Fruit Beer Market Research Report – Forecast to 2030

Fruit Beer Market Research Report: by Flavors (peach, raspberry, cherry, apricot, apple), Distribution Channel (store based and non-store based), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast Till 2030

ID: MRFR/F-B & N/4854-HCR | November 2022 | Region: Global | 100 Pages         

Fruit Beer Market

The fruit beer market is expected to grow at a 4.58% CAGR and reach USD 426.53 Billion by 2030.

Segmentation

By Flavors Peach Raspberry Cherry Apricot Apple
By Distribution Channel Store based Non-store based
By Region North America Europe Asia-Pacific

Key Players

  • New Belgium Brewing Company (U.S.)
  • Magic Hat Brewing Company (U.S.)
  • Shipyard Brewing Company (U.S.)
  • Joseph James Brewing Company
  • All Saints Brewing Company (U.S.)
  • Brewery Ommegang (U.S.)
  • Lindemans Brewery (Belgium)
  • Lost Coast Brewery (U.S.)

Drivers

  • Rising quality of craft beer
  • Increasing numbers of microbreweries
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Fruit Beer Market Overview:


The fruit beer market is expected to grow at a 4.58% CAGR and reach USD 426.53 Billion by 2030.


Fruit beer contains fruits as a flavoring agent or adjunct, in addition to many other ingredients, like hops and malt. The fruity aroma in fruit beer depends on the kind of fruit used and therefore the production method. As an example, cherries and raspberries have a lot of pronounced smell as compared to peach and blueberries. The distinctive style of fruit beer makes it one of the foremost fashionable beverages among customers.


Some of the important drivers for the fruit beer market embrace the growing population, increasing quality of craft beers among young customers, a rising variety of places serving alcohol, increasing per capita income, and relaxation within the rules applicable to the brewage business. Increasing per capita income permits customers to pay a lot for their favorite beverages. Moreover, they're currently willing to pay a lot for innovative and premium beverages. Thus, the market is anticipated to witness vital growth throughout the forecast period.


COVID-19 Analysis


The spread of the COVID-19 disease has somehow affected the fruit beer market also. As a result, due to the border lockdowns in several countries throughout the world, the market value was highly affected. However, the lockdowns majorly affected the manufacturing and production of such products that contain flavored items on a larger scale, thus inhibiting the fruit beer market growth.


Market Dynamics:


Market Drivers


Beer soured with a fruit drink is termed as a fruit beer. Growing craft beer culture across the globe and dynamic choices of the consumer's tastes are expected to contribute to the growth of the fruit beer market. The rising quality of craft beer and increasing numbers of microbreweries also are serving to surge the beer market to grow. Style and aroma in fruit beer rely upon the production method and fruits used for flavoring. Also, the shift towards innovative and premium beers contributes to the growth of the market.


The continuous shift towards sweeter and fruitier styles and flavors helps the expansion of the fruit brewage market share.


Some factors like increasing consumer’s choices concerning long-run effects of liquor in conjunction with consumer’s preferences to avoid headaches & temporary state can propel the market growth. Rising demand from teenagers for fruit beer due to rigorous laws on drinking alcohol at an age of 16/18 years can support the trade growth. Additionally, rising disposable incomes, increasing adoption of hectic lifestyles, a rising variety of restaurants & bars, and relaxation points, are expected to drive the target market towards growth.


The global growth of online trade permits sellers of fruit beers to supply their products by online merchandising. On-line retailers supply additional promotions, fast distribution, and payment decisions, and enhanced label exposure in contrast to standard retail stores. Additionally, online retailers currently provide customers the convenience of selecting fruit beers from many brew series in one platform. Selling fruit beers through online platforms additionally helps vendors avoid the enormous investments through physical stores. This enhances vendors’ disposition to sell their products over online platforms.


Restraints


The government bodies are yet to standardize the use of the Fruit beer market in the food and beverages sector. Lack of standardization comes out to be a restraint in the fruit beer market size. Also, one of the main drawbacks in this field is that it lacks proper training.


Opportunities


The latest trends in research and development and new product launches are amongst the major key players in the latest fruit beer market Trends to fuel the growth of the market. However, big investments in research and development are the factors responsible for the expansion of this market.


Challenges


The only drawback in the fruit beer market Forecast is the high prices of the pieces of equipment used for the production of fruit beer. However, many experts are doing feasible research to determine whether spending this amount of money is worthwhile.


Cumulative Growth analysis


The compound annual growth rate (CAGR) of the fruit beer market analysis is predicted to grow at the rate of 4.5%. Various drivers such as the increasing demand and surge in the innovations used for the development of new techniques and their usefulness in the food and beverages field will have a positive impact on the growth of the market.


