GCC Non-Alcoholic Beer Market Witness Highest Growth AT a CAGR of 7.74% by 2030



Introduction

The GCC Non-Alcoholic Beer Market is experiencing a dynamic shift, driven by technological advancements, evolving consumer preferences, and changing economic landscapes. This market has become a focal point for stakeholders, including manufacturers, suppliers, and investors, who are keen on exploring growth opportunities in this evolving industry. As businesses strive to adapt to these changes, understanding the market's key drivers, segmentation, and regional dynamics becomes crucial. This blog provides an in-depth analysis of the GCC Non-Alcoholic Beer Market, examining the market overview, dynamics, segment analysis, and regional projections.

Market Overview

The GCC Non-Alcoholic Beer market is projected to grow at a CAGR of around 7.74% during the forecast period, i.e., 2024-30. The major factor contributing to the market growth is the rising awareness among individuals regarding the health benefits of non-alcoholic beer, which contains several polyphenols like polyphenol xanthohumol, a hop-derived molecule that helps in several cardiovascular health conditions and improves blood pressure, inflammation, and homocysteine levels.

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GCC Non-Alcoholic Beer Market Dynamics

Several dynamics are shaping the GCC Non-Alcoholic Beer Market. On the demand side, the growing consumer focus on quality and sustainability is driving the need for advanced solutions. On the supply side, market players are intensifying competition by launching innovative products and expanding their geographic presence.

GCC Non-Alcoholic Beer Market Driver:

Growing Inclination of GCC Countries to Host Recreational Activities & Events - The rising hosting of exhibitions, sports, recreational facilities, shopping festivals, etc., across countries like the UAE, Saudi Arabia, etc., has been enhancing the consumption of non-alcoholic beer at these events. Several cities like Dubai, one of the famous tourism hubs, host various events every year, like the Dubai shopping festival, Emirates Airline Festival of Literature, Dubai Jazz Festival, Dubai Desert Classic, Dubai Food Festival, Dubai World Cup, etc. Therefore, with the growing number of events across countries like the UAE, Saudi Arabia, etc., the tourism & hospitality sectors witness a considerable boost.

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GCC Non-Alcoholic Beer Market Segment Analysis

The GCC Non-Alcoholic Beer Market is segmented based on:

By Flavor

·         Flavored- Market Size & Forecast 2019-2030, USD Million & Million Liters

·         Unflavored- Market Size & Forecast 2019-2030, USD Million & Million Liters

By Sales Channel

·         Retail Offline- Market Size & Forecast 2019-2030, USD Million & Million Liters

·         Online- Market Size & Forecast 2019-2030, USD Million & Million Liters

By Packaging

·         Glass Bottles- Market Size & Forecast 2019-2030, USD Million & Million Liters

·         Metal Can- Market Size & Forecast 2019-2030, USD Million & Million Liters

By Concentration

·         < 0.5% ABV- Market Size & Forecast 2019-2030, USD Million & Million Liters

·         0.5% ABV- Market Size & Forecast 2019-2030, USD Million & Million Liters

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GCC Non-Alcoholic Beer Market Regional Projection

The GCC Non-Alcoholic Beer Market shows varied growth patterns across different regions:

By Country

·         The UAE

·         Saudi Arabia

·         Oman

·         Kuwait

·         Bahrain

·         Qatar

Key Players in the Market

Several key players dominate the GCC Non-Alcoholic Beer market, each striving to capture a larger share through product innovation, strategic partnerships, and expansion. Leading players include:

·         Aujan Group Holding

·         Anheuser-Busch InBev

·         Heineken N.V.

·         Clausthaler

·         ERDINGER Weißbräu.

·         Mahmood Saeed

·         Moussy

·         Others

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