I have a theory...and that's all it is mind you, that one reason so many modern post reformation n-Cs reject the sacraments like the Eucharist, Confession, etc is because early on, the reformers realized that once the renegade priests who left the church with them had all died off, they would be left without anyone who could even remotely claim to validly celebrate and administer these sacraments and since most of their laity came from the Catholic faith they would soon recognize the deficiency because their clergy no longer maintained any semblance of apostolic succession and could not consecrate the Eucharist or absolve sins in confession, and that might well cripple the infant reformation faith communities. In order to handle that these leaders began to construct the errant interpretations that we see today that deny the sacraments. It's the only logical tactic that will keep people who knew and loved the Eucharist and the solace of Confession from turning back to the Catholic faith to have them validly available.
Pax Domini sit semper vobiscum.
(The peace of the Lord be always with you all.)