Non-Alcoholic Beer Market Phenomenal Growth 2020| Size, Share, Current Trend, Business Opportunity, Global Analysis and Key Players by Forecast to 2024

Market Scenario

Non-alcoholic beer refers to low-alcohol content beverages prepared by the fermentation of ingredients such as malt, hop, water, and sometimes yeast (to accelerate the process). The production of non-alcoholic beer is carried out under the controlled process of malting with a set temperature and pH. Removal of alcohol is performed by various techniques such as vacuum distillation, reverse osmosis, or by restricting the ability of the yeast to ferment wort. Every brewery has its methods and trade secrets on manufacturing non-alcoholic beer. The definition of non-alcoholic beer differs by countries, for instance, in Arabic countries the maximum alcohol content for non-alcoholic beer is 0.1% V/V, while in Germany, Holland, England, and Iran the permitted maximum alcohol content for non-alcoholic beverage is 0.5% V/V whereas in Spain the maximum alcohol content for non-alcoholic is 1% V/V. The global non-alcoholic beer market is projected to grow with a significant growth rate of 8.28% from 2019 to 2024 and reach a market value of USD 7.3 billion by the end of 2024.

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Segmentation

The global non-alcoholic beer market has been segmented based on product type, category, distribution channel, and region.

The market has been divided, based on product type, into alcohol-free and 0.5% alcohol by volume.

On the basis of distribution channel, the global non-alcoholic beer industry is bifurcated into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, specialty stores, and others.

The global market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American non-alcoholic beer industry has further been segmented into the US, Canada, and Mexico.

The non-alcoholic beer market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Key Players

Heineken N.V. (Netherland)
Anheuser-Busch InBev SA (Belgium)
Erdinger Weibbrau (Germany)
Big Drop Brewing Co. (UK)
Moscow Brewing Company (Russia)
Bernard Brewery (Czech Republic)
Suntory Beer (Japan)
Carlsberg A/S (Denmark)
Krombacher Brauerei (Germany)
Royal Swinkels Family Brewers (Netherland)

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Regional Market

Globally, the non-alcoholic beer market in North America was the dominating market with a share of 36.70% in 2018. The increasing number of heart diseases, rising number of the working population, and stringent government laws on alcohol consumption are expected to be major driving forces for the regional market growth during the forecast period.

Europe is expected to grow at the fastest rate in the non-alcoholic beer industry due to increasing consumption of specialty beers with low alcohol content, and growing trend of ‘clean living’ are majorly influencing the regional market growth. Moreover, the presence of the organized retail sector in countries such as Germany and the UK are further driving the regional market growth.

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This release was published on openPR.