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Global Low & No Alcohol Beverages Market

Low & No Alcohol Beverages Market Size, Share & Trends Analysis Report By Products Type (Beer, Still and Sparkling Wine, Mixed Drinks, Spirits (liqueurs), Spirits (non-liqueurs), others), By Distribution Channel, By Region, And By Segment Forecasts, 2023-2031.

Report ID : 1100 | Published : 2024-04-01 | Pages: 180 | Format: PDF/EXCEL

The Low & No Alcohol Beverages Market Size is valued at 23.41 Billion in 2022 and is predicted to reach 39.37 Billion by the year 2031 at a 6.09 % CAGR during the forecast period for 2023-2031.

Low & No Alcohol Beverages Market

Beverages comprising little or no amount of alcohol are defined as low & no alcoholic beverages. Over the last few years, The Low and no alcoholic beverage industry witnessed rapid growth. With the increased market focus on health and wellbeing, it is projected that the non-alcoholic beverage market will be a source of growth and development in the coming years. Moreover, Low & no alcohol beverages along with a balanced diet and exercise may help in maintaining a healthy weight. The market and product range are diversifying into beers, lagers, stouts, Still and Sparkling Wine, and even some mixed spirits.

The growth of Low & No Alcohol Beverages the market can be attributed to a shift in consumption patterns towards healthier drink alternatives. The industry is also expected to exhibit remarkable growth over the forecast period owing to Increasing concerns regarding obesity and health awareness. Moreover, the introduction of functional drinks, favorable government policies along with the growing number of innovations across the beverage sector are expected to create growth opportunities for low & no alcohol beverages manufacturers. On-going R&D activities for developing a product based on customer's dynamic needs is further anticipated to show significant market growth during the forecast period.

Market Segmentation

The global Low & No Alcohol Beverages market is categorized on the basis of product, end-user, and region. On the basis of product type, the market is segmented into Beer, Still and Sparkling Wine, Mixed Drinks, Spirits (liqueurs), Spirits (non-liqueurs), and others. On the basis of End-use, the market is segmented into Liquor Stores, Convenience Stores, Supermarkets, Online Stores, Restaurants & Bar, and others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, Europe held the largest share of the market, followed by America and the Asia Pacific. On the other hand, Asia-Pacific is expected to dominate the market during the analysis of the forecast period.

Competitive Landscape

Some Major Key Players In The Low & No Alcohol Beverages Market:

  • Anheuser-Busch In Bev,
  • Asahi Breweries, Ltd.,
  • Athletic Brewing Company,
  • Beam Suntory, Inc.,
  • Big Drop Brewing Co. Ltd.,
  • Carlton & United Breweries,
  • Hansen Holding A/S,
  • Curious Elixirs,
  • Floreat Wines,
  • Gnista Spirits,
  • Kirin Holdings Company, Limited.
  • Lagunitas Brewing Company,
  • Lowlander Beer Co.,
  • Hoplark HopTea,
  • Mocktail Beverages, Inc.,
  • Other Prominent Players.

Low & No Alcohol Beverages Market Report Scope

Report Attribute

Specifications

Market Size Value In 2022

USD 23.41 Billion

Revenue Forecast In 2031

USD 30.37 Billion

Growth Rate CAGR

CAGR of 6.09 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Billion and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Products Type, By Distribution Channel

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Anheuser-Busch In Bev, Asahi Breweries, Ltd., Athletic Brewing Company, Beam Suntory, Inc., Big Drop Brewing Co. Ltd., Carlton & United Breweries, Chr. Hansen Holding A/S, Curious Elixirs, Floreat Wines, Gnista Spirits, Kirin Holdings Company, Limited. Lagunitas Brewing Company, Lowlander Beer Co., Hoplark HopTea, Mocktail Beverages, Inc., and Other Prominent Players.

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing And Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

 

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Low & No Alcohol Beverages Market Snapshot

Chapter 4. Global Low & No Alcohol Beverages Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Market Dynamics - Drivers

4.3. Challenges/Restraints

4.4. Market Trends

4.5. Industry Analysis – Porter’s Five Forces Analysis

4.6. Market Share Analysis by Manufacturer

4.7. COVID 19 Impact on Beverages Industry

Chapter 5. Market Segmentation 1: Product Estimates & Trend Analysis

5.1. Product & Market Share, 2019 & 2028

5.2. Market Size (Value)& Forecasts and Trend Analyses, 2019 to 2028 for the following Product:

5.2.1. Beer

5.2.1.1. No-alcohol: 0.0 – 0.5% ABV.

5.2.1.2. Low-alcohol: >0.5–3.5% ABV

5.2.2.  Still and Sparkling Wine

5.2.2.1. No-alcohol: 0.0 – 0.5% ABV

5.2.2.2. Low-alcohol: >0.5–7.5% ABV

5.2.3. Mixed Drinks

5.2.3.1. No-alcohol: 0.0 – 0.5% ABV

5.2.3.2. Low-alcohol: >0.5 – 3% ABV

5.2.4. Spirits (liqueurs)

5.2.4.1. No-alcohol: 0.0 – 0.5% ABV

5.2.4.2. Low-alcohol: >0.5 – 10% ABV

5.2.5. Spirits (non-liqueurs)

5.2.5.1. No-alcohol: 0.0 – 0.5% ABV

5.2.5.2. Low:0.5-37.5% ABV

Chapter 6. Global Low & No Alcohol Beverages Market Segmentation 2: Distribution Channel Estimates & Trend Analysis

