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Non-Alcoholic Beverages Market to Display Growth of CAGR 5.5% from 2017 to 2023

11-28-2017 08:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Non-Alcoholic Beverages Market to Display Growth of CAGR 5.5%

Market Overview:

Non-Alcoholic Beverages has been increasing due to urbanization and changing consumption patterns, increasing consumers opting for healthy lifestyle and rising number of vegan consumers. Non-alcoholic drinks refer to beverages, which have less than 0.5% alcoholic content by volume, non-alcoholic beer and wine fall under this category. Alcohol free beverages are also known as 'virgin drinks.' Soft drinks, juices, ready-to-drink tea and coffee, bottled water, and energy drinks are the most-consumed non-alcoholic drinks in the global market.

With the growing consumer awareness & their increasing interest in healthy lifestyle, healthy Non-alcoholic beverages demand has increased. Changing lifestyle and growing demand for convenience food & beverages is anticipated to drive the non-alcoholic beverages market. Furthermore, growing health awareness and various weight loss diet trends will fuel the sales of herbal & fruit tea. These factors will support the growth of non-alcoholic beverages market during the forecast period 2017-2023.

Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/3155

Major Key Players:

The major key players in Non-Alcoholic Beverages Market are

• General Mills (U.S.)
• PepsiCo (U.S.)
• Fuze Beverage (U.S.)
• Coca-Cola (U.S.)
• Campbell Soup Company (U.S.)
• Nestlé (Switzerland)
• Altria Group (U.S.)
• Kraft Foods (U.S.)
• Ocean Spray (U.S.)
• Red Bull GmbH (Austria)

The demand for non-alcoholic beverages has pushed manufacturers to innovate and develop new product line which are better in taste and offers various health benefits.

Key Findings:

• Changing consumption pattern & urbanization has spurred the growth of non-alcoholic beverages market
• The market growth in Europe region is high compare to North America

Regional Analysis:

Global Non-Alcoholic Beverages Market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Among this Europe region has major market share followed by North America. Urbanization and rising disposable income in Asia Pacific region is driving the demand for non-alcoholic beverages in that particular region. Rising number of health cognizant and the growing demand for healthy beverages especially in China and India will be the crucial factor underlining the market growth.

Access Report Details @ https://www.marketresearchfuture.com/reports/non-alcoholic-beverages-market-3155

The Non-Alcoholic Beverages market is segmented under the following regions mentioned below:

North America
• US
• Canada
• Europe

Europe
• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe

Asia-Pacific
• China
• India
• Australia
• Singapore
• Rest of Asia Pacific

Rest of the world
• Brazil
• Argentina
• Saudi Arabia
• South Africa
• Others

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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