Market Research Future (Food and Beverages) Non-Alcoholic Beer Market Size, Share, Global Anal | Page 3

Non-Alcoholic Beer Market Information 2 Market Overview Non-Alcoholic Beer refers to low-alcohol content beverage prepared by the fermentation of major ingredients such as malt, hop, water and sometimes yeast (to accelerate the process). The production of non-alcoholic beer is carried out under the controlled process of malting with a set temperature and pH. Removal of alcohol is performed by various techniques such as vacuum distillation, reverse osmosis, or by restricting the ability of the yeast to ferment wort. Every brewery has its own methods and trade secrets on manufacturing non-alcoholic beer. In recent years, due to changing consumption pattern consumers are demanding healthier options from brands which have led to developments in the beer industry to match this trend. Non-alcoholic beers have been gaining popularity all over the world and whilst the majority of these consumers are the health-conscious, beer brands have kept an eye on this trend and are further innovating their business. There has been a noticeable growth from the Middle East which has paved way for new trends in non-alcoholic beer market. Globalization and urbanization has significantly affected the composition of human diet and has encouraged the consumption and use of products with nutritional benefits. Non-alcoholic beer creates a lifestyle image that regular non-alcoholic drinks such as juices cannot mirror. Non-alcoholic beer is being portrayed in a sophisticated manner and does not compromise on the social image. That is why key players in non-alcoholic beer market are achieving maximum profit from bars and restaurants. Key Findings: North America is estimated to retain its dominance throughout the forecast period and to grow at a substantial CAGR of 7.40%. Among the North American country, Mexico is projected to witness a substantial growth of 8.45% during the forecast period of 2017-2023. Middle East countries find a massive opportunity in the non-alcoholic beer market owing to the rising Muslim population in that particular countries. Page | 3 Copyright © 2017 Market Research Future.