The Non-Alcoholic Beer Market Will Grow at the Highest Rate, Reaching US$43.6 billion by 2032 | Future Market Insights Inc.
Increasing emergence of establishments offering mocktails or non-alcoholic cocktails in the U.S. is expected to drive sales in the market. Growing consumer preference for non-alcoholic beverages will continue boosting the demand for non-alcoholic beers over the forecast period.
NEWARK, Del: According to a recent survey by Future Market Insights (FMI), the global non-alcoholic beers market is expected to surpass a valuation of US$ 43.6 Bn by 2032, expanding at a 7.8% CAGR.
Increasing awareness regarding health concerns connected with alcohol consumption is spurring demand for non-alcoholic beverages. Driven by this, non-alcoholic beer is gaining immense popularity over traditional alcoholic drinks.
Wide availability of non-alcoholic beer at supermarkets is expected to augment the growth in the market. Discounted supermarket prices are garnering consumer attention and driving product demand through this sales channel in a number of locations.
Apart from the health concerns, the millennial generation’s propensity to try different flavors in mixed brews and beverages is also fuelling sales of non-alcoholic beers. Consumer interest in ethically and organically derived products is growing, which is anticipated to create opportunities for growth in the market.
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Also, the emergence mindful drinking trend will provide impetus to sales in the market. Consumers who want to reduce alcohol consumption no longer have to compromise on taste because the overall quality of no-alcohol alternatives has improved over time.
“Increasing availability of non-alcoholic beers at online retail channels, along with growing interest in malt-grain based non-alcoholic beverages will drive sales in the market over the forecast period,” says the FMI analyst.
- Based on product type, sales of alcohol-free beers are expected to remain high over the forecast period.
- In terms of sales channels, indirect channels such as supermarkets and online retail platforms will remain most lucrative.
- By material, demand for malted-grain non-alcoholic beer will gain traction at a considerable pace through 2032.
- Sales in the U.S. non-alcoholic beers market will account for 23.6% of the total market share in 2022.
- Demand for non-alcoholic beers in the China market will increase at a 7.4% CAGR over the forecast period.
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Some of the leading companies offering non-alcoholic beer Big Drop Brewing Co., Anheuser-Busch InBev, Heineken N.V., Bernard Family Brewery Inc., Moscow Brewing Company, Carlsberg A/S, Suntory Beer, Erdinger Weibbrau, Arpanoosh CO, Krombacher Braueri, and others.
Given Below are the Acerola Extract Market Segments
- Low Alcohol
- Malted Grains
By Sales Channel:
- Convenience Stores
- Liquor Stores
- Restaurants & Bars
- Online Stores
- North America
- Latin America
- Asia Pacific
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Table of Content:
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
Check Our Related Food and Beverage Research Reports:
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Alcoholic Flavors Market Share: The alcoholic flavors market saw soaring growth in 2021 with worldwide revenues. A new forecast estimates that alcoholic flavors revenue will nearly double by 2031.
Pre-Mixed/RTD Alcoholic Drinks Market Trends: Pre-mixed/RTD alcoholic drinks are also regarded as alcopops. Rapidly growing demand for less alcohol content drinks, changing lifestyle with alcohol consumption habits, rising demand from youth are some of the major factors driving the pre-mixed/RTD alcoholic drinks market.
Beverage Acidulants Market: The beverage acidulants market is estimated to reach a valuation of US$ 2.4 billion in 2023 and is estimated to reach US$ 3.7 billion by 2033. The market is anticipated to record a CAGR of 4.7% during the forecast period.
Infant Formula Market: The global infant formula market is estimated to reach a US$ 49.9 billion in 2023. It is likely to accelerate at a robust 8.5% CAGR from 2023 to 2033. This should propel the market’s value to a mammoth US$ 114.1 billion in 2033.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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