Low Alcohol Beer Market Scope
The global Low Alcohol Beer market is expected to witness high demand in the forecasted period due to changing consumption patterns towards healthier alternatives across the market. Low alcohol beers usually contain an alcohol volume of a lesser amount than 2.5% ABV. It is manufactured by a controlled brewing process that results in the low alcohol content of the alcohol is removed using a reverse osmosis process that goes through a permeable membrane. The low alcohol beers have various flavors such as light aroma.
Anheuser-Busch InBev SA/NV (Belgium), Athletic Brewing Company (United States), Marston's Plc (Ringwood Brewery) (United Kingdom), Bitburger Braugruppe GmbH (Germany), Noble Green Wines (Kernel Table Beer) (United Kingdom), Radeberger Gruppe KG (Germany), White Labs Inc. (United States), Bravus Brewing Company (United States), Black Isle Brewing Co. (United Kingdom) and The Molson Coors Beverage Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Low Alcohol Beer market by Type (2% - 2.9% ABV Low Alcohol Beer and Under 2% ABV Low Alcohol Beer), by Application (Restaurants, Bars, Cafes and Others) and Region with country level break-up.
On the basis of geography, the market of Low Alcohol Beer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rapid Growth in Can Packed Low Alcohol Beer, The popularity of Low Alcohol Beer among Teenagers and Advancements in Low Alcohol Brewing Methods
Market Growth Drivers:
Demand for Light Drinking Beverages Due to its Low Calories Content, Growing Health Conscious Population and Increasing Disposable Income
Challenges:
Stiff Competition in Low Alcohol Beer Market
Restraints:
Taste Related Issues with Low Alcohol Beer and High-Cost Availability of Low Alcohol Beer
Opportunities:
Stringent Regulatory Standards on Alcoholic Beer will Boost the Low Alcohol Beer Market and Surging Demand for Low Alcohol Beer from Developing Countries
Market Leaders and their Expansionary Development Strategies
On 17th January 2020, AB InBev introduces 4 new low-alcohol craft beers.AB InBev added four no- and low-alcohol craft beers to its portfolio this month, according to Adweek. The new products, which will all debut nationwide by spring, are coming from craft brewers the beer giant owns and are designed to respond to growing consumer demand in the sector.
On 23rd June 2018, One month after opening its taproom, Athletic Brewing Company is proud to announce that it has partnered with Star Distributors to launch its two flagship non-alcoholic offerings, Upside Dawn Golden Ale and Run Wild IPA, state-wide in Connecticut.
According to the Government of Canada "0.4% alcohol beer" is an acceptable common name for a beer that meets the Food and Drug Regulations' standard for beer but contains 0.4% alcohol. The Regulations establishes common names for a beer that contains 1.1% alcohol or more (extra light beer to extra strong beer). Since there are no requirements for the common name of beers that contain less than 1.1% alcohol, this common name is considered to reflect the nature of the product."
Key Target Audience
Low Alcohol Beer Manufacturers, Low Alcohol Beer International Traders, Low Alcohol Beer Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.