Root Beer Market By Form (Carbonated & Non-carbonated), By Type (Alcoholic & Non-Alcoholic), By Flavor (Vanilla, Nutmeg, sweet birch, Wintergreen, Molasses, Cherry tree husk, & Others), By Distribution Channel (Off-trade facilities (Specialty stores, Supermarkets, liquor shops, & e-commerce), On-trade channels (restaurants, hotels, bars, clubs, & others) - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: FBR 72248 Report Format: PDF + Excel

Root Beer Market Overview

Global Root Beer Market size is estimated to reach $935.6 million by 2027, growing at a CAGR of 4.7% during the forecast period 2022-2027. Root beer can be delineated as a North American origin caffeine-free soft drink derived from sassafras roots. This light and crispy drink is frequently flavored with several herbs and roots such as dandelion root, spikenard roots, vanilla beans, cinnamon, honey, licorice root, blackberry bark, etc. The beer comes in Alcoholic as well as non-alcoholic forms. Traditionally produced root beer possesses nearly 2 percent alcohol by volume; however, extra alcohol is introduced several times to impart a solid alcoholic aroma. Owing to the presence of high-fructose corn syrup, root beer contains a plethora of sugar which has drawn the eyes of millennials across the globe. Moreover, the variety of flavor options, a growing number of hospitality venues such as restaurants, cafes, bars, increasing population, spiraling western influence in developing nations, budding disposable incomes, and rising trend of visiting pubs and discos among the younger generation are the factors set to drive the growth of the Global Root Beer Market for the period 2022-2027.

Report Coverage

The report: “Global Root Beer Market Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the Global Root Beer Market.

By Form: Carbonated and Non-carbonated.
By Type: Alcoholic and Non-Alcoholic.
By Flavor: Vanilla, Nutmeg, sweet birch, Wintergreen, Molasses, Cherry tree husk, and Others.
By Distribution Channel: Off-trade facilities (Specialty stores, Supermarkets, liquor shops, and e-commerce), On-trade channels (restaurants, hotels, bars, clubs, and others).
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

  • The North America Global Root Beer Market accounted for the highest revenue share in 2021. The growth is owing to high demand as the drink is native to the region, high GDP per capita, independent lifestyles of millennials, better retail network, and the high number of bars and nightclubs.
  • The growing trend of nightlife in developing countries with heightening western influence, rising disposable incomes, several flavor options, low ABV content, and augmenting number of bars and nightclubs are said to be preeminent drivers driving the growth of the Global Root Beer Market. Deteriorated production and supply chain and excess health complications of root beer consumption reduce market growth.

  • Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Root Beer Market report. 

Global Root Beer Market: Market Share (%) by region, 2021

Global Root Beer Market

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Root Beer Market Segment Analysis-By Type

The Global Root Beer Market, based on type, can be further segmented into alcoholic and non-alcoholic drinks. The non-alcoholic segment held the largest share in 2021. The growth is owing to exceptional taste and enlarging demand by millennials. Non-alcoholic beverages have been thrust into the limelight in America since the 19th century’s prohibition period. The root beers are generally non-alcoholic and deemed soft drinks as they contain little to no alcohol by volume content of around 0.5 to 2 percent.

Nevertheless, the non-alcoholic segment is estimated to be the fastest-growing segment, with a CAGR of 5.5% over the forecast period 2022-2027. This growth is owing to authenticity and lower chances of health complications than alcoholic root beers. Moreover, non-alcoholic root beer can help alcoholics sublimate their cravings for alcohol because both alcoholic and non-alcoholic share the same aroma and taste. It is impossible to differentiate both from one another.

Root Beer Market Segment Analysis-By Distribution Channel

The Global Root Beer Market, based on distribution channel, can be further segmented into Off-trade facilities (Specialty stores, Supermarkets, liquor shops, and e-commerce), On-trade channels (restaurants, hotels, bars, clubs, and others). The off-trade segment held the largest share in 2021. Off-trade channels like liquors shops enjoy a monopoly in underdeveloped areas due to the lack of adequate infrastructure where e-commerce and modern retail outlets like supermarkets cannot function. Moreover, supermarkets and specialty stores have across-the-board existence in urban areas, and busy shoppers always prefer these outlets as they offer a one-stop solution. In addition to that, they also extend discounts and other luring schemes that act as a potent trigger.

