The global fruit beer market is expected to increase at a CAGR of roughly 4% from 3.20 (USD Billion) to 5.19 (USD Billion).
The global Fruit Beer market, which accrued revenue worth 3.20 (USD Billion) in 2019 and anticipated to garner earnings about 5.19 (USD Billion) by 2025, is set to grow at a CAGR of nearly 4% during the period from 2019 to 2025. The report offers valuation and analysis of the Fruit Beer market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).
Fruit beer is a non-alcoholic beer manufactured through fermentation of fruits including strawberries, plums, raspberries, and cherries as these fruits possess malt aroma. Moreover, it is a form containing adjunct or flavoring agent. Reportedly, fruit beer was first produced in Belgium and is now available in many other parts across the globe. Surge in the fruit beer intake among the teenage population due to rising per capita income will culminate into humungous growth of fruit beer industry over the assessment timeline.
Report Scope:
Report Attributes | Report Details |
---|---|
Report Name | Fruit Beer Market Research Report |
Market Size in 2019 | 3.20 (USD Billion) |
Market Forecast in 2025 | 5.19 (USD Billion) |
Compound Annual Growth Rate | CAGR of 4% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | All Saints’ Brewery, Unibroue, New Belgium Brewing Company, Lindemans Brewery, Wells & Young’s Ltd., Magic Hat Brewing Company, Brewery Ommegang, Joseph James Brewing Company, Inc., Pyramid Breweries, Inc., Shipyard Brewing Company, Brouwerij Van Honsebrouck N.V., and Abita Brewing Co. |
Segments Covered | By Type,By end-user, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Massive reduction in the alcohol beverage consumption is anticipated to create lucrative growth avenues for fruit beer industry over the forecast period. Apart from this, escalating awareness pertaining to health benefits related to fruit beer intake will increase the product penetration globally in the years ahead. Additionally, surge in the bars & hotels and relaxation in the laws pertaining to fruit beer production will steer the expansion of fruit beer industry over the forthcoming years. Growing trend of producing low alcohol or alcohol free drinks will proliferate fruit beer industry growth in the years to come.
Furthermore, vendors and manufacturers are focusing on developing attractive packaging and this will drive fruit beer market trends. In addition to this, market players are projected to raise the expenditure on the product promotion through social networking sites including Facebook and Instagram for increasing their global presence. Such moves are anticipated to create new growth avenues for fruit beer industry in the years ahead. Thriving retail industry and eCommerce activities along with rise in the online shopping activities due to COVID pandemic outbreak is expected to sketch a favorable roadmap for fruit beer market in the upcoming years.
The growth of Fruit beer in Europe over the forecast timeline is due to massive presence of microbreweries in the countries such as the UK and France. Apart from this, growing popularity of alcohol-free drinks in the continent will create new growth avenues for fruit beer industry in Europe over the ensuing years. Countries such as Italy, Spain, Germany, and Russia are projected to be the major regional revenue drivers in the coming decade.
Key players profiled in the report include are All Saints’ Brewery, Unibroue, New Belgium Brewing Company, Lindemans Brewery, Wells & Young’s Ltd., Magic Hat Brewing Company, Brewery Ommegang, Joseph James Brewing Company, Inc., Pyramid Breweries, Inc., Shipyard Brewing Company, Brouwerij Van Honsebrouck N.V., and Abita Brewing Co.
By flavors:
By distribution channel:
By Region
FrequentlyAsked Questions
Massive reduction in the alcohol beverage consumption is anticipated to create lucrative growth avenues for fruit beer industry over the forecast period. Apart from this, escalating awareness pertaining to health benefits related to fruit beer intake will increase the product penetration globally in the years ahead. Additionally, surge in the bars & hotels and relaxation in the laws pertaining to fruit beer production will steer the expansion of fruit beer industry over the forthcoming years. Growing trend of producing low alcohol or alcohol free drinks will proliferate fruit beer industry growth in the years to come. Furthermore, vendors and manufacturers are focusing on developing attractive packaging and this will drive fruit beer market trends.
According to Zion market research report, the global Fruit Beer market, which accrued revenue worth 3.20 (USD Billion) in 2019 and anticipated to garner earnings about 5.19 (USD Billion) by 2025, is set to grow at a CAGR of nearly 4% during the period from 2019 to 2025.
Europe is likely to make noteworthy contributions towards overall market revenue during 2019-2025. The growth of the market in the region over forecast timespan can be credited to massive presence of microbreweries in the countries such as the UK and France. Apart from this, growing popularity of alcohol-free drinks in the continent will create new growth avenues for fruit beer industry in Europe over the ensuing years. Countries such as Italy, Spain, Germany, and Russia are projected to be the major regional revenue drivers in the coming decade.
The key players profiled in the report include All Saints’ Brewery, Unibroue, New Belgium Brewing Company, Lindemans Brewery, Wells & Young’s Ltd., Magic Hat Brewing Company, Brewery Ommegang, Joseph James Brewing Company, Inc., Pyramid Breweries, Inc., Shipyard Brewing Company, Brouwerij Van Honsebrouck N.V., and Abita Brewing Co.
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