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 global non-alcoholic beverages market was valued at approximately USD 1.7 trillion in 2022, with a compound annual growth rate (CAGR) of 6.5% projected from 2023 to 2028. This growth is driven by increasing consumer preference for healthier alternatives to alcoholic drinks and a rising awareness of health and wellness. Key segments contributing to this growth include non-alcoholic carbonated drinks, bottled water, and functional beverages. The market is expanding due to innovative product developments, including low-sugar and natural ingredient options, as well as the growing trend of mindful drinking.
Emerging markets present significant opportunities for expansion, particularly in regions such as Asia-Pacific and Latin America. In these areas, the market is witnessing accelerated growth due to rising disposable incomes, urbanization, and changing consumer lifestyles. Additionally, increased availability and distribution channels are bolstering market penetration. These factors collectively indicate a robust potential for both established players and new entrants to capitalize on the evolving consumer preferences in non-alcoholic beverages.
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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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