Non-Alcoholic Beer Market Size, by Top Companies, Regional Growth, and Forecast 2030

Non-alcoholic Beer Market Overview

The Non-alcoholic Beer Market revenue was estimated to be USD 18.50 billion in 2022 which is anticipated to reach the valuation of USD 30.55 billion with the CAGR rate of 7.43% by the year 2030.

Recent research shows that the Global Non-alcoholic Beer Market has undergone a steep growth in past few years. The market is also expected to find more opportunities to grow and develop further in the projected period of 2021 to 2030.

Increasing health awareness among people over the world, changing taste, introducing new health trends in market has boosted the market growth in past years. Also, preference of Non-alcoholic beverages, increasing health consciousness and attractive flavors will be the primary market drivers in future time.

The Covid-19 pandemic has affected the Global Non-alcoholic Beer Market negatively due to the lockdown and other restrictions. But on the other hand, Covid pushed people towards healthy lifestyle which helps the market to grow.

Key players

Some key players in the Global Non-alcoholic Beer Market are Heineken International B.V., Moscow Brewing Company, Anheuser-Busch InBev SA/NV, Krombacher Brauerei, and Carlsberg. These key companies are focusing on creating new flavors, launching new products, collaborating with other companies and celebrities to promote their business growth and maintain a firm position in this competitive market.

Market Segmentation

The Global Non-alcoholic Beer Market is segmented into product type, distribution channel and region.

Depending upon the product type, the market is divided into alcohol free and low alcohol  products.

Depending upon the distribution channel, the market is divided into storage based and non-store based. The store-based segment has the largest Global Low-alcohol beer market size as it incorporates consumer trends like product preference, low cost pricings, various other goods in one place. The retail shops, supermarkets, company outlets are the parts of store-based segment.

Supermarkets hold a significant share in the store-based segment and have 82.9% share of this segment.

Regional Classification

According to the regional segmentation, the Global Non-alcoholic Beer Market is further divided into North America, Europe, Asia Pacific, Africa, Middle East Asia and other regions.

The Non-alcoholic Beer market in North America holds the largest Global Market share due to increasing demand for non-alcoholic beverages, introducing new flavors in this region.

Europe will be the fastest growing market in the forecasted period due to the rising health awareness, changing preference and market trends in this region.

Although, Asia Pacific is also predicted to have a great opportunity to grow in the projected period for the increasing demand for non-alcoholic beverages and changing preference in this region.

Industry News

•            The Carlsberg Group has announced their purchase of Wernesgrüner Brewery in  Germany in 2020. This acquisition was a made to offer the consumers of Germany to choose from a larger portfolio as well as to save a major part of transportation cost.

•            Heineken N.V in 2021, has announced their purchase of an additional 39,644,346 share in United Brewery Limited. Which will sum up their total share in UBL 61.5%.

•            In 2020, the Suntory and PepsiCo company has announced their joint venture in Thailand which they named PepsiCo Suntory Beverages Thailand.

Related Reports

Non-Alcoholic Beverages Market Research Report - Global Forecast till 2030

Essential Oil & Aromatherapy Market Research Report- Forecast to 2030             

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

 

Comments

Post a Comment

Popular posts from this blog

3D Printed Steak Market Exploring Its Impact on the Food Industry

  3D Printed Steak Market Overview 3d printed steak market size was estimated at 5.078 (USD billion) by 2032 with CAGR of 59.24% The 3D printed steak market represents a cutting-edge intersection of food technology and culinary innovation. By leveraging 3D printing technology, manufacturers can create steaks from plant-based ingredients, cultured meat cells, or a combination of both, aiming to replicate the taste, texture, and appearance of traditional meat. This market is driven by various factors including the rising demand for sustainable food sources, ethical concerns regarding animal welfare, and technological advancements in food production. 3D printed steaks offer significant advantages, such as the ability to precisely control the nutritional content and reduce environmental impact compared to conventional meat production. The market is at a nascent stage but holds immense potential, attracting significant investments and interest from food tech companies, venture ca...
Read more

Edible Insects Market Insights: Drivers, Key Players, and Forecast 2032

Image
Edible Insects Market Overview The Global Edible Insects Market 2022 is poised to witness substantial growth over the review period. Edible Insects Market is projected to register a CAGR of 28.36 % and reach a value of USD 10.40 billion by 2032 Market Highlights In the food and feed industry, increased market interest in edible insects is increasing due to amino acids and essential minerals, which have many health benefits associated with intake. Edible insects are rich in calories, fibre, energy, minerals, vitamins, and fatty acids, which have demonstrated a limitless tendency for the products of edible insects. In addition, the increased preference for natural ingredients in food & beverage products has fuelled the global consumer demand for edible insects. In addition, the increasing effect of the use of chemical fertilisers and other harmful substances in the crop sector on the environment has raised demand for organic food due to the low environmental impact on nutrition and s...
Read more

Breakfast Bars Market: A Comprehensive Analysis on Share of Competitor

  Breakfast Bars Market Overview Breakfast bars market is expected to grow from 14.78(USD billion) in 2024 to 17.7 (USD billion) and CAGR of 2.28% during the forecast period (2024 - 2032). The breakfast bars market has experienced significant growth over recent years, driven by the rising demand for convenient and healthy breakfast options. With the modern lifestyle becoming increasingly hectic, consumers are seeking quick and nutritious alternatives to traditional breakfast meals. Breakfast bars, known for their convenience, portability, and nutritional benefits, are filling this niche effectively. These products are generally made from a blend of ingredients such as oats, nuts, dried fruits, and sweeteners, often fortified with vitamins and minerals. They come in various forms, including granola bars, protein bars, and cereal bars, catering to diverse consumer preferences. The market is characterized by a high degree of innovation, with manufacturers constantly introducing...
Read more