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Zero Alcohol Beer Industry Value accounted for USD 23.5 Billion by 2022, Driven by the increasing health and wellness concerns during the forecast, 2023-2033

06-28-2023 08:36 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Zero Alcohol Beer Industry Value accounted for USD 23.5 Billion

According to the report, the global Zero Alcohol Beer market accounted for a market size of USD 23.5 Billion in 2022, growing at a CAGR of 7.3% from 2023 to 2033. Zero-alcohol beer, also known as non-alcoholic beer or alcohol-free beer, is a type of beer that contains very minimal or no alcohol content. It is designed to provide the taste and experience of beer without the intoxicating effects of alcohol. Zero-alcohol beer is brewed similarly to traditional beer, but the alcohol content is reduced or removed through various processes such as vacuum distillation, reverse osmosis, or the use of specialized yeast strains.
The drivers behind the growth of zero-alcohol beer include health and wellness concerns, regulations on drinking and driving, social inclusivity, improved taste and variety, market innovation, environmental sustainability, and the shifting drinking culture. These factors have led to increased consumer interest in zero-alcohol beer and have driven the expansion of the market in recent years.
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Key Highlights:
• The global Zero Alcohol Beer Market size was valued at USD 23.5 Billion in 2022 growing at a CAGR of 7.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
In terms of COVID-19 impact, the Zero Alcohol Beer market report also includes the following data points:
• COVID-19 Impact on Zero Alcohol Beer market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Zero Alcohol Beer market
For more information: https://evolvebi.com/product/zero-alcohol-beer-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/
Key Players
Some of the major Zero Alcohol Beer players holding high market share include Heineken International B.V., Moscow Brewing Company, Anheuser-Busch InBev SA/NV, Krombacher Brauerei, and Carlsberg. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Heineken International B.V.
• Moscow Brewing Company
• Anheuser-Busch InBev SA/NV
• Krombacher Brauerei,
• Carlsberg
• Bravus Brewing Company
• Bernard Brewery
• Erdinger Weibbrau
• Coors Brewing Company
• Halewood Wines & Spirits
• Kirin
• Partake Brewing
• Radeberger Gruppe
• Hill Street Beverage Company, Inc.
• Wellbeing Brewing Co
Segmental Analysis
Market Segment By Product with focus on market share, consumption trend, and growth rate of Zero Alcohol Beer Market:
• Alcohol-Free
• Low Alcohol
Based on Product, low alcohol currently hold the largest market share in the Zero Alcohol Beer market.
Market Segment By Distribution Channel with focus on market share, consumption trend, and growth rate of Zero Alcohol Beer Market:
• Store Based
• Non-Store Based
Based on Distribution Channel, The store-based segment holds the largest market share in the Zero Alcohol Beer market.

Parameters Details
Market Size (2022) $ 23.5 Billion
CAGR (2023 to 2033) 7.3%
Market Segmentation Product, Distribution Channel
Companies profiled Heineken International B.V., Moscow Brewing Company, Anheuser-Busch InBev SA/NV, Krombacher Brauerei, and Carlsberg, Bravus Brewing Company, Bernard Brewery, Erdinger Weibbrau, Coors Brewing Company, Halewood Wines & Spirits, Kirin, Partake Brewing, Radeberger Gruppe, Hill Street Beverage Company, Inc., and Wellbeing Brewing Co
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America

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Global Zero Alcohol Beer Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
Overall, Zero Alcohol Beer market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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