Root Beer Market Size, Share & Trends Analysis Report By Product (Alcoholic, Non-alcoholic), By Type (Conventional, Diet), By Distribution Channel (On-trade, Off-trade), By Region, And Segment Forecasts, 2022 - 2030

Root Beer Market Size, Share & Trends Analysis Report By Product (Alcoholic, Non-alcoholic), By Type (Conventional, Diet), By Distribution Channel (On-trade, Off-trade), By Region, And Segment Forecasts, 2022 - 2030

Root Beer Market Growth & Trends

The global root beer market size is anticipated to reach USD 1.09 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Root beer is a North American drink that’s been traditionally made using the root bark of the sassafras tree. Sassafras was banned by the Food and Drug Administration (FDA) in 1960 owing to the presence of safrole, a carcinogenic component. Thus, most commercial root beers available in the market contain the artificial flavoring of sassafras. However, some companies, such as Hansen Beverage, use safrole-free sassafras extract to retain the authenticity of root beer.

The global market is predominantly driven by the increasing demand for low-alcoholic beverages, the growing number of hotels, restaurants, & bars, and the increasing interest of millennials in exotic and new flavored drinks globally. With the changing lifestyle of consumers across the globe and increasing disposable income levels, the demand for services like restaurants, hotels, clubs, and bars is rising. This, in turn, is expected to favor the growth of the global market over the years to come. The outbreak of Coronavirus disrupted the distribution channel and supply chain of the global market owing to the closure and restrictions on bars, restaurants, and hotels. The overall market observed a slight dip in growth in 2020.

However, the sales from off-trade channels, such as supermarkets and e-commerce, were observed high during the lockdown period. The COVID-19 pandemic shifted consumer preference for root beer over other liquors as it contains no or small amount of alcohol, which makes it a healthier option over other drinks. New product launches, mergers & acquisitions, and geographical expansion are some of the key strategies adopted by market players to strengthen their industry position. For instance, in 2018, JAB Holding Co. entered into a strategic agreement to merge with Dr. Pepper Snapple Group through its Keurig Green Mountain business unit. The merger of both the companies formed “Keurig Dr. Pepper”. The combined companies offer various products under brands, such as A&W Root Beer, 7UP, Dr. Pepper, and more.

