Non-Alcoholic Beer Market Worth US$ 32.9 billion by 2030 |...

Non-Alcoholic Beer Market Worth US$ 32.9 billion by 2030

Posted 2023-08-08 09:24:19

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The global non-alcoholic beer market size is expected to grow from USD 18.1 billion in 2021 to USD 32.9 billion by 2030, at a CAGR of 8.1% from 2022 to 2030

the non-alcoholic beer market was experiencing growth and increased popularity. Non-alcoholic beer, also known as NA beer or alcohol-free beer, is a type of beer that contains little to no alcohol content (usually less than 0.5% alcohol by volume). It is often consumed by individuals who want to enjoy the taste of beer without the effects of alcohol.

Some key points about the non-alcoholic beer market:

1. Growing Consumer Interest: Health-conscious consumers, designated drivers, pregnant women, and individuals who want to reduce their alcohol consumption have been driving the demand for non-alcoholic beer.

2. Variety and Quality: In recent years, the quality and variety of non-alcoholic beers have improved significantly. Breweries are investing in creating flavorful and appealing options to cater to a wider range of tastes.

3. Market Expansion: The market for non-alcoholic beer has been expanding beyond traditional beer-drinking regions, as more consumers worldwide are showing interest in healthier beverage options.

4. Innovation: Some breweries have even started experimenting with unique flavors, craft-style non-alcoholic beers, and specialty offerings, further contributing to the market's growth.

5. Challenges: Despite its growth, the non-alcoholic beer market still faces challenges, including perceptions about taste and stigma associated with non-alcoholic beverages.

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Non-Alcoholic Beer Market Dynamics

the non-alcoholic beer market was experiencing several dynamic trends and factors that were shaping its growth and evolution. While I don't have real-time information beyond that date, here are some key dynamics that were influencing the non-alcoholic beer market at that time:

1. Health and Wellness Trends: Growing health and wellness awareness was driving consumer preferences towards healthier beverage choices. Non-alcoholic beer appealed to individuals who wanted to enjoy the taste of beer without the negative health effects of alcohol.

2. Changing Consumer Behavior: Many consumers, especially younger generations, were adopting more mindful drinking habits. Non-alcoholic beer provided an option for those who wanted to socialize or enjoy a beer without the impairment associated with alcohol.

3. Product Innovation: Breweries were investing in research and development to create high-quality, flavorful, and diverse non-alcoholic beer options. This included experimenting with different brewing techniques, ingredients, and flavor profiles.

4. Expanding Market Reach: The market for non-alcoholic beer was expanding beyond traditional beer-drinking regions. Globalization and changing attitudes towards alcohol were leading to increased adoption in various markets.

5. Marketing and Branding: Breweries were using creative marketing strategies to position non-alcoholic beer as a lifestyle choice rather than just a beverage for people avoiding alcohol. This included collaborations with influencers, sports events, and wellness campaigns.

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Market Segmentation Analysis

The study categorizes the global Non-Alcoholic Beer market based on equipment type, technology, type, installation method, distribution channel, application, and regions.

By Type Outlook (Sales, USD Million, 2017-2030)

· Alcohol-free

· Low alcohol

By Category Outlook (Sales, USD Million, 2017-2030)

· Plain

· Flavoured

By Distribution Channel Outlook (Sales, USD Million, 2017-2030)

· Convenience Stores

· Liquor Stores

· Supermarkets

· Restaurants & Bars

· Online Stores

By Material Outlook (Sales, USD Million, 2017-2030)

· Malted Grains

· Hops

· Yeasts

· Enzymes

· Others

By Age Group Outlook (Sales, USD Million, 2017-2030)

· Teenager

· Adult

· Geriatric

By Region Outlook (Sales, Production, USD Million, 2019-2033)

· North America (Mexico, Canada, US)

· South America (Peru, Brazil, Colombia, Argentina, Rest of Latin America)

· Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)

· Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)

· The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

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REGIONAL ANALYSIS, 2023

Based on the region, the global Non-Alcoholic Beer market has been analyzed and segmented into five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America has been a prominent market for Non-Alcoholic Beers due to high consumer spending on electronics and a strong demand for home entertainment systems. The United States, in particular, has a large market for Non-Alcoholic Beers, driven by the popularity of streaming services and the desire for immersive audio experiences.

The Asia Pacific region, including countries like China, Japan, and South Korea, has witnessed substantial growth in the Non-Alcoholic Beer market. Factors contributing to this growth include the rising disposable income, increasing urbanization, and the growing popularity of home theater systems among consumers in the region.

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Major Key Players in the Non-Alcoholic Beer Market

The global Non-Alcoholic Beer market is fragmented into a few major players and other local, small, and mid-sized manufacturers/providers, they are –

· Heineken N.V

· Suntory Beer

· Bernard Brewery

· Big Drop Brewing Co

· Anheuser-Busch InBev SA

· Krombacher Brauerei

· Erdinger Weibbrau

· Moscow Brewing company

· Anheuser-Busch InBev