Improving standard of living along with shifting consumers preference towards healthier low/ zero beer and wines are anticipated to upsurge the demand for low / zero alcohol beer and wine across the globe during the forecast period. In addition, busy lifestyle, hectic schedule, and stress relieving nature of low/ zero alcohol beer and wines are projected to boost the growth low/ zero alcohol beer and wine market at a considerable rate between 2019 and 2029.
The lead analyst of the report commented "Beer and wine drinkers like to discover diverse, innovative beer and wine, and unlikely to limit themselves to one country or style. They are constantly looking for what’s next, what’s rare, what’s new, things they haven’t had before. Further, they are more adventurous and discerning than ever before. Nowadays, consumers like to have safe beers and wine so as they can function normally after having several pints. Popularity of low / zero alcohol beer and wine has increased in relation with the increased in the rate of health-conscious consumers."
Leading companies featured in the report include Anheuser-Busch InBev, Asahi Group Holdings Ltd., Carlsberg A/S, China Resources Snow Breweries Limited, Heineken N.V., J. Lohr Winery Corporation, Kirin Holdings Co Ltd, Molson Coors Brewing Company, Suntory Beverage & Food Ltd., Tsingtao Brewery Co Ltd.