Non-alcoholic Beer Market share to exceed $25 Bn
by 2024: Global Market Insights Inc.
The research report Non-Alcoholic Beer Market Size By Product (Alcohol Free {By
Material [Malted Grains, Hops, Yeast and Enzymes], By Technology [Restricted
Fermentation and Dealcoholization {Reverse Osmosis, Heat Treatment and
Vacuum Distillation}], By Sales Channel [Liquor Stores, Convenience Stores,
Supermarkets, Online Stores and Restaurants and Bars]}, Low Alcohol {By
Material [Malted Grains, Hops, Yeast and Enzymes], By Technology [Restricted
Fermentation and Dealcoholization {Reverse Osmosis, Heat Treatment and
Vacuum Distillation}] By Sales Channel [Liquor Stores, Convenience Stores,
Supermarkets, Online Stores and Restaurants and Bar]}), Industry Analysis
Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market
Share & Forecast, 2017 – 2024 by Global Market Insights, Inc. says, Global Non-
alcoholic Beer Market size is set to exceed USD 25 Billion by 2024
Changing consumption patterns, lifestyle and health awareness are major factors
propelling non-alcoholic beer demand. Manufacturers have been keeping a watch on
consumer trends on most likely beverages, leading to new product launches to
match this popular trend. Growing acceptance of non-alcoholic or low alcohol beer
globally among the majority of health-conscious consumer is anticipated to witness
market penetration during a forecast time frame.
Increasing product preference owing to presence of optimum quantity contents such
as limited calorie and sodium will propel market growth. The product also has few
positive health benefits due to the presence of good nutrient including B-complex
vitamins, carbohydrates, proteins, fiber, protein, minerals, and antioxidants.
Middle Eastern countries are expected to witness significant growth owing to their
social obligations pertaining to the restriction on alcohol. The maximum allowed
content in non-alcoholic beer is less than 0.1% v/v. Islamic countries have become a
new attraction with large market opportunities for manufacturers to set up production
units and increase product sale.
The European non-alcoholic beer market has gained attention, factors such as
alternative of liquor in celebration among sportspersons and teams during matches
and tournaments has instigated demand. Also, for athletes it is important to recover
fluid contains carbohydrate and sodium to rehydrate which will also enhance product
penetration.
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