Asia Pacific Root Beer Market is worth USD xx million in 2022 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2027. The Asia Pacific Root Beer market is developing at an exceptionally quick pace.
Root beer is a sweet soft drink traditionally made using the sassafras tree as the primary flavor. It generally has a thick, foamy head when poured. Presently commercially produced root beer is sweet, foamy, carbonated, nonalcoholic, and flavored using artificial sassafras flavoring. However, few commercial root beers also use a safrole-free sassafras extract. The significant drivers are the desire among the consumers for new and interesting flavored craft brews. Increasing disposable income among the working class population has also increased the demand for root beer. However, Rising Anti-alcohol campaigns and the rising aging population limit the growth of the Root Beer market.
The Asia Pacific Root Beer market is segmented
on the basis of
type
distribution channel
Based on Type the market is segmented into
Alcoholic
Non-alcoholic.
Based on the flavor
Vanilla
Wintergreen
Molasses
Cinnamon
Sweet birch
Cherry tree husk
Licorice root
Nutmeg
Acacia
Anise
Nectar
Based on Distribution Channel
Supermarkets/ Hypermarkets
Specialty liquor stores
Online
Bar
nightclubs
Asia Pacific is geographically segmented into
China
India
Japan
South Korea
Taiwan
Australia
South East Asia.
Asia Pacific has significant growth owing to the growing population and changing consumer preferences.
Dr. Pepper Snapple Group
The Coca Cola Company
Blitz-Weinhard Brewing Co.
The Dad's Root Beer Company
Sprecher Brewing Co. Inc.
Stewart’s Restaurants, Inc.
Berghoff Beer
Whole Foods Market
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