global non-alcoholic beverage market size 2020

Avail customized purchase options to meet your exact research needs. By Region6.2.4. Drinks with all-natural ingredients, no artificial flavors and preservatives, natural pigments, fruit incorporations, and low carbohydrates increase the performance as well as the energy of consumers throughout the day. For instance, in October 2018, United Breweries Ltd. entered the non-alcoholic drinks segment with the launch of a lemon-based drink under the brand name Kingfisher Radler. They are served with cocktails and mocktails in the hospitality sector. Taking into account all the above-mentioned factors, producers are likely to focus on technology innovation to gain maximum market share. Monster Energy14.1.9. 1. This way, we are empowered to quantify their impact on the markets momentum. All the previous reports are stored in our large in-house data repository. Voice of Customer4.1. Asia Pacific is expected to expand at the fastest CAGR of 6.0% from 2019 to 2025. The global non alcoholic drinks market size was estimated at USD 1.19 trillion in 2019 and is expected to reach USD 1.25 trillion in 2020. b. This website is secure and your personal details are safe. The Coca-Cola Company14.1.2. Consumers are shifting toward organic drinks that do not contain chemical ingredients. We work with our clients in every step of the work, from exploring the market to implementing business plans. North America dominated the non alcoholic drinks market with a share of 34.4% in 2019. In view of their more prominent item accessibility, mass merchandisers overwhelm conveyance channels. We largely focus on the following parameters for forecasting about the market under lens: We assign different weights to the above parameters. In the course of recent years, the food inclinations of customers have been moving step by step to new organic product refreshments. Our analysts offer market evaluations and forecasts using the industry-first simulation models. Free trial, before you make a purchase decision. Over the past few years, the food preferences of consumers have been shifting gradually to fresh fruit beverages. To identify dominant region or segment in the Global Non-alcoholic Drinks Market.5. Moreover, the company has already signed leases for the stores, which indicates that the store may open within a few months. These harmful effects are projected to expand the utility of non-alcohol beverages in European countries. Revenue in USD million/billion and CAGR from 2019 to 2025, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; U.K.; Germany; France; China; India; Brazil, PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Starbucks Corporation; Nestle S.A.; Parle Agro; Suntory Beverage & Food Limited; Keurig Dr Pepper Inc.; Red Bull Gmbh; Unilever. Sources of Information Conferred5. Drinks with all-natural ingredients, no artificial flavors and preservatives, natural pigments, fruit incorporations, and low carbohydrates increase the performance as well as energy of consumers throughout the day.The Global Non-alcoholic Drinks Market was severely affected by the unexpected downfall in the sales due to the COVID-19 pandemic, which majorly affected the import-export of non-alcoholic drinks in the market. Though, the expanding wellbeing mindfulness and interest for sustenance situated items have influenced the Non-Alcoholic Beverage Market significantly. During the lockdown, the maximum volume of sale of non-alcoholic drinks is generated from fruit juice segment as it is healthier and boosts the immune system of people. Frequency of Usage & Purchase4.3. Our experts deliver the best research reports that have revenue generating recommendations.

