Product Code: r7101
“Low Alcohol Beverages Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on low alcohol beverages market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for low alcohol beverages? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The low alcohol beverages market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Low Alcohol Beer; Low Alcohol Spirits; Low Alcohol Wine; Low-Alcohol RTD; Low Alcohol Ciders
- 2) By Distribution Channel: Store-Based; Non-Store Based
- 3) By Application: Supermarkets And Hypermarkets; Retailers
- Companies Mentioned: Anheuser-Busch Companies LLC; Constellation Brands Inc.; Heineken NV; Carlsberg Breweries A/S; Bacardi Limited
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the low alcohol beverages market are: Anheuser-Busch Companies LLC, Constellation Brands Inc., Heineken NV, Carlsberg Breweries A/S, Bacardi Limited, Asahi Premium Beverages, A. Le Coq, Abita Brewing Company, Aftershock Brewing, Bells Brewery Inc., Accolade Wines, Diageo, Allagash Brewing Company, Molson Coors Brewing Co., and Beam Suntory Inc.
The global low alcohol beverages market is expected to grow from $1.18 billion in 2022 to $1.25 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The low alcohol beverages market is expected to reach $1.56 billion in 2027 at a CAGR of 5.5%.
The low-alcohol beverages market consists of sales of roasted light beer, gin and diet tonic, hard seltzer, and other related products. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Low-alcohol beverages refer to drinks having a lower ABV (alcohol strength by volume) of 0.5% to 1.2%. The low-alcohol beverages do not include diuretics, which do not cause any dehydration and assist the body in keeping hydrated.
North America was the largest region in the low alcohol beverages market in 2022. The regions covered in low-alcohol beverages report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of low-alcohol beverages are low-alcohol beer, low-alcohol spirits, low-alcohol wine, low-alcohol RTDs, and low-alcohol ciders. Low-alcohol beer refers to a type of beer with an alcohol content (ABV) of less than 2.5%. They are sold through several distribution channels, including store-based and non-store-based, and are used for various applications such as supermarkets, hypermarkets, and retailers.
The increasing demand for a healthier lifestyle is expected to boost the growth of the low-alcohol beverages market going forward. The preference for a healthier lifestyle includes the intake of healthy beverages, which refers to a drink that is fit for consumption. Consumers believe that incorporating healthful fluids into daily life can help individuals become healthier, and low-alcohol beverages are often touted as having fewer calories and sugar than their full-alcohol substitutes, which can support a healthy lifestyle; therefore, the increasing demand for a healthier lifestyle is expected to boost the low-alcohol beverages market. For instance, according to a study from 2,662 beverage customers from the United Kingdom, Germany, Poland, and Spain were polled published by Kerry Group Plc., an Ireland-based provider of functional and nutritional solutions to the food, beverage, and pharmaceutical industries, in 2021, since the COVID-19 outbreak began, 65% of beverage customers are more concerned about their health. 50% of respondents said that mental health is now a priority, while 59% mentioned immunity. Therefore, the increasing demand for healthier beverages is driving the growth of the low-alcohol beverages market.
Product innovation is the key trend gaining popularity in the low-alcohol beverage market. Major companies operating in the low-alcohol beverage market are focusing on developing new products. For instance, in September 2022, Kaska, a Finland-based low-alcohol drinks company, launched Smal Boosted Gin. This product's unique feature is that it is distilled with a high concentration of botanicals for low-alcohol usage. It is intended to be used in far lesser amounts than regular gin and comes in a 200-ml bottle. One tiny capful is the recommended serving size for one drink, and each bottle includes a tiny 10 ml measure made of 100% biodegradable Sulapac wood-based material. With this procedure, a single 200-mL bottle of Sml Boosted Gin may produce 20 gin and tonics while using only a little percentage of the alcohol (about 2%).
