Another significant development driver for this market is the increasing demand for craft beer. Craft breweries have grown from 3,814 in 2014 to 7,346 in 2018, a gain of more than 13% over the previous four years. More than 250 breweries are located in North Carolina, with the majority of them in the south. Other well-known locations for breweries include Asheville, Charlotte, Durham, Greensboro, the Raleigh vicinity, and Winston-Salem.
The Alcohol Ingredients Market expansion has also been aided by the growing appeal of beer tourism. The craft beer business has been supported by governments in nations like New Zealand, Australia, China, Mexico, the United Kingdom, and Belgium in an effort to boost Alcohol Ingredients Market economies. For instance, Wellington, New Zealand, is a significant market for craft beer since these brews come in a variety of flavours because to the unique ingredients that are only found in this area.
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