Low-Alcohol Beverages Market presents strong revenue visibility in Near Future Booming at a CAGR of 5.7% during 2022 to 2030

Low-Alcohol Beverages Market size was valued at USD 1.27 Billion in 2021 and is projected to reach USD 2.02 Billion by 2030, growing at a CAGR of 5.7% from 2022 to 2030.

The demand is expected to rise due to the rising popularity of mindful drinking and the desire of young people to develop responsible drinking practises. The market expansion during the study period may be fueled by growing awareness of the negative effects of high-alcohol beverages and the swift substitution of these products. The decline in alcoholic beverage consumption among millennials and their rising preference for hard seltzers over other low ABV drink flavours may help the market gain momentum. Due to the rising demand for cocktails in glass bottles, the sector has experienced an increase in revenue. In numerous important places, lower alcohol beer options have significantly increased the amount of shelf space available in supermarkets and specialty shops, providing customers with more options.

Drinks that range from 0.05% to 1.12% alcohol by volume are considered low-alcohol beverages. Healthy beverage preferences are expected to change, creating profitable business opportunities around the world. To support their efforts to achieve their health goals, consumers everywhere are calling for high-quality, tastier, and healthier. In order to satisfy consumer demand, producers are launching new goods without altering the mouthfeel or flavour. Additionally, it is anticipated that greater investments by industry participants to enhance the flavour, variety, and quality of these beverages will spur market expansion.

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It is anticipated that the business would expand as a result of the rising popularity of mindful drinking and the desire among young people to adopt healthy drinking practises. Increasing awareness of the harmful effects of high-alcohol beverages and the swift replacement of those beverages with lower alcohol content could drive market growth throughout the study period. The decline in millennials' consumption of alcoholic beverages and their rising preference for hard seltzers over the other varieties of low ABV beverages should help the market gain traction. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Low-alcohol Beverages Market: Major Players
BELL'S BREWERY
LAKEFRONT BREWERY
BLAKE’S HARD CIDER
Heineken N.V
Abita Brewing Company
HARTWALL
Aftershock Brewing
JACK'S HARD CIDER
Cody’s
New Belgium Brewing Company
Constellation Brands
Anheuser-Busch InBev
Bacardi Limites
Farmageddon Brewery
New Planet Beer
Blue Moon Brewing Company
Asahi Premium Beverages
HP Bulmer Limited
Carlsberg Group

Global Low-alcohol Beverages Market: By Types
Low-alcohol beer
Low-alcohol wine
Low-alcohol RTD’s
Low-alcohol cider
Low-alcohol spirits

Global Low-alcohol Beverages Market: By Applications
On-trade
Supermarkets and hypermarkets
Specialist retailers
Convenience store

Global Low-alcohol Beverages Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Scope of the Market Report:
● Research report analyses to profile the top manufacturers, with price, sales, revenue, and global market share.
● The competitive situation, sales, revenue, and global market share of top manufacturers are analysed emphatically by landscape contrast.
● The breakdown data are shown at the regional level, to show the sales, revenue, and growth by region.
● The research report breaks the sales data at the country level, with sales, revenue, and market share for key countries in the world.
● The market segments the sales by type and application, with sales market share and growth rate by type, and application.
● The research report describes sales channels, distributors, customers, research findings and conclusion, appendix, and data source.

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