World: Non-alcoholic beer market revenue to cross USD29 bln value by 2026
The non-alcoholic beer market revenue is anticipated to cross USD 29 billion by 2026, according to a new research report by Global Market Insights, Inc.
Increasing trend of consumers reducing their alcohol intake primarily owing to the adoption of healthy lifestyles should contribute to market growth, the analysts said.
Global non-alcoholic beer industry should witness a consumption of over 3 billion litres by 2026. Increasing prevalence of digestive disorders along with a rapid increase in alcohol allergy and weak immune system cases is creating a niche market for alcohol-free products.
Manufacturers are developing novel techniques to boost the product portfolio and provide high-quality solutions which is likely to boost market share.
The significant prevalence of Muslim population in Indonesia, Pakistan and India has resulted in a growing aversion to the consumption of alcohol which is forbidden in Islam, the research adds.
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