Non-alcoholic Beverages Market was valued at USD 1,100 Billion in 2022 and is projected to reach USD 1,700 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The non-alcoholic beverages market has seen significant shifts between 2018 and 2022, reflecting changing consumer preferences, health trends, and innovations in product offerings. As the demand for health-conscious drinks surged, the market expanded rapidly, driven by consumers seeking lower-sugar, lower-calorie, and alcohol-free alternatives. A growing emphasis on wellness, coupled with the rise of plant-based, organic, and functional beverages, led to a broad diversification in product categories. Global health trends such as fitness awareness, diabetes management, and mindfulness were key drivers behind the shift toward non-alcoholic options in sectors ranging from soft drinks to functional waters and energy drinks.
The market expansion witnessed in 2018-2022 reflects a compound annual growth rate (CAGR) of approximately 7.5%, fueled by a new wave of consumer demand for clean labels and transparency in ingredients. Non-alcoholic beverages such as mocktails, alcohol-free spirits, and sparkling waters gained significant traction, creating opportunities for new entrants and established brands to innovate and develop products catering to the evolving consumer base. From carbonated soft drinks to functional drinks with added vitamins and probiotics, the versatility in non-alcoholic beverages led to a considerable increase in consumer spending across various price segments.
As we compare the growth from 2023 to 2033, the non-alcoholic beverage market is expected to continue evolving at an accelerated pace, particularly as sustainability concerns, and the demand for low- and no-sugar options rise. In line with environmental goals, more brands are emphasizing eco-friendly packaging, carbon-neutral production processes, and the use of local, natural ingredients. Innovation in flavors, including exotic and tropical infusions, along with a broader focus on personalized nutrition, is expected to lead the market’s future development.
Future projections show that the non-alcoholic beverages market could grow at an even faster rate, with the market share of health-oriented drinks such as functional beverages, enhanced waters, and plant-based beverages increasing substantially. Moreover, trends such as the rising popularity of wellness-oriented beverages and the increasing consumption of non-alcoholic alternatives in traditionally alcohol-dominated settings (such as bars and restaurants) are expected to drive further growth. Regional differences, such as the increasing demand for non-alcoholic options in North America and Europe, coupled with growth in emerging markets like Asia-Pacific, will contribute to shaping the market dynamics in the years ahead.
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PepsiCo
The Coca-Cola
Suntory Beverage & Food
Dr Pepper Snapple Group
Arca Continental
Ito En
Uni-President China Holdings
Monster Beverage
Embotelladora Andina
Refresco Group
Britvic
Lotte Chilsung Beverage
Kagome
DyDo Group
Lassonde Industries
Tata Global Beverages
Massimo Zanetti Beverage Group
Fraser & Neave Holdings
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-alcoholic Beverages Market
Convenience Stores
E-commerce
Hypermarket and Supermarket
Others
Based on Types the Market is categorized into Below types that held the largest Non-alcoholic Beverages market share In 2023.
Carbonated
Non-Carbonated
RTD Beverages
Hot Drinks
Sports & Energy Drinks
Specialty Drinks
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non-alcoholic Beverages Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non-alcoholic Beverages Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-alcoholic Beverages Market, By Type
6. Global Non-alcoholic Beverages Market, By Application
7. Global Non-alcoholic Beverages Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Non-alcoholic Beverages Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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