The Global Non-Alcoholic Wine and Beer Market size is projected to grow at a CAGR of 3.2% during the forecast period, reaching USD 48.94 billion by 2028. The factors driving growth in the global non-alcoholic wine and beer market are increasing demand for a healthy lifestyle, increasing consumption of healthy drinks due to health concerns related to alcohol consumption, rising awareness about benefits associated with drinking non-alcoholic beverages as an alternative to alcoholic ones, increase in a number of breweries producing organic beers which are free from gluten or other allergens, etc., the growing popularity of craft beers among young consumers, etc.
Non-Alcoholic Wine and Beer is a non-alcoholic beverage that has the same look, smell, taste as normal wines or beers. Food coloring can be used to give it its typical appearance.
On the basis of Types, the market is segmented into Non-Alcoholic Wine and Beer.
Non Alcoholic wine is a beverage that contains no alcohol. The taste and flavors are very similar to those of alcoholic wines but without the intoxicating effects. Nonalcoholic Beer has been developed as an alternative for non-drinkers and people who want to drink less or give up drinking for health reasons
Non-alcoholic beer (or NA beer) is a beverage that contains little or no alcohol. Alcohol has been excluded on purpose for various reasons such as religious prohibition, Government regulation, and/or consumer demand. This product may also be called “light” beers because they typically have fewer calories than regular beers due to their low carbohydrate content.
On the basis of Application, the market is segmented into Liquor Stores, Convenience Stores, Supermarkets, Online Stores, and Restaurants.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to have moderate growth throughout the forecast period. The presence of major players with strong product portfolios and a consolidated supply chain is a key factor responsible for this market growth in North America.
Latin American region has been identified as an emerging Non-Alcoholic Wine And Beer Market due to increasing demand from an urban population who are looking forward towards healthier lifestyle choices which include abstaining from alcohol consumption or limiting their intake substantially.
Driving the growth in this region, there is high demand for non-alcoholic beverages among people especially millennials due to increasing health consciousness along with easy availability of alcohol substitutes such as wines which have been tagged under the healthier category by manufacturers. In addition, growing consumer preference towards organic products also stimulates the global market growth over the forecast period.
Up Market Research published a new report titled “Non Alcoholic Wine and Beer Sales Market research report which is segmented by Types (Wine, Beer), By Applications (Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants), By Players/Companies Carlsberg, Heineken N.V, Bernard Brewery, Anheuser-Busch InBev, Moscow Brewing Company, Suntory, Erdinger Weibbrau, Big Drop Brewing”.
Report Attributes | Report Details |
Report Title | Non Alcoholic Wine and Beer Sales Market Research Report |
By Type | Wine, Beer |
By Application | Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants |
By Companies | Carlsberg, Heineken N.V, Bernard Brewery, Anheuser-Busch InBev, Moscow Brewing Company, Suntory, Erdinger Weibbrau, Big Drop Brewing |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 250 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Wine, Beer and By Application Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants.
Some of the companies that are profiled in this report are:
Non Alcoholic Wine and Beer Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Non Alcoholic Wine and Beer Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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