Value chain analysis


The market is anticipated to grow at a higher pace in the future because of the higher levels of investment in this area, increasing government investment in food and beverages infrastructure, and rising expenditure on the manufacturing of fruit beer fuel the market growth.


Segment Overview:


The global fruit beer market is divided by flavor, marketing, and region.


On the grounds of flavor, the market is segmented into peach, raspberry, cherry, apple, apricot, and others. Raspberry flavor is predicted to dominate the market during the forecast period.


On the grounds of marketing, the market is divided into store-based and non-store-based distribution channels. Store-based mostly are classified into the market, chain store, bars, and restaurants, while, e-commerce web site comes underneath non-store based.


The global market is divided into North America, Europe, Asia-Pacific, and the rest of the world. Europe is dominating the worldwide fruit beer market, followed by North America. However, Asia-Pacific is predicted to register the quickest growth.


Regional Analysis:


Europe is anticipated to dominate the world fruit beer market, followed by North America. Increasing awareness concerning health and nutrition among the European population helps the fruit beer market to grow. However, increasing population, relaxation of rules, and regulation are probably responsible to contribute to the expansion of the market.


Asia-Pacific is anticipated to be the quickest growing region within the market due to the emergence of craft brew within the region.


The Middle East & Africa has the smallest amount market share because of the poor economic conditions in Africa and laws on alcohol production in some geographic area countries.


Competitive Landscape:


The key players play a crucial role in uplifting market growth. Many market players are focusing on their expansion on the globe and performance through the investment of promising companies. Below are some of the major fruit beer producers:



  • New Belgium Brewing Company (U.S.)

  • Magic Hat Brewing Company (U.S.)

  • Shipyard Brewing Company (U.S.)

  • Joseph James Brewing Company

  • All Saints Brewing Company (U.S.)

  • Brewery Ommegang (U.S.)

  • Lindemans Brewery (Belgium)

  • Lost Coast Brewery (U.S.)


Report Overview:


The overview of the fruit beer Market is listed below:



  • Market overview.

  • COVID-19 Analysis.

  • Dynamics of the market.

  • Value Chain Analysis.

  • Market Segmentation.

  • Regional Analysis.

  • Competitive analysis.

  • Recent Development.


Report Score and Segmentation



  • Market Size: USD 426.53 Billion

  • Base Year: 2021

  • Forecast Period:  2022-2030


Segmentation


Based on Flavor



  • Peach raspberry

  • Cherry

  • Apple

  • Apricot


Based on Marketing



  • Store-based distribution channels

  • Non-store-based distribution channels.


Based on Region



  • North America

  • Europe

  • Asia-Pacific



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 426.53 Billion
  CAGR   4.58%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Flavor, Distribution Channel, And Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   New Belgium Brewing Company (U.S.), Magic Hat Brewing Company (U.S.), Shipyard Brewing Company (U.S.), Joseph James Brewing Company, All Saints Brewing Company (U.S.), Brewery Ommegang (U.S.), Lindemans Brewery (Belgium), and Lost Coast Brewery (U.S.)
  Key Market Opportunities   Latest trends in research and development, New product launches
  Key Market Drivers   Rising quality of craft beer, Increasing numbers of microbreweries


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Frequently Asked Questions (FAQ) :

Fruit beer contains fruits as a flavoring agent or adjunct, in addition to many other ingredients, like hops and malt. The fruity aroma in fruit beer depends on the kind of fruit used and therefore the production method. As an example, cherries and raspberries have a lot of pronounced smell as compared to peach and blueberries. The distinctive style of fruit beer makes it one of the foremost fashionable beverages among customers.

Some of the major key players in this field are Joseph James Brewing Company, Inc. (U.S.), New Belgium Brewing Company (U.S.), Brewery Ommegang (U.S.), All Saints Brewing Company (U.S.), Lindemans Brewery (Belgium), Lost Coast Brewery (U.S.), Magic Hat Brewing Company (U.S.), Shipyard Brewing Company (U.S.), Unibroue, Wells & Young’s Ltd (U.K), Brouwerij Van Honsebrouck N.V. (Belgium), and Abita Brewing Co. (U.S).

The spread of the COVID-19 disease has somehow affected the fruit beer market also. As a result, due to the border lockdowns in several countries throughout the world, the fruit beer market value was highly affected. However, the lockdowns majorly affected the manufacturing and production of such products that contain flavored items on a larger scale, thus inhibiting the fruit beer market growth

Europe is anticipated to dominate the world fruit beer market, followed by North America.

The global fruit beer market is divided by flavor, marketing, and region.