The global fruit beer market size is expected to reach USD 398.0 Million in 2030 and register a revenue CAGR of 4.5% over the forecast period, according to the latest report by Reports and Data. The increasing number of cafes, restaurants, expansion in the e-commerce industry, and product launches are expected to drive market revenue growth.
Fruit beer market revenue growth is expected to be propelled by changing social trends, corporate meet-ups, parties, and others. Also, campaigns for reducing alcohol consumption, and growing health awareness are increasing the demand for fruit beer as an alternative to alcohol-infused beer. Increasing disposable income among youngsters and preference to drink non-alcoholic beverages are impacting demand positively across the globe. Manufacturers are launching products with variations and different flavors for consumers with different tastes and preferences which is expected to drive revenue growth of the fruit beer market.
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Key Players covered in this report are: New Belgium Brewing, Magic Hat Brewing Company, Shipyard Brewing Company, All Saints Brewing Company, Brewery Ommegang, Lindemans, Lost Coast Brewery, Unibroue, Wells Co., and Abita Brewing Company.
Some Key Highlights From the Report
- On 26 August 2022, Sonnen Hill Brewing announced the launch of a limited-edition fruit beer which is made of Raspberry and Blackberry along with Ontario fruit and grain. The product was initially fermented in stainless steel for over a year and a half maintaining a nice balance of funk, acidity, and fruit.
- Peach fruit beer segment accounted for the largest revenue share in 2021. When combined with beer, peaches impart a tart flavor that is very popular, especially in the summer. This fruity beer is well-known among consumers and creative, traditional brewers because it provides them with a transient sense of summer. Launch of new flavored fruit beers is satisfying consumers and their varied flavor preferences which are expected to support revenue growth of the segment.
- On-trade segment is expected to register a steady revenue growth rate during the forecast period. Beers with and without alcohol content are distributed through the on-trade route. The expansion of restaurants and cafés, as well as the younger generation’s shifting preference for fruit beers over alcoholic beverages, are expected to support revenue growth of this segment. Fruit beer demand is rising globally as a result of the social trend of gathering with friends at bars and pubs and impacting segment growth positively.
- Market in Europe accounted for the largest revenue share in 2021. Increased demand for alcohol-free beverages, increased health consciousness, and the presence of numerous microbreweries in the U.K. and France are expected to drive the market revenue growth. Despite COVID-19, Europe has seen the opening of numerous microbreweries in different countries such as Denmark, Sweden, Scotland, England, and others.
Flavor Outlook (Revenue, USD Billion; 2019 – 2030)
- Peach
- Raspberry
- Cherry
- Blueberry
- Apricot
- Apple
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019 – 2030)
- On-Trade
- Off-Trade
Key Regional Markets Covered in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Major Points covered in this report are as below:
- The Fruit Beer industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
- With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
- Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
- The Fruit Beer Market report provides key statistics on the market status of the Fruit Beer manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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