Global Non-alcoholic Beverage Market to reach USD XX billion by 2027. Global Non-alcoholic Beverage Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2021-2027. A non-alcohol drink, is basically a temperance drink, made without alcohol. Rising health consciousness and adoption of healthy habits among people enhance the market growth of non-alcoholic beverage market. For Instance: according to the United Nations in 2019 the world's population is expected to grow rapidly by 2 billion in coming years. It is estimated that the population will increase from 7.7 billion to 9.7 billion by 2050. For instance according to IFT organization six in ten adults are inspired towards healthy lifestyle such as regular exercises, eating healthy food, adopting healthy habits .In 2019 45% seek to prevent from various diseases, In 2019 47% want to get rid from obesity, and 37% want to boost up energy which pushes the market growth.
Hence, growing population will also increase the demand of beverage and food which meanwhile enhance the market growth. Rising development in packaging and labelling technologies pushes the market growth. However, Stringent regulatory norms impede the growth of the market over the forecast period of 2021-2027. Also, increasing healthcare awareness and adoption of healthy food is likely to increase the market growth during the forecast period.
The regional analysis of Non-alcoholic Beverage Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the significant region across the world in terms of market share owing rising disposable income and huge population, India, China, Thailand and Malaysia have availability of raw material and low-cost labor. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increasing demand for various non-alcoholic food and beverages products would create lucrative growth prospects for the Non-alcoholic Beverage Market across Asia-Pacific region.
Major market player included in this report are:
The Coca-Cola Company
The Kraft Heinz Company
Unilever
Nestl?(C) S.A.
Kellogg Company
Dr Pepper Snapple Group, Inc.
PepsiCo, Inc.
Reed's Inc.
Jones Soda Co.
Appalachian Brewing Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Carbonated Soft Drinks (CSDs)
Fruit Beverages
Bottled Water
Functional Beverages
Sports Drinks
Other
By Distribution Channel:
Supermarkets and general merchandisers
Food Service & Drinking Places
Convenience Stores & Gas Stations
Vending Machine Operations
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Non-alcoholic Beverage Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors