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Root Beer Market Size, Share & Trends Analysis Report By Product (Alcoholic, Non-alcoholic), By Type (Conventional, Diet), By Distribution Channel (On-trade, Off-trade), By Region, And Segment Forecasts, 2022 - 2030

March 2022 | 80 pages | ID: R8713AB0F8DCEN
Grand View Research, Inc.

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Root Beer Market Growth & Trends

The global root beer market size is anticipated to reach USD 1.09 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Root beer is a North American drink that’s been traditionally made using the root bark of the sassafras tree. Sassafras was banned by the Food and Drug Administration (FDA) in 1960 owing to the presence of safrole, a carcinogenic component. Thus, most commercial root beers available in the market contain the artificial flavoring of sassafras. However, some companies, such as Hansen Beverage, use safrole-free sassafras extract to retain the authenticity of root beer.

The global market is predominantly driven by the increasing demand for low-alcoholic beverages, the growing number of hotels, restaurants, & bars, and the increasing interest of millennials in exotic and new flavored drinks globally. With the changing lifestyle of consumers across the globe and increasing disposable income levels, the demand for services like restaurants, hotels, clubs, and bars is rising. This, in turn, is expected to favor the growth of the global market over the years to come. The outbreak of Coronavirus disrupted the distribution channel and supply chain of the global market owing to the closure and restrictions on bars, restaurants, and hotels. The overall market observed a slight dip in growth in 2020.

However, the sales from off-trade channels, such as supermarkets and e-commerce, were observed high during the lockdown period. The COVID-19 pandemic shifted consumer preference for root beer over other liquors as it contains no or small amount of alcohol, which makes it a healthier option over other drinks. New product launches, mergers & acquisitions, and geographical expansion are some of the key strategies adopted by market players to strengthen their industry position. For instance, in 2018, JAB Holding Co. entered into a strategic agreement to merge with Dr. Pepper Snapple Group through its Keurig Green Mountain business unit. The merger of both the companies formed “Keurig Dr. Pepper”. The combined companies offer various products under brands, such as A&W Root Beer, 7UP, Dr. Pepper, and more.

Root Beer Market Report Highlights
  • The conventional product type segment accounted for the maximum revenue share of the global market in 2021
  • The alcoholic product segment is expected to witness the fastest CAGR over the forecast period on account of the increasing consumer inclination towards low-alcoholic drinks
  • The off-trade distribution channel segment is projected to register the fastest CAGR over the forecast period
  • Supermarkets & hypermarkets, in particular, dominated the off-trade segment in 2021. The COVID-19 pandemic increased the off-trade sales of the product
  • Europe is the second-largest regional market in the world. Countries, such as Germany, Italy, and France, are the major contributors to the regional market growth
CHAPTER 1. METHODOLOGY AND SCOPE

1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
  1.3.1 Purchased Database
  1.3.2 Gvr’s Internal Database
  1.3.3 Secondary Sources And Third-Party Perspectives
  1.3.4 Primary Research
1.4 Information Analysis
  1.4.1 Data Analysis Models
1.5 Market Formulation & Data Visualization
1.6 Data Validation and Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Product Outlook
2.3 Distribution Channel Outlook
2.4 Regional Outlook

CHAPTER 3. ROOT BEER MARKET VARIABLES, TRENDS, & SCOPE

3.1 Market Lineage Outlook
  3.1.1 Parent Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
  3.3.1 Retail Chain Analysis
  3.3.2 Profit Margin Analysis
3.4 Market Dynamics
  3.4.1 Market Driver Analysis
  3.4.2 Market Restraint Analysis
  3.4.3 Industry Challenges
  3.4.4 Industry Opportunities
3.5 Business Environment Analysis
  3.5.1 Root Beer Industry Analysis - Porter’s Five Forces
    3.5.1.1 Bargaining power of suppliers
    3.5.1.2 Bargaining power of buyers
    3.5.1.3 Competitive rivalry
    3.5.1.4 Threat of substitutes
    3.5.1.5 Threat of new entrants

