The global non-alcoholic beer market size was US$ 17.1 billion in 2021. The global non-alcoholic beer market is forecast to grow to US$ 31.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2022 to 2030.
Factors Influencing the Market
Non-alcoholic drinks are considered healthier than alcoholic drinks. In addition, a person does not lose consciousness after consuming non-alcoholic drinks such as beer. As a result, it is driving the growth of the overall non-alcoholic beer market.
Non-alcoholic beer also reduces the anxiety and stress of the consumers and prevents them from cardiovascular diseases. It is also mixed with sports nutrition for extra energy. As a result, it will drive the growth of the non-alcoholic beer market.
The growing number of bars, pubs, and restaurants offering non-alcoholic drinks will fuel the growth of the market. Moreover, stringent regulations imposed by government bodies to ban alcoholic beer will surge the demand for efficient alternatives. As a result, it will benefit the non-alcoholic beer market.
The potential scope of non-alcoholic beers has forced product offers to develop more efficient flavours. As a result, the rising trend of fruit-infused non-alcoholic beer will benefit the market.
The growing tours and travel sector will also escalate the growth of the non-alcoholic beer market.
COVID-19 Impact Analysis
The global non-alcoholic beer market witnessed various challenges due to the wake of the pandemic. The pandemic primarily shut the doors of bars, hotels, and other places. As a result, it limited the demand for non-alcoholic beer. In addition to that, new launches were also postponed due to the wake of the pandemic. The non-alcoholic beer market also witnessed drastic changes in consumer preferences, which limited the growth of the global non-alcoholic beer market. Parties and other social gatherings were also restricted due to the onset of the COVID-19 pandemic. Therefore, it impeded the growth of the global non-alcoholic beer market.
Regional Analysis
Based on the region, the Asia-Pacific non-alcoholic beer market during the forecast period. It is owing to the large population base of the region. Furthermore, the demand for non-alcoholic beer is constantly increasing due to the growing number of bars and cafes in the region. In addition to that, the growing tours and travels industry will also benefit the Asia-Pacific non-alcoholic beer market during the study period. Increasing purchasing power and growing interest of youngsters in parties and social gatherings will escalate the growth of the non-alcoholic beer market during the study period.
Competitors in the Market
Market Segmentation
The global non-alcoholic beer market segmentation focuses on Type, Category, Distribution Channel, Material, Age Group, and Region.
By Type Outlook
By Category Outlook
By Distribution Channel Outlook
By Material Outlook
By Age Group Outlook
By Regional Outlook