Nevertheless, the Off-trade segment and on-trade are estimated to be the fastest-growing, with a CAGR of 5.7% over the forecast period 2022-2027. This growth is owing to the resumption of services by on-trade channels as the pandemic is almost eradicated. Additionally, the ameliorating infrastructure of both on-trade and off-trade facilities in densely packed low-income countries is supplementing the market growth.

Root Beer Market Segment Analysis-By Geography

The Global Root Beer Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held the largest share, with 36% of the overall market in 2021. The growth in this segment is owing to the factors such as deep-rooted infrastructure of on-trade and off-trade facilities, a high number of bars and nightclubs in developed countries like Canada and the US, the increased popularity of root beer is native to the region, the increased trend of beer consumption among millennials, appealing disposable income, and easy-going environment and rules when it comes to beer consumption are the prominent factors propelling the market growth in the said region. However, Asia-Pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to proliferating population, a high number of young people, augmenting western-influence among youngsters, improving disposable incomes with spiraling economic affluence. In addition to that, ameliorating infrastructures such as the presence of cafes, appealing bars, and nightclubs are other factors gravitating people toward them. In addition, mounting demand for drinks with very low alcohol by volume content has its fair share behind the increasing popularity of root beer.

Root Beer Market Drivers

Growing living standards because of rapid migration and better GDP per capita, the availability of various flavors is anticipated to boost market demand.

As of 2022, more than 50 percent (4.46 billion) of the world's population resides in urban areas. Nevertheless, 2/3rd (over 6 billion people) of the total world population is projected to migrate toward cities by 2050. With growing urbanization, people's living standards improve, making more demand for soft drinks like root beers. Also, growth in per capita in developing countries has its fair share in supplementing the market's growth above. For instance, compared to 2020, Indonesia’s GDP per capita in 2022 has grown to $4500 from $3920, whereas China's GDP per capita reached over $12,000 in 2021. In addition to that, the availability of tons of flavors has drawn the attention of millions across the globe.

The growing trend of nightlife and expanding presence of breweries, nightclubs, and pubs are expected to boost market demand.

According to a recent report, with a 1.3% expansion in 2021, the number of liquor stores in the US reached around 43000; moreover, with a slight increase from the previous year, the number of breweries in the US came to over 9000 in 2021. A report claimed that there are more than 60,000 bars and nightclubs in the US as of 2021. The number is expected to increase further in the foreseeable future. In addition to that, the growing trend of nightlife among the younger generation in both developed and developing worlds has its fair contribution to driving the market forward.

Root Beer Market Challenges

The surfeit of health problems accompanied by root beer consumption is anticipated to hamper the market growth.

As root beer includes a high amount of sugar, it may compromise people’s health and set severe health complications such as insomnia and tooth decay in motion. Due to a high amount of high fructose corn syrup (HFCS), root beer leads to diabetes and weight gain. According to International Diabetes Federation, in 2021, there were nearly 537 million cases of diabetes; moreover, patients are likely to reach 643 million by the year 2030. Therefore, people are turning more health-conscious and avoiding the drinks like root beer. Furthermore, mercury in HFCS deteriorates the body's immune system and crucial organs. The presence of sweeteners like Aspartame leads to rapid mood swings, irritation, and depression. In addition to that, several studies have proven that the caramel color of root beer causes life-threatening complications like cancer.

Root Beer Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies for players in the market. Global Root Beer market top 10 companies include-

  1.  Keurig Dr. Pepper Inc
  2. Boylan Bottling
  3. Best Damn Brewing co
  4. Rhineland Brewing Co
  5. Sprecher Brewing Co
  6. Berghoff Beer
  7. Blitz-Weinhard Brewing Co
  8. The Dad's Root Beer Company
  9. Anheuser-Busch InBev
  10. Mill Street Brew Hall

Recent Developments

  • On October 27, 2021, Wisconsin, United States-based brewing company “Sprecher Brewing” announced that it had successfully acquired six soda brands from a US-based WIT Beverage company. The company did not disclose the financials of the deal. In addition to that, the transaction has added WBC craft Soda, Black Bear, Green River, and 3 Others to Sprecher’s portfolio; moreover, the acquisition has expanded the companies’ presence outside the Midwest.
  • On September 30, 2020, Leuven, Belgium-based well-known drinks and brewing firm “Anheuser-Busch InBev” announced the successful acquisition of Oregon, United States-based brewing company “Crat Brew Alliance.” Anheuser has bought nearly 68.8 percent of the majority stake in Craft Brew Alliance.
  • On August 7, 2019, Anheuser-Busch InBev (a Belgium-based multinational brewing company) publicized that it had successfully acquired Ohio, United-States-based renowned beer manufacturer “Platform Beer Company.” The company did not disclose the financials of the acquisition.

