Market Share of Europe Craft Beer Industry
The Craft beer market in Europe is fragmented; among the leading players in the sector include Brewdog Plc, Heineken Nv, Molson Coors Beverage Company, Anheuser-Busch Inbev, And Stone Brewing Co.
In 2022, BrewBilt Manufacturing Inc., for example, announced that it is bringing BrewBilt equipment and craft beer to Europe, starting with a 10 BBL brewhouse and 20 BBL cellar tanks for Mad Finn Brewing Company in Finland. This is just one example of how more companies are entering the emerging Europe Craft Beer market. The sector is quite competitive due to the presence of many national and local businesses. Local brewers supply a major portion of the craft beer market. With their significant product improvements in terms of flavors, packaging, and alcohol content, both global and regional firms have accommodated the growing customer demand for the product.
In the forecast period (2022-2027), it is anticipated that the market will be highly competitive, global manufacturers have to compete with the local brewers, also, there will be high competition among players based on product innovation and packaging.
Europe Craft Beer Market Leaders
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Anheuser-Busch InBev
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Molson Coors Beverage Company
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BrewDog Plc
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Heineken NV
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Cloudwater Brew Co.
*Disclaimer: Major Players sorted in no particular order