ID: MRFR/F-B & N/5678-CR | 105 Pages | Published By Pradeep Nandi on February 2021
Gluten-free Beer Market is proposed to exceed the value of USD 1135.7 Billion while expanding at a CAGR of 14.9% by 2027.
The gluten free beer market is expected to grow at a swift speed, with a CAGR of 14.9% in the coming years. The market value is anticipated to reach around USD 1135.7 Mn by the end of 2027. Moreover, the gluten free beer market may witness a CAGR of about 12% by volume in the years to come.
Beer is a common type of alcohol, which may be a lot more debilitating to the health than it may seem. Gluten is often an important component of beer. It causes various health issues and even allergies in some people. Hence, avoiding gluten in your drink is very crucial. Therefore gluten-free beer is gaining popularity across the globe.
Beer can be produced from many ingredients such as barley, rye, or cider. However, only some sources offer gluten-free beers. Hence, the rest of them need processing to erase the traces of gluten in them. Moreover, some beer types may contain negligible amounts of gluten and still be labeled as ‘gluten-free’. This is because governments often approve very little gluten traces since they may not have any adverse effects on the consumer.
Covid-19 Analysis of Gluten Free Beer Market
The impact of Covid-19 has debilitated most small and large-scale businesses alike. Due to the lockdown and the need for physical distancing, many businesses have been forced to shut down. Gluten free beer market was one of the industries that saw a decline in its profit and market size. However, it is expected to recover its revenue in the coming years.
The pandemic situation seems to fade with time. Most businesses will be able to revive their profit soon. Hence, when that happens, the gluten-beer industry too will see tremendous growth in its market size. The awareness among the global population and availability of gluten-free beer is leading to its growth despite the pandemic.
Gluten Free Beer Market Dynamics
A few factors may drive the growth of the gluten-free beer market. The most important among them is Celiac disease, caused by the excessive consumption of gluten. This disease was initially only prevalent in Europe. People are growing aware of the disease and other health issues caused by the intake of gluten. Moreover, many are switching to healthier diet habits and wish to stay away from gluten. Hence, these factors may contribute to the gluten free beer market growth.
The demand for gluten-free food & beverage products is increasing around the globe. However, so many breweries that offer gluten-free beer have found their way into the market. This has resolved the irregularities in the demand-supply chain. Moreover, breweries are experimenting and coming up with innovative beer options that have no gluten. They are also promoting gluten-free beer very well in the 9888. Hence, these factors may provide opportunities for gluten free beer sales.
Some factors may inhibit the growth of the gluten-less beer market. The most important factor among them is the fact that gluten-free beer is highly expensive. Moreover, the guidelines regarding licensing are also very strict. Hence, they may hinder market growth.
There may be factors that may challenge the beer manufacturing companies and breweries. The taste of gluten-free beer may not be likable to the consumers. Very often, gluten adds a powerful taste to the malt beverage. Hence, it may challenge the beer manufacturers and breweries in the long time run. This issue can be overcome by spreading awareness about the beer’s benefits and innovation in the beverage.
Cumulative Growth Analysis
The gluten free beer market is expected to see enormous growth over the forecast period (2020 – 2027). The market is expected to grow at a swift speed, with a CAGR of 14.9% in the coming years. The market value is anticipated to reach around USD 1135.7 million by the end of 2027. Moreover, the global market may witness a CAGR of about 12% by volume in the forecast years.
Value Chain Analysis
Beer can be manufactured from a wide range of ingredients, such as barley, rye, sorghum, wheat, rice, buckwheat, or cider. However, only a few beer types are naturally gluten-free. Others need to be processed to exclude the traces of gluten from the drink. This processed beer is often healthier for consumption and reduces the risk of health issues such as Celiac disease. This type of beer is easily available now, due to the increased number of breweries in the market. Hence, the gluten free beer market may witness substantial growth.
Gluten Free Beer Market Segment Overview
The gluten free beer world market is divided into various segments such as by type and packaging. Given below are the important gluten free beer market segments:
Gluten Free Beer Market Regional Analysis
The regional analysis of the gluten free beer market is divided into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa during the forecast period 2020 to 2027. . The North American region includes Canada, the US, and Mexico. Europe is composed of Italy, Spain, the UK, France, Germany, and others. Likewise, the Asia Pacific region comprises China, India, Indonesia, New Zealand, Australia, Japan, and others.
Among them, Europe accounts for the highest gluten free beer market share. This is because most beer consumers belong to the European region. It also forms around 45.7% of the total gluten free beer market size. North America comes next and is followed by the Asia Pacific region in market share. However, Asia Pacific may witness the fastest growth among all regions.
The gluten free beer market is dominated by a few important companies. They are the key companies that offer beer that is either completely free of gluten or with meager amounts of gluten. These beer manufacturing companies account for most of the market profit. They do so by implementing various market trends, such as assorted types of beer.
This report compiles all information about the growth of the global gluten free beer market over the forecast period. There are different sections presented that help to get full-fledged information such as opportunities, challenges, drivers, Covid-19 analysis, regional analysis, competitive landscape, and others. All the information is gathered from reliable primary and secondary sources to provide the expected details of the gluten free beer market analysis.
|Market Size||USD 1135.7 Million|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Type, Packaging, and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Brasserie De Brunehaut S.A. (Belgium), Bellfield Brewery Ltd. (UK), Joseph James Brewing Company, Inc. (US), New Belgium Brewing Company, Inc. (US), Ground Breaker Brewing and Gastropub (US), Omission Brewing Co. (US), Whistler Brewing Company (Canada)|
|Key Market Opportunities||Increasing demand for gluten-free food & beverage products|
|Key Market Drivers||Increasing incidence of gluten-intolerance, Shift in consumer's eating habits, Easy availability of gluten-free beer|
The study period of the global gluten free beer market is 2020-2027.
The global gluten free beer market is growing at a CAGR of 14.9% over the forecast period.
Brasserie De Brunehaut S.A. (Belgium), Bellfield Brewery Ltd. (UK), Joseph James Brewing Company, Inc. (US), New Belgium Brewing Company, Inc. (US), Ground Breaker Brewing and Gastropub (US), Omission Brewing Co. (US), Whistler Brewing Company (Canada) are key players of the gluten free beer market.
Europe can dominate in the global gluten free beer market till 2027.