Gluten-free Beer 2019 Market By: Industry Size,Growth,Trends,Analysis,Opportunities, and Forecasts to 2023
Oct 1, 2019
WiseGuyReports.Com Publish a New Market Research Report On –“ Gluten-free Beer 2019 Market By: Industry Size,Growth,Trends,Analysis,Opportunities, and Forecasts to 2023”.
Pune, India - October 1, 2019 /MarketersMedia/ —
Gluten-free Beer Industry 2019
Description:-
Gluten-free beer is prepared using ingredients like sorghum, buckwheat, and millet as they do not contain gluten. It was introduced for people suffering from wheat allergies and celiac disease. The global gluten-free beer market is estimated to reach USD 651.6 million by the end of 2023 at a CAGR of 14.90% during the forecast period. The growing prevalence of celiac disease across the globe is a major driving factor for the growth of the market. The rising number of craft breweries is also supporting the availability of gluten-free beer and leading to the growth of the market.
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Top Company Profiles
The leading market players in the global gluten-free beer market are New Belgium Brewing Company, Inc. (US), Les Brasseurs Sans Gluten Inc. (Glutenberg) (Canada), Joseph James Brewing Company, Inc. (US), Stone Brewing Co. (US), Ground Breaker Brewing and Gastropub (US), New Planet Beer Co. (US), Brasserie De Brunehaut S.A. (Belgium), Omission Brewing Co. (US), Lakefront Brewery Inc. (US), Redbridge Beer (US), Whistler Brewing Company (Canada), Ipswich Ale Brewery (US), Dogfish Head Craft Brewery Inc. (US), Epic Brewing Company (US), and Bellfield Brewery Ltd. (UK)
New varieties and product developments have attracted consumers. For instance, Glutenberg was the first company to provide gluten-free beer. The company started by offering gluten-free blonde beer; it later expanded its portfolio to include American pale ale, red ale, and India pale ale, among others.
Experimentation in food and drink by consumers is also driving the demand for a variety of gluten-free beers. Also, strong marketing initiatives through various channels have created awareness of the products available in the market for the gluten intolerant population.
Segmentation
The Global Gluten-Free Beer Market can be segmented by type, packaging, target audience and region.
On the basis of type, the global gluten-free beer market has been divided into gluten-free beer and gluten-reduced beer. In 2017, the gluten-free beer segment accounted for the maximum market share and is projected to reach USD 432.0 million by the end of 2023. However, the gluten-reduced segment is projected to register the higher CAGR of 15.22% during the review period.
Based on packaging, the market has been segmented into cans, bottles, and others. The bottles segment held the largest market share in 2017 and is projected to reach USD 354.0 million by the end of 2023. The cans segment is expected to register the highest growth rate of 15.37% during the forecast period.
Based on Target Audience, the market is categorized into Gluten-free beer manufacturers, Breweries, Raw material suppliers, Retailers and wholesalers, E-commerce companies, Traders, importers, and exporters.
Geographically, the market has been segmented, into North America, Europe, Asia-Pacific, and the rest of the world (ROW).
Regional overview
The report offers a country-wise analysis of regions the market spans across. These include:
North America (US, Canada, Mexico), projected to register the highest CAGR of 15.42% until 2023 due to production innovation and rapid advancements in all processes, from the inclusion of raw materials to packaging. Europe (UK, Germany, France, Italy, Spain, Rest of Europe), expected to retain its majority market share due to the rising prevalence of gluten intolerance in the region. Moreover, online retailing is gaining traction in the European gluten-free beer market. It also studies Asia-Pacific (China, Japan, Australia & New Zealand, Rest of Asia-Pacific) and Rest of the World (RoW) (South America, Middle East, Africa) market.
Industry news
Increasing Internet popularity coupled with the rising presence of e-commerce companies is expected to drive the online sales of alcoholic beverages. However, the high prices of the product restrict demand and act as a restraint for the growth of the market.
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Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Gluten-free Beer Market, by Type
7 Global Gluten-free Beer Market, by Packaging
Continued…..
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Source: MarketersMedia
Release ID: 88924460
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