Non-Alcoholic Wine And Beer Market Showing Impressive Growth During Forecast Period 2023 - 2032: Suntory, Carlsberg, Big Drop Brewing, Pierre Chavin

Non-Alcoholic Wine And Beer Market size is projected to reach USD 32.95 Billion by 2028 from an estimated USD 21.29 Billion in 2021, growing at a CAGR of 6.44% globally.

This market study of non-alcoholic wine and beer is the result of considerable primary and secondary research. Together with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Also, a dashboard analysis of the previous and current performance of top organizations is provided. The research employs a number of approaches and analytics to produce reliable and thorough data about the non-alcoholic wine and beer market.

With important causes such increasing health awareness, marketing techniques, perceptions of non-alcoholic beverages, and others, low and reduced alcohol beverages are becoming more and more popular in various places. Low-alcohol beverages such light beer and wine with lower alcohol content have reportedly gained popularity in the industry and are anticipated to stimulate expansion in the non-alcoholic wine and beer market during the forecast period. For instance, the global consumption of light beer increased by 47.2% in volume between 2006 and 2011, according to MDPI. A growing market in the overall beer industry is the manufacturing of beers with low alcohol concentration. Globally, a variety of products based on beer and wine have been developed over the past few decades employing varied brewing techniques, technology, and raw materials.

Due to growing public knowledge of the health concerns associated with alcohol, low and non-alcoholic beverages are becoming more and more popular as compared to traditional alcoholic beverages. For instance, the Global Cancer Research Fund estimated in 2007 that lowering alcohol concentration from 14.2% to 10% would result in a 7% reduction in the risk of breast and bowel cancer. During the course of the projection period, there is likely to be a significant increase in demand for non-alcoholic beer due to the rising purchasing power and shifting spending habits of millennials around the world.

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Government rules and policies that are favourable to the marketing of alcohol replacements will open up new markets for established major players. For instance, in the European zone, advertising a product as 0% alcohol free will spur market expansion because non-alcoholic beer is exempt from excise taxes. Also, the home delivery of non-alcoholic beer and wine via meal delivery services opens up new market opportunities.

Global Non-Alcoholic Wine and Beer Market: Major Players
Coors Brewing Company
Bernard Brewery
Behnoush Iran
Hill Street Beverage Company Inc.
S. Martinelli＆Company
Weihenstephan
Heineken N.V
Suntory
Carlsberg
Big Drop Brewing
Pierre Chavin
Anheuser-Busch InBev
Erdinger Weibbrau
Moscow Brewing Company

Global Non-Alcoholic Wine and Beer Market: By Types
Alcohol Free
Low Alcohol

Global Non-Alcoholic Wine and Beer Market: By Applications
Liquor Stores
Convenience Stores
Supermarkets
Online Stores
Restaurants

Global Non-Alcoholic Wine and Beer 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 Non-Alcoholic Wine and Beer 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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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Objectives of the Study:
• To provide with an exhaustive analysis on the Market by Product, By Application, By End User and by Region.
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market

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