Non Alcoholic Beverages Market

Non Alcoholic Beverages Market

  • Home
  • Food & Beverages
  • Non Alcoholic Beverages Market
  • |Published Month : November, 2022
  • |No. of Pages : 135

Non Alcoholic Beverages Market Statistics

  • The global Non Alcoholic Beverages Market Size stood at $940 Billion in 2020 and is poised to register 5.91% growth over the forecast period to 2026
  • The COVID-19 resulted in year-on-year decrease of 7.8% in market value
  • Soft Drinks are the most consumed type of non-alcoholic beverages market size with 32.1% market share
  • Supermarkets and Hypermarkets continue to be the largest distribution mode of Non Alcoholic Beverages, with 65.6% share
  • Driven by China, Asia-Pacific dominates the global Non Alcoholic Beverages market with 36% market share
  • Launch of new bottled water products, premiumization trends across hot drinks segment, Increase in Popularity of Vegetable-derived Juices, potential opportunities in organized retailing and others are among the leading trends set to shape the market outlook
  • Market is relatively fragmented in nature and the leading companies in the market include- PepsiCo, Inc., Coca-Cola Company, Danone S.A, Nestle S.A, and Parle Agro


Non Alcoholic Beverages Market Size Outlook



Non Alcoholic Beverages Market Segmentation

  • Types
    • Soft Drinks
    • Bottled Water
    • Coffee, teas and other hot drinks
    • Fruit and vegetable juices
    • Functional Drinks
    • Others
  • Distribution Channels
    • Supermarkets and Hypermarkets
    • Convenience Stores
    • Independent Retailers and Specialty Stores
    • e-Commerce
  • Regions
    • North America
    • Europe
    • Asia Pacific
    • Middle East Africa
    • Latin America


No Alcoholic Beverages Market Analysis, 2021

The global non-alcoholic beverages market is forecast to register healthy growth rates globally over the forecast period. Despite challenges of increased unemployment, lower household spending levels and other demand side risks, the industry will register 6.3% year-on-year growth during 2021. Both spending and consumption of non-alcoholic drinks will witness strong growth over the forecast period.


A number of prominent trends are shaping the global non-alcoholic beverages market. Discount retail channels and private label products continue to gain market shares across markets. Mineral or spring waters segment is quickly emerging as preferred drink, in particular, in developed markets. Digestive health drinks, energy drinks, functional drinks, ready-to-consume drinks and others mark the future of the industry.


Among product types, the global non-alcoholic beverages market is categorized into Soft Drinks, Bottled water, Coffee, teas and other hot drinks, fruit and vegetable juices, functional drinks and others. Of these, soft drinks dominated the global market, driven by huge market penetration in developed and developing markets. Though the outlook for soft drinks looks sluggish in developed markets, developing markets continue to offer strong growth potential during the forecast period.


Distribution channels play a vital role in marketing for non-alcoholic beverages. During 2020, the market was characterized by lockdown restrictions, panic buying and disruptions in supply chain. Online channels gained significant boost in market share. However, with things anticipated to normal conditions, we expect the role of traditional distribution channels to witness market growth in addition to online channels. Overall, supermarkets and hypermarkets dominated the global market with 65.6% market share.


Among regions, Asia Pacific dominates the global markets with 35.9% market share, driven largely by huge consumption power parity of families in the US. Chinese market, on the other hand, is forecast to register fastest growth driven by increasing disposable income, rapid urbanization and drive towards ready-to-consume foods and drinks.


Some of the leading companies in the industry include PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Nestle S.A.; and Kraft Heinz Company, Suntory Beverage and Food Ltd.


Non Alcoholic Beverages Companies Analysed in the Report

  • PepsiCo, Inc.
  • The Coca-Cola Company
  • Danone S.A
  • Nestle S.A
  • Kraft Heinz


Non Alcoholic Beverages Market Trends- Launch of new bottled water products


Increasing demand for mineral and spring waters is encouraging companies to launch new varieties in bottled water. Great tasting water, no acidic ion taste, calorie free, multi-step purification process, pure artesian water, naturally electrolyte, wide range of flavours, sourced from springs, low mineral content, pH balance of over 9.5, added electrolytes,  and others are being marketed by companies. Further, companies are making innovations in packaging through attractive designs, display of minerals, environmental friendly packaging, BPA-free bottles, marketing in varying bottle sizes and others. Products to cater specific segments are also being launched. Working class women and youth are increasingly being targeted by companies to stay ahead of competition. Companies are also extra cautious on creating and establishing brand identity for their products in the market through promotional campaigns focusing on building an individualistic identity.


