Non-Alcoholic Beer Market Report: Market anticipated to reach USD 26.5 BN by 2026
Posted On January 06, 2021
The Global Non-Alcoholic Beer Market value is expected to grow to USD 26.5 BN by 2026 at a CAGR of 7.5 % during 2020-2026 as per the market report by Value Market Research. Non-alcoholic beer is a beverage made by removing alcohol from a regular beer. Growing preference for zero alcohol or less alcoholic beverages is the key trend for this market's growth. Rapid urbanization and high disposable income will further benefit market growth. Increased pub culture adoption and the rising number of health-conscious consumers will fuel the demand for non-alcoholic beer. Stringent government regulations against alcohol consumption will favor the growth of this market. The several positive effects and health benefits of this beverage will boost market growth. The constraints hampering the market's growth are consumption of non-alcoholic beer can cause relapse in recovering alcoholics, and the taste is not as good as usual.
Non-alcoholic beer is a variety of beer with less than 0.5 percent alcohol by volume. Non-alcoholic beer has several health benefits beyond being a healthier alternative to drinking. It does not cause dehydration but instead hydrates the body, promotes better sleep, aids in post-workout recovery, and can even reduce anxiety. Non-alcoholic beer is very low in calories, does not cause any hangover, can be used during pregnancy, and driving after drinking is allowed in this case. Different types of non-alcoholic beers with varied flavors and obtained by the fermentation of many ingredients like malt, water, hops, chocolate, wheat, oats, coffee, and lactose are available.
The report “Global Non-Alcoholic Beer Market Report By Product (Alcohol Free, Low Alcohol Beer), By Material (Malted Grains, Hops, Yeast, Enzymes), By Technology (Restricted Fermentation, Dealcoholization), By Sales Channel (Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027" initially provides the market overview, executive summary followed by detailed revenue analysis bifurcated by segments and regions. The study researches the historical trends of the industry along with understanding all the geo-economic conditions related to the non-alcoholic beer market, thus making the foundation of the report strong and reliable.
On the basis of product the market is segmented into Alcohol Free, Low Alcohol Beer. By material the non-alcoholic beer market is categorised as Malted Grains, Hops, Yeast, Enzymes. By technology the non-alcoholic beer market is categorised as Restricted Fermentation, Dealcoholization. Based on sales channel the non-alcoholic beer market is segmented as Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants. Regionally, the report is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In this section of the report the data related to all the segments are analysed as per regions.
The Report Segments Global Non-Alcoholic Beer Market -
- Alcohol Free
- Low Alcohol Beer
- Malted Grains
- Restricted Fermentation
By Sales Channel
- Liquor Stores
- Convenience Stores
- Online Stores
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Heineken N.V, Suntory Beer, Bernard Brewery, Big Drop Brewing Co, Moscow Brewing company, Anheuser-Busch InBev, Carlsberg, Anheuser-Busch InBev SA, Krombacher Brauerei, Erdinger Weibbrau.
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