Press release
Non-Alcoholic Beer Industry Is Expect To Witness Soaring Growth Rate (CAGR) of 7% By 2031
The non-alcoholic beer industry is expected to witness soaring growth, expected to surpass US$ 28 Bn in by 2031, with a decade long compounded annual growth rate (CAGR) of 7% across the forecast period.The market is highly consolidated, where top 10 prominent industry pioneers account for over 3/4th share. Increasing online retail and social media campaigns for non-alcoholic beer are anticipated to amplify the overall sales of the non-alcoholic beer industry over the long-term forecast period (2021-2031).
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Competitive Landscape
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.
• In May 2020, Danish brewer Carlsberg and British pubs and cask ale firm Marston's announced a joint venture which surged Marston's share by 36%, recovering some of the value lost since the Covid-19 lockdown shut pubs across the country, as investors applauded the tie-up.
• Under the deal, the Danish firm will own 60% of the new Carlsberg Marston's Brewing Company with Marston's holding 40% and receiving a cash payment of up to £273m.
• In May 2017, Heineken N.V announced the acquisition of all the remaining shares in Lagunitas Brewing Company. To maintain the Lagunitas culture and free spirit, the company will continue to operate as an independent entity within HEINEKEN and will report within the HEINEKEN Americas Region.
To learn more about Non-Alcoholic Beer Market, you can get in touch with our Analyst
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Key Companies Profiled by Fact.MR
• Heineken N.V.
• Suntory Beer
• Bernard Brewery
• Big Drop Brewing Co.
• Anheuser-Busch InBev S
• Krombacher Braueri
• Erdinger Weibbrau
• Moscow Brewing Company
• Carlsberg A/S
• Bayerische Staatsbrauerei Weihenstephan
• Arpanoosh CO
Key Segments Covered :
• By Material :
o Grapes-based Non-Alcoholic Beer
o Berries/Apples-based Non-Alcoholic Beer
o Malted Grains-based Non-Alcoholic Beer
o Hops-based Non-Alcoholic Beer
o Yeast-based Non-Alcoholic Beer
o Enzymes-based Non-Alcoholic Beer
• By Type :
o Alcohol Free (0.0% ABV) Beer
o Low-Alcohol (Upto 1% ABV) Beer
• By Sales Channel :
o Non-Alcoholic Beer Sales via Liquor Stores
o Non-Alcoholic Beer Sales via Convenience Stores
o Non-Alcoholic Beer Sales via Supermarkets
o Non-Alcoholic Beer Sales via Online Stores
o Non-Alcoholic Beer Sales via Restaurants & Bars
o Non-Alcoholic Beer Sales via Travel Retails
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Questionnaire answered in the Non Alcoholic Beer Market report include:
• How the market for Non Alcoholic Beer has grown?
• What is the present and future outlook of the global Non Alcoholic Beer on the basis of region?
• What are the challenges and opportunities for the Non Alcoholic Beer?
• Why the consumption of Non Alcoholic Beer highest in region?
• In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
• MR follows a six-point mechanism known as
E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Non Alcoholic Beer market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Non Alcoholic Beer market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Non Alcoholic Beer market and assists to create strategies to overcome the obstacles that may hinder the growth of the Non Alcoholic Beer market.
• Leverage: The Non Alcoholic Beer market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Non Alcoholic Beer market.
Explore Fact.MR's More Insights on the Food & Beverage Domain
https://www.prnewswire.com/news-releases/probiotic-soda-market-to-grow-two-fold-as-on-the-go-consumption-trend-gains-impetus-301590969.html
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