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Data Bridge Market Research analyses that the non-alcoholic beers market was valued at USD 17.15 billion in 2021 and is expected to reach the value of USD 32.94 billion by 2029, at a CAGR of 8.50% during the forecast period.
"Recent study report released by Data Bridge Market research titled Global Non-alcoholic beers Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.
Non-alcoholic beers Market report endows with an exhaustive overview of product specification, technology, product type and production analysis considering major factors such as revenue, costing, and gross margin. The study encompasses market drivers and restraints by using SWOT analysis, along with their impact on the demand over the forecast period. Under market overview section, market drivers, market restraints, opportunities and challenges are also evaluated in this business report which gives helpful insights to businesses for taking right moves. Non-alcoholic beers Marketing report provides clients with the information on their business scenario which helps to stay ahead of competition in today's speedily revolutionizing business environment.
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The demand for non-alcoholic beverages has given the non-alcoholic sector a chance to grow. Non-alcoholic beverages are appealing because almost anyone can consume them. Even though alcoholic beverages are prohibited for pregnant women and children, non-alcoholic beverages are not. As a result, non-alcoholic beverages have a sizable market. Non-alcoholic beverages generate a lot of revenue because they are the go-to option for many people.
The non-alcoholic beverage contains up to 2.8 percent ethyl alcohol by volume and is recognised as an effective alcohol substitute. Non-alcoholic beer is made by heating beer inside a strong vacuum, which lowers the boiling point while preserving the flavour.
Consumption of alcohol as a social issue is augmenting market demand
One of the major factors driving non-alcoholic beer market penetration is increased awareness of the negative health effects of alcohol consumption. Growing consumer health consciousness about the benefits of drinking malted beverages, as well as product availability, will drive the industry outlook. Due to the strong presence of traditional culture and beliefs among a significant portion of the population, alcohol consumption has been a social issue in several countries for decades, which should support non-alcoholic beer market trends.
Innovation in marketing strategies and product endorsements
Customers' changing lifestyles, increased demand for ready-to-drink premixes from youth, the growing importance of new and ethnic flavours, and innovative advancements in marketing and promotional activities all contribute to the global non-alcoholic beer market's growth. The penetration of e-commerce, low prices, easy access, and the introduction of natural and health-beneficial ingredient cocktails in ready-to-drink alcoholic beverages, growing investment in pubs and bars, and a variety of flavours available in ready-to-drink alcoholic beverages global market growth for this product.
Opportunities
Emerging economies provide numerous opportunities for non-alcoholic beer manufacturers to expand their operations. New product expansion and increasing availability of non-alcoholic beer in various bars and restaurants will create new opportunities for the non-alcoholic beers market.
The non-alcoholic beers market is segmented on the basis of product type, technology, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The non-alcoholic beers market is analysed and market size insights and trends are provided by country, product type, technology, category and distribution channel as referenced above.
The countries covered in the non-alcoholic beers market report are the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
Europe dominates the non-alcoholic beers market due to the wide-range of product availability and established distribution channel.
Asia-Pacific is expected to grow in the forecast period of 2022 to 2022 owing to growing government regulations on alcohol consumption, drunken driving norms and personal preferences along with rising preferences towards the adoption of western lifestyle associated with rising health awareness about the ill effects of alcohol consumption is expected to increase the product demand.
Key points covered in the report: -
The pivotal aspect considered in the global Non-alcoholic beers Market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Non-alcoholic beers Market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
The experts also evaluate the export/import policies that might propel the growth of the Global Non-alcoholic beers Market.
The Global Non-alcoholic beers Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Non-alcoholic beers Market Landscape
Part 04: Global Non-alcoholic beers Market Sizing
Part 05: Global Non-alcoholic beers Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Reasons to Buy:
Review the scope of the Non-alcoholic beers Market with recent trends and SWOT analysis.
Outline of market dynamics coupled with market growth effects in coming years.
Non-alcoholic beers Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
Regional and country level analysis combining Non-alcoholic beers Market and supply forces that are affecting the growth of the market.
Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
and strategies adopted by the players in the last five years.
Some of the major players operating in the non-alcoholic beers market are:
Davide Campari-Milano N.V. (Netherlands)
Diageo PLC (UK),
Halewood International Limited (UK),
Asahi Group Holdings, Ltd. (Japan),
Accolade Wines (Australia),
Bacardi Limited (Bermuda),
Mike's Hard Lemonade Co. (US),
Castel Group (France),
Suntory Holdings Limited (Japan),
Anheuser-Busch InBev SA/NV (Belgium),
The Brown-Forman Corporation (US),
United Brands Company, Inc. (US),
PernodRicard SA (France),
The Miller Brewing Company (US).
By Product Type (Alcohol-Free, 0.5% Alcohol by Volume), Technology (Restricted Fermentation, Dealcoholisation), Category (Plain, Flavored), Distribution Channel (Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants)
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