Relevant Links:

Report Code: FBR 0245

Report Code: FBR 56676

Report Code: FBR 57909

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1. Root Beer Market- Overview
    1.1 Definitions and Scope
2. Root Beer Market- Executive Summary
3. Root Beer Market- Comparative Analysis
    3.1 Company Benchmarking
    3.2 Global Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Root Beer Market- Start-up Companies Scenario Premium
    4.1 Key Start-up Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Root Beer Market– Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index-Global
    5.3 Case Studies of Successful Ventures
6. Root Beer Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Root Beer Market– By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Root Beer Market - By Form (Market Size –$Million/$Billion) 
    8.1 Carbonated
    8.2 Non-carbonated
9. Root Beer Market – By Type (Market Size –$Million/$Billion) 
    9.1 Alcoholic
    9.2 Non-Alcoholic
10. Root Beer Market – By Flavor (Market Size –$Million/$Billion) 
    10.1 Vanilla
    10.2 Nutmeg
    10.3 Sweet birch
    10.4 Wintergreen
    10.5 Molasses
    10.6 Cherry tree husk
    10.7 Others
11. Root Beer Market – By Distribution Channel (Market Size –$Million/$Billion) 
    11.1 Off-trade facilities (Specialty stores, Supermarkets, liquor shops, and e-commerce)
    11.2 On-trade channels (restaurants, hotels, bars, clubs, and others)
12. Root Beer Market- By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico 
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific 
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Rest of South America
    12.5 Rest of World
        12.5.1 Middle East
        12.5.2 Africa
13. Root Beer Market- Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Root Beer Market– Industry Competition Landscape (Premium)
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Countries – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Root Beer Market– Key Company List by Country Premium (Premium)
16. Root Beer Market- Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies."