Root Beer Market Report Highlights

  • The conventional product type segment accounted for the maximum revenue share of the global market in 2021
  • The alcoholic product segment is expected to witness the fastest CAGR over the forecast period on account of the increasing consumer inclination towards low-alcoholic drinks
  • The off-trade distribution channel segment is projected to register the fastest CAGR over the forecast period
  • Supermarkets & hypermarkets, in particular, dominated the off-trade segment in 2021. The COVID-19 pandemic increased the off-trade sales of the product
  • Europe is the second-largest regional market in the world. Countries, such as Germany, Italy, and France, are the major contributors to the regional market growth
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Chapter 1. Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources And Third-Party Perspectives
1.3.4 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Data Visualization
1.6 Data Validation and Publishing
Chapter 2. Executive Summary
2.1 Market Outlook
2.2 Product Outlook
2.3 Distribution Channel Outlook
2.4 Regional Outlook
Chapter 3. Root Beer Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Retail Chain Analysis
3.3.2 Profit Margin Analysis
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.2 Market Restraint Analysis
3.4.3 Industry Challenges
3.4.4 Industry Opportunities
3.5 Business Environment Analysis
3.5.1 Root Beer Industry Analysis - Porter’s Five Forces
3.5.1.1 Bargaining power of suppliers
3.5.1.2 Bargaining power of buyers
3.5.1.3 Competitive rivalry
3.5.1.4 Threat of substitutes
3.5.1.5 Threat of new entrants
Chapter 4. COVID-19 Impact Analysis
4.1 Impact of COVID-19 on Global Root Beer Market
Chapter 5. Consumer Behavior Analysis
5.1 Demographic Analysis
5.2 Consumer Trends & Preferences
5.3 Factors Affecting Buying Decision
5.4 Consumer Product Adoption
5.5 Observations & Recommendations
Chapter 6. Root Beer Market: Product Estimates & Trend Analysis
6.1 Product Movement Analysis & Market Share, 2021 & 2030
6.2 Alcoholic
6.2.1 Alcoholic Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3 Non-Alcoholic
6.3.1 Non-Alcoholic Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 7. Root Beer Market: Type Estimates & Trend Analysis
7.1 Type Movement Analysis & Market Share, 2021 & 2030
7.2 Conventional
7.2.1 Conventional Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3 Diet
7.3.1 Diet Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 8. Root Beer Market: Distribution Channel Estimates & Trend Analysis
7.1 Distribution Channel Movement Analysis & Market Share, 2021 & 2030
7.2 On-trade
7.2.1 Root Beer Market Estimates And Forecast, For On-Trade, 2017 - 2030 (USD Million)
7.3 Off-Trade
7.3.1 Root Beer Market Estimates And Forecast, For Off-Trade, 2017 - 2030 (USD Million)
Chapter 9. Root Beer Market: Regional Estimates & Trend Analysis
8.1 Regional Movement Analysis & Market Share, 2021 & 2030
8.2 North America
8.2.1 North America Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
8.2.2 North America Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
8.2.3 North America Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
8.2.4 North America Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
8.2.5 U.S.
8.2.5.1 U.S. root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.2.5.2 U.S. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.2.5.3 U.S. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.2.5.4 U.S. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3 Europe
8.3.1 Europe Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
8.3.2 Europe Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
8.3.3 Europe Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
8.3.4 Europe Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
8.3.5 U.K.
8.3.5.1 U.K. root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.3.5.2 U.K. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.3.5.3 U.K. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.5.4 U.K. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.6 Germany
8.3.6.1 Germany root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.3.6.2 Germany root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.3.6.3 Germany root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.6.4 Germany root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
8.4.2 Asia Pacific Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
8.4.3 Asia Pacific Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
8.4.4. Asia Pacific Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
8.4.5 China
8.4.5.1 China root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.4.5.2 China root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.4.5.3 China root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.5.4 China root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4.6 Japan
8.4.6.1 Japan root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.4.6.2 Japan root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.4.6.3 Japan root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.6.4 Japan root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4.7 Australia
8.4.7.1 Australia root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.4.7.2 Australia root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.4.7.3 Australia root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.7.4 Australia root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.5 Central & South America
8.5.1 Central & South America Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
8.5.2 Central & South America Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
8.5.3 Central & South America Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
8.5.4. Central & South America Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
8.5.5 Brazil
8.5.5.1 Brazil root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.5.5.2 Brazil root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.5.5.3 Brazil root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.5.5.4 Brazil root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.6 Middle East & Africa
8.6.1 Middle East & Africa Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
8.6.2 Middle East & Africa Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
8.6.3 Middle East & Africa Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
8.6.4 Middle East & Africa Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
8.6.5 South Africa
8.6.5.1 South Africa root beer market estimates and forecast, 2017 - 2030 (USD Million)
8.6.5.2 South Africa root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
8.6.5.3 South Africa root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.6.5.4 South Africa root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 10. Root Beer Market: Competitive and Vendor Analysis
9.1 Key Global Players, Recent Developments, And Their Impact on The Industry
9.2 Key Company Categorization
9.2.1 List Of Few Market Players
9.3 Vendor Landscape
9.3.1 Heat Map Analysis, 2021
Chapter 11. Company Profiles
11.1. Keurig Dr Pepper
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Strategic Initiatives
11.2. Anheuser-Busch Companies, LLC.
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4. Strategic Initiatives
11.3. Blitz-Weinhard Brewing Co.
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Benchmarking
11.3.4. Strategic Initiatives
11.4. Dad's Root Beer
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Strategic Initiatives
11.5. Sprecher Brewing Co. Inc.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Strategic Initiatives
11.6. The Berghoff
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Strategic Initiatives
11.7. BUNDABERG BREWED DRINKS
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Strategic Initiatives
11.8. Whole Foods Market IP, L.P.
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Strategic Initiatives

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