Europe has witnessed a significant growth in the number of microbreweries operating in the region in the last five years.
The number of microbreweries grew by nearly 73% in the last five years.
A microbrewery is defined as a brewery that produces only limited quantities of beer, primarily specialty beer, and craft beers.
The UK and Germany have the most number of microbreweries in Europe.
With the rising number of microbreweries in the region, the competition in the craft beer market in Europe has intensified over the years.
This has proved to be beneficial for consumers in terms of quality, price, and flavors.
In 2015, Europe had 5,830 microbreweries operating in the region.