Non-Alcoholic Beer Market Demand and Forecast to 2032

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Non-Alcoholic Beer Market to at over 5.5 CAGR
from 2023 to 2032 Global Market Insights, Inc.
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Overview of Non-Alcoholic Beer Market

• Non-Alcoholic Beer Market share is anticipated to
  surge exponentially through 2032 propelled by new
  product developments and consumer-focused
  marketing strategies by beverage companies. In
  2020, Budweiser unveiled its 1st non-alcohol
  beer, Budweiser Zero. As reports suggest, the
  50-calorie beverage offers the same refreshing,
  full-flavored taste as its alcoholic beverages
  with zero-percent ABV.
• The industry growth is likely to be challenged by
  higher production costs and retail prices,
  leaving companies with stagnant non-alcoholic
  beer sales.
• Overall, non-alcoholic beer market is bifurcated
  in terms of product, material, technology, sales
  channel, and regional landscape.
• Based on the product, the low alcohol beer
  segment is slated to amass notable gains over
  2023-2032. The growth can be attributed to the
  rapid demand for high-quality low alcohol beers
  and changing consumer perceptions on nutrition.
  Moreover, favorable government regulations to
  promote sustainable drinking measures and
  initiatives to reduce drunk driving cases would
  further boost the market outlook.

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• Considering the material, the enzymes segment is
  slated to depict more than 5 CAGR during
  2023-2032. The growing consumption of mild beer
  is complementing the improved demand for enzymes
  given its use in low carbohydrate beer. An
  upsurge in material demand in the industry can
  also be credited to the fundamental merits of
  increased juice extraction from raw materials to
  obtain a high-quality product.
• The revenue share of restricted fermentation
  technology segment, across the non-alcoholic beer
  market, is projected to expand appreciably owing
  to its elevating use by brewers for removing
  alcoholic contents. The technology demand is
  further driven by its better retention of aroma
  compounds particularly heat-sensitive content at
  low-temperature processing.
• Rising non-alcoholic beer sales across
  convenience stores would present lucrative
  opportunities for market players through 2032.
  The segment is predicted to account for more than
  5 billion gains by 2032. Expanding urbanization
  and increasing infrastructure developments are
  accelerating the proliferation of convenience
  stores in urban and semi-urban areas, thus
  positively influencing the market curve.

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• Regionally, the Middle East and Africa
  non-alcoholic beer market would grow
  significantly over the foreseeable time. The
  growth is attributable to the increasing
  consumption of non-alcoholic beverages by youth,
  propelled by surging awareness of such products.
  Central governments are as well taking up efforts
  to enhance awareness about the consequences of
  consuming alcoholic drinks owing to cultural
  reasons. Novel product launches by leading market
  players in the region is as well augmenting the
  regional market share.
• Notable participants in the Non-Alcoholic Beer
  market include Bravus Brewing Company, Bernard
  Brewery, Anheuser-Busch InBev, Carlsberg,
  Erdinger Weibbrau, Coors Brewing Company,
  Halewood Wines Spirits, Kirin, Moscow Brewery
  Company, Partake Brewing, Radeberger Gruppe, Hill
  Street Beverage Company, Inc., and Wellbeing
  Brewing Co.

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