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The root beer market size is forecast to increase by USD 143.6 million, at a CAGR of 4.28% between 2023 and 2028. Market expansion hinges on a multitude of factors, with significant influences including the burgeoning global beer market, reflecting evolving consumer tastes and preferences worldwide. Additionally, the increasing demand from millennials, a demographic known for its penchant for exploration and variety, fuels market growth by driving innovation and diversification within the beverage industry. Furthermore, the emergence of low-ABV cocktails addresses evolving consumer lifestyles and preferences for healthier options, contributing to the expansion of the market by catering to a broader audience base. These factors collectively shape a dynamic market landscape, where the interplay between consumer trends, demographic shifts, and product innovation propels the growth and evolution of the beverage sector. It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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