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The GCC Non-Alcoholic Beer market is projected to grow at a CAGR of around 7.74% during the forecast period, i.e., 2023-28.
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GCC Non GCC Non- -Alcoholic Beer Alcoholic Beer Market Research Report: Market Research Report: Forecast (2023 Forecast (2023- -2028) 2028) The GCC Non-Alcoholic Beer market is projected to grow at a CAGR of around 7.74% during the forecast period, i.e., 2023-28. www.marknteladvisors.com
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Market Insights The GCC Non-Alcoholic Beer market is projected to grow at a CAGR of around 7.74% during the forecast period, i.e., 2023-28. The major factor contributing to the market growth is the rising awareness among individuals regarding the health benefits of non- alcoholic beer, which contains several polyphenols like polyphenol xanthohumol, a hop- derived molecule that helps in several cardiovascular health conditions and improves blood pressure, inflammation, and homocysteine levels. Hence, with the rising prevalence of cardiovascular disorders across the GCC region, coupled with enhanced awareness regarding the health benefits of non-alcoholic beer, the market has witnessed considerable growth in the past few years.
GCC Non GCC Non- -Alcoholic Beer Market Possible Restraint: Alcoholic Beer Market Possible Restraint: Apprehension Among the Consumers Limits the Sales of the Non-Alcoholic Beer - Non- alcoholic beer producers often struggle with keeping the concentration of alcohol in beers below 0.5 % ABV (alcohol by volume), due to the complicated production process, which also hikes up production costs, resulting in reducing gross profit margins for producers. Moreover, regulations regarding 0.5% ABV concentrations are highly strict in countries like Kuwait, the UAE, and Saudi Arabia, which results in the loss of an entire consignment in case the concentration is crossed by even a margin.
What Components are encompassed within GCC Non-Alcoholic Beer Market segmentation? By By Flavour Flavour (Flavoured, Unflavoured), By By Packaging Packaging (Glass Bottles, Metal Cans), By By Sales Channel Sales Channel (Offline, Online), By By Concentration Concentration (< 0.5% ABV, 0.5% ABV), By By Country Country (The UAE, Saudi Arabia, Oman, Kuwait, Bahrain, Qatar)
Competitive Benchmarking Aujan Group Holding, Anheuser-Busch InBev, Carlsberg Breweries A/S, Heineken N.V., Swinkels Family Brewers, Mahmood Saeed Group, Moussy, 3 Horses Malt, Nirvana Brewery, Bière Des Amis, Bundaberg Brewed Drinks, A&W Concentrate Company, Other
Some of the Key Questions Answered in this Report: What are the growth projections for the years 2023-2028? Which market factors will aid in developing client and business strategies? What are the critical market opportunities for each segment enlisted in the research report? What are the primary growth tactics used by the major market players?
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