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Market InsightsIn the method of manufacturing non-alcoholic beer, ingredients, like hop, malt, water and even yeast, are subjected to certain specific conditions for fermentation that produce alcohol. Later, the alcohol produced is removed by different techniques, like vacuum distillation, reverse osmosis, and others. According to a report published by Beveargedaily, in 2016, the acceptable alcohol content in non-alcoholic beer, in Europe, should not exceed 0.5% v/v, and 0.01% V/V in the Middle East Asia.
The shift in beverage preferences among people, owing to the increasing trend of health consciousness is anticipated to be the major factor driving the global non-alcoholic beer market. Non-alcoholic beer helps maintain life-style image without effecting the heath. And with the increasing urbanization, this benefit is maximizing the adoption of non-alcoholic beer among people. The availability of non-alcoholic beer in different flavors like vanilla, fruit, coffee, and others is increasing its acceptance among mass, that is creating an immense possibility for launching new products.
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Thereby, attracting investments by existing market players for innovations which is likely to gain traction for generating revenues for the non-alcoholic beer market. Governments worldwide, have imposed rules on alcohol consumption, for youngsters that is popularizing non-alcoholic beverage among youngsters. The robust growth of the food and beverage industry and existence of numerous bars and restaurants selling non-alcoholic beer are other factors identified to shoot up the growth curve of the non-alcoholic beer market in the near future.
On the flip side, presence of carbonated and naturally flavored beverages in market can hinder the expansion of the non-alcoholic beer market.
The Market Research Future (MRFR) report states that the global non-alcoholic beer market is expected to exhibit a substantial growth registering a robust compound annual growth rate during the forecast year 2017-2023 owing to the change in taste preferences of consumers.
Market Players
• Heineken N.V. (Netherland)
• Krombacher Broderie (Germany)
• Bernard Brewery (Czech Republic)
• Anheuser-Busch InBev SA (Belgium)
• Erdinger Weibbrau (Germany)
• Big Drop Brewing Co. (U.K.)
• Suntory Beer (Japan)
Industry News
In May 2019, Anheuser-Busch InBev (AB InBev), a multinational brewing and drink company launched non-alcoholic beer, Hoegaarden and Budweiser, in India.
Regions Analysis
The regional segmentation of the Non-Alcoholic Beer Market provides a comprehensive demographic insight of the market. By the region, the non-alcoholic beer market has been narrowed down to North America, Europe, Asia Pacific and Rest of the World.
The North American non-alcoholic beer market is expected to maintain its hegemony during the forecasted period of 2017-2023 which is accounted to proliferate with a 9.00% CAGR. The regional market is likely to grow to USD 2.07 billion by 2023 end, predicts MRFR. Surge in middle class population, increase urbanization, and economic growth in the region are factors forecasted to bolster the regional market growth.
The religious barrier on the alcoholic beverage consumption in the Middle East Asia is expected to play a vital role in the increasing adoption of non-alcoholic beer, available in various flavours like apple, strawberry, raspberry, pineapple, peach, pomegranate, classic malt, and others. Hence, its market is expected to experience a healthy growth in the forthcoming time.
Segments Overview
MRFR’s exhaustive study on the global non- alcoholic beer market has been simplified in the segmental analysis of the market. The compendious market details help clients to get a grip about all factors which are influencing the market to identify market growth opportunities.
The Global Non- Alcoholic Beer Market has been segmented by Product Type, Process, and Raw Materials.
Based on the Product Type, the global non- alcoholic beer market has been segmented into alcohol free and 0.5% alcohol.
Based on the Process, the global non- alcoholic beer market has been classified into reverse osmosis, vacuum, boilers and others. The reverse osmosis segment is expected to exhibit a robust 8.57% CAGR during the upcoming years.
Based on the Raw Materials, the global non- alcoholic beer market has been narrowed down to malt, yeast, flavours, enzymes, hops and others.
TABLE OF CONTENTS
1 Report Prologue
2 Introduction
3 Research Methodology
4 Premium Insights
5 Market Dynamics
6 Mega Trends
7 Market Factor Analysis
TO BE CONTINUE………………,
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Info:
Name: Abhishek
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Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/non-alcoholic-beer-market-3912
Release ID: 526046
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