South Africa Root Beer Market Size & Outlook, 2021-2030
South Africa root beer market, 2017-2030 (US$M)
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South Africa root beer market highlights
- The South Africa root beer market generated a revenue of USD 12.3 million in 2021 and is expected to reach USD 17.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4% from 2022 to 2030.
- In terms of segment, non-alcoholic was the largest revenue generating product in 2021.
- Alcoholic is the most lucrative product segment registering the fastest growth during the forecast period.
Root beer market data book summary
| Market revenue in 2021 | USD 12.3 million |
| Market revenue in 2030 | USD 17.4 million |
| Growth rate | 4% (CAGR from 2021 to 2030) |
| Largest segment | Non-alcoholic |
| Fastest growing segment | Alcoholic |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcoholic, Non-Alcoholic |
| Key market players worldwide | Keurig Dr Pepper Inc, Anheuser-Busch InBev SA/NV, Sprecher Brewing, Berghoff, Bundaberg Brewed Drinks, Whole Foods Market |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.7% of the global root beer market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa root beer market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa 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 |
|---|
South Africa 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 87.8% in 2021. Horizon Databook has segmented the South Africa root beer market based on alcoholic, non-alcoholic covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of South Africa 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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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 country-level data and insights on the South Africa root beer market , including forecasts for subscribers. This country databook contains high-level insights into South Africa root beer market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa root beer market size, by product, 2017-2030 (US$M)
South Africa Root Beer Market Outlook Share, 2021 & 2030 (US$M)
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