Low-alcohol Beverages Market
Low-alcohol Beverages Market Analysis, By Type (Beer, Wine, RTD, Cider, Spirits), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Retail), By Region – Global Market Insights 2023 to 2033
Analysis of Low-alcohol Beverages Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Low-alcohol Beverages Market Outlook (2023 to 2033)
The global low-alcohol beverages market is set to be valued at US$ 800 million in 2023. Further, worldwide sales of beverages with low alcohol content are estimated to reach a value of US$ 1.2 billion by 2033-end, increasing at a CAGR of 4.5% through 2033.
Rising consumption of alcoholic drinks in the past few years has resulted in numerous health issues. As such, more manufacturers are now producing low-alcoholic beverages. In addition, growing public awareness about the availability of low-alcoholic or non-alcoholic drinks is also driving growth opportunities in the global market.
Market players are concentrating on advanced development techniques, such as packaging styles, to attract more consumers. Furthermore, the development and growth of food-based e-Commerce platforms are also contributing to increased product sales in the market.
Rising population of health-conscious people in developed nations around the world is propelling demand for low-alcohol drinks. Further, the trend to reduce the alcohol content in different beverages along with the reduction of hard liquor in celebrations and social gatherings is predicted to accelerate product demand.
Industry players are focusing on manufacturing a wide variety of alcoholic drinks that come with low-alcohol content that also provides an enhanced feel and taste. In addition, manufacturers are also catering to the inclination of people toward healthy drinks. They are providing healthy drinks while meeting the demands of the public according to moods and occasions.
At present, more youngsters are inclined to consume mocktails. The invasion of no- or low-alcoholic beverages among various age groups is predicted to contribute to their sales. Amidst the COVID pandemic, people started consuming low-alcohol beverages at an increased rate due to rising awareness about the adverse effects of alcohol on health.
- As per the Report on Bacardi Cocktail Trends that was prepared in partnership with The Future Laboratory in January 2022, around 58% of customers around the world are making a shift towards non-alcoholic and low-alcoholic beverages and cocktails.
Since more people are accepting low-alcohol and no-alcohol categories of beverages, manufacturers are innovating according to market demands and taking efforts to enhance their product portfolios. Big brands are jumping into the global market with mass offerings, including flavored mocktails, craft, low-carb drinks, and bottled water options.
| Report Attributes | Details |
|---|---|
| Market Size (2023) | US$ 800 Million |
| Estimated Market Value (2033) | US$ 1250 Million |
| Projected Growth Rate of Market (2023 to 2033) | 4.5% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 2% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 1.9% |
| Key Companies Profiled | A. Le Coq; New Belgium Brewing Company; Bacardi Ltd.; Constellation Brands, Inc.; Jack’s Hard Cider; Red Truck Beer Company; Vitis Industries; Sierra Nevada Brewing Co. |
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Why is the Consumption of Low-alcohol Beverages Increasing across the World?
“Growing Awareness about Adverse Effects of Hard Alcohol”
People, in recent years, are gaining awareness about the adverse effects of alcoholic beverages on their health. High blood pressure, cardiovascular ailments, etc. have nudged people to opt for non-alcoholic beverages that are further predicted to contribute to market growth.
The majority of people are attracted to innovative packaging styles. Furthermore, companies from the low-alcohol beverages industry are constantly taking efforts to implement innovative packaging styles. They are also adopting effective marketing strategies for the promotion of their products.
The emergence of numerous e-Commerce platforms that are based on food is likely to serve as one of the key factors contributing to product sales. Furthermore, increasing demand for lighter and low carbohydrate-content beverages is predicted to pose lucrative opportunities in the global market.
“Increasing Investments by Manufacturers for Improvement of Low-alcohol Beverages”
Manufacturers of low-alcohol beverages are investing a handsome amount to improve their quality, taste, and variety which is further estimated to push market growth. There are a lot of product innovations from these manufacturers including fruit-flavored low-alcoholic beverages and low-calorie low-alcohol beverages that are gaining traction in the market.
For instance :
- Molson Coors in September 2019 launched Coors Edge which is a 0.5% ABV beer. It was launched in the U.S. for the expansion of the company’s non-alcoholic beverages portfolio across the country.
Rising interest of people in wellness and health in recent years is also predicted to drive sales of zero & low-alcohol beverages.