Non-Alcoholic Beverages Market Drivers- Organized retailing offers strong opportunities for growth


Organized retail market continues to grow steadily despite penetration of online channels. Ready to consume drinks are largely made available through organized retail stores as most consumers find these stores as convenient for shopping. Supermarkets and hypermarkets hold the maximum share in non-alcoholic beverages industry. Urbanization, increasing disposable incomes in emerging countries coupled with rapid expansion of supermarkets in these markets encourages market growth.


Soft Drinks Market Size Forecast, US$ Billion, 2020- 2026

The global soft drinks market is expected to witness moderate growth in terms of revenue at a CAGR of 4.8% during the forecast period. Growing urbanization rates, expansion across large populated countries such as China, India, Brazil and other markets shapes the future of the market. On the other hand, mature market conditions in Europe and North America, and increasing health awareness in these markets poses challenges to market growth. Sugar taxes are gradually being implemented in many countries, both developed and developing nations, where the forecast for carbonated soft drinks remains low.


Companies are focusing on operational efficiency to achieve economies of scale in intense competitive conditions. As volume sales are likely to suffer in developed countries, companies are focusing on value added products. Higher unit pricing through smaller pack sizes and focus on single-serve is being observed. Natural varieties of soft drinks, low-calorie soft drinks to cater health-conscious individuals coupled with rising per capita disposable income is being observed.


Overall, the demand for soft drinks is poised to increase from $301.7 billion in 2020 to $399.3 billion in 2026, at a compounded annual growth rate (CAGR) of 4.8%.


Non Alcoholic Beverages Company- Suntory Beverage & Food Ltd.

Suntory Beverage & Food Ltd is a Japan based brewing company that engages in the manufacture and sale of food products and non-alcoholic beverages.

With the acquisition of Beam, Inc. in 2014, Suntory diversified internationally and become the third largest maker of distilled beverages in the world.

The company operates its business through the following segments: Japan, Europe, Asia, Oceania, and Americas. The Japan segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use. The Europe, Asia, Oceania, and Americas segments offer products from the brands Orangina, Schweppes, Oasis, V, Just Juice, Lucozade, Ribena, Tipco and Pepsi.  

Key Brands:

Non-Alcoholic Beverages: Iyemon; Boss; Suntory Tennensui; Suntory Oolong Tea; Green Dakara; Pepsi; C.C. Lemon; Iyemon Tokucha; Suntory Black Oolong Tea; Suntory Goma mugicha; Orangina; Lucozade; Ribena; Tea+; Mytea; Brand’s Essence of Chicken; V; Ovi; Craft Boss

Spirits – Yamazaki; Hakushu; Hibiki; Toki; Kakubin; Chita; Jim Beam; Maker’s Mark Boubon; Sauza Tequila; Courvoisier; Laphroaig; Canadian Club; The Japanese Craft Gin ROKU; canned Kaku Highball; -196 ˚C Strong Zero; Horoyoi;

Beer – The Premium Malt’s; Kin-Mugi; All-Free;

Wine – Tomi Red; Tomi White; Japan Premium Muscat Bailey A; Japan Premium Koshu; Akadama Sweet Wine; Château Lagrange; Château Beychevelle

Health Foods – Sesamin EX; DHA & EPA + Sesamin EX; Royal Jelly + Sesamin E; Locomore; F.A.G.E; Milcolla.

Suntory plans to expand businesses globally with a focus on five key regions. Japan, Europe, Asia, Oceania and Americas. In April 2019, Suntory partnered with Drinkripples, an Israeli-based company to utilize printing facilities of the Drinkripples.

In 2017, Suntory launched Craft Boss series. This series was launched as the coffee beverage mainly targeting those who have new work styles that are no longer limiting workers to the office or specific work hours.

In 2020, BOSS brand achieved 25 consecutive years of growth.

In 2016, V line-up Pure was launched and it expands with products such as V Pure, which is made with natural ingredients.

In 2016, May Tea brand was launched in France, 2017 – in Belgium, 2018 – in Spain. It is a low-sugar, infused ice tea available in a variety of flavours, which is utilizing Japanese tea-making technology.

The company was founded in February 1899 and is headquartered in Tokyo, Japan.

