Low-Alcohol Beverages Market by Distribution Channel, Product and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 166
  • SKU: IRTNTR70646

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Low-Alcohol Beverages market growth will increase by $6204.25 million L during 2023-2027.
The low-alcohol beverages market is expected to grow at a CAGR of 4.1% during 2023-2027.
Technavio has segmented the low-alcohol beverages market by distribution channel (Off-trade, On-trade, low-alcohol RTD, low-alcohol cider, and low-alcohol spirits) ,product (Low alcohol beer, Low alcohol wine, Low alcohol RTD, Low alcohol cider, and Low alcohol spirits) , and geography (Europe, North America, APAC, South America, and Middle East and Africa).
Accolade Wines Australia Ltd., Allagash Brewing Co., Anheuser Busch InBev SA NV, Asahi Group Holdings Ltd., Bacardi Ltd., Beam Suntory Inc., Bells Brewery Inc., Carlsberg Breweries AS, CODYs Drinks International GmbH, Constellation Brands Inc., Curious Elixirs, Diageo Plc, Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Olvi Plc, Royal Unibrew AS, Sapporo USA Inc., The Boston Beer Co. Inc. are a few of the key vendors in the low-alcohol beverages market.
Europe will register the highest growth rate of 37.13% among the other regions. Therefore, the low-alcohol beverages market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the low-alcohol beverages market growth are:
  • Increasing health consciousness among consumers
  • Increase in demand for gluten-free and low-calorie beer
The low-alcohol beverages market vendors should focus on grabbing business opportunities from the Off-trade segment as it accounted for the largest market share in the base year.
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