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 flavoured using artificial sassafras flavoring. However few commercial root beers also use a safrole-free sassafras extract.
North America Root Beer Market is worth USD xx million in 2021 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2026. The North America Root Beer market is developing at an exceptionally quick pace.
The significant drivers are 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 rising aging population limit the growth of Root Beer market.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
XX% |
Segments Covered |
By Type, By Distribution Channel, and By Country |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Countries Covered |
The United States, and Canada |
Market Leaders Profiled |
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 |
North America Root Beer Market Segmentation Analysis:
The North America Root Beer market is segmented on the basis of type, distribution channel and region. Based on Type the market is segmented into Alcoholic and Non-alcoholic. Based on flavor the market is segmented into Vanilla, Wintergreen, Molasses, Cinnamon, Sweet birch, Cherry tree husk, Licorice root, Nutmeg, Acacia, Anise, and Nectar. Based on Distribution Channel the market is segmented into Supermarkets/ Hypermarkets, Specialty liquor stores, Online, Bar and nightclubs, and other. Specialty liquor stores have major market shares followed by bar and nightclubs.
The North America market has been geographically segmented into segmented into US, Canada and Mexico. Root Beer is originally a North American drink. North America is the largest producer of Root Beer. America and Canada are the major producers and consumer of the root beer.
North America Root Beer Market Major Players
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 are the leaders in the North America Root Beer market.
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