By Value (USD Billion)6.2. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, "Global Non-Alcoholic Drinks Market, By Product Type (Carbonated Soft drinks, Functional/Energy & Sports Drinks, Fruit Juices & Flavored Drinks, Bottled Water and Others), By Distribution Channel, By Region, Competition Forecast & Opportunities, 2016-2026F", Owing to the changing tastes and preferences of consumers, there have been rapid developments in non-alcoholic drinks products by various market players.Objective of the Study:1. b. This, in turn, promotes online sales of grocery products such as soft drinks, flavored milk, bottled water, and coconut water. Supermarkets and Hypermarkets Food Service & Drinking Places Convenience Stores & Gas Stations Vending Machine Operations Others. To gain a significant market share in the global Non-alcoholic beverages market, the key players are now focusing on adopting strategies such as mergers & acquisitions, collaborations, product innovations, recent developments, joint ventures, and partnerships. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. What is the non alcoholic drinks market growth? Governments across the globe are taking initiatives in order to regulate and limit the consumption of alcoholic beverages as well as promote juices and healthy drinks. However, the worldwide Non-Alcoholic Beverage Market was seriously influenced by the startling ruin in deals because of the COVID-19 pandemic, which significantly influenced the import-fare of the Non-Alcoholic Beverage Market. Besides, in 2016, in excess of 340 million kids and young people matured between 5 to 19 were overweight or large. Regionally, the non-alcoholic drinks market has been segmented into Asia Pacific, North America, South America, Europe, and Middle East & Africa., Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections. Competitive Landscape14.1.1. Who are the key players in non alcoholic drinks market? The changes in consumer buying behavior and the dynamic shifts towards online and D2C distribution channels may have serious implications on the near future growth of the industry. Keurig Dr Pepper Inc.14.1.5. Privacy Policy. The area, driven by the U.S., is home to numerous universally prestigious refreshment makers like PepsiCo and Coca-Cola. Last piece of the market research puzzle is done by going through the data collected from questionnaires, journals and surveys. Analysts use correlation, regression and time series analysis to deliver reliable business insights. Among these regions, South America is expected to grow at a rapid CAGR of over 6.00% during 2021E-2026F and is expected to be the fastest-growing region in the forecast period due to an increase in the sale of functional drinks, energy drinks, and flavored drinks. In addition, the company has introduced these beverages as the best alternative to alcoholic beverages at parties. b. The district is driven by developing economies, like China, India, Thailand, and Malaysia. For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To identify drivers and challenges for the Global Non-alcoholic Drinks Market.6. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites. Some key players in the market are PepsiCo Inc., The Coca-Cola Company, Danone S.A., Red Bull Gmbh, Parle Agro, Nestle S.A., Appalachian Brewing Co., The Kraft Heinz Company, Dr. Pepper Snapple Group Inc., Reeds Inc., Monster Beverage Corp, ITO EN Ltd., and Others. Also, the high cost of such beverages may hamper the growth of global Non-Alcoholic Beverage in some parts of the world. Major manufacturers are launching new products with less sugar content and no artificial preservatives and colors as they are the cause of chronic diseases including diabetes and cardiovascular diseases across the globe. Market Dynamics12.1. The global non alcoholic drinks market is expected to grow at a compound annual growth rate of 5.3% from 2019 to 2025 to reach USD 1.62 trillion by 2025. b. Explore purchase options. Furthermore, growing concern about health problems and rising awareness regarding energy drinks are among the factors leading to stimulate the growth of the global Non-Alcoholic Beverage Market over the forecast period. Major players including Walmart, Amazon, and 7-Eleven are significantly investing in developing countries such as India, Thailand, and Taiwan, in order to cater to the increasing consumer demand in the region. How big is the non alcoholic drinks market? Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes an in-depth analysis of the market of various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post sales analyst support. A recent trend in the market shows that consumers are becoming more health-conscious which is leading to an increase in the demand for nutritious drinks and low sugar non-alcoholic drinks due to which sports and energy drinks are expanding into the market.

All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. Furthermore, rising concerns over adverse health implications associated with the consumption of alcoholic drinks are projected to upscale the utility of alternative drinks including functional beverages and soft drinks. Market Share and Forecast6.2.1. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period. Our latest research, perspectives, and insights on the management issues that matter most to the companies and organization about the market, which is leading through the COVID-19 crisis to managing risk and digitizing operations to deliver trusted information and experiences to the decision makers. Furthermore, manufacturers are focusing on developing new products in order to fulfill changing consumer preferences and tastes. The Global Non-alcoholic Drinks Market size was valued at USD927.50 billion in 2020 and is projected to grow at a CAGR of 5.72% during the forecast period to reach around USD1.28 trillion by 2026, on account of rising personal disposable income because of which people are shifting to healthier alternatives like fruit juices and energy drinks.

