Global Low-Alcohol Beer Market: Snapshot
The expansion of global beer market is estimated to drive prominent growth opportunities in the low-alcohol beer market during the forecast period of 2021 to 2031. Moreover, a surge in the adoption of GSE pooling is projected to boost the market expansion in the years ahead. Alcohol-free beer refers to a non-alcoholic beer that comprises up to 0% alcohol content. For the manufacturing of this product, dealcoholization procedure is employed.
An upcoming study by Transparency Market Research (TMR) provides complete assessment of major factors influencing the low-alcohol beer market growth on global as well as regional level. Thus, this report delivers assessment of growth drivers, present and historical trends, restraints, challenges, and R&D activities in the market. In addition, this document gives dependable statistics on production, sales, shares, volume, and revenues of the market for low-alcohol beer.
The research analysts have performed segmentation of the low-alcohol beer market on the basis of several parameters including distribution channel and region. In terms of distribution channel, the market is classified into two parts, namely, on trade and off trade.
Expanding operations in future? To get the perfect launch ask for a custom report
Key Drivers of Low-Alcohol Beer Market Growth
Over the period of past few years, there is a surge in the adoption of healthy lifestyle among major population from across the globe. As a result, there increase in inclination toward the consumption of low-alcohol beer. Moreover, rise in awareness regarding advantages of alcohol-free beverages across several developing nations such as Japan, China, and India is boosting the product demand. These factors are translating into increased sales prospects in the low-alcohol beer market.
Non-alcoholic beer is gathering impetus because of the absence of alcohol by volume (ABV) in this beverage. Moreover, several companies in the global non-alcoholic beer market are increasing efforts to attract newer customer base. As a result, they are seen engaged in R&D activities, which are focused on development of products with palatable taste and innovative flavors. These factors are resulting into increased product demand from youth, adult, and female populace from across the globe.
Competition Landscape of Low-Alcohol Beer Market
The nature of the global low-alcohol beer market is moderately fragmented. With existence of considerable number of companies, the competition levels of the market for low-alcohol beer seem to be highly intense. This scenario is encouraging market players to incorporate diverse strategic moves in order to maintain their prominent position. New product developments, product portfolio expansions, partnerships, collaborations, and mergers and acquisitions are some of the prime strategies utilized by leading enterprises.
The list of key players in the global low-alcohol beer market includes:
- Asahi Group Holdings Ltd.
- Anheuser Busch InBev SA/NV
- Constellation Brands Inc.
- Carlsberg Breweries AS
- Kirin Holdings Co. Ltd.
- Heineken NV
- Royal Unibrew AS
- Molson Coors Beverage Co.
- The Boston Beer Co. Inc.
- Sapporo HoldingsÂ Ltd.
Request a sample to get extensive insights into the Low-Alcohol Beer Market
Regional Outlook of Low-Alcohol Beer Market
Based on region, the global low-alcohol beer market is segmented into several geographical regions such as APAC, Europe, South America, MEA, and North America. Among all, APAC seems to be one of the lucrative regions for players in the market for low-alcohol beer.
The APAC low-alcohol beer market is estimated to expand on the back of many factors including improved spending power of regional population, surge in launch of premium and international brands, and growth in awareness about availability of varied low-alcohol beers types in the region.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.