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Africa Non-Alcoholic Beverages Market Expected To Rise At 9.4% CAGR During 2022-2027

03-16-2023 06:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Africa Non-Alcoholic Beverages Market

Africa Non-Alcoholic Beverages Market

According to the latest report by IMARC Group, titled "Africa Non-Alcoholic Beverages Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The Africa non-alcoholic beveragesย market is expected to exhibit a CAGR of 9.4% during 2022-2027.

Africa Non-Alcoholic Beverages Industry Definition and Application:

Non-alcoholic beverages, also known as temperance beverages or soft drinks are beverages with alcohol-free content or alcohol levels reduced to 0.5 percent of the liquor volume. They are prepared through the ethanol distillation process. Some commonly available product variants are soda, Pepsi, coke, cocktails, mocktail, bottled water, squashes, syrups, tonic, ready-to-drink tea, sports and energy drinks, coffee, carbonated soft drinks, and juices. These beverages help enhance cardiovascular health and digestive functioning, rehydrate the body, boost metabolism, and reduce anxiety and stress. Presently, non-alcoholic beverages are easily available in online stores, supermarkets, retail, food service, and hypermarkets across the region.

Report Metric

Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

Africa Non-Alcoholic Beverages Market Trends:

The market is primarily driven by the growing health consciousness and consumer inclination toward the consumption of healthy beverage options. The rising consumer awareness regarding health and wellness is augmenting the consumption of fruit juices, alcohol-free cocktails, low calories, functional beverages, dairy-based drinks, zero-proof spirits, and low-carb drinks. In addition, the increasing working population, hectic lifestyle, and surging popularity of on-the-go beverages among individuals are contributing to the market growth. Moreover, the incorporation of innovative product variants with similar texture, taste, and color to alcoholic drinks and the launch of organic and natural ingredients-based variants represent another major growth-inducing factor. Furthermore, the advent of an online delivery model, rising disposable incomes, easy availability of diversified drink flavors, and extensive research and development (R&D) activities conducted by key market players for developing new product variants are creating a favorable market outlook across the region.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/africa-non-alcoholic-beverages-market/requestsample

Africa Non-Alcoholic Beverages Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

A.G. Barr p.l.c.
Al Ahram Beverages Company S.A.E. (Heineken N.V.)
Coca-Cola Peninsula Beverages (Pty) Ltd
Faragalla Group
Juhayna Food Industries S.A.E
Kingsley Beverages (Pty) Ltd
Nestlรฉ S.A.
PepsiCo Inc
Pioneer Food Group Limited
Red Bull GmbH
The Beverage Company
The Kraft Heinz Company
Tiger Brands Limited
Twizza (Pty) Ltd.

The report has segmented the market on the basis on region, product type, category, packaging type, distribution channel and end user.

Breakup by Product Type:

Carbonated Drinks
Non-Carbonated Drinks
Fruit and Vegetable Juice
Functional Drinks
RTD Tea and Coffee
Bottled Water
Othersย 

Breakup by Category:

Mass
Premium

Breakup by Packaging Type:

Bottles
Cans
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Breakup by End User:

Household
Institutional

Breakup by Country:

Nigeria
Algeria
South Africa
Morocco
Egypt
Ghana
Kenya
Tunisia
Cรดte d'Ivoire
Angola
Others

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/africa-non-alcoholic-beverages-market

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note:ย We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Reports By IMARC Group

Commercial Seaweeds Market: https://www.openpr.com/news/2887795/commercial-seaweeds-market-industry-analysis-challenges

Europe Premium Chocolate Market: https://www.openpr.com/news/2813904/europe-premium-chocolate-market-driven-by-the-growing

Food Service Equipment Market: https://www.openpr.com/news/2812557/global-food-service-equipment-market-driven-by-the-rising-number

Hemp-Based Food Market: https://www.openpr.com/news/2813924/global-hemp-based-food-market-to-reach-us-2-7-billion-by-2027

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USAย 
Website:ย https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin:ย https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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