Low-Alcohol Beverages Market Is Anticipated To Reach A Value Of US$ 1.2 Billion By 2033
According to a recently published research report by Fact.MR, a provider of market research and competitive intelligence, the projected value of the global low-alcohol beverages market is US$ 1.2 billion for 2033-end. Demand for low-alcoholic beverage products is estimated to increase at a CAGR of 4.5% through 2033. Low-alcohol beverages generally refer to those drinks that have 0.05% to 1.12% of alcohol-by-volume. The changing preference toward healthy beverages is likely to stimulate lucrative opportunities in the global industry. People around the world are demanding high-quality, tastier, and healthier low-alcoholic drinks to match their health goals. As such, manufacturers are introducing new products without making any changes to the mouthfeel and taste to cater to consumer demands. In addition, increased investments by industry players to improve the quality, variety, and taste of these beverages are predicted to push market growth upwards. Download a Free ...