Press release
Non-Alcoholic Beverage Market worth $293.11 billion by 2030, growing at a CAGR of 7.31% - Exclusive Report by 360iResearch
Non-Alcoholic Beverage Market | 360iResearch
The Global Non-Alcoholic Beverage Market to grow from USD 166.61 billion in 2022 to USD 293.11 billion by 2030, at a CAGR of 7.31%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/non-alcoholic-beverage?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Non-alcoholic beverages are drinks that contain little to no alcohol, classified as having an alcohol content of less than 0.5% by volume. Non-alcoholic beverages are crafted to cater to a diverse range of consumers seeking refreshing, hydrating, or nutritious drink options without the inebriating effects associated with alcoholic substances. The increased awareness about health and wellness drives the demand for healthier beverage options, including organic and natural drinks. New flavors and functional ingredients attract consumers toward non-alcoholic beverages, looking for variety and added health benefits. In addition, the rise in busy lifestyles has bolstered the popularity of on-the-go and ready-to-drink beverage formats. However, changing raw materials costs and raising awareness about the detrimental effects of artificial ingredients have limited the consumption of non-alcoholic beverages. Nevertheless, the ongoing development of beverages fortified with vitamins, minerals, and other supplements catering to health-centric consumers is improving consumer preference for non-alcoholic beverages. Moreover, implementing cutting-edge manufacturing technologies to streamline operations and reduce beverage processing and packaging costs is expected to enhance the production and availability of non-alcoholic beverages in the coming years.
In the Americas, consumer preferences are steadily transitioning towards healthier non-alcoholic beverage options that offer added health benefits attributed to growing health consciousness and an increasing prevalence of lifestyle diseases in the region. Consumers in the Americas are known for their readiness to try new flavors and concepts, especially those that align with personal well-being and sustainability. European Union (EU) countries exhibit a maturing market for non-alcoholic beverages, strongly emphasizing quality, tradition, and natural ingredients. EU consumers demand beverages that contain less sugar, fewer artificial additives, and more organic or local ingredients. The EU is also active in ecological packaging advancements and recycling initiatives to address environmental and sustainability concerns. In the Middle East and Africa (MEA), the non-alcoholic beverage market is characterized by an appetite for traditional and cultural drinks and global brands. Asia-Pacific is observing rapid growth in the non-alcoholic beverage market, driven by rising disposable incomes and the adoption of Western dietary habits. Consumers have shown an increased interest in premium and health-oriented beverage options, such as green and herbal teas. The Asia Pacific region is a hub for innovation, as seen in recent patents filed for novel beverage formulations and packaging solutions designed to appeal to health-conscious consumers.
Market Segmentation & Coverage:
This research report categorizes the Non-Alcoholic Beverage Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across Bottled Water, Carbonated Soft Drinks, Fruit Beverages, Functional Beverages, and Sports Drinks. The Functional Beverages commanded largest market share of 24.71% in 2022, followed by Carbonated Soft Drinks.
Based on Distribution Channel, market is studied across Convenience Stores & Gas Stations, Food Service & Drinking Places, Supermarkets & Hypermarkets, and Vending Machine Operations. The Food Service & Drinking Places commanded largest market share of 33.36% in 2022, followed by Convenience Stores & Gas Stations.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 34.99% in 2022, followed by Asia-Pacific.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/non-alcoholic-beverage?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Non-Alcoholic Beverage Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Non-Alcoholic Beverage Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Non-Alcoholic Beverage Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, aelo, AJE Group, Appalachian Brewing Company, AriZona Beverages USA, LLC, Asahi Group Holdings, Ltd., Bisleri International Pvt. Ltd., Danone S.A., Flavorchem Corporation, Freixenet Mionetto USA, ITO EN, LTD., Jones Soda Co., Jøyus, Keurig Dr Pepper Inc., LaCroix Beverages, Inc., Molson Coors Beverage Company, Nestlé S.A., Niagara Bottling, LLC, Otsuka Holdings Co., Ltd., Parle Agro Pvt. Ltd., PepsiCo, Inc., Red Bull GmbH, Reeds Inc., Refresco Group, St. Regis, Starbucks Corporation, Suntory Beverage & Food Limited, The Coca-Cola Company, The Drink Ink, The Kraft Heinz Company, and Waterloo Sparkling Water Corp..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Non-Alcoholic Beverage Market, by Product Type
7. Non-Alcoholic Beverage Market, by Distribution Channel
8. Americas Non-Alcoholic Beverage Market
9. Asia-Pacific Non-Alcoholic Beverage Market
10. Europe, Middle East & Africa Non-Alcoholic Beverage Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Non-Alcoholic Beverage Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Non-Alcoholic Beverage Market?
3. What is the competitive strategic window for opportunities in the Non-Alcoholic Beverage Market?
4. What are the technology trends and regulatory frameworks in the Non-Alcoholic Beverage Market?
5. What is the market share of the leading vendors in the Non-Alcoholic Beverage Market?
6. What modes and strategic moves are considered suitable for entering the Non-Alcoholic Beverage Market?
Read More @ https://www.360iresearch.com/library/intelligence/non-alcoholic-beverage?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-Alcoholic Beverage Market worth $293.11 billion by 2030, growing at a CAGR of 7.31% - Exclusive Report by 360iResearch here
News-ID: 3398813 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Beverage
Beverage Coolers Market
Global Acetochlor Market is expected to grow at a significant CAGR during the forecast period 2024-2031
Acetochlor Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help…
Beverage Processing Equipment Market Transforming Production with Advanced Machi …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬"
The latest study released on the Beverage Processing Equipment Market evaluates market size, trend, and forecast to 2030. The Beverage Processing Equipment market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and…
Rising Beverage Consumption Boosts Beverage Can Market to $41.93 Billion by 2028
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Beverage Can Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $41.93 billion In 2028 At…
Performance Beverages Market Is Booming Worldwide | High Performance Beverage, R …
Advance Market Analytics published a new research publication on "Performance Beverages Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Performance Beverages market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Growing Preference for Beverage Dispensers with Commercial Beverage Dispensers M …
"The Report Global Commercial Beverage Dispensers Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
About Commercial Beverage Dispensers
Commercial beverage dispensers refer to containers that keep beverages fresh for a long period of time. This equipment also allows beverages to be dispensed in prescribed amounts and is mainly used by foodservice establishments such as hotels, restaurants, catering companies, clubs, and pubs.
Technavios…
Beverage Packaging Market
Zion Research has published a new report titled “Beverage Packaging (Bottle, Can, Pouch, and Carton) Market, By Material (Glass, Plastic, Metal, and Paperboard), for Alcoholic, Non-Alcoholic, and Dairy Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for beverage packaging market was valued at USD 108.4 billion in 2015, is expected to reach USD 138.7 billion in…
