Non-alcoholic Beverages Market Size, Share, Future Growth, 2032

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞:
The global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. As per a recent published report by Fortune Business Insights titled, "Non-alcoholic Beverages Market Size, Share & Industry Analysis, By Type (Carbonated Soft Drinks, RTD Coffee & Tea, Bottled Water, and Fruit Beverages), Distribution Channel (Supermarket/ Hypermarket, Food Services Sector, Convenience Stores, Specialty Stores, and Online Retails), and Regional Forecast, 2020-2032,"
The global non-alcoholic beverages market size was valued at USD 919.13 billion in 2019 and is projected to reach USD 1601.87 billion by 2032, exhibiting a CAGR of 6.84% during the forecast period based on our analysis in the existing report.
𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐃𝐅: https://www.fortunebusinessinsights.com/enquiry/sample/non-alcoholic-beverages-market-101927
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
• Pepper Snapple Group, Inc. (Texas, U.S.)
• Monster Beverage Corp (California, U.S.)
• PepsiCo, Inc. (New York, U.S.)
• ITO EN Ltd (Tokyo, Japan)
• The Coca-Cola Company (Georgia, U.S.)
• Reed's, Inc. (Norwalk, U.S.)
• The Kraft Heinz Company (Chicago, U.S.)
• Appalachian Brewing Co. (Harrisburg, U.S.)
• Nestle S.A. (Vevey, Switzerland)
• Arca Continental SAB de CV (Monterrey, Mexico)
𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐬 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬:
• A 360-degree overview of the market focusing on drivers, restraints, challenges, and upcoming opportunities
• Nature of market and list of key players operating in the market for non-alcoholic beverages
• Detailed list of segmentation with names and figures of leading segments
• Future of the market
𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬-
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐨𝐟 𝐑𝐞𝐟𝐫𝐞𝐬𝐡𝐦𝐞𝐧𝐭 𝐃𝐫𝐢𝐧𝐤𝐬 𝐭𝐨 𝐀𝐢𝐝 𝐢𝐧 𝐅𝐚𝐯𝐨𝐫
The growing prevalence of both acute and chronic diseases has driven people to adopt healthier lifestyles, which include regular exercise and the consumption of nutritious foods and beverages. This shift towards healthier living and dietary habits is a major factor fueling the growth of the global non-alcoholic beverages market. Additionally, the rising popularity of refreshment drinks, along with the introduction of innovative flavors and tastes, is expected to further boost market expansion during the forecast period.
However, the market may face challenges due to fluctuating prices of raw materials used in non-alcoholic beverages, particularly seasonal fruits, and potential supply shortages. Despite these obstacles, the growth of e-commerce platforms and increased production of soft drinks to meet consumer demand are likely to create lucrative opportunities for the market in the coming years.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/non-alcoholic-beverages-market-101927
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧-
𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞𝐝 𝐒𝐨𝐟𝐭 𝐃𝐫𝐢𝐧𝐤𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐄𝐦𝐞𝐫𝐠𝐞𝐝 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐭 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐢𝐭𝐬 𝐑𝐞𝐟𝐫𝐞𝐬𝐡𝐢𝐧𝐠 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬
Among all segments in type, the carbonated soft drinks segment earned 39.80% share in 2019 and emerged dominant. This segment is holding the largest non-alcoholic beverages market share on account of its refreshing properties and cost-efficiency.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬-
𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐇𝐞𝐥𝐝 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐒𝐡𝐚𝐫𝐞𝐬 𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐧𝐠 𝐭𝐨 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐛𝐥𝐞 𝐈𝐧𝐜𝐨𝐦𝐞 𝐨𝐟 𝐏𝐞𝐨𝐩𝐥𝐞
Among all regions, Asia Pacific held the largest non-alcoholic beverages market share in 2019. This is attributable to the increasing modernization and adoption of western habits among people that resulted in rise in expenditure on beverage products. On the other side, the North American market earned USD 199.53 billion and will showcase significant growth in the coming years on account of rising demand for sports drinks and RTD beverages in the region. Besides this, the Europe market will witness a notable growth on account of the decline in consumption of alcoholic beverages and increasing popularity of 'better-for-you" products, thereby promoting the consumption of healthy soft drinks.
𝐍𝐨𝐧-𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤
• Growing Health Consciousness: More consumers are focusing on health and wellness. This trend is driving demand for low-calorie and sugar-free options.
• Diverse Product Range: The market is expanding with innovative flavors and formulations. Brands are introducing everything from sparkling waters to herbal teas to meet diverse tastes.
• Sustainability Focus: Eco-friendly packaging is becoming a priority. Many brands are adopting sustainable practices to appeal to environmentally conscious consumers.
𝐀𝐬𝐤 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/non-alcoholic-beverages-market-101927
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞-
𝐂𝐨𝐜𝐚-𝐂𝐨𝐥𝐚 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐢𝐬 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐧𝐠 𝐭𝐨 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬
The global non-alcoholic beverages market is highly consolidated, with a few key players, such as Nestlé S.A., The Coca-Cola Company, and PepsiCo Inc., holding a significant share. The Coca-Cola Company leads the market through its ongoing innovations in beverage products, including its VitaminWater line, probiotic drinks, fermented beverages, and ready-to-drink (RTD) options. For instance, in March 2019, Coca-Cola launched a Jaljeera-flavored drink in the Indian market. Other companies are also heavily investing in innovative product launches to gain a competitive advantage. Additionally, many are pursuing collaborative strategies, including agreements, contracts, joint ventures, and partnerships, to drive substantial revenue growth in the coming years.
𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟏𝟗 - The launch of a greenhouse accelerator program in 2020 was announced in North America by PepsiCo Co. to help smart startup companies provide the base for following up with the current trends in the non-alcoholic beverage segment and earn a position in the market competition.

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This release was published on openPR.