Fruit Beer Market Overview:
Fruit Beer Market Segmentation:
In terms of Product, In 2022, the raspberry segment held a 33% share, making it the market leader. Because raspberries are a superfood with lots of fiber, vitamins, and minerals, and few calories, it's likely that this fruit beer variety will remain a household favorite among consumers. The exceptional flavor attributes of raspberries entice customers to buy the product. The market segment is expanding as a result of these factors.
Over the course of the forecast period, the Cherry Segment is anticipated to grow at a CAGR of 6%. Female consumers love this fruity flavor so much, and there is a growing market for sour beer flavors. Over the course of the forecast period, these factors are anticipated to propel the segment's market growth.
With a 67% market share in terms of distribution channel, the On-Trade segment led the market in 2022. The growing trend of young people congregating in bars, pubs, and liquor lounges, as well as the rise in craft breweries and breweries The segment is growing as a result of the rise in cafes and restaurants. The availability of beer options, young consumers, and shifting demographics all support fruit beer sales through on-trade distribution channels. These elements are fueling the segment's market expansion.
Over the course of the forecast period, the off-Trade segment is anticipated to grow at a CAGR of 7.1%. The demand for fruit drinks through off-trade channels is largely being driven by rising product awareness in supermarkets and hypermarkets. Tastes like raspberries, cherries, mangoes, and grapes are always taking up space on supermarket and hypermarket shelves because consumers who are health-conscious are becoming more and more interested in non-alcoholic beer. Throughout the forecast period, these factors are anticipated to propel the market.
1 Global Fruit Beer Market, by Flavor (2022-2029)
• Peach
• Raspberry
• Cherry
• Apricot
• Other
2 Global Fruit Beer Market, by Distribution Channel (2022-2029)
• On- Trade
• Off-Trade
3 Global Fruit Beer Market, by Sales Channel (2022-2029)
• On-Trade
o Pubs
o Bars
o Restaurants
• Others (Cafes, Institutions)
o Off-Trade
o Supermarkets/ Hypermarkets
o Specialty Stores
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Fruit Beer Market Key Players: The key players are
1. Jester King
2. New Glarus Brewing Company
3. Allagash Brewing Company
4. SIREN CRAFT BREW
5. Founders Brewing Co.
6. New Belgium Brewing Company
7. Anchor Brewing
8. The Golden Road
9. SIXPOINT BREWERY
10. All Saints’ Brewery
11. Unibroue
12. Lindemans Brewery
13. Wells Young’s Ltd
14. Magic Hat Brewing Company
15. Brewery Ommegang
16. Joseph James Brewing Company, Inc
17. Pyramid Breweries, Inc
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Fruit Beer Market Regional Analysis:
The Fruit Beer market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Fruit Beer market share and will continue to be a major shareholder in the global Fruit Beer market.
COVID-19 Impact Analysis on Fruit Beer Market: The COVID-19 impact on the Fruit Beer market is also included in the report
Key Questions Answered in the Fruit Beer Market Report are:
- What will be the CAGR of the Fruit Beer market during the forecast period?
- Which segment emerged as the leading segment in the Fruit Beer market?
- Which are the prominent players in the Fruit Beer market?
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