Craft Beer in Australia: Overwhelming demand from End-users propels market growth

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According to Goldstein Research, Australia craft beer market is expected to reach USD 241.8 million by the end of 2025, growing at a CAGR of 5.30% over the forecast period, 2017-2025. The grassroots culture of brewing beer at home, operating at very small level for own consumption, which has grown up to commercial level is driving the Australia craft beer market. Australia craft beer market segmentation has been done on the basis of craft beer styles, outlets, and distribution channel. Ale style accounted for largest market share of 53.1% in 2017. The pale ale and Indian pale ale craft beer are most preferred by the consumers, with 85%-90% share in Australia's most consumed craft beer style.

Australia Craft beer market is dominated by New South Wales (NSW) accounted for 36.4% market share in 2017, followed by Victoria region accounted for 32.7% market share in 2017 of total Australia craft beer market, which is regarded as one of the top favorite state among the consumers for drinking craft beer.

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Market Segmentation

On the basis of our in-depth analysis, Australia Craft Beer Market can be segmented as follows:

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By Craft beer Styles
o   Ale

o   Stout

o   Wheat Beer

o   Lagers

o   Porter

o   Sour Beer

o   Barley Wine

o   Others (Saison, pilsners, etc)

By Outlets

o   On-Premise Outlets

o   Off-Premise Outlets

By Distribution Channel

o   Online

o   Offline

"Australia Craft Beer Market Outlook 2024" contains detailed overview of the Australia Craft beer market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter's five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Ferrel Brewing Co., Pirate Life, Stone & Wood, Bridge Road Brewers, $ Pines The Crafty Print, Little Creatures, James Squire, BoatRocker, Balter, Moon Dog, Mountain Goat, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Australia Craft beer market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors' overview.

Our analysts working on food and beverages industry trends reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients' needs and business agenda.

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