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Non-Alcoholic Beer Market Size
- Report ID: GMI2445
- Published Date: Nov 2022
- Report Format: PDF
Non-Alcoholic Beer Market Size
Non-Alcoholic Beer Market size value was more than USD 22 billion in 2022 and is anticipated to depict over 5.5% CAGR through 2023-2032. This is a result of the shifting consumer preference toward healthier alternatives to alcohol.
Non-alcoholic beer has attracted the interest of consumers and gained acceptance as a healthy beverage that contributes to the optimal functioning of the entire body. Several studies have revealed that this beverage can improve blood circulation, lowering the risks of heart disease. Based on statistics from the World Heart Federation, above 18.5 million individuals have died due to cardiovascular diseases, with alcohol consumption listed among the preventable behavioral risk factors. The growing burden of CVDs will therefore encourage consumers to adopt alcohol-free beers worldwide.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Non-Alcoholic Beer Market Size in 2022: | 22 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.9% |
| 2032 Value Projection: | 40 Billion (USD) |
| Historical Data for: | 2018 to 2021 |
| No. of Pages: | 663 |
| Tables, Charts & Figures: | 993 |
| Segments covered: | Product, Material, Technology, Sales Channel, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Taste and aromatic qualities of the dealcoholized drinks tend to reduce with the decrease in alcoholic strength. This loss of flavor and aroma may assert a negative influence on the industry outlook to a certain extent. As non-alcoholic drinks are specialty craft, they are also associated with high production and retail costs, which may further hinder product sales. However, with the increasing awareness about the benefits of non-alcoholic drinks, including improved immunity, product consumption is slated to rise over the estimated timeline.
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Non-Alcoholic Beer Market Scope