6.1. Distribution Channel Analysis & Market Share, 2019 & 2028

6.2. Market Size (Value) & Forecasts and Trend Analyses, 2019 to 2028 for the following Distribution Channel:

6.2.1. Liquor Stores

6.2.2. Convenience Stores

6.2.3. Supermarkets

6.2.4. Online Stores

6.2.5. Restaurants & Bar

6.2.6. Others

Chapter 7. Global Low & No Alcohol Beverages Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2019-2028

7.1.2. North America Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2019-2028

7.1.3. North America Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by country, 2019-2028

7.1.3.1. U.S.

7.1.3.2. Canada

7.2. Europe

7.2.1. Europe Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2019-2028

7.2.2. Europe Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2019-2028

7.2.3. Europe Global Low & No Alcohol Beverages Market revenue (US$ Million) by country, 2019-2028

7.2.3.1. Germany

7.2.3.2. Poland

7.2.3.3. France

7.2.3.4. Italy

7.2.3.5. Spain

7.2.3.6. UK

7.2.3.7. Rest of Europe

7.3. Asia Pacific

7.3.1. Asia Pacific Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2019-2028

7.3.2. Asia Pacific Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2019-2028

7.3.3. Asia Pacific Global Low & No Alcohol Beverages Market revenue (US$ Million) by country, 2019-2028

7.3.3.1. China

7.3.3.2. India

7.3.3.3. Japan

7.3.3.4. Australia

7.3.3.5. Rest of Asia Pacific

7.4. Latin America

7.4.1. Latin America Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2019-2028

7.4.2. Latin America Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2019-2028

7.4.3. Latin America Global Low & No Alcohol Beverages Market revenue (US$ Million) by country, (US$ Million) 2019-2028

7.4.3.1. Brazil

7.4.3.2. Rest of Latin America

7.5. MEA

7.5.1. MEA Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2019-2028

7.5.2. MEA Global Low & No Alcohol Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2019-2028

7.5.3. MEA revenue Global Low & No Alcohol Beverages Market revenue (US$ Million) by country, (US$ Million) 2019-2028

7.5.3.1. South Africa

7.5.3.2. Rest of MEA

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances in Cosmetics Industry

8.2. Company Profiles

8.2.1. Anheuser-Busch InBev

8.2.2. Asahi Breweries, Ltd.

8.2.3. Athletic Brewing Company

8.2.4. Beam Suntory, Inc.

8.2.5. Big Drop Brewing Co. Ltd.

8.2.6. Carlton & United Breweries

8.2.7. Chr. Hansen Holding A/S

8.2.8. Curious Elixirs

8.2.9. Floreat Wines

8.2.10. Gnista Spirits

8.2.11. Kirin Holdings Company, Limited.

8.2.12. Lagunitas Brewing Company

8.2.13. Lowlander Beer Co.

8.2.14. Hoplark HopTea

8.2.15. Mocktail Beverages, Inc

8.2.16. Molson Coors Beverage Company

8.2.17. Noki & Co.

8.2.18. Pernod Ricard

8.2.19. Pierre Chavin

8.2.20. Seedlip Limited

8.2.21. Small Beer Brew Co. Ltd

8.2.22. Spy Valley Wines

8.2.23. St. Peter's Brewery

8.2.24. Stryyk

8.2.25. Portobello Road Gin

8.2.26. Partake Brewing

8.2.27. The Drivers drinks company

8.2.28. Three Spirit Drinks Ltd

8.2.29.  Xachoh Ltd.

8.2.30. Genius Brewing

8.2.31. Beavertown Brewery

8.2.32. Caleño Drinks

8.2.33. Sence Hard Seltzer

8.2.34. Hella Cocktail Co.

8.2.35. Whyte & Mackay

8.2.36. Lyre's Spirit Co

8.2.37. ISH SPIRITS

8.2.38. Spirit of Bermondsey

8.2.39. Kererū Brewing Company Limited

8.2.40. Nirvana Brewery

8.2.41. Wine Water LTD.

8.2.42. ERDINGER Weißbräu

8.3. List of Other Prominent Players

Global Low & No Alcohol Beverages Market Segmentation

By Product Type

  • Beer
    • No-alcohol: 0.0 – 0.5% ABV
    • Low-alcohol: >0.5–3.5% ABV
  • Still and Sparkling Wine
    • No-alcohol: 0.0 – 0.5% ABV
    • Low-alcohol: >0.5–7.5% ABV
  • Mixed Drinks
    • No-alcohol: 0.0 – 0.5% ABV
    • Low-alcohol: >0.5 – 3% ABV
  • Spirits (liqueurs)
    • No-alcohol: 0.0 – 0.5% ABV
    • Low-alcohol: >0.5 – 10% ABV
  • Spirits (non-liqueurs):
    • No-alcohol: 0.0 – 0.5% ABV
    • Low:0.5-37.5% ABV
  • Others

 Low & No Alcohol Beverages Market

By Distribution channel

  • Liquor Stores
  • Convenience Stores
  • Supermarkets
  • Online Stores
  • Restaurants & Bar
  • others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Low & No Alcohol Beverages Market Size?

The Low & No Alcohol Beverages Market is expected to grow at a 6.09 % CAGR during the forecast period for 2023-2031.

Anheuser-Busch In Bev, Asahi Breweries, Ltd., Athletic Brewing Company, Beam Suntory, Inc., Big Drop Brewing Co. Ltd., Carlton & United Breweries, Chr

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