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Africa Non-Alcoholic Beverages Market Share, Size, Trends Report 2023-2028

11-23-2023 06:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Africa Non-Alcoholic Beverages Market Report

Africa Non-Alcoholic Beverages Market Report

IMARC Group, a leading market research company, has recently releases report titled "Africa Non-Alcoholic Beverages Market Report by Product Type (Carbonated Drinks, Non-Carbonated Drinks), Category (Mass, Premium), Packaging Type (Bottles, Cans, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), End User (Household, Institutional), and Region 2023-2028." The study provides a detailed analysis of the industry, including Africa non-alcoholic beverages market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the African non-alcoholic beverages market?

The Africa non-alcoholic beverages market size reached US$ 82.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 141.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.

What are non-alcoholic beverages?

Non-alcoholic beverages, also known as non-alcoholic drinks or soft drinks, are liquid refreshments that do not contain any alcohol. These beverages are created to quench thirst, provide flavor, and offer an alternative to alcoholic drinks. They include numerous options catering to various preferences and dietary requirements. Some commonly known non-alcoholic beverages include carbonated soft drinks, fruit juices, water, iced tea, coffee, coffee-based drinks, smoothies, mocktails, energy drinks, infused water, and sports drinks. They are enjoyed by individuals of all ages, including those who choose to avoid alcohol for religious, health, cultural, or personal reasons. At present, non-alcoholic beverages serve as refreshing options for various occasions, from casual meals to social gatherings, available with various flavors, textures, and compositions catering to different tastes and preferences of individuals across the region.

Request for a free sample copy of this report: https://www.imarcgroup.com/africa-non-alcoholic-beverages-market/requestsample

What are the growth prospects and trends in the Africa non-alcoholic beverages industry?

The market is primarily driven by changing consumer preferences. In addition, the growing health awareness and evolving lifestyle trends led consumers to seek alternatives to sugary and alcoholic drinks, thus contributing to market growth. Non-alcoholic beverages offer reduced or zero-calorie options, making them appealing choices for those looking to manage their calorie intake and maintain a healthier lifestyle. Moreover, the introduction of innovative and exotic flavor combinations that tantalize the taste buds, from fruit-infused waters to herbal blends and exotic fruit juices, these offerings are capturing consumers' curiosity which represents another major growth-inducing factor. Besides this, the popularity of social gatherings and the availability of elaborate and creative mocktails, crafted with flair similar to cocktails, catering to individuals seeking flavorful and aesthetically pleasing beverages without the effects of alcohol, are accelerating the market growth. Furthermore, the growing awareness of environmental issues led manufacturers to use eco-friendly packaging and sourcing ingredients responsibly, thus creating a positive market outlook across Africa.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

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

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
Côte d'Ivoire
Angola
Others

Who are the key players operating in the industry?

The report covers the major market players including:

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
Nestlé S.A.
PepsiCo Inc
Pioneer Food Group Limited
Red Bull GmbH
The Beverage Company
The Kraft Heinz Company
Tiger Brands Limited
Twizza (Pty) Ltd.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=3542&flag=C

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

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 Group'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.

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