Leading Root Beer Product Markets Databank
The Root Beer market was valued at $728.2 Million in 2020, and is projected to reach $1,990.8 Million by 2029 growing at a CAGR of 11.87% from 2021 to 2029. Non-alcoholic segment is expected to be the highest contributor to this market, with $633.1 Million in 2020, and is anticipated to reach $1,737.2 Million by 2029, registering a CAGR of 11.92%. Non-alcoholic and Alcoholic segments are expected to witness significant growth rates at a CAGR of 11.92% and 11.57% respectively, during the forecast period.
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