LIST OF TABLES

1.Global Key Manufacturers Market 2019-2024 ($M)
1.1 Craft Market 2019-2024 ($M) - Global Industry Research
1.2 AW; Restaurants Market 2019-2024 ($M) - Global Industry Research
1.3 Sage Mixology company Market 2019-2024 ($M) - Global Industry Research
1.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Global Industry Research
1.5 Crazy Uncle Market 2019-2024 ($M) - Global Industry Research
1.6 Mill Street Brew Hall Market 2019-2024 ($M) - Global Industry Research
1.7 Rhineland Brewing Market 2019-2024 ($M) - Global Industry Research
1.8 Best Damn Brewing Market 2019-2024 ($M) - Global Industry Research
2.Global Market by Type Market 2019-2024 ($M)
2.1 Alcoholic Root Beer Market 2019-2024 ($M) - Global Industry Research
2.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Global Industry Research
3.Global Key Manufacturers Market 2019-2024 (Volume/Units)
3.1 Craft Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 AW; Restaurants Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Sage Mixology company Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Dr Pepper Snapple Group Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Crazy Uncle Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 Mill Street Brew Hall Market 2019-2024 (Volume/Units) - Global Industry Research
3.7 Rhineland Brewing Market 2019-2024 (Volume/Units) - Global Industry Research
3.8 Best Damn Brewing Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Market by Type Market 2019-2024 (Volume/Units)
4.1 Alcoholic Root Beer Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Non-alcoholic Root Beer Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Key Manufacturers Market 2019-2024 ($M)
5.1 Craft Market 2019-2024 ($M) - Regional Industry Research
5.2 AW; Restaurants Market 2019-2024 ($M) - Regional Industry Research
5.3 Sage Mixology company Market 2019-2024 ($M) - Regional Industry Research
5.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
5.5 Crazy Uncle Market 2019-2024 ($M) - Regional Industry Research
5.6 Mill Street Brew Hall Market 2019-2024 ($M) - Regional Industry Research
5.7 Rhineland Brewing Market 2019-2024 ($M) - Regional Industry Research
5.8 Best Damn Brewing Market 2019-2024 ($M) - Regional Industry Research
6.North America Market by Type Market 2019-2024 ($M)
6.1 Alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
6.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
7.South America Key Manufacturers Market 2019-2024 ($M)
7.1 Craft Market 2019-2024 ($M) - Regional Industry Research
7.2 AW; Restaurants Market 2019-2024 ($M) - Regional Industry Research
7.3 Sage Mixology company Market 2019-2024 ($M) - Regional Industry Research
7.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
7.5 Crazy Uncle Market 2019-2024 ($M) - Regional Industry Research
7.6 Mill Street Brew Hall Market 2019-2024 ($M) - Regional Industry Research
7.7 Rhineland Brewing Market 2019-2024 ($M) - Regional Industry Research
7.8 Best Damn Brewing Market 2019-2024 ($M) - Regional Industry Research
8.South America Market by Type Market 2019-2024 ($M)
8.1 Alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
8.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
9.Europe Key Manufacturers Market 2019-2024 ($M)
9.1 Craft Market 2019-2024 ($M) - Regional Industry Research
9.2 AW; Restaurants Market 2019-2024 ($M) - Regional Industry Research
9.3 Sage Mixology company Market 2019-2024 ($M) - Regional Industry Research
9.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
9.5 Crazy Uncle Market 2019-2024 ($M) - Regional Industry Research
9.6 Mill Street Brew Hall Market 2019-2024 ($M) - Regional Industry Research
9.7 Rhineland Brewing Market 2019-2024 ($M) - Regional Industry Research
9.8 Best Damn Brewing Market 2019-2024 ($M) - Regional Industry Research
10.Europe Market by Type Market 2019-2024 ($M)
10.1 Alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
10.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
11.APAC Key Manufacturers Market 2019-2024 ($M)
11.1 Craft Market 2019-2024 ($M) - Regional Industry Research
11.2 AW; Restaurants Market 2019-2024 ($M) - Regional Industry Research
11.3 Sage Mixology company Market 2019-2024 ($M) - Regional Industry Research
11.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
11.5 Crazy Uncle Market 2019-2024 ($M) - Regional Industry Research
11.6 Mill Street Brew Hall Market 2019-2024 ($M) - Regional Industry Research
11.7 Rhineland Brewing Market 2019-2024 ($M) - Regional Industry Research
11.8 Best Damn Brewing Market 2019-2024 ($M) - Regional Industry Research
12.APAC Market by Type Market 2019-2024 ($M)
12.1 Alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
12.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
13.MENA Key Manufacturers Market 2019-2024 ($M)
13.1 Craft Market 2019-2024 ($M) - Regional Industry Research
13.2 AW; Restaurants Market 2019-2024 ($M) - Regional Industry Research
13.3 Sage Mixology company Market 2019-2024 ($M) - Regional Industry Research
13.4 Dr Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
13.5 Crazy Uncle Market 2019-2024 ($M) - Regional Industry Research
13.6 Mill Street Brew Hall Market 2019-2024 ($M) - Regional Industry Research
13.7 Rhineland Brewing Market 2019-2024 ($M) - Regional Industry Research
13.8 Best Damn Brewing Market 2019-2024 ($M) - Regional Industry Research
14.MENA Market by Type Market 2019-2024 ($M)
14.1 Alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research
14.2 Non-alcoholic Root Beer Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Root Beer Market Revenue, 2019-2024 ($M)
2.Canada Global Root Beer Market Revenue, 2019-2024 ($M)
3.Mexico Global Root Beer Market Revenue, 2019-2024 ($M)
4.Brazil Global Root Beer Market Revenue, 2019-2024 ($M)
5.Argentina Global Root Beer Market Revenue, 2019-2024 ($M)
6.Peru Global Root Beer Market Revenue, 2019-2024 ($M)
7.Colombia Global Root Beer Market Revenue, 2019-2024 ($M)
8.Chile Global Root Beer Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Root Beer Market Revenue, 2019-2024 ($M)
10.UK Global Root Beer Market Revenue, 2019-2024 ($M)
11.Germany Global Root Beer Market Revenue, 2019-2024 ($M)
12.France Global Root Beer Market Revenue, 2019-2024 ($M)
13.Italy Global Root Beer Market Revenue, 2019-2024 ($M)
14.Spain Global Root Beer Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Root Beer Market Revenue, 2019-2024 ($M)
16.China Global Root Beer Market Revenue, 2019-2024 ($M)
17.India Global Root Beer Market Revenue, 2019-2024 ($M)
18.Japan Global Root Beer Market Revenue, 2019-2024 ($M)
19.South Korea Global Root Beer Market Revenue, 2019-2024 ($M)
20.South Africa Global Root Beer Market Revenue, 2019-2024 ($M)
21.North America Global Root Beer By Application
22.South America Global Root Beer By Application
23.Europe Global Root Beer By Application
24.APAC Global Root Beer By Application
25.MENA Global Root Beer By Application