Latin 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 2027
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 Latin America Root Beer market is developing at an exceptionally quick pace.The significant drivers are a desire among 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.
on the basis of
type
distribution channel
Based on Type
Alcoholic
Non-alcoholic
Based on flavor the market
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
Brazil
Mexico
Argentina
and the remaining countries of South America. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
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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