Drink up: Industry revenue is forecast to grow in 2023-24 despite the cost-of-living crisis
The UK Craft Beer Production industry is growing despite facing some pandemic- and inflation-related turbulence. The rising number of UK-based beer drinkers looking for more complex IPA and pale ale flavours is boosting the number of new craft breweries entering the industry. Industry revenue is growing at a compound annual rate of 1.5% over the five years through 2023-24 to approximately £1.7 billion, including growth of 10.2% in 2023-24.
Operators in this industry produce craft beer. The industry includes both independent brewers and large multinational companies that brew craft beer. The production of other beers does not fall under the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BrewDog plc
Methodology
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