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The global non-alcoholic beverage market size reached US$ 831.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,151.22 Billion by 2027, exhibiting a growth rate (CAGR) of 5.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Non-alcoholic beverages refer to soft drinks that are either alcohol-free or have less than 0.5 percent of liquor volume. Some of the common product variants include carbonated soft drinks, juices, bottled water, sports and energy drinks, ready-to-drink tea and coffee, etc. These beverages assist in rehydrating the body, boosting metabolism, improving cardiovascular health, enhancing digestive functioning, reducing stress and anxiety, etc.
The growing consumer awareness towards health and wellness is primarily driving the consumption of dairy-based drinks, fruit juices, functional beverages, etc., across the globe. Furthermore, the high prevalence of numerous chronic disorders caused due to regular alcohol intake, such as cardiovascular diseases, liver cirrhosis, irregular blood pressure, gastrointestinal ailments, etc., is also catalyzing the demand for non-alcoholic beverages. In addition to this, the increasing hectic work schedules and sedentary lifestyles of consumers are bolstering the demand for ready-to-drink beverages, which is further propelling the market growth. Moreover, the launch of innovative product variants that have similar taste, texture, and color to alcoholic drinks is acting as a significant growth-inducing factor. Apart from this, the growing number of government awareness programs to curb alcohol consumption among the masses is creating a positive outlook for the global non-alcoholic beverage market. Besides this, the widespread availability of non-alcoholic beverages across both brick-and-mortar distribution channels and e-commerce platforms is also augmenting the product demand. Additionally, the elevating consumer concerns towards the presence of synthetic flavors, artificial colors, and chemical preservatives in non-alcoholic drinks have led to the launch of their organic and natural ingredients-based variants. This, in turn, is expected to propel the global non-alcoholic beverage market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global non-alcoholic beverage market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, packaging type and distribution channel.
Breakup by Product Type:
Breakup by Packaging Type:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arizona Beverage Company, Asahi Group Holdings Ltd., Danone S.A., Keurig Dr Pepper Inc., Nestlé S.A., Parle Agro Pvt. Ltd., PepsiCo Inc., Primo Water Corporation, Red Bull GmbH, Suja Life LLC, Suntory Beverage & Food Limited and The Coca-Cola Company.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Packaging Type, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Arizona Beverage Company, Asahi Group Holdings Ltd., Danone S.A., Keurig Dr Pepper Inc., Nestlé S.A., Parle Agro Pvt. Ltd., PepsiCo Inc., Primo Water Corporation, Red Bull GmbH, Suja Life LLC, Suntory Beverage & Food Limited and The Coca-Cola Company.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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