Non-Alcoholic Beverage Market Industry Growth, Development and Demand Forecast to 2029

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The Non-Alcoholic Beverage Market had an estimated revenue of US$ 745.20 billion in 2022 and is anticipated to grow at a CAGR of 6.5% to US$ 1,080.32 billion by 2029.

Non-Alcoholic Beverage Market Report Overview

The research draws upon predictions from prominent organizations and market statistics. Within the Non-Alcoholic Beverage Market research, there's an intricate examination at global, regional, and country levels, accompanied by a competitive outlook throughout the forecast timeframe and evaluations of individual company worth. The Non-Alcoholic Beverage market report comprehensively addresses growth factors, existing market shares, technological advancements, applications, and the extent of regional presence, all projected until 2029.

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Non-Alcoholic Beverage Market Value

The Non-Alcoholic Beverage Market had an estimated revenue of US$ 745.20 billion in 2022 and is anticipated to grow at a CAGR of 6.5% to US$ 1,080.32 billion by 2029.

Non-Alcoholic Beverage Market Report Scope and Research Methodology

The report concerning the Non-Alcoholic Beverage market presents both qualitative and quantitative analyses of market development factors, constraints, opportunities, and challenges within the global market landscape. The Non-Alcoholic Beverage market research was executed by segmenting the market into primary categories, further divided into various sub-segments. The report provides an analysis of the market on a regional basis, encompassing dynamics and the size of the Non-Alcoholic Beverage market.

The research conducted by MMR in the Non-Alcoholic Beverage industry integrates primary and secondary research methods, lending authenticity to the report. Employing a bottom-up approach, the estimation of both global and regional Non-Alcoholic Beverage market sizes was undertaken. MMR's report emerges from a comprehensive study that utilized a range of methodologies including PESTLE, PORTER, and SWOT analyses. These models were employed to illuminate the vital financial considerations that Non-Alcoholic Beverage market players should prioritize when formulating marketing strategies for both consumer and industrial markets.

Non-Alcoholic Beverage Market Regional Analysis

The Non-Alcoholic Beverage market report encompasses an examination of various regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The research delves into the primary geographic landscape, offering analyses of segments and sub-segments within the report. The current status of each regional market is detailed within the report, encompassing aspects like market size, share, and volume.

Drivers of the Non-Alcoholic Beverage Market

Numerous important reasons are propelling the growth and expansion of the non-alcoholic beverage market. Key motivators include evolving consumer lifestyles, health consciousness, and convenience preferences. These days, consumers are actively looking for better options, which is fueling the demand for natural, sugar-free beverages that are fortified with healthy ingredients. Ready-to-drink liquids such bottled water, RTD tea, coffee, and energy drinks have become increasingly popular as a result of consumers' hectic schedules and demand for portable refreshments.

Non-Alcoholic Beverage Market Segmentation

by Type

Carbonated Drinks
Juices
Energy Drinks
Ready-To-Drink (RTD) Tea & Coffee
Functional Beverages
Packaged Water

Sorted by Type: Ready-to-Drink (RTD) Carbonated Drinks The process of breaking down the non-alcoholic beverage market into different categories results in the following segments: Tea & Coffee, Juices, Energy Drinks, Functional Beverages, and Packaged Water.

The Non-Alcoholic Beverage Market is segmented based on the types of beverages that are offered, which is crucial in understanding the wide range of needs, expectations, and preferences of the market's consumers. While juices provide a selection of fruit-based options, carbonated drinks often contain a number of bubbly beverages. Energy drinks are designed for consumers who want a quick energy boost, and ready-to-drink tea and coffee satisfy those who want convenience and refreshment.

by Distribution Channels

Supermarkets & Hypermarket
Convenience Stores
Online Retail
Foodservice Outlets
Vending Machines

by Price

Premium
Mid-Range
Budget-Friendly

by Age

Infant (0-2 years)
Child (2-14)
Teenager (15-17)
Young Adults (18-29)
Adults (30-59)
Senior Citizen (60 or greater)

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Non-Alcoholic Beverage Key Players

1. Coca-Cola Company
2. PepsiCo Inc.
3. Nestlé S.A.
4. Keurig Dr Pepper Inc.
5. Danone S.A.
6. Red Bull GmbH
7. The Kraft Heinz Company
8. Unilever NV
9. Monster Beverage Corporation
10. Starbucks Corporation
11. Ocean Spray Cranberries, Inc.
12. The Coca-Cola Company
13. Pernod Ricard SA
14. Asahi Group Holdings, Ltd.
15. Suntory Holdings Limited
16. Tropicana Products Inc.
17. The Hershey Company
18. Dr Pepper Snapple Group Inc.
19. Britvic plc
20. Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA)
21. Monster Energy Company
22. Argo Tea Inc.
23. Dole Food Company, Inc.
24. Ocean Brands GP
25. Lipton
26. Nescafe

Table of content for the  Non-Alcoholic Beverage Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Non-Alcoholic Beverage Market Report

Part 03: Global Non-Alcoholic Beverage Market Landscape

Part 04: Global Non-Alcoholic Beverage Market Sizing

Part 05: Global Non-Alcoholic Beverage Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Questions answered in the Non-Alcoholic Beverage Market Report are:

  • What is Non-Alcoholic Beverage?
  • What is the expected CAGR of the Non-Alcoholic Beverage market during the forecast period?
  • Which factor is expected to create growth opportunities for the Non-Alcoholic Beverage Market?
  • What factors are affecting the Non-Alcoholic Beverage market growth?
  • Which region held the largest share of the global Non-Alcoholic Beverage market?
  • What key trends are expected to emerge in the Non-Alcoholic Beverage market during the forecast?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation- A detailed analysis of each segment and their sub-segments
  • Competitive Landscape - Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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