Non-Alcoholic Beer Market to Witness Growth Acceleration During 2017-2024

Market Study Report adds a new report Non-Alcoholic Beer Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024. The report spread across 300 pages with table and figures in it.

Changing beverage consumption patterns towards low liquor content products are key factors propelling non-alcoholic beer market growth. Rising consumer awareness pertaining to health consequences associated with high content alcohol consumption alluring consumer towards alternative drinking options.
Rising alcohol free beer popularity in several Muslims countries including UAE, Qatar, Kuwait, Iran and Egypt is expected boost product demand. By Islamic laws, alcohol consumption is completely forbidden, and this encourages liquor manufacturers to come up with sober drinking products. The maximum allowed content in low liquor products is less than 0.1% v/v. Thereby, these countries are becoming a new attraction for large business opportunities for manufacturers to set up production units and increase product sale.

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Alcohol free beer accounted for more than 50% of the overall market share in 2016. Rising health concerns regarding controlling unsuitable drinking habits are major factors boosting business growth. Increasing promotional campaigns for open to all consumption, including pregnant women and sports athletes is projected to drive non-alcoholic beer market share.

Legislative changes also have a substantial impact on non-alcoholic beer market growth during the forecast timeframe. Additionally, increasing progress of R&D initiatives by several manufacturers to come up with enhanced production technologies will propel product development.
Hops material demand stood over 200 million liters in 2016 for non-alcoholic beer production. The rising demand for an adequate number of flavors forming extra foam to increase creaminess in liquor products will remain key factors driving hops demand. Other vital properties include removal of excess proteins in unfermented conditions and proficiently acts as a natural preservative along with presence of essential oils and acids to deliver appropriate bitterness and aroma.

Dealcoholisation technique accounted for over 80% of the global production in 2016. Enhanced single pass liquor removal by stripping mechanism effective at low temperature & pressure is the major factor propelling technology penetration. Stripping efficacy is boosted by modifying inside production vessel temperature before it is passed into vessel column. Moreover, restricting recirculation necessity substantially lessens overall operating costs and that, in turn, foster non-alcoholic beer market.

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Liquor stores accounted over 20% of the low alcohol beer sales in 2016 owing to the rising consumer perception towards better availability of liquor products in these stores. As per AL-KO Kober Company analysis, in 2016, low age bar on low content liquor purchase will boost business expansion. The age limit in Finland is 18 and Denmark is 16 for buying these products.
Europe market is expected to be valued more than USD 6 billion by 2024 due to the strong presence of low liquor manufacturers along with high adoption rate from consumers. Improved promotional and advertisement activities have boosted product demand. Moreover, increasing popularity among athletes & sportspersons regarding its health benefits will stimulate product demand.

Table of Contents:

Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Non-Alcoholic Beer Industry Insights
Chapter 4. Non-Alcoholic Beer Market, By Product
Chapter 5. Non-Alcoholic Beer Market, By Region
Chapter 6. Company Profiles

Related Reports: -

Global (North America, Europe and Asia-Pacific, South America, Middle East and Africa) Non-Alcoholic Beer Market 2018 Forecast to 2023

Low-alcohol beer (also called light beer, non-alcoholic beer, small beer, small ale, or near-beer) is beer with little or no alcohol content, which aims to reproduce the taste of beer without the inebriating effects of standard alcoholic brews. Most low-alcohol beers are lagers, but there are some low-alcohol ales.

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