The non-alcoholic beer report describes and explains the non-alcoholic beer market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global non-alcoholic beer market reached a value of nearly $21.94 billion in 2024, having grown at a compound annual growth rate (CAGR) of 8.52% since 2019. The market is expected to grow from $21.94 billion in 2024 to $35.34 billion in 2029 at a rate of 10.01%. The market is then expected to grow at a CAGR of 10.40% from 2029 and reach $57.97 billion in 2034.

What strategies are being adopted by key players in the non-alcoholic beer market?

The key players in the market are adopting extensive strategies in the non-alcoholic beer market such as:

• Increasing investment to expand its non-alcoholic and low-alcoholic beer portfolio.
• Product launches to tap into new markets for its alcohol-free beer.
• Merger and acquisition activity to expand its global footprint and diversify its product offerings.
• Expanding its footprint in the non-alcoholic beer market by increasing investment in this growing segment.

To take advantage of opportunities, The Business Research Company suggests that non-alcoholic beer companies enhance offerings:

• Developing innovative products for healthier and low-alcohol beverages.
• Innovating with unique products like non-alcoholic beer for dogs.
• Upgrading technology to meet demand for alcohol-free alternatives.
• Investing in products with unique aroma compounds to enhance flavor.
• Creating products to meet rising demand for low-alcohol options.
• Developing caffeine-infused non-alcoholic radlers for changing preferences.
• Creating flavorful non-alcoholic beers to meet regulatory requirements.

What Is Non-Alcoholic Beer: Market Overview?

Non-alcoholic beer refers to a type of beer that contains little to no alcohol, typically with an alcohol by volume (ABV) of 0.5% or lower. This product is designed to offer the taste and experience of traditional beer while catering to individuals who avoid alcohol for health, religious, or personal reasons.

The production of non-alcoholic beer involves brewing processes similar to those of regular beer, including malting, mashing, fermentation and filtration. However, specialized techniques, such as controlled fermentation, reverse osmosis, or vacuum distillation, are used to reduce or eliminate the alcohol content while retaining the flavor and aroma of traditional beer. Malted grains, hops, yeasts, enzymes and other ingredients are critical materials in its production, ensuring the product achieves desired taste profiles and quality standards.

Who Are The Major Companies Operating In The Global Non-Alcoholic Beer Market?

The top ten competitors in the market made up to 9.37% of the total market in 2023. Anheuser-Busch InBev was the largest competitor with a 1.85% share of the market, followed by:

• Carlsberg Group
• Kirin Holdings Company Limited
• Heineken N.V.
• The Boston Beer Company
• Diageo plc
• Asahi Group Holdings Ltd.
• Molson Coors Beverage Company
• Krombacher Brauerei Bernhard Schadeberg GmbH & Co. KG
• Vinut

Get The Complete Scope Of The Report at: 

https://www.thebusinessresearchcompany.com/report/nonalcoholic-beer-global-market-report

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SOURCE: OpenPR / The Business Research Company (Press Release)
PHOTO CREDIT: The Business Research Company