CHAPTER 4. COVID-19 IMPACT ANALYSIS

4.1 Impact of COVID-19 on Global Root Beer Market

CHAPTER 5. CONSUMER BEHAVIOR ANALYSIS

5.1 Demographic Analysis
5.2 Consumer Trends & Preferences
5.3 Factors Affecting Buying Decision
5.4 Consumer Product Adoption
5.5 Observations & Recommendations

CHAPTER 6. ROOT BEER MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

6.1 Product Movement Analysis & Market Share, 2021 & 2030
6.2 Alcoholic
  6.2.1 Alcoholic Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3 Non-Alcoholic
  6.3.1 Non-Alcoholic Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)

CHAPTER 7. ROOT BEER MARKET: TYPE ESTIMATES & TREND ANALYSIS

7.1 Type Movement Analysis & Market Share, 2021 & 2030
7.2 Conventional
  7.2.1 Conventional Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3 Diet
  7.3.1 Diet Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)

CHAPTER 8. ROOT BEER MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

7.1 Distribution Channel Movement Analysis & Market Share, 2021 & 2030
7.2 On-trade
  7.2.1 Root Beer Market Estimates And Forecast, For On-Trade, 2017 - 2030 (USD Million)
7.3 Off-Trade
  7.3.1 Root Beer Market Estimates And Forecast, For Off-Trade, 2017 - 2030 (USD Million)

CHAPTER 9. ROOT BEER MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

8.1 Regional Movement Analysis & Market Share, 2021 & 2030
8.2 North America
  8.2.1 North America Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
  8.2.2 North America Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
  8.2.3 North America Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
  8.2.4 North America Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
  8.2.5 U.S.
    8.2.5.1 U.S. root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.2.5.2 U.S. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.2.5.3 U.S. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.2.5.4 U.S. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3 Europe
  8.3.1 Europe Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
  8.3.2 Europe Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
  8.3.3 Europe Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
  8.3.4 Europe Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
  8.3.5 U.K.
    8.3.5.1 U.K. root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.3.5.2 U.K. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.3.5.3 U.K. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.3.5.4 U.K. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  8.3.6 Germany
    8.3.6.1 Germany root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.3.6.2 Germany root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.3.6.3 Germany root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.3.6.4 Germany root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4 Asia Pacific
  8.4.1 Asia Pacific Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
  8.4.2 Asia Pacific Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
  8.4.3 Asia Pacific Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
  8.4.4. Asia Pacific Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
  8.4.5 China
    8.4.5.1 China root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.4.5.2 China root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.4.5.3 China root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.4.5.4 China root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  8.4.6 Japan
    8.4.6.1 Japan root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.4.6.2 Japan root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.4.6.3 Japan root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.4.6.4 Japan root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  8.4.7 Australia
    8.4.7.1 Australia root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.4.7.2 Australia root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.4.7.3 Australia root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.4.7.4 Australia root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.5 Central & South America
  8.5.1 Central & South America Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
  8.5.2 Central & South America Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
  8.5.3 Central & South America Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
  8.5.4. Central & South America Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
  8.5.5 Brazil
    8.5.5.1 Brazil root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.5.5.2 Brazil root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.5.5.3 Brazil root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.5.5.4 Brazil root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.6 Middle East & Africa
  8.6.1 Middle East & Africa Root Beer Market Estimates And Forecast, 2017 - 2030 (USD Million)
  8.6.2 Middle East & Africa Root Beer Market Estimates And Forecast, By Product, 2017-2030 (USD Million)
  8.6.3 Middle East & Africa Root Beer Market Estimates And Forecast, By Type, 2017-2030 (USD Million)
  8.6.4 Middle East & Africa Root Beer Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
  8.6.5 South Africa
    8.6.5.1 South Africa root beer market estimates and forecast, 2017 - 2030 (USD Million)
    8.6.5.2 South Africa root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
    8.6.5.3 South Africa root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
    8.6.5.4 South Africa root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)

CHAPTER 10. ROOT BEER MARKET: COMPETITIVE AND VENDOR ANALYSIS

9.1 Key Global Players, Recent Developments, And Their Impact on The Industry
9.2 Key Company Categorization
  9.2.1 List Of Few Market Players
9.3 Vendor Landscape
  9.3.1 Heat Map Analysis, 2021

