“An influential Fruit Beer Market report contains the most recent market information, allowing companies to conduct in-depth analysis of the Fruit Beer Market industry and future trends. It also helps gauge brand awareness and insights among potential customers, uncovering uncertainties that may arise due to changes in business activities or the introduction of new products to the market. This market analysis report is a detailed study of the Fruit Beer Market industry, explaining market definitions, classifications, applications, engagements, and global industry trends. The Fruit Beer Market research report serves as a significant component of business strategy.
Furthermore, for businesses, understanding consumer demands, preferences, attitudes, and changing tastes regarding specific products is crucial. This valuable information can be gleaned from the credible Fruit Beer Market report. The report also sheds light on the various inhibitors and motivators of the product market in both quantitative and qualitative approaches, providing accurate information. The Fruit Beer Market report also presents an analysis of prime manufacturers, trends, opportunities, marketing strategies, market impact factors, and consumer needs across major regions, types, and applications globally, while considering the past, present, and future state of the Fruit Beer Market industry.
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Nowadays, consumers across the globe choose fruit beer because it is rich in minerals, vitamins, folic acid, and fiber, and fruit beer is not only tasty but also nutritious for human health. Consumers progressively demand innovative and flavorful non-alcoholic beverages because they are willing to experiment with new flavors. Moreover, with growing consumer awareness, consumer trends are shifting towards non-alcoholic or low-alcohol beer. Hence, the fruit beer market suppliers are launching various flavors of non-alcoholic or low-alcohol beverages to meet the increasing demand for a fruit beer.
Data Bridge Market Research analyses that the fruit beer market is expected to reach USD 533.57 billion by 2030, which was USD 322.40 billion in 2022, registering a CAGR of 6.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 – 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Flavour (Cherries, Blueberries, Peaches, Raspberries, Plums, Apples, Strawberries, Apricots, Others), Distribution Channel (On-Trade, Off-Trade), Application (Residential, Commercial, Others), Industry Vertical (Bars and Restaurants, Food and Beverage, Healthcare, Others) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | Lindemans (Australia), LOST COAST BREWERY (U.S.), Magic Hat Brewing Company (U.S.), New Belgium Brewing Company, Inc. (U.S.), Brewery Ommegang (U.S.), All Saints Brewing Company (U.S.), Shipyard Brewing Company (U.S.), Unibroue (Canada), ABITA BREWING COMPANY (U.S.), Pyramid Brewing Co. (U.S.), HokkaidoBrewing (Japan), Rhinegeist Brewery (U.S.), The Boston Beer Company (U.S.), Jester King Craft Brewery (U.S.) |
Market Opportunities |
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Market Definition
Fruit beer is a non-alcoholic beverage made by blending and fermenting numerous malt-scented fruits, including strawberries, cherries, raspberries, and plums, with additional syrups, flavorings, extracts, and spices. It has a different aroma and contains essential potassium, antioxidants, vitamins, minerals, folic acids, and soluble dietary fibers, which are not harmful to the human body. When consumed in moderation, fruit beer helps eliminate the risk of heart disease, hydrate the body, and reduce depression, anxiety, and stress by providing a relaxing experience to the consumers.
Drivers
The growing demand for peach fruit beer among consumers is expected to propel the growth of the fruit beer market. When peaches are combined with beer, they impart a tart flavor that is very popular, mainly in the summer. This fruity beer is recognized among consumers and traditional, creative brewers because it gives them a transient sense of summer. As a result of all these factors, boost the market growth during the forecast period.
Global expansion of online trade enables retailers of fruit beer to provide their products by online retailing. Unlike conventional retail stores, online retailers provide quick distribution, extra promotions, payment choices, and augmented label exposure. Furthermore, online retailers now allow customers to easily select fruit beers from numerous brew series in one platform. Retailing fruit beer through online platforms also aids the retailers in avoiding the need for huge investment through physical stores required to sell it. As a result of all these factors, enhance the market growth.
Opportunities
The fruit beer market suppliers are launching various flavors of non-alcoholic beverages to fulfill the increasing demand for non-alcoholic or low-alcohol beer. For instance, in 2021, Heineken and Anheuser-Busch InBev launched the non-alcoholic beer in India. It competes with beverage manufacturers such as Pepsi Coin and The Coca-Cola Company in stationary shops and restaurants. Hence, increasing launches of various flavors of non-alcoholic beverages will likely generate ample opportunities for market growth during the forecast period.
The low-alcohol fruit beer or low alcohol by volume ratio (ABV) is boosting its popularity, mainly among health-conscious consumers. The consumption of low-alcohol fruit beer does not affect the liver and kidneys and does not contribute to intoxication. These health benefits of the low alcohol content fruit beer would increase the market demand. The fruit beer market vendors are broadening their product range by launching new low-alcohol fruit beer brands to focus on this increasing demand. This would be an important development that will influence market growth.
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The fruit beer market is segmented on the basis of ty flavor, distribution channel, application, and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Flavour
Distribution Channel
Application
Industry Vertical
The report can answer the following questions:
Key Questions Answered in This Report: –
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