Market Overview:
The global root beer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for non-alcoholic root beer and increasing number of online retail outlets. North America is expected to dominate the global root beer market, followed by Europe and Asia Pacific.
Product Definition:
A carbonated beverage typically made from water, sugar, and a flavoring such as sassafras or wintergreen. It is usually served cold and often enjoyed as an appetizer or a dessert.
Alcoholic Root Beer:
Alcoholic root beer is a concentrated liquid extract of roots, herbs and spices which are infused in alcohol. The alcoholic extract is then carbonated with yeast to form the final product.
The product has high nutritional value and can be used as an alternative for soft drinks like Coca Cola or Pepsi. It also has various health benefits over non-alcoholic beverages as it contains essential vitamins, minerals and proteins along with low calories content.
Non-alcoholic Root Beer:
Non-alcoholic root beer is a carbonated soft drink, which contains extracts of natural or artificial flavors and no alcohol. It is primarily manufactured as a non-intoxicating beverage for consumption by people who do not want to have an alcoholic drink. The product has gained significant popularity in the U.S.
Application Insights:
The global root beer market has been bifurcated into two applications, namely online and offline. The online segment held the largest share of over 70.0% in 2017 owing to the extensive use of social media platforms for marketing various products including alcoholic and non-alcoholic root beer. Furthermore, companies are investing significantly in digital advertising campaigns on popular social media websites such as Facebook, YouTube and Twitter to promote their products among consumers globally.
Offline application is expected to expand at a CAGR of XX% from 2018 to 2030 due mainly to increasing consumption at bars & pubs along with off-trade retail stores across countries such as Germany, U.K.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. The U.S., being the largest consumer, has a major impact on the regional market dynamics and is expected to continue its dominance over the forecast period.
Asia Pacific has been witnessing strong growth across all categories including alcoholic beverages, non-alcoholic beverages and soft drinks since last few years due to growing middle class population along with rapid urbanization trends that have resulted into an increaseing number of restaurants & bars as well as retail stores selling alcoholics drinks such as root beer which includes both alcoholic.
Growth Factors:
- Increasing demand for root beer from the health-conscious population.
- Rising disposable income of the consumers in developing countries.
- Growing popularity of craft beers and artisanal root beers across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Root Beer Market Research Report
By Type
Alcoholic Root Beer, Non-alcoholic Root Beer
By Application
Online, Offline
By Companies
New Century Beverage, Yum! Brands, Iconic Brewing, Dr Pepper Snapple Group, Crazy Uncle, Mill Street Brew Hall, Seagram, Rhineland Brewing, Best Damn Brewing, TROPICAL SUN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Root Beer Market Report Segments:
The global Root Beer market is segmented on the basis of:
Types
Alcoholic Root Beer, Non-alcoholic Root Beer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New Century Beverage
- Yum! Brands
- Iconic Brewing
- Dr Pepper Snapple Group
- Crazy Uncle
- Mill Street Brew Hall
- Seagram
- Rhineland Brewing
- Best Damn Brewing
- TROPICAL SUN
Highlights of The Root Beer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alcoholic Root Beer
- Non-alcoholic Root Beer
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Root Beer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Root beer is a carbonated soft drink that originated in the United States. It is made from brewed root beer, sugar, and artificial flavors.
Some of the major players in the root beer market are New Century Beverage, Yum! Brands, Iconic Brewing, Dr Pepper Snapple Group, Crazy Uncle, Mill Street Brew Hall, Seagram, Rhineland Brewing, Best Damn Brewing, TROPICAL SUN.
The root beer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Root Beer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Root Beer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Root Beer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Root Beer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Root Beer Market Size & Forecast, 2018-2028
4.5.1 Root Beer Market Size and Y-o-Y Growth
4.5.2 Root Beer Market Absolute $ Opportunity
Chapter 5 Global Root Beer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Root Beer Market Size Forecast by Type
5.2.1 Alcoholic Root Beer
5.2.2 Non-alcoholic Root Beer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Root Beer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Root Beer Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Root Beer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Root Beer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Root Beer Analysis and Forecast
9.1 Introduction
9.2 North America Root Beer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Root Beer Market Size Forecast by Type
9.6.1 Alcoholic Root Beer
9.6.2 Non-alcoholic Root Beer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Root Beer Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Root Beer Analysis and Forecast
10.1 Introduction
10.2 Europe Root Beer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Root Beer Market Size Forecast by Type
10.6.1 Alcoholic Root Beer
10.6.2 Non-alcoholic Root Beer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Root Beer Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Root Beer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Root Beer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Root Beer Market Size Forecast by Type
11.6.1 Alcoholic Root Beer
11.6.2 Non-alcoholic Root Beer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Root Beer Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Root Beer Analysis and Forecast
12.1 Introduction
12.2 Latin America Root Beer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Root Beer Market Size Forecast by Type
12.6.1 Alcoholic Root Beer
12.6.2 Non-alcoholic Root Beer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Root Beer Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Root Beer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Root Beer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Root Beer Market Size Forecast by Type
13.6.1 Alcoholic Root Beer
13.6.2 Non-alcoholic Root Beer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Root Beer Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Root Beer Market: Competitive Dashboard
14.2 Global Root Beer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 New Century Beverage
14.3.2 Yum! Brands
14.3.3 Iconic Brewing
14.3.4 Dr Pepper Snapple Group
14.3.5 Crazy Uncle
14.3.6 Mill Street Brew Hall
14.3.7 Seagram
14.3.8 Rhineland Brewing
14.3.9 Best Damn Brewing
14.3.10 TROPICAL SUN
