Health Conscious Drinkers Contribute to Non-Alcoholic Beer Market Growth

The Business Research Company released its data on its Non-Alcoholic Beer Global Market Report 2021: COVID-19 Growth and Change, which found that non-alcoholic beer manufacturers have stumbled upon this relatively new sector of the market of health consciousness among consumers, which has grown exponentially since the start of the pandemic. With the increase in demand in the no or low alcohol beer market, companies are launching new products to increase their share in the market.

The global non-alcoholic beer market sat at $15.09 billion in 2020 and is expected to increase to $16.65 billion in 2021 at a compound annual growth rate (CAGR) of 10.3 percent. By 2025, the non-alcoholic beer market is expected to reach $23.27 billion at a CAGR of 8.7 percent.The growth comes from companies finally getting to resume their production, pivoting to fit the new normal and recovering from the hit that COVID-19 caused the industry. 

Non-Alcoholic Beer Global Market Report 2021 COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides non-alcoholic beer market overview, forecast non-alcoholic beer market size and growth for the whole market, non-alcoholic beer market segments, and geographies, non-alcoholic beer market trends, non-alcoholic beer market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

The full report can be read at: https://www.thebusinessresearchcompany.com/report/non-alcoholic-beer-global-market-report 

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