Which are the Challenges Faced by Low-alcohol Beverage Manufacturers?
“Limited Availability of Non-alcoholic Beverages in Many Regions”
The availability of alcoholic beverages is comparatively higher than non-alcoholic beverages. This limited product availability is predicted to serve as one of the noticeable factors restraining market growth.
Companies from the market are trying to launch various new products that might ensure the availability of these low-alcohol beverages in the forecasted period.
“Certain Lack of Awareness about Low-alcohol Beverages”
People from developing and under-developed countries are not much aware of low-alcohol beverages. Moreover, there are variations in the definition of low-alcohol beverages in different countries. These factors are expected to limit the adoption and consumption of these low and no-alcohol beverages.
However, the rising count of awareness campaigns about low-calorie low-alcohol beverages is likely to contribute to increased demand in the forecasted period.
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What Opportunities Can New Players Explore in the Low-alcohol Beverages Market?
“Adoption of Product Innovation Strategy to Stimulate Sales of Low-alcohol Beverages”
The industry of low-alcohol beverages is highly competitive with the presence of many big and small players. Furthermore, product differentiation is a vital factor in the market that is stimulating activities on research and innovation. Changing technology with growing demand for innovative products results in new product development.
Along with quality products, promotional activities are working as crucial factors to improve brand recognition. Market players are investing heavily in promotional activities to create a unique image of brands.
For instance :
- Katy Perry, in January 2022, launched a brand named De Soi, which is an alcohol-free beverage. This initiative was taken in collaboration with Morgan McLachlan. This newly launched product comes in three non-alcoholic flavors - Purple Lune, Champignon Dreams, and Golden Hour.
- The Coca-Cola Company, in January 2022, announced the launch of Fresca, which is a canned cocktail. This launch was in partnership with the U.S. manufacturers of Corona.
Why is the European Market Likely to Grow the Fastest?
“Increasing Shift of Europeans from Alcoholic Beverages to Non-alcoholic Beverages”
The market in Europe is estimated to hold a dominating position in the global market. This dominance is attributed to the shift of the regional population to consume non-alcoholic beverages instead of alcoholic beverages. The shift in the beverages is attributed to the rising healthcare concerns among people in the region. The presence of key players in the European region is also anticipated to boost growth opportunities in the regional market.
The North American low-alcohol beverages market is also likely to hold a noteworthy share in the global industry owing to rising awareness about different health issues due to excessive intake of alcoholic beverages by people. Moreover, increasing demand for various low-alcohol beverages type by the regional population is also projected to drive market growth.
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Country-wise Insights
Which Country Leads the Europe Low-alcohol Beverages Industry?
“Rapid Product Development in Germany to Increase Growth Opportunities”
The European market is likely to grow with rising demand for alternatives to conventional alcoholic beverages. In addition, people are opting for different ways to reduce their alcohol intake which has further propelled the demand for low-alcoholic beverages.
The market in Germany is estimated to expand at a CAGR of 1.9% through 2033 due to a higher number of product developments and the rapid adoption of healthier beverages.
Why is the U.S. Market Leading in North America?
“U.S. - Home to Prominent Low-alcohol Beverage Manufacturers”
North America holds a noticeable share of the global market due to the early adoption of soda products and the presence of developed economies there. The U.S. market is leading in the regional market owing to the presence of various key manufacturers including the Coca-Cola Company and PepsiCo. The rising problem of obesity and taxes on sugar products are likely to drive demand for products that are made with low-calorie sweeteners.
The market in Canada is projected to progress at a sluggish CAGR of 2% through 2033.
Which Factors are Driving Growth Opportunities in Japan?
“Increasing Disposable Income to Increase Expenditure on Non-alcoholic Beverages”
The market in Japan is likely to progress at a CAGR of 1.6% through 2033 owing to the increasing disposable income of people that has increased expenditure on different low-alcohol beverages. Furthermore, the presence of numerous untapped markets is also predicted to push growth opportunities.
Category-wise Insights
Why are Ready-to-Drink Products Gaining Traction in This Space?
