Non-Alcoholic Beverage Packaging Market Latest Trends and Analysis, Future Growth Study by 2030

Global Non-Alcoholic Market to witness growth at a CAGR of 6.1% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 4.7% during the previous forecast period of 2018 to 2021.

During the forecast period of 2021 to 2031, the rising popularity of adult soft drinks across the globe is anticipated to increase expansion prospects for businesses engaged in the non-alcoholic beverage packaging market.
Drinks that are completely alcohol-free or contain less than 0.5 percent alcohol by volume are referred to as non-alcoholic beverages (abv). It offers a wide range of beverages, from hot to cold, straightforward to unique. While some of these beverages are created in the dispensing bar, others are made in the still room. The market for non-alcoholic beverages has always been incredibly active and competitive, with producers attempting to satisfy customer wants on a variety of levels. A crucial component that can offer distinctiveness and additional value is packaging.

Market Restraints
A significant restraint is anticipated to come from the rising cost of the raw materials used to make beverage packaging. Plastic is a highly favored raw material for beverage packaging. The market for beverage packaging is expected to develop, although to some extent will be constrained by the fluctuating costs of the raw ingredients used to make plastics.
The expansion of the beverage packaging market is anticipated to be constrained by the lack of qualified personnel to operate sophisticated packaging equipment utilized throughout the food & beverage industry. Additionally, it is anticipated that the high maintenance costs linked to the beverage packaging solution will restrain market expansion

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Global Non-Alcoholic Beverage Packaging Market - Segmentation
The global non-alcoholic beverage packaging market is segmented on the basis of product type and distribution channel type.

Based on product type, the market is segmented into,
• Carbonated Soft Drinks
• Bottled Water
• Tea & Coffee
• Juices
• Others

Based on distribution channel, the market is segmented into,
• Food Service
• Retail

Global Non-Alcoholic Beverage Packaging Market - Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.

Global Non-Alcoholic Beverage Packaging Market - Key Market players
Nestlé; PepsiCo; Unilever; Keurig Dr Pepper Inc.; The Coca-Cola Company; Cott Corporation; Danone S.A.; SUNTORY BEVERAGE & FOOD LIMITED; Asahi Group Holdings, Ltd.; Red Bull are the major players that are driving the growth of the market during the forecast period.

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Frequently Asked Questions
• What is the current market valuation of beverage packaging?
• How does the global market demand for beverage packaging look?
• Which countries are in high demand for beverage packaging?
• Which application is the most popular for beverage packaging?
• How much value does North America generate from the beverage packaging market?
• Which five companies dominate the beverage packaging market?

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