Global Non-alcoholic Beverage Market size was valued at USD 1,093 Bn. in 2023 and is expected to reach USD 1,825 Bn. by 2030, at a CAGR of 7.6%.
Non-alcoholic Beverage Market Report Scope and Research Methodology
Report Scope: This report offers a comprehensive analysis of the global non-alcoholic beverage market, providing key insights into trends, growth drivers, challenges, and opportunities. It covers a wide range of non-alcoholic beverages, including carbonated soft drinks, fruit juices, bottled water, energy drinks, tea and coffee, and functional beverages. The market is segmented by beverage type, distribution channel (offline and online), and geographic region. The report also examines the rising demand for healthier, low-sugar, and organic beverage options, along with the growing preference for plant-based and functional beverages.
Research Methodology: The research methodology for this report combines both primary and secondary research techniques. Primary research includes interviews and surveys with industry stakeholders, including manufacturers, distributors, and consumers, as well as experts in the beverage sector. Secondary research involves gathering data from existing market reports, company publications, trade journals, and government data.
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Non-alcoholic Beverage Market Dynamics
The non-alcoholic beverage market is primarily driven by changing consumer preferences toward healthier lifestyle choices, increased awareness of the health risks associated with alcohol, and growing concerns about sugar content in traditional beverages. There is a rising demand for healthier alternatives, such as sugar-free, low-calorie, and functional drinks, leading to an increase in the consumption of plant-based beverages, fruit juices, functional waters, and herbal teas. The growing focus on wellness and the demand for functional benefits such as energy-boosting, immune support, and digestive health are also shaping market dynamics. Additionally, the expansion of e-commerce and online distribution channels has made non-alcoholic beverages more accessible to a global consumer base.
Non-alcoholic Beverage Market Regional Insight
The non-alcoholic beverage market is seeing varied growth across different regions. North America and Europe are mature markets with well-established demand for non-alcoholic beverages, driven by a growing focus on health and wellness. In North America, the U.S. dominates the market, with strong demand for bottled water, energy drinks, and healthier beverage options like functional and plant-based drinks. Similarly, Europe’s non-alcoholic beverage market is expanding, particularly in countries like the U.K., Germany, and France, where consumer preferences for low-sugar, low-calorie, and natural beverages are shaping the market.
Non-alcoholic Beverage Market Segmentation
By Type, the Global Non-alcoholic beverage market is segmented into various types, including carbonated soft drinks, bottled water, ready-to-drink (RTD) tea & coffee, fruit juices, and others. Carbonated soft drinks held the largest market share in 2023. Consumers are drawn to new and flavored CSDs for their refreshing properties, and the market is driven by efforts to strengthen distribution channels at low costs. Developing markets like India and China contribute significantly to improving economic conditions.
Carbonated Soft Drinks (CSD)
Ready-to-Drink Coffee & Tea
Bottled Water
Fruit Beverages
Others
By Distribution channel, the supermarket/hypermarket segment dominated the global non-alcoholic beverage market in 2023 and is expected to continue its dominance during the forecast period. These retail outlets offer a wide range of non-alcoholic beverages, including carbonated sodas, fruit juices, flavoured water, and functional drinks, all under one roof. Consumers value the convenience of being able to purchase various beverages during their regular grocery shopping trips.
Supermarket/Hypermarket
Convenience stores
Specialty Stores
Others
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Non-alcoholic Beverage Market Key Players
The Coca-Cola Company
PepsiCo
Nestlé
Danone
Red Bull GmbH
A.G. Barr
DydoDrinco
Keurig Dr Pepper
Unilever
Suntory Holdings
Britvic PLC
Refresco Group
The Kraft Heinz Company (Chicago, U.S.)
Reed’s, Inc. (Norwalk, U.S.)
Appalachian Brewing Co. (Harrisburg, U.S.)
Arca Continental
ITO EN Ltd
Monster Beverage Corp
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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