About Root Beer Drink
Root beer is a sweet soft drink typically created in North America using the root bark of the sassafras tree. Root beer is often but not always non-alcoholic, sweet, carbonated, and caffeine-free. Root beer is a sparkling non-alcoholic drink flavored with the roots of various plants and herbs. It is popular in the United States. Root beer is made with sugar, yeast, water, and spices. The big difference is that root beer isn't usually allowed to ferment, so it's usually kid-friendly, though it can be made with similar to craft beer or brewed without alcohol for a sweet, refreshing treat. It is a carbonated beverage flavored with syrup made from the extracted juices of roots, barks, and herbs that have been fermented with sugar and yeast
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Root Beer Drink market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Barq’s (United States), A&W (United States), IBC (Missouri), Dad's Root Beer (United States), Hires (United States), Stewart's (United States), Virgil's (United Kingdom), Frostie (United States), Mug (United States) and Sprecher (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Summit (United States), Zevia (United States) and Abita (United States).
Segmentation Overview
AMA Research has segmented the market of Global Root Beer Drink market by Type (Conventional and Diet) and Region.
On the basis of geography, the market of Root Beer Drink has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Nature, the sub-segment i.e. Alcoholic will boost the Root Beer Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavour , the sub-segment i.e. Vanilla will boost the Root Beer Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Specialty Liquor store will boost the Root Beer Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Male will boost the Root Beer Drink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021 Zevia Launches New Creamy Root Beer Flavor. Zevia Creamy Root Beer is the perfect summer drink because it has no sugar, no calories, and is full of flavors and fun. This healthier beverage is sweetened naturally with stevia and made with plant-based ingredients. Creamy Root Beer has a velvety smooth texture and a rich, creamy flavors. In a frosted mug, combine Creamy Root Beer and a scoop of your favorite vanilla ice cream for an extra tasty treat. Creamy Root Beer is ideal for summer evenings in the city, weekend road trips with the family, and more.
Labeling and Advertising Approval. and The TTB implements and enforces a broad range of statutory and compliance provisions to ensure that alcohol products are created, labeled, and advertised in accordance with Federal laws and regulations. Brewers must follow the labeling and advertising requirements found at 27 CFR Part 7, Labeling and Advertising of Malt Beverages and 27 CFR Part 16, Alcoholic Beverage Health Warning Statement.
Market Drivers
- Increasing Demand for Low-Alcoholic Beverages.
- Growing Foodservice Market Globally
- Root beers are available in various flavors.
Opportunities
- Increasing Consumer Interest in Sweeter Taste Beers
- Rising Popularity of Root Beer Among Millennials and Women
- Root Beer Flavors to Attract Large Consumer
Challenges
- Running effective campaigns
- Growing numbers of Stock Keeping Unit
Key Target Audience
Root Beer Manufacturer, Vendor Supplier, Government Bodies, Corporate Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.