Australia Craft Beer Market Expected to Grow at a Growth Rate over 25% During the Forecast period 2018-2025
According to a new market published report by BlueWeave Consulting, The Australia Craft Beer Market projected to grow at a CAGR over 25% during the forecast period 2018-2025. According to the report, Balter Brewing crowned as the best craft brewery in Australia.
The increasing demand for beverages and its great variety of styles, flavors & penetration of new markets will promulgate the Australia craft beer market. The Craft Beers offer a wide range of colors, texture, and flavor and mainly produced by small, independent breweries. Low ABV content of the beverage further balances these flavors and minerals, reducing the risk of cancer, diabetes, heart diseases. Shifting consumer’s preferences towards a healthy lifestyle is reducing excessive consumption of alcohol
The rising number of microbreweries across Australia produces a small amount of beer but emphasizes on the quality, new product innovation, and taste according to the changing palate of beer drinkers. Recent self-grooming trend has influenced the younger population to adopt healthier beverages with low alcohol content like craft beer, backed by the influence of digital media.. Thus, rising consumer preference for flavored and low ABV beer and increasing penetration of craft beer will promulgate the Australia craft beer market over the forecast periods.
Australia Craft Beer Market: Scope of the Report
Some of the key players in the Australia craft beer market include Feral Brewing Company, Pirate Life, Stone & Wood, Bridge Road Brewers, Little Creatures, James Squire, Boatrocker Brewers & Distillers, Balter Brewing Company, Moon Dog Brewing, and Mountain Goat Beer are the key players in Australia craft beer industry.
Market Segmentation: Australia Craft Beer Market
- By Product
- Stout & Porter
By Distribution Channel
In addition, the report provides analysis of the Australia craft beer market with respect to the following geographic segments:
About BlueWeave Consulting & Research Pvt Ltd. (BWC)
BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.
Global Contact: +18666586826