![]() ![]() Opening of new distribution channels and accessibility to non-alcoholic beverages can drive the market demand. ![]() The U.S., particularly, is expected to contribute to the regional market due to a massive consumer base and demand for energy drinks. ![]() North America is projected to dominate the global market due to massive investments by players and the introduction of new brands. The global plant based beverages market reports regions of prime importance, namely Europe, Asia Pacific (APAC), North America, and the Rest-of-the-World (RoW). ![]() However, volatile prices of fruits and vegetables can hamper market growth. The shift to plant-based juices and veganism can tilt favorably towards the global non-alcoholic RTD beverages market. In addition, the effects of alcoholism, as well as forty-something adults cutting down on alcohol, is predicted to push the market to generate revenues at 4.5% CAGR during the forecast period. The sales of functional beverages that can bolster health levels can bode well for the market.Įmphasis on health and wellness by demographics of millennials and generation Z consumers as well as a desire to avoid hangovers can bolster the market demand. The immense demand for versatile mocktails for consumers with a zero penchant for alcohol is expected to drive the market from 2019 to 2024 (forecast period). The global non-alcoholic RTD beverages market size can touch USD 800 billion by 2024. The global non-alcoholic RTD beverages market report by Market Research Future (MRFR) contains pertinent trends and factors pushing the niche segment into mainstream production. Rising number of teetotalers, as well as a sizeable part of the millennial demographic swearing off alcohol, has driven the demand for beverages. Seedlip products are sold at Meijer stores, Free Spirit at Kentucky 74 Total Wine & More.Non-alcoholic ready-to-drink (RTD) beverages are beverages with zero alcohol levels. We found and tried Mingle mocktails sold in a 4-pack of cans at a Better Health Store in Southgate, Lyre's Agave Blanco at Discount Drinks in Wyandotte and Ritual Zero-Proof tequila at Total Wine & More in Novi. You will find some of these items at stores that sell beer, wine and spirits or online. Typically, they will list it on the product and in general it's 0.5% or less alcohol by volume or ABV. Keep in mind, due to the production process, some may have trace amounts of alcohol. Here's a rundown of nonalcoholic spirits. And at bars that offer mocktails, you will find them around the same cost of craft cocktails. Canned mocktails are in the $4-$5 per can range. Nonalcoholic versions of spirits start at around $30 for a 700- to 750-milliliter (the size of a standard bottle of wine) bottle and go up. More: Top 10 Takeover series goes global: Guided Italy culinary vacation on sale now More: Plastic as art? Entire grocery store created from discards There's also a slew of canned or bottled "mocktails" that are crafted to resemble alcoholic versions of drinks with the likes of a Cosmopolitan, Margarita and Bellini.īut before you rush out to buy nonalcoholic spirits or mocktail versions thinking they will cost less, think again. For example, Lyre's American Malt + Aperitif Rosso go together with the addition of bitters and orange peel, to make a drink similar to a Manhattan. Many of the nonalcoholic spirit alternatives are made to mirror the alcohol versions of the likes of gin, tequila and bourbon. There are more “spirit-less” spirits made from botanicals, 0% ABV (alcohol by volume) beers and even alcohol-removed wine. (Be prepared: The search can also load up your social media pages with tons of ads for the spirits.) Of that, nonalcoholic spirits took up 1.3% and increased a whopping 88% year-over-year.Īn internet search for nonalcoholic spirits turned up plenty. sales of nonalcoholic drinks, pegged at $395 million, according to NielsenIQ, grew 20% year-over-year from August 2021 to August 2022. Never before have there been more nonalcoholic or zero-proof products available to help those on the Dry January journey. The U.S. ![]()
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