The non-alcoholic beverage market is anticipated to augment at a CAGR of around 5.5% during the forecast period. Rising disposable income, rising millennial population bases especially in the emerging economies are some of the major factors for the growth in the market. In addition, a shift from the preference of the consumer from standard flavors (such as orange, lemon, and cola) to innovative flavors such as tropical fruits or fusion of flavors is also expected to provide a significant market growth. Moreover, substantial growth in the ready to drink/Iced beverages will be witnessed globally which will drive the non-alcoholic beverage market.
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Health-issue related to alcoholic drinks is one of the major factors for the shift to non-alcoholic beverages. Moreover, high sugar content in carbonated drinks resulting in shifting toward healthy beverages. Due to this, the companies are working toward and offering low-calorie, low-sugar, and diet varieties of beverages. Besides, environmental pollution due to bottles and another packaging of non-alcoholic beverages is one of the major challenges ahead of companies and governments all across the globe. Moreover, a negative impact of the COVID-19 pandemic has been witnessed in the non-alcoholic beverage industry. Restaurants, hotels, cafes, education institutions, tourism places are among the key retail point of sales of non-alcoholic beverages. Amid lockdown, these places have to be closed due to which sales of the non-alcoholic beverage have been affected considerably.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Non-Alcoholic Beverage Market by Beverage
- Soft Drinks
- Packaged Water
- Iced/RTD Tea & Coffee
- Fruit Beverages
- Energy Drinks
- Dairy Beverages
Global Non-Alcoholic Beverage Market by Type
- Carbonated
- Non-Carbonated
Global Non-Alcoholic Beverage Market by Packaging
- Metal
- Glass Bottle
- PET
- Others
Regional Analysis
- North America
- United States
- Rest of North America
- Europe
- UK
- Italy
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Asahi Group Holdings, Ltd.
- Britvic plc
- Cott Corp.
- Danone S.A.
- Fonterra Co-operative Group Ltd.
- Fraser and Neave, Ltd.
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Keurig Dr Pepper Inc.
- Kofola ?eskoSlovensko AS
- Lactalis International
- Monster Beverage Corp.
- National Beverage Corp.
- Nestlé S.A.
- Parle Agro Pvt. Ltd.
- PepsiCo, Inc.
- Red Bull GmbH
- Suntory Beverage & Food Ltd.
- The Coca-Cola Co.
- The Hangzhou Wahaha Group Co., Ltd.
- Unilever PLC
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ Million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Non-alcoholic beverage market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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