Based on Distribution Channel, The market is classified into Supermarkets and Hypermarkets, Food Service & Drinking Places, Convenience Stores & Gas Stations, Vending Machine Operations, and Others. According to a report published by the Global Burden of Disease, in 2017, more than 310,000 deaths, coupled with over 10 million people with disability-adjusted life years (DALYs), were caused due to alcohol consumption in the European countries. Asia-Pacific Non-Alcoholic Drinks Market Outlook10. All of this is fed to the research model which then churns out the relevant data for market study. To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Non-alcoholic Drinks Market.7. Non-Alcoholic Beverage Market size was valued at USD 963.76 Billion in 2020 and is projected to reach USD 1762.34 Billion by 2028, growing at a CAGR of 7.81% from 2021 to 2028. Furthermore, rising awareness regarding healthy diets such as fresh fruit juice, raw food diet, and paleo diets is expected to remain one of the key trends. Theonline distribution channel is expected to be the fastest-growing segment, expanding at a CAGR of 5.6% from 2019 to 2025 owing to increasing internet penetration in various countries such as India and China. These health issues are expected to promote the utility of non-alcoholic beverages including functional drinks. from 8 AM - 9 PM ET. All the interviews are conducted across the globe. "The quality of research they have done for us has been excellent.". No purchase commitment. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques. These medical problems are relied upon to advance the utility of non-cocktails including useful beverages.

In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. Key factors that are driving the market growth include shifting customer focus towards a healthy lifestyle, changing diet patterns to consume nutrient-rich products, and rising concerns over adverse health implications associated with consumption of alcoholic drinks. Please wait while we are processing your request Non-alcoholic Drink Market Size, Share, Global industry Report, 2025. All Rights Reserved. Presently, most companies in the industry are faced with low consumption of their products and supply chain challenges. Refresco Group14.1.10. Free report customization (equivalent up to 8 analysts working days) with purchase. To estimate and forecast the market size of the Global Non-alcoholic Drinks Market from 2021 to 2026 and growth rate until 2026.3. As per the World Health Organization (WHO), in 2016, more than 1.9 billion grown-ups matured 18 years and more established on the planet were under the overweight class. Different members of the markets value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. Various stringent government policies and regulations on alcoholic beverages are fueling the demand for these beverages. Furthermore, the easy availability of these drinks in supermarkets and online channels has increased the consumption of the non-alcoholic beverages. Soft drinks held the largest share of 24.3% in 2018. Nearly all countries have imposed lockdowns and strict social distancing measures. Increasing awareness regarding health benefits associated with non-alcoholic beverages such as improvement in cholesterol and saturated fat level in the body is driving the market in the region. The spread of coronavirus has crippled the entire world. Red Bull GmbH14.1.8. We use cookies to enhance your experience. The global non-alcoholic drink market is highly fragmented in nature owing to the presence of a large number of foreign as well as domestic players including PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Nestle S.A.; and Parle Agro. Most beverages, including energy drinks, juice, and soft drinks provide nutritional value and are used to improve health, hence consumed by a large set of people across the world.

Non-Alcoholic Beverage Market was valued at USD 963.76 Billion in 2020 and is projected to reach USD 1762.34 Billion by 2028, growing at a CAGR of 7.81% from 2021 to 2028. These rapid innovations led to an increase in the non-alcoholic drinks market.Recent trend in the market shows that consumers are becoming more health conscious which is leading to an increase in the demand for nutritious drinks and low sugar non-alcoholic drinks due to which sports and energy drinks are expanding into the market. Suntory Beverage & Food Ltd14.1.4. This is expected to aid the growth of non-alcoholic beverages such as energy drinks, juices, as well as functional drinks in the next few years. To understand the ongoing market trends and to foresee the future market growth patterns. This consumption trend is gaining popularity among the young adult population across the globe. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older in the world were under the overweight category. Therefore, the beverage manufacturers are launching innovative low sugar and low calories soft drinks and other natural drinks to cater to the increasing demand from health-conscious consumers. North America Europe Asia Pacific Rest of the World. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts: Since the COVID-19 virus outbreak in December 2019, the epidemic has spread to nearly every country across the globe with the World Health Organization (WHO) announced coronavirus disease 2019 (COVID-19) as a pandemic. What are the top players operating in the Non-Alcoholic Beverage Market? To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research. Non-alcoholic beverage comprises beverages containing less than 0.5% alcohol. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. Major manufacturers are adopting marketing strategies such as product advertisement and celebrity marketing in order to gain maximum customer penetration. As a result of their simple accessibility and low cost, carbonated soft drinks (CSD) have the biggest non-alcoholic piece of the pie. Impact of COVID-19 on Global Non-Alcoholic Drinks Market4. Further, it helps us in delivering the evidence related to market growth rates. Moreover, consumers are shifting towards natural and organic food products, which are tastier, healthier, and more nutritious. This has resulted in disruptions of supply chains.

