including natural preservation, reduce excess proteins and generate foam head of the beer will stimulate demand.
Asia Pacific alcohol free beer market accounted for over 18 % of the industry share in 2016. Rapid urbanization and the emergence of the middle-class population are the major factors fueling regional industry growth. China, India, Japan, and Australia are the prominent market owing to the rising consumer income trend is supporting nonalcoholic beverages market growth.
Europe market is anticipated to witness growth over 6.5 % up to 2024. Growing popularity among athletes and sportsperson owing to its health benefits will foster market demand during forecast time. In European countries maximum allowed alcohol content in non-alcoholic beer is less than 0.5 % v / v. This region is expected to witness high industry growth owing to the strong presence of breweries and manufacturers.
Global low alcohol beer market share is partly consolidated and competitive in nature owing to the large presence manufacturers and breweries. Carlsberg, Heineken N. V, Arpanoosh, Behnoush Iran, Coors Brewing Company, Drop Brewing Co, Bernard Brewery, Suntory, Erdinger Weibbrau, and Kirin are key industry players. Other companies include Moscow Brewing Company, Krombacher Brauerei, and Anheuser-Busch InBev SA. Increasing competition and emergence of new entrants are expected to encourage new product development.
Segmentation of Non-alcoholic Beer Market:
Global Market Insights has segmented the Non-alcoholic Beer industry on the basis of following segments
Non-alcoholic Beer Market, By Product
• Alcohol free beer
• Low alcoholic beer
Non-alcoholic Beer Market, By Material
• Malted grains
• Hops
• Yeasts
• Enzymes
Non-alcoholic Beer Market, By Technology
• Restricted fermentation
• Dealcoholization
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