Non-Alcoholic Wine And Beer Market 2019 Trends, Insights, Growth, Forecast 2025
Category: #business  By Partha Ray  Date: 2019-09-13
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Non-Alcoholic Wine And Beer Market 2019 Trends, Insights, Growth, Forecast 2025

Global Market Insights, Inc. has added a new report on Non-Alcoholic Wine and Beer market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

 Stringent driving norms along with favorable government regulations will fuel the non-alcoholic wine and beer industry expansion. Restrictions over alcohol consumption among sportsman and athletes will support the market growth. Entry of renowned brands to expand their business portfolio along with consumer-focused marketing will foster business landscape. However, high flavor loss and retail prices will hamper the industry growth.

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Grapes will witness a CAGR of over 6.5% by volume in the global non-alcoholic wine and beer industry owing to numerous health benefits such as reduced cholesterol levels and risk of heart diseases. Reduction in stress levels mainly from grape wine owing to presence of antioxidants expand the product demand. Increasing grapes usage in developing new products is expected to provide notable gains. Hops is an essential raw material used in different stages of brewing, mainly providing bitterness, flavor, and aroma to the product. Additionally, hops work as preservatives, extending the life of the product.

Alcohol free accounts for a significant share in the global non-alcoholic wine and beer market. Factors such as liquor ban and increasing product availability are proliferating the product demand particularly in MEA and Asia Pacific. Increasing penetration of religious beliefs among young age Muslim population accompanied by enhanced flavor offerings by manufacturers will drive the non-alcoholic wine and beer industry demand.

Dealcoholization technology mainly reverse osmosis, heat treatment, vacuum distillation together accounted for over 80% of the non-alcoholic wine and beer market share in 2017. fAlcohol content flexibility to produce both alcohol free and low alcohol product along with relative less complexity is primarily driving the technology usage. Reverse osmosis is widely used owing to lower loss of aroma compounds, thus producing a strong and natural flavor.

Browse full Report Details @ https://www.gminsights.com/industry-analysis/non-alcoholic-wine-and-beer-market

Non-alcoholic wine and beer market through restaurants and bars is expected to value over USD 6 billion by 2024. Busy lifestyle and urbanization inculcating the habit of eating out are among the key factors driving the product demand particularly in developing economies. Increased socializing and rising consumer spending will support the market demand through this sales channel.

Europe non-alcoholic wine and beer market accounted for over USD 3.5 billion in 2017 and is expected to grow at a substantial rate owing changing consumption pattern towards healthier alternatives and relatively lower product retail price. Increasing product availability and expanding distribution network in the region will fuel the product demand in the region. Increasing competition in the region owing to entry of globally renowned brands in the non-alcoholic wine and beer segment is augmenting the product adoption in the region. For instance, Heineken launched its non-alcoholic beer 'Heineken 0.0' in 2017 which helped the company to gain a significant market share in the European market.

Global non-alcoholic wine and beer market share is moderately fragmented and mergers, acquisitions, and joint ventures are among the key strategies adopted in the industry to gain competitive advantage and expand their market share. The key industry players are Coors Brewing Company, Heineken N.V., Carlsberg, Erdinger Weibbrau, Anheuser-Busch InBev, S. Martinelli & Company, Suntory Brewery Company, and J. Lohr Vineyards & Wines. Other prominent industry players include Moscow Brewery Company, Arpanoosh, Pierre Chavin, Kirin, Weihenstephan, and Behnoush Iran.

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Non-alcoholic wine and beer market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Liters & revenue in USD Million from 2013 to 2025, for the following segments:

Non-Alcoholic Wine and Beer Market, By Product

  • Wine
  • Beer

Non-Alcoholic Wine and Beer Market, By Material

  • Grapes
  • Berries/ Apples
  • Malted Grains
  • Hops
  • Yeast
  • Enzymes

Non-Alcoholic Beer Market, By Type

  • Alcohol Free [0.0% ABV]
  • Lower Alcohol [0.0% - 1.5% ABV]
  • Lower Alcohol [1.5% - 3.5% ABV]

Non-Alcoholic Wine Market, By Type

  • Alcohol Free [0.0% ABV]
  • Lower Alcohol [0.0% - 8.0% ABV]
  • Lower Alcohol [8.0% - 12.0% ABV]

Non-Alcoholic Wine and Beer Market, By Technology

  • Restricted Fermentation
  • Dealcoholization
    • Reverse Osmosis
    • Heat Treatment
    • Vacuum Distillation

Non-Alcoholic Wine and Beer Market, By Sales Stores

  • Liquor Stores
  • Convenience Stores
  • Supermarkets
  • Online Stores
  • Restaurants & Bar

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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