Non Alcoholic Beverages Market Size, Share, Outlook

The global Non-Alcoholic Beverages Market Size stood at $1,052 Billion in 2022 and is poised to register 5.91% growth over the forecast period 2023 to 2030. Launch of new bottled water products, premiumization trends across the 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

 

Non-Alcoholic Beverages Market Analysis

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 2022. Both spending and consumption of non-alcoholic drinks will witness strong growth over the forecast period.

Several prominent trends are shaping the global non-alcoholic beverages market. Discount retail channels and private label products continue to gain market shares across markets. The mineral or spring waters segment is quickly emerging as a 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.

 

Non Alcoholic Beverages Market Size Outlook

 

 

Market Dynamics

Market Trend- Launch of new bottled water products is among the widely observed growth strategy

Increasing demand for mineral and spring waters is encouraging companies to launch new varieties of bottled water. Great tasting water, no acidic ion taste, calorie-free, multi-step purification process, pure artesian water, naturally electrolyte, a wide range of flavors, 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, environmentally friendly packaging, BPA-free bottles, marketing in varying bottle sizes, and others. Products to cater to specific segments are also being launched. Working-class women and youth are increasingly being targeted by companies to stay ahead of the competition. Companies are also extra cautious about creating and establishing a brand identity for their products in the market through promotional campaigns focusing on building an individualistic identity.

 

Market Driver- Premiumization trends across the hot drinks segment to attract custom market segments

With intense competitive conditions in the industry, companies are increasingly focusing on premiumization trends in the tea and coffee segment. organically grown coffee, fully-organic iced tea, drinks in a cold format such as cold brew, blends with juices, marketing benefits for health and well-being such as Coffee capsules with collagen, beauty drinks, cannabidiol (Cannabis) based tea, hemp-based green and black tea, turmeric blends, and offering tea in restaurant menus are some of the major trends observed in hot drinks segment. Enhancing product visibility and promotional campaigns that influence buying decisions of the youth population coupled with innovative packaging is being observed in the industry.

 

Market Segmentation

The global Non-Alcoholic Beverages Market is segmented into Types, Distribution Channels, and Countries.

Soft Drinks are the most consumed type of Non-Alcoholic Beverages in 2022

The global soft drinks market is expected to witness moderate growth during the forecast period. Growing urbanization rates, and expansion across large populated countries such as China, India, Brazil, and other markets shape the future of the market. On the other hand, mature market conditions in Europe and North America, and increasing health awareness in these markets pose 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 a focus on single-serve is being observed. Natural varieties of soft drinks, and low-calorie soft drinks to cater to health-conscious individuals coupled with rising per capita disposable income are being observed.

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

 

Supermarkets and Hypermarkets continue to be the largest distribution mode of Non-Alcoholic Beverages

The distribution channel allows customers to shop for the required products directly and choose based on the information provided by vendors. The stalls also allow the users to compare different products and present shopping experiences, gain significant awareness, and avail of discounted product offers. Customers are historically well accustomed to procuring their groceries from these stores and accordingly, the distribution channel accounts for around 65% of the total market size. Changing behavioral patterns of consumers and rising populations in developing countries such as China, India, Japan, and Indonesia are booming the growth of supermarkets and hypermarkets. 

 

Asia-Pacific dominates the global Non-Alcoholic Beverages market with a 36% market share

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

China accounted for the largest market share in non-alcoholic beverages in the Asia Pacific. A large population base coupled with the rapid expansion of products and wide availability of new launches drives the market growth. Rising spending capacities along with numerous distribution channels are supplementing the market demand. Further, multinational companies are expanding rapidly into Chinese cities, which is encouraging further expansion of the industry. Growing domestic competition has led players to innovate product differentiation and launch of many new products.

The Chinese economy is one of the early recovered economies from COVID-19. However, Chinese consumers remain price sensitive following the negative impact of the pandemic. As individuals spend significantly on food and beverages, low-priced non-alcoholic beverages are relatively shielded from COVID-19 impact.

Partnerships between domestic and global players are increasingly being observed in the country. High disposable incomes in a few cities offer huge opportunities for value-added, nutritional, and premium beverages. Energy drinks, in particular, offer lucrative opportunities for growth in these cities.

Hot drinks account for more than 63% of the total non-alcoholic drinks market in China as tea is the traditional drink consumed across families in the country. The tea market is mature but coffee, in particular, new varieties of coffee are gaining huge attention from the youth population. Among soft drinks, carbonated drinks own the highest share and are also increasingly consumed due to the low penetration of juices and other drinks.

 

Segmentation

By Type

• Soft Drinks
• Bottled Water
• Coffee, teas, and other hot drinks
• Fruit and vegetable juices
• Functional Drinks
• Others

 

By Distribution Channels

• Supermarkets and Hypermarkets
• Convenience Stores
• Independent Retailers and Specialty Stores
• e-Commerce

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Key Players

Leading companies profiled in the study include-

• PepsiCo, Inc.
• The Coca-Cola Company
• Danone S.A
• Nestle S.A
• Kraft Heinz
• Unilever
• Keurig Dr. Pepper Inc.
• Jones Soda Co.
• Suntory Beverage & Food Ltd.
• Asahi Group Holdings, Ltd.

