Global Root Beer Market Size & Outlook, 2021-2030
Global root beer market, 2017-2030 (US$M)
Related Markets
Global root beer market highlights
- The global root beer market generated a revenue of USD 728.1 million in 2021 and is expected to reach USD 1,095.2 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 4.6% by 2030.
- In terms of segment, non-alcoholic accounted for a revenue of USD 649.1 million in 2021.
- Alcoholic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 728.1 million |
| Market revenue in 2030 | USD 1,095.2 million |
| Growth rate | 4.6% (CAGR from 2021 to 2030) |
| Largest segment | Non-alcoholic |
| Fastest growing segment | Alcoholic |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcoholic, Non-Alcoholic |
Other key industry trends
- In terms of revenue, the North America accounted for 41.3% of the global root beer market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 17.4 million by 2030.
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Root Beer Market Scope
Root Beer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global root beer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to root beer market will help companies and investors design strategic landscapes.
Non-alcoholic was the largest segment with a revenue share of 89.15% in 2021. Horizon Databook has segmented the Global root beer market based on alcoholic, non-alcoholic covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Root Beer Product Outlook (Revenue, USD Million, 2017-2030)
- Alcoholic
- Non-Alcoholic
- Global Root Beer Type Outlook (Revenue, USD Million, 2017-2030)
- Conventional
- Diet
- Global Root Beer Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- On Trade
- Off Trade
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Target buyers of Global root beer market databook
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Our clientele includes a mix of root beer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global root beer market , including forecasts for subscribers. This global databook contains high-level insights into Global root beer market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global root beer market size, by regions, 2017-2030 (US$M)
Top 10 countries: Root beer market size, 2021 (US$M)
Global root beer market share, by product, 2021 & 2030 (%, US$M)
Root beer market: Opportunity assessment by country
Global root beer market, by region, 2021 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 274.2 | 284.3 | 294.8 | 289.4 | 300.4 | 312.4 | 325.1 | 338.5 | 352.8 | 367.8 | 383.8 | 400.7 | 418.6 | 437.6 | 4.3% |
| Europe | 194.9 | 202.9 | 211.2 | 208.1 | 216.8 | 226.2 | 236.2 | 246.8 | 258.0 | 269.9 | 282.6 | 296.0 | 310.3 | 325.4 | 4.6% |
| Asia Pacific | 114.3 | 119.4 | 124.8 | 123.5 | 129.2 | 136.4 | 144.1 | 152.4 | 161.2 | 170.7 | 180.9 | 191.8 | 203.4 | 215.9 | 5.9% |
| Latin America | 49.3 | 50.8 | 52.4 | 51.2 | 52.9 | 54.9 | 57.0 | 59.2 | 61.6 | 64.1 | 66.8 | 69.6 | 72.6 | 75.7 | 4.1% |
| MEA | 28.0 | 28.6 | 29.2 | 28.2 | 28.8 | 29.9 | 30.9 | 32.1 | 33.3 | 34.6 | 35.9 | 37.3 | 38.8 | 40.4 | 3.8% |
| Overall | 660.8 | 686.0 | 712.5 | 700.4 | 728.1 | 759.7 | 793.3 | 829.0 | 866.9 | 907.1 | 949.9 | 995.3 | 1,043.7 | 1,095.2 | 4.6% |
Related regional statistics
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