Global Non-Alcoholic Beverages Market 2024-2028
The non-alcoholic beverages market is forecasted to grow by USD 281.3 bn during 2023-2028, accelerating at a CAGR of 5.43% during the forecast period. The report on the non-alcoholic beverages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by frequent product launches by vendors, innovation in non-alcoholic beverages, and high demand for juice concentrates.
Technavio's non-alcoholic beverages market is segmented as below:
- By Type
- Non-carbonated
- Carbonated
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increased focus on sustainable packaging as one of the prime reasons driving the non-alcoholic beverages market growth during the next few years. Also, rise in number of mergers and acquisitions among vendors and high demand for non-alcoholic beverages among millennials and gen z consumers will lead to sizable demand in the market.
The report on the non-alcoholic beverages market covers the following areas:
- Non-alcoholic beverages market sizing
- Non-alcoholic beverages market forecast
- Non-alcoholic beverages market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non-alcoholic beverages market vendors that include ABC Fruits, Asahi Group Holdings Ltd., Dabur India Ltd., Foxtrot Beverages Pvt. Ltd, Frucor Suntory Australia Pty Ltd, Ghousia Food Products Pvt. Ltd., iStore Direct Trading Pvt Ltd, Keurig DR Pepper Inc., Manna Beverages and Ventures, National Beverage Corp., Nongfu Spring Co. Ltd., Ocean Spray Cranberries Inc., Parle Agro Pvt Ltd., PepsiCo Inc., Rachels Orchard, Refresco Group, Sajeeb Corp, SOURCE DU PAYS S.A, SUN IMPEX INTERNATIONAL FOODS LLC, and The Coca Cola Co.. Also, the non-alcoholic beverages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.