Global Beverage Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Beverage Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Alcoholic Beverages (Beer, Wine, and Spirits), and Non-Alcoholic Beverages (Energy & Sports Drinks, Soft Drinks, Bottled Water, Packaged Juice, RTD Tea and Coffee, and Other Non-Alcoholic Beverages)), Distribution Channel (On-trade, and Off-trade (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online Retail Stores, and Other Off Trade Channels)), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Beverage Market was valued at USD 3,659.9 billion in 2023 and is expected to reach USD 5,109.9 billion by 2031 while growing at a CAGR of 4.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global beverage market growth. A beverage is a liquid meant for human consumption, with various categories based on ingredients, preparation methods, and consumption purposes. These categories broadly include non-alcoholic and alcoholic beverages.
Ongoing innovation and changing consumer preferences fuel the growth of the beverage market. However, obstacles, including growing health concerns such as obesity and diabetes, as well as the implementation of sugar taxes and anti-sugar campaigns, may impede market expansion.
Furthermore, the global beverage industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Beverage Market is segmented among Alcoholic Beverages, and Non-Alcoholic Beverages, based on Product Type. In 2023, Alcoholic Beverages accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Beverage Market is segmented among On-trade, and Off-trade, based on Distribution Channel. In 2023, Off-trade accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Beverage Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Nestle S.A., PepsiCo, Inc., The Coca-Cola Company, Anheuser-Busch InBev, Heineken N.V., Diageo plc, Suntory Holdings Limited, Constellation Brands, Inc., Red Bull GmbH, and Keurig Dr Pepper.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Beverage Market Dynamics
Drivers
Restraints
Opportunity
4. Global Beverage Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Beverage Market Segmentation, By Product Type
Global Beverage Market Share Analysis, By Product Type
Global Beverage Market Growth Analysis, By Product Type
Global Beverage Market Trends, By Product Type
o Alcoholic Beverages
Ø Beer
Ø Wine
Ø Spirits
o Non-Alcoholic Beverages
Ø Energy & Sports Drink
Ø Soft Drinks
Ø Bottled Water
Ø Packaged Juice
Ø RTD Tea and Coffee
Ø Other Non-Alcoholic Beverages
6. Global Beverage Market Segmentation, By Distribution Channel
Global Beverage Market Share Analysis, By Distribution Channel
Global Beverage Market Growth Analysis, By Distribution Channel
Global Beverage Market Trends, By Distribution Channel
o On-trade
o Off-trade
Ø Supermarkets/Hypermarkets
Ø Convenience/Grocery Stores
Ø Online Retail Stores
Ø Other Off Trade Channels
7. Global Beverage Market Segmentation, By Region
Global Beverage Market Share Analysis, By Region
Global Beverage Market Growth Analysis, By Region
Global Beverage Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Nestle S.A.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
PepsiCo, Inc
The Coca-Cola Company
Anheuser-Busch InBev
Heineken N.V.
Diageo plc
Suntory Holdings Limited
Constellation Brands, Inc.
Red Bull GmbH
Keurig Dr Pepper
*Similar analysis will be provided for each company listed above.