1.1 List of Tables    6
1.2 List of Figures    8
2.1 Summary    11
2.2 The global food and beverage industry in 2021    12
2.3 Non Alcoholic Beverages Industry Outlook, 2020 – 2026    13
2.4 Abbreviations    14
3.1 Market Segments - Types, Applications, and Countries    15
3.2 Research Methodology    16
4.1 GDP Outlook, 2010 – 2030    17
4.2 Population Outlook of Select Countries, 2010 – 2030    18
5.1 Industry Panorama    19
5.2 Major Companies    20
5.3 Market Trends    20
5.3.1 Launch of new bottled water products    20
5.3.2 Premiumization trends across hot drinks segment    21
5.3.3 Increase in Popularity of Vegetable-derived Juices    21
5.3.4 Organized retailing offers strong opportunities for growth    21
5.3.5 Consumer demand for innovative and more convenient products is increasing    22
5.3.6 Intense competition among vendors restricts margins    22
5.4 Regional Outlook    23
6.1 Largest Types    24
6.1.1 Soft Drinks    25
6.1.2 Bottled Water    26
6.1.3 Coffee, teas and other hot drinks    27
6.1.4 Fruit and Vegetable Juices    28
6.1.5 Functional Drinks    29
6.1.6 Others    30
7.1 Mild COVID Scenario    31
7.2 Harsh COVID Scenario    32
7.3 Severe COVID Scenario    32
8.1 Supermarkets and Hypermarkets    34
8.2 Convenience Stores    35
8.3 Independent Retailers and Specialty Stores    36
8.4 E-Commerce    37
9.1 Outlook    38
9.2 Trends and Opportunities    39
9.2.1 Soft Drinks dominates the North American Non-Alcoholic Beverages Market    39
9.2.2 Supermarkets and Hypermarkets dominate the North American Non-Alcoholic Beverages Market    40
9.2.3 The US dominates the North American Non-Alcoholic Beverages Market    41
9.3 Market Outlook by Country    42
9.3.1 United States    42
9.3.2 Canada    43
9.3.3 Mexico    45
10.1 Outlook    46
10.2 Trends and Opportunities    47
10.2.1 Soft Drinks Dominate the European Non-Alcoholic Beverages Market    47
10.2.2 Supermarkets and Hypermarkets dominate the European Non-Alcoholic Beverages Market    48
10.2.3 Germany dominates the European Non-Alcoholic Beverages Market    49
10.3 Market Outlook by Country    50
10.3.1 Germany    50
10.3.2 United Kingdom    51
10.3.4 France    52
10.3.5 Spain    53
10.3.6 Rest of Europe    54
11.1 Outlook    55
11.2 Trends and Opportunities    56
11.2.1 Hot Drinks dominate the Asia Pacific Non-Alcoholic Beverages Market    56
11.2.2 Supermarkets and Hypermarkets dominate the Asia Pacific Non-Alcoholic Beverages Market    57
11.2.3 China dominates the Asia Pacific Non-Alcoholic Beverages Market    58
11.3 Market Outlook by Country    59
11.3.1China    59
11.3.2 India    60
11.3.3 Japan    62
11.3.4 Rest of Asia Pacific    63
12.1 Outlook    64
12.2 Trends and Opportunities    65
12.2.1 Hot Drinks dominate the Latin American Non-Alcoholic Beverages Market    65
12.2.2 Supermarkets and Hypermarkets dominate the Latin American Non-Alcoholic Beverages Market    66
12.2.3 Brazil dominates the Latin America Non-Alcoholic Beverages Market    67
12.3 Market Outlook by Country    68
12.3.1 Brazil    68
12.3.2 Argentina    69
12.3.3 Rest of Latin America    70
13.1 Outlook    71
13.2 Trends and Opportunities    72
13.2.1 Soft Drinks dominate the Middle East and Africa Non-Alcoholic Beverages Market    72
13.2.2 Supermarkets and Hypermarkets dominate the Middle East and Africa Non-Alcoholic Beverages Market    73
13.2.3 Africa dominates the MEA Non-Alcoholic Beverages Market    74
13.3 Market Outlook by Country    75
13.3.1 Middle East    75
13.3.2 Africa    76
14.1 PepsiCo, Inc.    77
14.1.1 Overview    77
14.1.2 SWOT Analysis    79
14.1.3 Key Financials    82
14.2 The Coca-Cola Company    85
14.2.1 Overview    85
14.2.2 SWOT Analysis    87
14.2.3 Key Financials    89
14.3 Jones Soda, co    92
14.3.1 Overview    92
14.3.2 Key Financials    94
14.4 Kraft Heinz Company    97
14.4.1 Overview    97
14.4.2 SWOT Analysis    99
14.4.3 Key Financials    101
14.5 Suntory Beverage and Food Limited    104
14.5.1 Overview    104
14.5.2 Key Financials    106
15.    APPENDIX    109
15.1 About USD Analytics    109
15.2 Sources and Research Methodology    109
15.3 Copyright and Disclaimer    110

Sample Request