Global Non-alcoholic Drinks Market to Benefit from Rising Disposable Incomes in Developing Regions

The report is titled “Non-Alcoholic Drinks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” and is available on the company’s website for sale. The major factors said to benefit the global non-alcoholic drinks market include the rising disposable incomes in developing regions, changing consumer food and beverage preferences, and the introduction of numerous flavors and variants in the non-alcoholic beverages market.

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Transparency Market Research has announced the publication of a market research report that examines the global market for non-alcoholic drinks and its crucial elements. The report gives an expansive overview of the market with the help of detailed quantitative as well as qualitative data pertaining to the past and present states of market elements, along with an analysis of the impact of the major growth drivers, challenges, and trends on the market’s future developmental aspects.

The report states that the global non-alcoholic beverages market, which had a valuation of US$1,435.25 bn in 2013, will expand at a 4.3% CAGR over the period between 2014 and 2020 and reach US$1,937.73 bn by 2020. In terms of volume, the market is expected to expand at a similar 4.9% CAGR, propelling the consumption of non-alcoholic beverages from 912.77 bn liters in 2013 to 1,289.03 bn liters by 2020.

However, the rising concerns regarding the health effects of artificially sweetened beverages will restrain the overall growth of the global non-alcoholic beverages market to a certain extent.The report segments the market on the basis of two criteria: product type and geography. On the basis of product type, the market has been segmented into soft drinks, dairy drinks, tea and coffee, bottled water, juice, and others. On the basis of geography, the market has been segmented into Europe, North America, Rest of the World, and Asia Pacific.

Of the key product types studied, the segment of soft drinks led the market with a volume of 471.07 bn liters in 2013. The demand for soft drinks has especially seen a significant rise in emerging countries owing to the rising disposable incomes of the population in these regions. Over the forecast period, however, the segment of tea and coffee products is expected to expand at the fastest pace, an estimated 7.0% CAGR, over the report’s forecast period.

Of the key regional markets examined in the report, North America dominated the global market for non-alcoholic beverages. However, over the report’s forecast period, the market for non-alcoholic beverages in Asia Pacific is expected to expand at the fastest pace.

The report also presents a detailed analysis of the competitive landscape of the global non-alcoholic drinks market with the help of recent project feasibility analysis, SWOT analysis, finance-related details, and business profiles of some of the major vendors operating in the market. Recent developments and inputs from industry experts are also taken into consideration while giving insights into the competitive landscape of the market.

Some of the key vendors in the market profiled in the report are Nestlé S.A., Danone, The Coca-Cola Company, PepsiCo Inc., Calcol, Inc., Attitude Drinks, Inc., A.G.Barr, p.l.c., LiveWire Ergogenics, Inc., Dydo Drinco, Inc., and Dr Pepper Snapple Group, Inc.

The report segments the global non-alcoholic drinks market as:

Non-Alcoholic Drinks Market, by Product

Soft Drinks
Bottled Water
Tea and Coffee
Juice
Dairy Drinks
Others

Non-Alcoholic Drinks Market, by Geography:
North America
U.S.
Canada
Rest of North America

Europe
Italy
France
Poland
U.K.
Germany
Netherlands
Hungary
Rest of Europe

Asia Pacific
India
China
Japan
Australia
Rest of Asia Pacific

Rest of the World
Brazil
Middle East
Others

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This release was published on openPR.