Press release
Impact of COVID-19 on the Non Alcoholic - Beverages Market 2020-2030: TBRC Report Insights
The Business Research Company offers "Non Alcoholic - Beverages Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global non alcoholic - beverages market is expected to grow from $406.4 billion in 2019 to $417.6 billion in 2020 at a compound annual growth rate (CAGR) of 2.8%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $513.4 billion in 2023.
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The non-alcoholic beverages manfuacturing' market consists of sales of beverages that do not contain any alcohol by entities (organizations, sole traders and partnerships) that produce beverages that do not contain any alcohol. The companies in the non-alcoholic beverages industry process raw materials into non-alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments.
Increasing health awareness and consciousness among consumers, is driving the demand for beverages that provide nutrition, antioxidants and probiotics. Health beverages support detoxing, weight loss, digestive health, nutrition and in some cases act as meal replacements. For instance, Kombucha, a fermented tea made from a mix of yeast, bacteria culture, sugar and tea is increasingly being consumed as a health beverage. According to the Beverage Daily, the kombucha market is expected to grow 25% annually until 2020.
Non Alcoholic - Beverages Market Segmentation: -
By Type
Coffee And Tea Manufacturing
Soft Drink And Ice Manufacturing
By Distribution Channel
Off-Trade Channels
On-Trade Channels
By Category
Mass
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Non Alcoholic - Beverages Market Characteristics
4. Non Alcoholic - Beverages Market Product Analysis
5. Non Alcoholic - Beverages Market Supply Chain
.......
20. Non Alcoholic - Beverages Market Competitive Landscape
21. Key Mergers And Acquisitions In The Non Alcoholic - Beverages Market
22. Market Background: Food And Beverages Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the Non Alcoholic - Beverages Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Non Alcoholic - Beverages Market are PepsiCo; Coca-Cola; Nestl้; Suntory Holdings Limited; Red Bull GmbH
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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