SELBYVILLE, Del., Sept. 11, 2019 /PRNewswire/ -- The value of
the global non-alcoholic beer market is anticipated to surpass
USD 25 billion by 2024, says a new
research report published by Global Market Insights, Inc., owing to
shifting consumer preferences towards healthier non-alcoholic
beverages. The research report provides an exhaustive analysis of
the competitive spectrum, product, material, technology, sales
channel, and regional landscapes of this industry.
The global non-alcoholic beer industry has lately gained immense
momentum, on account of factors such as a transition in beverage
consumption pattern, a growing inclination for beverages with low
liquor content, together with burgeoning awareness regarding the
negative health impacts of consuming liquor. Moreover, changes in
lifestyle and surging disposable incomes, particularly of the
middle-class population, will further propel the industry
landscape.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/2445
The alcohol-free beer market has shown significant growth over
the years owing to increasing health consciousness and a surging
desire to triumph over inappropriate drinking habits. The product
contains 69 calories and a low percentage of alcohol, i.e., <
0.05 percent ABV (Alcohol by Volume) in comparison to other
products available in the market. An increase in the number of
promotional campaigns informing people about the consumption of
these products including sports athletes and pregnant women will
foster an increase of the size of the non-alcoholic beer market
from the alcohol-free beer segment in the approaching years.
Alcohol-free beer held over 50% of the overall market share
in the year 2016.
Other factors commanding product demand across the globe are
liquor bans and growing product availability. In addition to this,
a high penetration of religious beliefs amid youth, together with
improved flavor offerings of industry contenders will fuel
the non-alcoholic beer industry share.
Some factors that may deter market growth are a dearth of
appropriate labeling standards and different definitions of
non-alcoholic beer across different countries. Case in point, in
Germany 0.5% ABV beers is
considered alcohol-free, whereas in the UK it is treated as "low
alcohol" content beer.
The hops market is anticipated to witness substantial growth
over 2017-2024, because of primary propellers like surging demand
for a suitable quantity of flavors constituting extra foam to boost
the creaminess of alcoholic products. Hops contain oils and
acids that assist in providing optimal bitterness and aroma to
the end product.
Hops are projected to witness a growth rate exceeding 6.5% up
to the year 2024.
Dealcoholization technology is a leading technology segment of
the global non-alcoholic beer market. Lately, dealcoholization has
gained popularity due to its relatively less complex process, and
flexibility to manufacture both low alcohol and alcohol-free
products. Reverse osmosis is used extensively owing to its ability
to limit the loss of aroma compounds, which helps in creating a
natural and strong flavor.
Browse key industry insights spread across 600 pages with 950
market data tables, and 14 charts and figures from the report,
"Non-Alcoholic Beer Market" in detail along with the table
of contents:
https://www.gminsights.com/industry-analysis/non-alcoholic-beer-market
The non-alcoholic beer market is highly competitive in nature.
It includes notable contenders like Anheuser-Busch InBev, Moscow
Brewing company, Erdinger Weibbrau, Krombacher Brauerei,
Anheuser-Busch InBev SA, Big Drop Brewing, Bernard Brewery,
Heineken, and Suntory. The rising trend of collaborations, and
mergers & acquisitions, is projected to improve new product
development and reinforce the global reach of these players. A few
other known names of this industry are Coors Brewing Company,
Behnoush Iran, Kirin, Arpanoosh, Weihenstephan, and Carlsberg.
The restaurants and bars segment of the industry is projected to
be worth over US $6 Billion in 2024,
owing to hectic lifestyles, rising urbanization, and a hike in
habitually eating out, especially in developing nations.
Additionally, increased socializing and growing spending power
would trigger product demand across this sales channel.
Strict driving regulations and a favorable regulatory outlook
will enhance the outlook for the non-alcoholic beer market in
the coming years. Restrictions pertaining to alcohol intake among
athletes and sportsmen would upscale product penetration in major
economies. Moreover, a number of industry titans are venturing into
this business space to augment their product portfolio and foster
business proceeds. However, it is anticipated that high flavor
losses and selling prices will hinder industry growth.
Make an inquiry for purchasing this report
@ https://www.gminsights.com/inquiry-before-buying/2445
Browse Related Reports:
Non-Alcoholic Wine and Beer Market By Products (Beer {By
Material (Grapes, Berries/ Apples, Malted Grains, Hops, Yeast,
Enzymes), By Type (Alcohol Free [0.0% ABV], Lower Alcohol [0.0% -
1.5% ABV], Lower Alcohol [1.5% - 3.5% ABV], By Technology
(Restricted Fermentation, Dealcoholization [Reverse Osmosis, Heat
Treatment, Vacuum Distillation]), By Sales Stores (Liquor Stores,
Convenience Stores, Supermarkets, Online Stores, Restaurants &
Bar)}, Wine { By Material (Grapes, Berries/ Apples, Malted Grains,
Hops, Yeast, Enzymes), By Technology (Restricted Fermentation,
Dealcoholization [Reverse Osmosis, Heat Treatment, Vacuum
Distillation]), Industry Analysis Report, Regional Outlook, Growth
Potential, Price Trends, Competitive Market Share & Forecast,
2019 – 2025
https://www.gminsights.com/industry-analysis/non-alcoholic-wine-and-beer-market
Luxury Wine & Spirit Market, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, France, UK, Italy, Russia, China, Japan,
India, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Saudi
Arabia, UAE, South Africa),
Application Development Potential, Price Trends, Competitive Market
Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/luxury-wine-and-spirit-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research
and consulting service provider; offering syndicated and custom
research reports along with growth consulting services. Our
business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially
designed and presented to aid strategic decision making. These
exhaustive reports are designed via a proprietary research
methodology and are available for key industries such as chemicals,
advanced materials, technology, renewable energy and
biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://express-journal.com
Connect with
us: Facebook | LinkedIn | Twitter
Related Images
non-alcoholic-beer-market.jpg
Non-Alcoholic Beer Market Forecasts to 2024
The Non-Alcoholic Beer Industry is set to achieve over 7% CAGR up
to 2024, owing to stringent regulations against alcohol consumption
age limit and high taxes imposed on alcoholic beverages.
Related Links
Non-Alcoholic Beer Market
Plant Based Beverages Market
View original content to download
multimedia:http://www.prnewswire.com/news-releases/european-non-alcoholic-beer-market-to-hit-6-billion-by-2024-global-market-insights-inc-300915813.html
SOURCE Global Market Insights, Inc.