PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 05: MARKET SIZING • Market definition • Market sizing 2017 • Market size and forecast 2017-2022 (in terms of revenue) • Market size and forecast 2017-2022 (in terms of volume) PART 06: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 07: MARKET SEGMENTATION BY PRODUCT • Segmentation by product • Comparison by product • IPA-based craft beer market in Europe – Market size and forecast 2017-2022 • Seasonal-based craft beer market in Europe – Market size and forecast 2017-2022 • Pale ale-based craft beer market in Europe – Market size and forecast 2017-2022 • Amber ale-based craft beer market in Europe – Market size and forecast 2017-2022 • Lager-based craft beer market in Europe – Market size and forecast 2017-2022 • Wheat-based craft beer market in Europe – Market size and forecast 2017-2022 • Bock-based craft beer market in Europe – Market size and forecast 2017-2022 • Fruit beer-based craft beer market in Europe – Market size and forecast 2017-2022 • Market opportunity by product PART 08: CUSTOMER LANDSCAPE PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL • Segmentation by distribution channel • Comparison by distribution channel • Craft beer market in Europe by the off-trade distribution channel – Market size and forecast 2017-2022 • Craft beer market in Europe by the on-trade distribution channel – Market size and forecast 2017-2022 • Market opportunity by distribution channel PART 10: REGIONAL LANDSCAPE • Geographical segmentation • Country comparison • Craft beer market in Germany – Market size and forecast 2017-2022 • Craft beer market in the UK – Market size and forecast 2017-2022 • Craft beer market in Poland – Market size and forecast 2017-2022 • Craft beer market in Russia – Market size and forecast 2017-2022 • Craft beer market in France – Market size and forecast 2017-2022 • Craft beer market in Italy – Market size and forecast 2017-2022 • Craft beer market in RoE – Market size and forecast 2017-2022 • Market opportunity PART 11: DECISION FRAMEWORK PART 12: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 13: MARKET TRENDS • Thriving e-commerce retailing industry in Europe • Labeling and packaging innovations gaining consumer's interest • Increasing number of mergers and acquisitions in the craft beer market in Europe PART 14: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive landscape PART 15: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • Asahi Group Holdings • Bières de Chimay • BrewDog • Duvel Moortgat • Boston Beer PART 16: APPENDIX • List of abbreviations Exhibit 01: Parent market Exhibit 02: Global craft beer market: Segmentation Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition – Inclusions and exclusions checklist Exhibit 06: Market size 2017 Exhibit 07: Validation techniques employed for market sizing 2017 Exhibit 08: Market size and forecast 2017-2022 ($ mn) Exhibit 09: Year-over-year growth 2018-2022 (%) Exhibit 10: Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 11: Year-over-year growth 2018-2022 (%) Exhibit 12: Five forces analysis 2017 Exhibit 13: Five forces analysis 2022 Exhibit 14: Bargaining power of buyers Exhibit 15: Bargaining power of suppliers Exhibit 16: Threat of new entrants Exhibit 17: Threat of substitutes Exhibit 18: Threat of rivalry Exhibit 19: Market condition – Five forces 2017 Exhibit 20: Product – Market share 2017-2022 (%) Exhibit 21: Comparison by product Exhibit 22: IPA-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 23: IPA-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 24: Seasonal-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 25: Seasonal-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 26: Pale ale-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 27: Pale ale-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 28: Amber ale-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 29: Amber ale-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 30: Lager-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 31: Lager-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 32: Wheat-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 33: Wheat-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 34: Bock-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 35: Bock-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 36: Fruit beer-based craft beer market in Europe – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 37: Fruit beer-based craft beer market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 38: Market opportunity by product Exhibit 39: Customer landscape Exhibit 40: Distribution channel – Market share 2017-2022 (%) Exhibit 41: Comparison by distribution channel Exhibit 42: Craft beer market in Europe by the off-trade distribution channel – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 43: Craft beer market in Europe by the off-trade distribution