerged as one of Latin America’s fastest-growing markets boasting 20 percent annual growth rate since 2018 – all signs pointing towards continued success for this booming sector well into future decades ahead. With IPAs accounting for more than a third (34%)of overall sales globally alongside lagers dominating UK marketshare (34%), there are plenty opportunities available now or soon enough down line when considering investing into any aspect related directly or indirectly associated with crafting delicious brews around world wide web these days & nights… Cheers..
References
0. – https://www.brewersassociation.org
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3. – https://www.statista.com
4. – https://www.craftbeer.com
5. – https://www.50.statcan.gc.ca
6. – https://www.gulfbrokers.com
7. – https://www.fortunebusinessinsights.com
8. – https://www.bbc.com
9. – https://www.foodprocessing.com.au
