Global Non-Alcoholic Beverages Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Non-Alcoholic Beverages Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Carbonated Beverage, and Non-carbonated Beverage (Fruit and Vegetable Juice, Functional Drinks, RTD Tea and Coffee, Bottled Water, and Other Types)), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Online Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Non-Alcoholic Beverages Market was valued at USD 1,261.8 billion in 2023 and is expected to reach USD 2,284.1 billion by 2031 while growing at a CAGR of 7.7% 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 non-alcoholic beverages market growth. Non-alcoholic beverages, which lack significant alcohol content, are crafted for consumption without the intoxicating effects of alcoholic drinks. This diverse category encompasses a wide range of drink options to suit various tastes, preferences, and occasions.
The increasing awareness and focus on health and wellness, along with ongoing innovation in the non-alcoholic beverage sector, drive market growth. However, obstacles such as sugar and caloric concerns, along with stringent regulations and labeling requirements, may hinder market expansion.
Furthermore, the global non-alcoholic beverages industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Non-Alcoholic Beverages Market is segmented among Carbonated Beverage, and Non-carbonated Beverage, based on Type. In 2023, Carbonated Beverage 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 Non-Alcoholic Beverages Market is segmented among Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Online Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Supermarkets/Hypermarkets 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 Non-Alcoholic Beverages 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 North America 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 PepsiCo Inc., The Coca-Cola Company, Danone SA, Nestle SA, Red Bull GmbH, Keurig Dr Pepper Inc., Parle Agro, Monster Beverage Corporation, AriZona Beverages USA, and IBS Partners Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Non-Alcoholic Beverages Market Dynamics
Drivers
Restraints
Opportunity
4. Global Non-Alcoholic Beverages Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Non-Alcoholic Beverages Market Segmentation, By Type
Global Non-Alcoholic Beverages Market Share Analysis, By Type
Global Non-Alcoholic Beverages Market Growth Analysis, By Type
Global Non-Alcoholic Beverages Market Trends, By Type
o Carbonated Beverage
o Non-carbonated Beverage
Ø Fruit and Vegetable Juice
Ø Functional Drinks
Ø RTD Tea and Coffee
Ø Bottled Water
Ø Other
6. Global Non-Alcoholic Beverages Market Segmentation, By Distribution Channel
Global Non-Alcoholic Beverages Market Share Analysis, By Distribution Channel
Global Non-Alcoholic Beverages Market Growth Analysis, By Distribution Channel
Global Non-Alcoholic Beverages Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Convenience Stores
o Speciality Stores
o Online Stores
o Other Distribution Channels
7. Global Non-Alcoholic Beverages Market Segmentation, By Region
Global Non-Alcoholic Beverages Market Share Analysis, By Region
Global Non-Alcoholic Beverages Market Growth Analysis, By Region
Global Non-Alcoholic Beverages Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
PepsiCo Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
The Coca-Cola Company
Danone SA
Nestle SA
Red Bull GmbH
Keurig Dr Pepper Inc.
Parle Agro
Monster Beverage Corporation
AriZona Beverages USA
IBS Partners Ltd
*Similar analysis will be provided for each company listed above.