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The root beer market size is forecast to increase by USD 143.6 billion at a CAGR of 4.28% between 2023 and 2028. The market is experiencing significant growth, driven by the expanding global non-alcoholic beverage industry and the increasing popularity of root beer floats in restaurants and hotels. However, the market faces challenges such as low consumer awareness and the lack of a standardized definition of quality. Key ingredients, including sassafras root bark, wintergreen leaf, honey, vanilla extract, water, black cherry bark, sweet birch, cinnamon, acacia, and nutmeg, contribute to the unique flavor profile of root beer. Producers must ensure the authenticity and consistency of these ingredients to meet consumer expectations and differentiate their products. In the US, root beer remains a beloved classic beverage, with its distinct taste and nostalgic appeal continuing to attract consumers.
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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