“Increased R&D against Sustainability Challenges Driving Sales of Ready-to-Drink Products”
Based on product, the market is divided into beer, wine, RTDs (ready-to-drink), cider, and spirits. Among these, RTDs are likely to grow at a noticeable speed with increased R&D activities by manufacturers against sustainability challenges to broaden market prospects. Furthermore, growing consumer awareness about beverages and the rising inclination of young people toward these drinks is also estimated to contribute to market growth.
Which is the Preferred Distribution Channel for Low-alcohol Beverages?
“Hypermarkets & Supermarkets Thriving Owing to Availability of Various Product Ranges”
Based on distribution channels, the global market is bifurcated into supermarkets & hypermarkets, convenience stores, specialty stores, and online retail. Among these, hypermarkets & supermarkets are estimated to hold the largest share of the global market. This dominance is attributed to the availability of various products and brands under one roof.
There are a lot of supermarkets including Walmart, Aldi, Target, Whole Foods, etc. that are expanding their offerings.
For instance :
- Woolworths in July 2021 expanded alcohol-free spirits, beer, and wine in response to rising demand from people.
Competitive Landscape
Industry players are incorporating different strategies to gain a competitive edge in the market.
For instance :
- In May 2022, Budweiser brewer AB InBev started to take efforts to fulfill its goal to manufacture 20% of its total volume of beer with low alcohol and no alcohol. The company is planning to achieve its goal by 2028-end. In an interview in Davos at the World Economic Forum, the company confirmed that it can reach slightly over 6% of its complete goal.
Through this initiative, the company is supporting the WHO, which is targeting to reduce the consumption of harmful beverages - alcoholic drinks. The excessive consumption of alcoholic beverages is responsible for chronic diseases, car accidents, and congenital disabilities.
Key suppliers of low-alcohol beverages are A. Le Coq, New Belgium Brewing Company, Bacardi Ltd., Constellation Brands, Inc., Jack’s Hard Cider, Red Truck Beer Company, Vitis Industries, and Sierra Nevada Brewing Co.
Segmentation of Low-alcohol Beverages Industry Research
-
By Type :
- Beer
- Wine
- RTD
- Cider
- Spirits
-
By Distribution Channel :
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Beer
- 9.2. Wine
- 9.3. RTD
- 9.4. Cider
- 9.5. Spirits
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 10.1. Supermarkets & Hypermarkets
- 10.2. Convenience Stores
- 10.3. Specialty Stores
- 10.4. Online Retail
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. A. Le Coq
- 21.2. New Belgium Brewing Company
- 21.3. Bacardi Ltd.
- 21.4. Constellation Brands, Inc.
- 21.5. Jack’s Hard Cider
- 21.6. Red Truck Beer Company
- 21.7. Vitis Industries
- 21.8. Sierra Nevada Brewing Co.
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Distribution Channel, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By Distribution Channel, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By Distribution Channel, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By Distribution Channel, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By Distribution Channel, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By Distribution Channel, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By Distribution Channel, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By Distribution Channel, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By Distribution Channel, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By Distribution Channel, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By Distribution Channel, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By Distribution Channel, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By Distribution Channel, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By Distribution Channel, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By Distribution Channel, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By Distribution Channel, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By Distribution Channel, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By Distribution Channel, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By Distribution Channel, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By Distribution Channel, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By Distribution Channel, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By Distribution Channel, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By Distribution Channel, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By Distribution Channel, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By Distribution Channel, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By Distribution Channel, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the low-alcohol beverages industry at present?
The global low-alcohol beverages market is set at US$ 800 million in 2023.
What is the projected CAGR for the German non-alcoholic beverages industry?
The market in Germany is likely to progress at a sluggish CAGR of 1.9% through 2033.
What is the anticipated growth rate for the global market?
The low-alcohol beverages industry is estimated to progress at a CAGR of 4.5% through 2033.
What is the estimated growth rate for the Canadian market?
The market in Canada is expected to expand at a CAGR of 2% through 2033.
What is the projected value for the low-alcohol beverages industry for 2033?
The low-alcohol beverages industry is anticipated to reach a value of US$ 1.2 billion by 2033-end.
Who are the key manufacturers of low-alcohol beverages?
Key suppliers of low-alcohol beverages are A. Le Coq, Bacardi Ltd., Constellation Brands, Inc., Jack’s Hard Cider, Red Truck Beer Company, Vitis Industries, and Sierra Nevada Brewing Co.
Low-alcohol Beverages Market