Non-Alcoholic Beer Market Size, Share, and Analysis, By Product (Alcohol Free, Low Alcohol), By Distribution Channel (Store based {Liquor Stores, Convenience Stores, Supermarkets, Restaurants & Bars}, Non-store based {Online Stores}), By Category (Plain and Flavored), By Material (Hops, Malted Grains, Yeast and Enzymes), By Application (Restricted fermentation/ fermentation-free and De alcoholization) and Regional Forecasts, 2022-2032
The global Non-Alcoholic Beer size was USD 19.98 billion in 2021 and projected to grow from USD 22.8 billion in 2023 to USD 42.2 billion by 2032, exhibiting a CAGR of 7.0% during the forecast period 2022- 2032.
Non-alcoholic beer is a low-alcohol, or no alcohol content beverage prepared by fermentating the ingredients like malt, hop, water, and occasionally yeast. The non-alcoholic beer preparation is a controlled process of malting within a specified temperature and pH. Several methodologies are performed to remove alcohol by vacuum distillation, reverse osmosis, or to restrict the ability of yeast to ferment wort. The non-alcoholic beer has been introduced due to the health benefits possessed by non-alcoholic beer which is expected to fuel the growth of the market and the intake of alcohol causes intoxication, leading to hangover, unconsciousness, and loss of temperament.
Non-Alcoholic Beer Market is expected to project a CAGR of 7.0% during the forecast period, 2022-2032
Non-Alcoholic Beer market is expected to reach USD 42.2 billion, growing at a CAGR of 7.0% during forecast period. The non-alcoholic beer helps in decreasing the anxiety and stress by producing sound sleep along with minimising the risk of cardiovascular diseases. Non-Alcoholic Beer is also used in the sports nutrition for gaining extra energy. The rising adoption of western culture like increasing pubs, bars & restaurants is expected to boost the demand of Non-Alcoholic Beer Market.
Supermarkets segment is expected to dominate in the forecast period
Non-Alcoholic Beer Market is classified based on the Distribution Channel into Store based {Liquor Stores, Convenience Stores, Supermarkets, Restaurants & Bars}, Non-store based {Online Stores}). Supermarkets segment in Store based distribution Channel is expected to dominate market during the forecast period owing to the presence of wide variety of flavours and with several brands of Non-Alcoholic Beer in the super markets is expected to boost the growth of the market.
Malted Grains segment is expected to dominate in the forecast period
Non-Alcoholic Beer Market is classified based on the Material into Hops, Malted Grains, Yeast and Enzymes. Malted Grains segment is expected to dominate the market in the forecast period owing to the presence of high percentage of high concentration of enzymes in malted grains which enhances fermentation and effectively coverts starch is expected to boost the growth of market.
Growth Drivers
The Expansion of Non-Alcoholic Beer Brands is Expected to Boost the Growth of the Market
The key players in the market are applying strong policies for expanding the product line. Based on the varying interests of consumers, the development of new variants to satisfy customers’ needs is expected to propel the market growth and the concern is for loyalty of brand. The initiation of fruit-infused non-alcoholic beer improves the taste & quality, thereby creating an opportunity for promoting the market growth. The introduction of craft beers with no alcohol content is expected to boost the Non-Alcoholic Beer market growth.
Rising Awareness on Healthy Living is Expected to Boost the Market Growth
The increasing awareness regarding the occurrence of cardiovascular diseases on consumption of alcoholic beer is expected to boost the growth of Non-alcoholic beer market. Non-alcoholic beer is also consumed during travelling to reduce the boredom of people and the rising tourism industry is creating a growth option for the Non-alcoholic beer market. Non-alcoholic beer is manufactured by introducing raw materials like apples & grapes and by maintaining the same taste of alcoholic beverages, the market is expected to grow.
Increasing Cost of the Product May Restrain the Market Growth
The production of Non-Alcoholic Beer requires craftsmen ship, which lead to increased manufacturing and retail costs and may restrain the growth of Non-Alcoholic Beer market. Due to the absence of alcoholic content, the aroma and taste of the drink may alter which may hamper the market growth.
Recent Developments:
Key Players Covered:
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Non-Alcoholic Beer Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Europe region dominated the Non-Alcoholic Beer Market in 2021 owing to the higher consumption of Non-Alcoholic Beer due to the increased awareness about the adverse effects of consuming alcoholic beverages. Asia Pacific is expected to dominate the market during the forecast period owing to the availability of wide variety of flavours and easy availability of Non-Alcoholic Beer in super markets of this region which is expected to boost the growth of market.
The COVID-19 outbreak had resulted in the economic downfall. Several countries had imposed lockdowns and travel bans to control coronavirus spread. Covid-19 has affected several industries and led to shutdown of many business activities. Covid-19 pandemic had a negative impact on the growth of Non-Alcoholic Beer market.
Non-Alcoholic Beer Market is further segmented by region into:
ATTRIBUTE |
DETAILS |
Study Period |
2021-2032 |
Base Year |
2021 |
Forecast Period |
2022-2032 |
Historical Period |
2021-2022 |
Growth Rate |
CAGR of 7.0% from 2022-2032 |
Unit |
Value (USD Billion) |
Segmentation |
Main Segments List |
Product |
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Distribution Channel |
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Category |
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Material |
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Application |
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By Region |
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Non-Alcoholic Beer Market size was estimated at USD 19.98 billion in 2021 and is expected to reach USD 42.2 billion in 2032.
Non-alcoholic beer is a low-alcohol, or no alcohol content beverage prepared by fermentating the ingredients like malt, hop, water, and occasionally yeast. The non-alcoholic beer preparation is a controlled process of malting within a specified temperature and pH.
Supermarkets and Malted Grains segment accounted for the largest Non-Alcoholic Beer market share.
Key players: Heineken N.V., Anheuser-Busch InBev SA, Erdinger Weibbrau, Bernard Brewery, Carlsberg A/S, Hill Street Beverage Company, Inc., Suntory Beer, Royal Swinkels Family Brewers, Big Drop Brewing Co., Moscow Brewing Company, Arpanoosh, Krombacher Brauerei and Other Prominent Players are the key players in the Non-Alcoholic Beer Market.
The Expansion of Non-Alcoholic Beer Brands and Rising Awareness on Healthy Living are the factors driving the Non-Alcoholic Beer market.
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