CHAPTER 11. COMPANY PROFILES

11.1. Keurig Dr Pepper
  11.1.1. Company Overview
  11.1.2. Financial Performance
  11.1.3. Product Benchmarking
  11.1.4. Strategic Initiatives
11.2. Anheuser-Busch Companies, LLC.
  11.2.1. Company Overview
  11.2.2. Financial Performance
  11.2.3. Product Benchmarking
  11.2.4. Strategic Initiatives
11.3. Blitz-Weinhard Brewing Co.
  11.3.1. Company Overview
  11.3.2. Financial Performance
  11.3.3. Product Benchmarking
  11.3.4. Strategic Initiatives
11.4. Dad's Root Beer
  11.4.1. Company Overview
  11.4.2. Financial Performance
  11.4.3. Product Benchmarking
  11.4.4. Strategic Initiatives
11.5. Sprecher Brewing Co. Inc.
  11.5.1. Company Overview
  11.5.2. Financial Performance
  11.5.3. Product Benchmarking
  11.5.4. Strategic Initiatives
11.6. The Berghoff
  11.6.1. Company Overview
  11.6.2. Financial Performance
  11.6.3. Product Benchmarking
  11.6.4. Strategic Initiatives
11.7. BUNDABERG BREWED DRINKS
  11.7.1. Company Overview
  11.7.2. Financial Performance
  11.7.3. Product Benchmarking
  11.7.4. Strategic Initiatives
11.8. Whole Foods Market IP, L.P.
  11.8.1. Company Overview
  11.8.2. Financial Performance
  11.8.3. Product Benchmarking
  11.8.4. Strategic Initiatives

LIST OF TABLES

Table 1 Root beer market - Driving factor market analysis
Table 2 Root beer market - Restraint factor market analysis
Table 3 Demographic analysis: Soft Drink consumption per capita
Table 4 Alcoholic root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 5 Non-alcoholic root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 6 Conventional root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 7 Diet root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 8 Root beer market estimates and forecast, for on-trade, 2017 - 2030 (USD Million)
Table 9 Root beer market estimates and forecast, for off-trade, 2017 - 2030 (USD Million)
Table 10 North America root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 11 North America root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 12 North America root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 13 North America root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 14 U.S. root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 15 U.S. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 16 U.S. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 17 U.S. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 18 Europe root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 19 Europe root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 20 Europe root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 21 Europe root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 22 U.K. root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 23 U.K. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 24 U.K. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 25 U.K. root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 26 Germany root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 27 Germany. root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 28 Germany. root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 29 Germany root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 30 Asia Pacific root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 31 Asia Pacific root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 32 Asia Pacific root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 33 Asia Pacific root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 34 China root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 35 China root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 36 China root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 37 China root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 38 Japan root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 39 Japan root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 40 Japan root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 41 Japan root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 42 Australia root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 43 Australia root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 44 Australia root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 45 Australia root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 46 Central & South America root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 47 Central & South America root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 48 Central & South America root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 49 Central & South America root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 50 Brazil root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 51 Brazil root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 52 Brazil root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 53 Brazil root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 54 Middle East & Africa root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 55 Middle East & Africa root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 56 Middle East & Africa root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 57 Middle East & Africa root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 58 South Africa root beer market estimates and forecast, 2017 - 2030 (USD Million)
Table 59 South Africa root beer market estimates and forecast, by product, 2017 - 2030 (USD Million)
Table 60 South Africa root beer market estimates and forecast, by type, 2017 - 2030 (USD Million)
Table 61 South Africa root beer market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Table 62 Company categorization
LIST OF FIGURES

Fig. 1 Root beer market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Root beer market - Value chain analysis
Fig. 7 Root beer market - Retail chain analysis
Fig. 8 Root beer market - Profit margin analysis
Fig. 9 Per capita consumption of beer
Fig. 10 Factors affecting root beer purchasing decision of Americans
Fig. 11 Factors affecting buying decisions of root beer
Fig. 12 Root beer market: Product share (%) analysis, 2021 & 2030
Fig. 13 Root beer market: Type share (%) analysis, 2021 & 2030
Fig. 14 Root beer market: Distribution channel share (%) analysis, 2021 & 2030
Fig. 15 Root beer market: Regional share (%) analysis, 2021 & 2030


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