b. Introducing a variety of innovative drinks in the market has led to the growth of the non-alcoholic drinks market. >>> Get | Download Sample Report @ Market Trends & Developments14. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Analysts carry out extensive research using both top-down and bottom up methods. Nestle S.A14.1.6. North America Non-Alcoholic Drinks Market Outlook8. Competitive landscape and component benchmarking, Market revenue estimates and forecast up to 2027, Market revenue estimates and forecasts up to 2027, by technology, Market revenue estimates and forecasts up to 2027, by application, Market revenue estimates and forecasts up to 2027, by type, Market revenue estimates and forecasts up to 2027, by component, Regional market revenue forecasts, by technology, Regional market revenue forecasts, by application, Regional market revenue forecasts, by type, Regional market revenue forecasts, by component, Impact on each country and various region, Positive and negative scenarios of the market during the ongoing pandemic, Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. Europe Non-Alcoholic Drinks Market Outlook9. They can also use the online reporting software to understand the different key performance indicators. 6. About the Publisher & Disclaimer, For more information about this report visit, Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716, Cision Distribution 888-776-0942 Fruit and vegetable juices are expected to find applications in product forms including ready-to-go drinks, snack seasoning, confectionery, and baked goods owing to their exceptional flavoring properties. They utilize the BI-enabled dashboard to deliver real-time market statistics. There is no language barrier due to our experienced and multi-lingual team of professionals. Our support available to help you 24 hours a day, five days a week. Shifting customer focus towards a healthy lifestyle, coupled with changing diet patterns to consume nutrient-rich products, is expected to be a major factor driving the industry. Amidst the global pandemic crisis and the indefinite lockdown across nations, the consumer food & beverage industry first witnessed high demand for household staples, healthy food items, and consumables with longer shelf lives. All the research models are customized to the prerequisites shared by the global clients. Addition or alteration to country, regional & segment scope. Which segment accounted for the largest non alcoholic drinks market share? To analyze the historical growth in the market size of the Global Non-alcoholic Drinks Market from 2016 to 2020.2. Pepsi Co. and The Coco-Cola Co. are some of the key manufacturers operating in the Non-alcoholic beverages market. North America (The USA, Canada, and Mexico), Europe (Germany, France, UK, and The Rest of Europe), Asia Pacific (India, Japan, China, and The Rest of Asia Pacific) and Rest of the World (Latin America, the Middle East, and Africa). By Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online, Departmental Store and Others (Grocery Stores, Independence store, etc.))6.2.3. The companies are focusing more on altering their supply chains in order to reinforce their online presence and delivery measures, in an attempt to adapt to the present business environment. Carbonated Soft Drinks (CSDs) Fruit Beverages Bottled Water Functional Beverages Sports Drinks Others. Complimentary 10 hours free analyst time for market review, 3. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. Also, the 24*7 chat support & direct call services are provided to procure the sample report. What are the factors driving the non alcoholic drinks market. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Choose reports from a database of more than 10,000 reports. Similarly, to increase their portfolio, in March 2020, PepsiCo, Inc. acquired Rockstar, Inc. energy drinks for USD3.85 billion. Your transaction & personal information is safe and secure.

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global non-alcoholic beverage market size 2020