channel – Year-over-year growth 2018-2022 (%) Exhibit 44: Craft beer market in Europe by the on-trade distribution channel – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 45: Craft beer market in Europe by the on-trade distribution channel – Year-over-year growth 2018-2022 (%) Exhibit 46: Market opportunity by distribution channel Exhibit 47: Market share by countries in terms of revenue 2017-2022 (%) Exhibit 48: Market share by countries in terms of volume 2017-2022 (%) Exhibit 49: Country comparison in terms of revenue Exhibit 50: Country comparison in terms of volume Exhibit 51: Craft beer market in Germany – Market size and forecast 2017-2022 ($ mn) Exhibit 52: Craft beer market in Germany – Year-over-year growth 2018-2022 (%) Exhibit 53: Craft beer market in Germany – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 54: Craft beer market in Germany – Year-over-year growth 2018-2022 (%) Exhibit 55: Craft beer market in the UK – Market size and forecast 2017-2022 ($ mn) Exhibit 56: Craft beer market in the UK – Year-over-year growth 2018-2022 (%) Exhibit 57: Craft beer market in the UK – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 58: Craft beer market in the UK – Year-over-year growth 2018-2022 (%) Exhibit 59: Craft beer market in Poland – Market size and forecast 2017-2022 ($ mn) Exhibit 60: Craft beer market in Poland – Year-over-year growth 2018-2022 (%) Exhibit 61: Craft beer market in Poland – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 62: Craft beer market in Poland – Year-over-year growth 2018-2022 (%) Exhibit 63: Craft beer market in Russia – Market size and forecast 2017-2022 ($ mn) Exhibit 64: Craft beer market in Russia – Year-over-year growth 2018-2022 (%) Exhibit 65: Craft beer market in Russia – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 66: Craft beer market in Russia – Year-over-year growth 2018-2022 (%) Exhibit 67: Craft beer market in France – Market size and forecast 2017-2022 ($ mn) Exhibit 68: Craft beer market in France – Year-over-year growth 2018-2022 (%) Exhibit 69: Craft beer market in France – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 70: Craft beer market in France – Year-over-year growth 2018-2022 (%) Exhibit 71: Craft beer market in Italy – Market size and forecast 2017-2022 ($ mn) Exhibit 72: Craft beer market in Italy – Year-over-year growth 2018-2022 (%) Exhibit 73: Craft beer market in Italy – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 74: Craft beer market in Italy – Year-over-year growth 2018-2022 (%) Exhibit 75: Craft beer market in RoE – Market size and forecast 2017-2022 ($ mn) Exhibit 76: Craft beer market in RoE – Year-over-year growth 2018-2022 (%) Exhibit 77: Craft beer market in RoE – Market size and forecast 2017-2022 (thousand hectoliters) Exhibit 78: Craft beer market in RoE – Year-over-year growth 2018-2022 (%) Exhibit 79: Market opportunity in terms of revenue Exhibit 80: Market opportunity in terms of volume Exhibit 81: A brief overview of new and innovative product launches in the craft beer market in Europe since 2014 Exhibit 82: An overview of the number of craft breweries in European countries in 2017 Exhibit 83: An overview of the volume consumption of craft beer in some of the key markets of Central and Eastern Europe in 2017 (in thousand hectoliters) Exhibit 84: An overview of major M&A in the craft beer market in Europe since 2014 Exhibit 85: Vendor landscape Exhibit 86: Landscape disruption Exhibit 87: Vendors covered Exhibit 88: Vendor classification Exhibit 89: Market positioning of vendors Exhibit 90: Vendor overview Exhibit 91: Asahi Group Holdings – Business segments Exhibit 92: Asahi Group Holdings – Organizational developments Exhibit 93: Asahi Group Holdings – Geographic focus Exhibit 94: Asahi Group Holdings – Segment focus Exhibit 95: Asahi Group Holdings – Key offerings Exhibit 96: Vendor overview Exhibit 97: Bières de Chimay – Business segments Exhibit 98: Bières de Chimay – Organizational developments Exhibit 99: Bières de Chimay – Geographic focus Exhibit 100: Bières de Chimay – Segment focus Exhibit 101: Bières de Chimay – Key offerings Exhibit 102: Vendor overview Exhibit 103: BrewDog – Business segments Exhibit 104: BrewDog – Organizational developments Exhibit 105: BrewDog – Geographic focus Exhibit 106: BrewDog – Segment focus Exhibit 107: BrewDog – Key offerings Exhibit 108: Vendor overview Exhibit 109: Duvel Moortgat – Business segments Exhibit 110: Duvel Moortgat – Geographic focus Exhibit 111: Duvel Moortgat – Segment focus Exhibit 112: Duvel Moortgat – Key offerings Exhibit 113: Vendor overview Exhibit 114: Boston Beer – Business segments Exhibit 115: Boston Beer – Organizational developments Exhibit 116: Boston Beer – Geographic focus Exhibit 117: Boston Beer – Segment focus Exhibit 118: Boston Beer – Key offerings    

Asahi Group Holdings Bières de Chimay BrewDog Duvel Moortgat and Boston Beer