ID: MRFR/F-B & N/2277-HCR | 110 Pages | Published By Tejas Chaudhary on March 2023
The non-alcoholic beverages market size is expected to grow with a significant growth rate of 4.80% and reach a market value of USD 1473.9 billion by the end of 2030. Non-alcoholic beverages are drinks that contain less than 0.5% alcohol by volume. Such beverages cater to several functions in the human body such as hydration and abundant source of nutrients required by the human body. Non-alcoholic beverages boost energy level by providing the required sugar and calories.Changing consumer preference and growing health consciousness among consumers, thereby boosting the consumption of functional drinks followed by the increasing popularity of non-alcoholic beverages in countries enforcing alcohol prohibition laws such as Kuwait, Saudi Arabia, and Iran are driving non-alcoholic beverages market growth across the globe.
The non-alcoholic beverages market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The non-alcoholic beverages industry in the rest of the world has been segmented into South America, the Middle East, and Africa.
The Coca-Cola Company (US), PepsiCo, Inc. (US), Danone S.A. (France), Nestlé S.A. (Switzerland), Arizona Beverage Company (US), Red Bull GmbH (Austria), Keurig Dr Pepper Inc. (US), Parle Agro Private Limited (India), The Kraft Heinz Company (US), Suja Life, LLC (US), FreshBev LLC (US), Unilever (UK), Suntory Beverage & Food Limited (Japan), Jacobs Douwe Egberts B.V. (Netherland), and Pressed Juicery, LLC (US) are some of the key players in the global non-alcoholic beverages industry.
Regional Market Summary
Globally, the non-alcoholic beverages market in Asia-Pacific was the dominating market with a share of 38% in 2021. High population and growing popularity of energy drinks during sports are expected to be a significant driving force for the regional non-alcoholic beverages market growth during the forecast period. Furthermore, the increasing consumption of carbonated soft drinks and juices as a popular meal accompaniment followed by a growing organized retail sector is aiding to the market growth in Asia-Pacific. Other factors leading to the growth of the market in the region are the increasing incidences of water-borne diseases leading to rising sales of bottled water and the launch of innovative flavor blends by key players.
Carbonated Soft Drinks
Juices
Bottled Waters
Sports & Energy Drinks
RTD Teas & Coffees
Others
Bottles
Cans
Cartons
Others
Store-Based
Supermarkets & Hypermarkets
Convenience Stores
Others
Non-Store-Based
North America
US
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
Japan
China
India
Australia & New Zealand
Rest of Asia-Pacific
Rest of the World (RoW)
South America
Middle East
Africa
Intended Audience
Non-alcoholic beverage manufacturers
Commercial research and development institutions
Cafes, pubs, and hospitality industry
Raw material suppliers and distributors
Retailers, distributors, and wholesalers
Traders, exporters, and importers
Report Attribute/Metric | Details |
---|---|
Market Size | USD 1473.9 billion |
CAGR | 4.80% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product Type, Packaging Type, Distribution Channel, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Coca-Cola Company (US), PepsiCo, Inc. (US), Danone S.A. (France), Nestlé S.A. (Switzerland), Arizona Beverage Company (US), Red Bull GmbH (Austria), Keurig Dr Pepper Inc. (US), Parle Agro Private Limited (India), The Kraft Heinz Company (US) |
Key Market Opportunities | Boost energy level by providing the required sugar and calories |
Key Market Drivers | Changing consumer preference, Growing health consciousness among consumers |
Non-Alcoholic Beverages Market is projected to grow at approximately 4.80% CAGR during the assessment period (2022-2030).
Non-Alcoholic Beverages Market is estimated to reach a valuation of approx. USD 1473.9 BN by the end of 2030
The Coca-Cola Company (US), Pressed Juicery, LLC (US), PepsiCo, Inc. (US), Jacobs Douwe Egberts B.V. (Netherland), Danone S.A. (France), Unilever (UK), Suntory Beverage & Food Limited (Japan), FreshBev LLC (US), Nestlé S.A. (Switzerland), Suja Life, LLC (US), Red Bull GmbH (Austria), Arizona Beverage Company (US), Keurig Dr Pepper Inc. (US), The Kraft Heinz Company (US), and Parle Agro Private Limited (India), are some of the top players in the Global Non-Alcoholic Beverages Market.
Asia Pacific holds the largest share in the Global Non-Alcoholic Beverages Market, followed by North America and Europe, respectively.
Growing emphasize on good health, shift from alcoholic beverages to non-alcoholic beverages, and increasing health issues among population are major tailwinds pushing the growth of the Global Non-Alcoholic Beverages Market.