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(MoneyNewsWire.Net, October 27, 2017 ) The Middle East and Africa Craft Beer Market was worth USD 8.5 billion in 2016 and estimated to be growing at a CAGR of 28.9%, to reach USD 30 billion by 2021. Craft brewery produces small amounts of beer unlike the typical large scale production breweries and is independently owned. It started in United Kingdom in the 1970s producing craft beers alongside regular beers and it quickly spread to Europe and other parts of the world later.
Craft beers produced by craft breweries are typically known for the most part described by their accentuation on quality, flavour and brewing techniques. Sellers in this market compete primarily on elements like price, product differentiation, distribution, promotion and quality.
Browse market data tables and in-depth TOC of the Middle East and Africa Craft Beer Industry to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-craft-beer-market-3092/
Middle East and Africa Craft Beer Market is driven by factors like rising demand for low alcohol by volume drinks and flavoured beers, growing awareness of consumers about various flavours and styles of products, rising disposable income and rising consumption of alcohol. However other factors like high price of craft beers as compared to ordinary beers, their production requiring a lot of clean water and health concerns since they are produced by pressurised tanks with caustic chemicals are some restraints for this market. These factors may act as growth hurdles for the Craft Beer Market in certain regions.
The Middle East and Africa market for Craft Beer is broadly categorized by style of production into amber ale, amber lager, IPA (Indian pale ale) and others. By segments this industry is segmented into brewpubs, microbreweries, regional craft breweries and contract brewing companies. These breweries differ in the percentage of beer sold off-site. By distribution the market is divided into on-trade and off-trade. Off-trade sales of these beers are on the rise in developing countries since the per capita income is less and price of beers is high compared to on-trade sales.
In the Global Craft Beer Market, Middle East and Africa has a share of around 7%. Though the region has small market share, it is the fastest growing region in this market as compared to other regions in the world. The Middle East and Africa Craft Beer market can broadly be divided into Middle East and Africa. South Africa is the fastest growing country in this region. United Arab Emirates also has growth rate which is comparable to South Africa.
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Some of the major competitors dominating the Middle East and Africa Craft Beer market are The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co., Chimay Beers and Cheeses, Sierra Nevada Brewing Company and Lagunitas Brewing Company.
Market Segmentation
1) Production
Amber Ale
Amber Lager
Indian Pale Ale
Others
Y-o-Y Growth Analysis, By Production
Market Attractiveness Analysis, By Production
Market Share Analysis, By Production
2) Segments
Brewpubs
Microbreweries
Regional Craft Breweries
Contract Brewing Companies
Y-o-Y Growth Analysis, By Segments
Market Attractiveness Analysis, By Segments
Market Share Analysis, By Segments
3) Distribution
On-Trade
Off-Trade
Y-o-Y Growth Analysis, By Distribution
Market Attractiveness Analysis, By Distribution
Market Share Analysis, By Distribution
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Reasons to buy Middle East and Africa Craft Beer Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of Production, Segments, and Distribution along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Middle East and Africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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