Non-Alcoholic Beer Market 2019 Global Industry Overview By Size, Trends & Growth Forecast To 2024

Global Market Insights, Inc. added research on Non-Alcoholic Beer Market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, market also includes an in-depth study of the industry’s competitive scenario.

Over the past decade, the non-alcoholic beer market share has expanded at an exceptional pace courtesy a marked increase in the preference for low liquor content beverages. Moreover, the rising disposable incomes, particularly among the middle-class populace, has further boosted the growth potential of non-alcoholic beer industry.

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Key Profiles in this Industry:
• Carlsberg
• Heineken N.V
• Arpanoosh
• Behnoush Iran
• Coors Brewing Company
• Drop Brewing Co
• Bernard Brewery
• Suntory
• Erdinger Weibbrau
• Kirin
• Moscow Brewing Company
• Krombacher Brauerei
• Anheuser-Busch InBev SA

Owing to an exponential rise in health awareness and changing consumption patterns, non-alcoholic beer market share has expanded commendably in the past few years. However, there have been a few factors which have caused a considerable uneasiness across the non-alcoholic beer industry space.

Increasing product preference owing to presence of optimum quantity contents such as limited calorie and sodium will propel market growth. The product also has few positive health benefits due to the presence of good nutrient including B-complex vitamins, carbohydrates, proteins, fiber, protein, minerals, and antioxidants.

Middle Eastern countries are expected to witness significant growth owing to their social obligations pertaining to the restriction on alcohol. The maximum allowed content in non-alcoholic beer is less than 0.1% v/v. Islamic countries have become a new attraction with large market opportunities for manufacturers to set up production units and increase product sale.

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The European non-alcoholic beer market has gained attention, factors such as alternative of liquor in celebration among sportspersons and teams during matches and tournaments has instigated demand. Also, for athletes it is important to recover fluid contains carbohydrate and sodium to rehydrate which will also enhance product penetration.

Breweries and manufacturers are facing major challenges in production process owing to complex production procedure. Moreover, feedback from consumers regarding non-appealing taste coupled with presence of bitterness will remain a major threat to the industry growth.

Malted grains dominated the material segment and accounted for over 70% of the industry share in 2016. Barley and cereals are widely used grains in traditional procedures to provide natural aroma and taste to the beverage. Hops generated over USD 1 billion revenue in 2016 owing to its natural flavor and bitterness required in the production. The rising popularity of the variety of flavors in beverage product ranges will propel growth in this segment. Moreover, additional advantages, including natural preservation, reduce excess proteins and generate foam head of the beer will stimulate demand.

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Asia Pacific alcohol free beer market accounted for over 18% of the industry share in 2016. Rapid urbanization and the emergence of the middle-class population are the major factors fueling regional industry growth. China, India, Japan, and Australia are the prominent market owing to the rising consumer income trend is supporting non-alcoholic beverages market growth.

Europe market is anticipated to witness growth over 6.5% up to 2024. Growing popularity among athletes and sportsperson owing to its health benefits will foster market demand during forecast time. In European countries maximum allowed alcohol content in non-alcoholic beer is less than 0.5% v/v. This region is expected to witness high industry growth owing to the strong presence of breweries and manufacturers.

Global low alcohol beer market share is partly consolidated and competitive in nature owing to the large presence manufacturers and breweries. Carlsberg, Heineken N.V, Arpanoosh, Behnoush Iran, Coors Brewing Company, Drop Brewing Co, Bernard Brewery, Suntory, Erdinger Weibbrau, and Kirin are key industry players. Other companies include Moscow Brewing Company, Krombacher Brauerei, and Anheuser-Busch InBev SA.

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