Low Alcohol Beverages Market
The low alcohol beverages market consists of products like beer, wine, spirits, and ready-to-drink (RTD) beverages with reduced alcohol content. The primary customers are health-conscious consumers, particularly millennials and Gen-Z, who are seeking flavorful alternatives to traditional high-alcohol drinks. Key growth drivers include rising awareness of the negative health impacts of heavy alcohol consumption, the trend of 'mindful drinking', and manufacturer-led innovations in taste, quality, and flavor variety.
CAGR
5.83%
Compound Annual Growth Rate
Current Value
$1.63B
Estimated 2026
Projected Value
$2.57B
By 2034
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