PUBLISHER: IMARC | PRODUCT CODE: 1729547
PUBLISHER: IMARC | PRODUCT CODE: 1729547
The Japan craft beer market size reached USD 8.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 23.4 Billion by 2033, exhibiting a growth rate (CAGR) of 12.61% during 2025-2033. The growing consumption of alcohol, rising number of bars and pubs, and increasing occurrence of craft beer events and festivals providing a platform for craft breweries represent some of the key factors driving the market.
Craft beer refers to a type of beer that is produced by independent breweries using traditional and innovative brewing methods. It is known for its emphasis on quality, flavor, and distinctiveness and made by selecting high-quality ingredients, such as malted grains (such as barley) and hops, which are milled and mixed with water and yeast to ferment and produce alcohol. It offers various options, including pale ales, India pale ale (IPAs), stouts, and porters. It can be enjoyed on its own or paired with a variety of foods, as it complements and enhances different flavors. It helps the agriculture sector to grow as hops and malts are used as raw materials that are grown and sold by local farmers. Furthermore, as craft beer contributes to local economies and promotes sustainability, its demand is increasing in Japan.
At present, the rising demand for craft beer due to the increasing consumer demand represents one of the crucial factors influencing the market positively in Japan. Moreover, the rising consumption of alcohol among the masses to cope with work-related stress, anxiety, and depression is strengthening the growth of the market in the country. Apart from this, the growing number of individuals showing a greater interest in craft beer and exploring different beer styles and flavors is offering a positive market outlook. Additionally, the rising occurrence of craft beer events and festivals providing a platform for craft breweries to showcase their products, create brand awareness, and engage directly with consumers is offering lucrative growth opportunities to industry investors in the country. In line with this, the increasing number of craft breweries sourcing their ingredients locally to maintain the high quality of beer is impelling the market growth in the country. Besides this, governing agencies are easing regulations and licensing requirements for craft breweries and providing financial assistance and tax incentives. In addition, the increasing number of craft beer manufacturers adopting sustainable measures to minimize wastage and reduce their carbon footprint is bolstering the growth of the market in the country. Furthermore, the rising number of restaurants, fast food centers, pubs, and bars serving premium quality craft beer to consumers is contributing to the growth of the market in Japan.