Global Non-Alcoholic Beer market will reach 4464 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/23

The market will witness significant growth due to the growing adoption of less alcoholic beverages or zero alcohol beverages. Factors such as increasing urbanization, rising per capita income, and growing pub culture are expected to propel the growth of the market in the near future. The inclination of customers towards the non-alcoholic beer due to health reasons is also fueling the market growth.

Besides, stringent government regulations against alcohol consumption and driving is also expected to propel market growth. Improving awareness about anxiety and better sleeping patterns has coaxed consumers to opt for non-alcoholic beverages, which has created a positive impact on the market. Moreover, the rising availability of non-alcoholic beer across various restaurants and bars are creating lucrative growth opportunities for the global non-alcoholic beer market in the coming years.

However, strong presence of alternatives in the form of carbonated and natural-based beverages is projected to act as a limitation to the growth of the market.

The report states that the global non-alcoholic beer market was valued at US$3504 mn in 2018 and is likely to be worth US$4464 mn by 2025. The market will register a CAGR of 3.52% between 2019 and 2025.

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