In January 2023, Refresco Group, a Netherlands-based beverage solutions provider, acquired Avandis for an undisclosed amount. Through the acquisition, Refresco hopes to increase its selection of alcoholic beverages in Europe. The Avandis production facility in Zoetermeer, the Netherlands, is anticipated to join the Refresco network of more than 70 facilities across Europe, North America, and Australia, strengthening the company's position as a global independent beverage solutions provider to branded clients and top retailers. Avandis is a Netherlands-based company that produces high- and low-alcohol beverages and offers co-packing and private-label solutions for spirits in bottles and cans.
The countries covered in the low-alcohol beverages market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The low alcohol beverages market research report is one of a series of new reports from The Business Research Company that provides low alcohol beverages market statistics, including low alcohol beverages industry global market size, regional shares, competitors with a low alcohol beverages market share, detailed low alcohol beverages market segments, market trends and opportunities, and any further data you may need to thrive in the low alcohol beverages industry. This low alcohol beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Low Alcohol Beverages Market Characteristics
3. Low Alcohol Beverages Market Trends And Strategies
4. Low Alcohol Beverages Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Low Alcohol Beverages Market
- 4.2. Ukraine-Russia War Impact On Low Alcohol Beverages Market
- 4.3. Impact Of High Inflation On Low Alcohol Beverages Market
5. Low Alcohol Beverages Market Size And Growth
- 5.1. Global Low Alcohol Beverages Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Low Alcohol Beverages Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Low Alcohol Beverages Market Segmentation
- 6.1. Global Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Low Alcohol Beer
- Low Alcohol Spirits
- Low Alcohol Wine
- Low-Alcohol RTD
- Low Alcohol Ciders
- 6.2. Global Low Alcohol Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Store-Based
- Non-Store Based
- 6.3. Global Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Supermarkets And Hypermarkets
- Retailers
7. Low Alcohol Beverages Market Regional And Country Analysis
- 7.1. Global Low Alcohol Beverages Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Low Alcohol Beverages Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Low Alcohol Beverages Market
- 8.1. Asia-Pacific Low Alcohol Beverages Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Low Alcohol Beverages Market
- 9.1. China Low Alcohol Beverages Market Overview
- 9.2. China Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Low Alcohol Beverages Market
- 10.1. India Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Low Alcohol Beverages Market
- 11.1. Japan Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Low Alcohol Beverages Market
- 12.1. Australia Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Low Alcohol Beverages Market
- 13.1. Indonesia Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Low Alcohol Beverages Market
- 14.1. South Korea Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Low Alcohol Beverages Market
- 15.1. Western Europe Low Alcohol Beverages Market Overview
- 15.2. Western Europe Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Low Alcohol Beverages Market
- 16.1. UK Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Low Alcohol Beverages Market
- 17.1. Germany Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Low Alcohol Beverages Market
- 18.1. France Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Low Alcohol Beverages Market
- 19.1. Eastern Europe Low Alcohol Beverages Market Overview
- 19.2. Eastern Europe Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Low Alcohol Beverages Market
- 20.1. Russia Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Low Alcohol Beverages Market
- 21.1. North America Low Alcohol Beverages Market Overview
- 21.2. North America Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Low Alcohol Beverages Market
- 22.1. USA Low Alcohol Beverages Market Overview
- 22.2. USA Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Low Alcohol Beverages Market
- 23.1. South America Low Alcohol Beverages Market Overview
- 23.2. South America Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Low Alcohol Beverages Market
- 24.1. Brazil Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Low Alcohol Beverages Market
- 25.1. Middle East Low Alcohol Beverages Market Overview
- 25.2. Middle East Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Low Alcohol Beverages Market
- 26.1. Africa Low Alcohol Beverages Market Overview
- 26.2. Africa Low Alcohol Beverages Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Low Alcohol Beverages Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Low Alcohol Beverages Market Competitive Landscape And Company Profiles
- 27.1. Low Alcohol Beverages Market Competitive Landscape
- 27.2. Low Alcohol Beverages Market Company Profiles
- 27.2.1. Anheuser-Busch Companies LLC
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Constellation Brands Inc.
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Heineken NV
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Carlsberg Breweries A/S
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Bacardi Limited
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Low Alcohol Beverages Market
29. Low Alcohol Beverages Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer