Root Beer Market Share, Regional Outlook, Survey Report 2030
Root Beer Market Growth & Trends The global root beer market size is anticipated to reach USD 1.09 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Root beer is a North American drink that’s been traditionally made using the root bark of the sassafras tree. Sassafras was banned by the Food and Drug Administration (FDA) in 1960 owing to the presence of safrole, a carcinogenic component. Thus, most commercial root beers available in the market contain the artificial flavoring of sassafras. However, some companies, such as Hansen Beverage, use safrole-free sassafras extract to retain the authenticity of root beer. Root Beer Market Segmentation Grand View Research has segmented the global root beer market on the basis of product, type, distribution channel, and region: Based on the Product Insights, the market is segmented into Alcoholic and Non-alcoholic. The non-alcoholic product segment accounte...