Gluten-free Beer Market to increase by USD 13 billion between 2023 to 2028, Off-trade store to be the major contributing segment - Technavio

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The gluten-free beer market size is expected to grow by USD 13 billion from 2023 to 2028, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 13.86% during the forecast period. Growing awareness of the health benefits of gluten-free food products is notably driving the gluten-free beer market. However, factors such as distribution challenges may impede market growth. The market is segmented by Distribution Channel (Off-trade store and On-trade store), Type (Sorghum corn, rice, Buckwheat, and others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format 

Key Segment Analysis

• The off-trade store segment will be significant during the forecast period. The sale of gluten-free beer through retail outlets such as supermarkets, hypermarkets, convenience stores, liquor stores, and online marketplaces is a part of this segment. Customers buy gluten-free beer to drink at home or places other than where the beer is made or sold. The significant growth for this segment is attributed to the rising demand for gluten-free products and their growing availability in retail stores and e-commerce platforms. Customers who consume gluten-free products are mostly the ones who suffer from celiac disease or personal preferences. Such customers majorly prefer this segment.

To know additional highlights and key points on various market segments and their impact in coming years, View a FREE PDF Sample Report.

Geographical Market Analysis 

North America will be significant for the overall market growth, with a contribution of 39% to the global market during the forecast period. People with gluten intolerance or celiac disease cannot consume products that contain gluten. Gluten is a protein found in grains such as barley, wheat, and rye. The market in focus caters to this segment of consumers. Thus, with the growing awareness of celiac illness and gluten intolerance, there is a growing market for gluten-free goods, including beer. For, instance, a study by the Mayo Clinic indicates that approximately 1% of people in North America are thought to have celiac disease. Furthermore, people are also increasingly embracing gluten-free diets, either out of choice or due to purported health benefits. To cater to this demand, microbreweries and craft beer manufacturers predominate the market for gluten-free beer in North America.

Company Insights 
The gluten-free beer market is fragmented, and companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
ALT Brew, Anheuser Busch InBev SA NV, Bards Brewing LLC, Brasserie de Brunehaut SA, Brasseurs Du Monde, Brewery Rickoli, BURNING BROTHERS BREWING LLC, Dohler GmbH, Duck Foot Brewing Co., Epic Brewing Co., Ground Breaker Brewing and Gastropub, Holidaily Brewing Co., IIpswich Ale Brewery, Koninklijke DSM NV, Lakefront Brewery Inc., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., New Planet Beer Co., Sierra Nevada Brewing Co., Stone Brewing Co. LLC

• View a FREE PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

• Beer Market size is estimated to grow by USD 141.28 billion between 2022 and 2027 accelerating at a CAGR of 3.7% during the forecast period.
• The Europe - Craft Beer Market size is projected to increase by USD 13.06 billion and the market size is estimated to grow at a CAGR of 7.87% between 2022 and 2027.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Distribution Channel

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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