 

 

Non-Alcoholic Market Outlook 2023

1 Market Overview

1.1 Introduction to Non-Alcoholic Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Non-Alcoholic Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Non-Alcoholic Market Companies with Area Served

4.2.2 Products Offerings Global Non-Alcoholic Market

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Non-Alcoholic Market Trends

6.1 Global Non-Alcoholic Revenue (USD Million) and CAGR (%) by Type (2018-2028)

6.2 Global Non-Alcoholic Revenue (USD Million) and CAGR (%) by Applications (2018-2028)

6.3 Global Non-Alcoholic Revenue (USD Million) and CAGR (%) by Regions (2018-2028)

 

7 Global Non-Alcoholic Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Non-Alcoholic Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Non-Alcoholic Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Non-Alcoholic Development Regional Status and Outlook

8.1 Global Non-Alcoholic Revenue (USD Million) By Regions (2018-2022)

8.2 North America Non-Alcoholic Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Non-Alcoholic Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Non-Alcoholic Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Non-Alcoholic Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Non-Alcoholic Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Non-Alcoholic Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

8.5 South America Non-Alcoholic Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Non-Alcoholic Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Non-Alcoholic Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Non-Alcoholic Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Non-Alcoholic Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Non-Alcoholic Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Non-Alcoholic Market Revenue (USD Million), by Type, and Applications (2023-2028)

10.1 Global Non-Alcoholic Revenue (USD Million) and Market Share (%) by Type (2023-2028)

10.1.1 Global Non-Alcoholic Revenue (USD Million), and Market Share (%) by Type (2023-2028)

10.2 Global Non-Alcoholic Revenue (USD Million) and Market Share (%) by Applications (2023-2028)

10.2.1 Global Non-Alcoholic Revenue (USD Million), and Market Share (%) by Applications (2023-2028)

11 Global Non-Alcoholic Development Regional Status and Outlook Forecast

11.1 Global Non-Alcoholic Revenue (USD Million) By Regions (2023-2028)

11.2 North America Non-Alcoholic Revenue (USD Million) by Type, and Applications (2023-2028)

11.2.1 North America Non-Alcoholic Revenue (USD) Million by Country (2023-2028)

11.2.2 North America Non-Alcoholic Revenue (USD Million), by Type (2023-2028)

11.2.3 North America Non-Alcoholic Revenue (USD Million), Market Share (%) by Applications (2023-2028)

11.3 Europe Non-Alcoholic Revenue (USD Million), by Type, and Applications (2023-2028)

11.3.1 Europe Non-Alcoholic Revenue (USD Million), by Country (2023-2028)

11.3.2 Europe Non-Alcoholic Revenue (USD Million), by Type (2023-2028)

11.3.3 Europe Non-Alcoholic Revenue (USD Million), by Applications (2023-2028)

11.4 Asia Pacific Non-Alcoholic Revenue (USD Million) by Type, and Applications (2023-2028)

11.4.1 Asia Pacific Non-Alcoholic Revenue (USD Million), by Country (2023-2028)

11.4.2 Asia Pacific Non-Alcoholic Revenue (USD Million), by Type (2023-2028)

11.4.3 Asia Pacific Non-Alcoholic Revenue (USD Million), by Applications (2023-2028)

11.5 South America Non-Alcoholic Revenue (USD Million), by Type, and Applications (2023-2028)

11.5.1 South America Non-Alcoholic Revenue (USD Million), by Country (2023-2028)

11.5.2 South America Non-Alcoholic Revenue (USD Million), by Type (2023-2028)

11.5.3 South America Non-Alcoholic Revenue (USD Million), by Applications (2023-2028)

11.6 Middle East and Africa Non-Alcoholic Revenue (USD Million), by Type, and Applications (2023-2028)

11.6.1 Middle East and Africa Non-Alcoholic Revenue (USD Million), by Region (2023-2028)

11.6.2 Middle East and Africa Non-Alcoholic Revenue (USD Million), by Type (2023-2028)

11.6.3 Middle East and Africa Non-Alcoholic Revenue (USD Million), by Applications (2023-2028)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List Of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Non-Alcoholic Market Companies with Areas Served

Table 3 Products Offerings Global Non-Alcoholic Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Non-Alcoholic Revenue (USD Million) And CAGR (%) By Type (2018-2028)

Table 8 Global Non-Alcoholic Revenue (USD Million) And CAGR (%) By Applications (2018-2028)

Table 9 Global Non-Alcoholic Revenue (USD Million) And CAGR (%) By Regions (2018-2028)

Table 10 Global Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 11 Global Non-Alcoholic Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Non-Alcoholic Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Non-Alcoholic Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Non-Alcoholic Market Share (%) By Regions (2018-2022)

Table 16 North America Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Table 17 North America Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 18 North America Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Table 26 South America Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 27 South America Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

 

Table 31 Financial Analysis

Table 32 Global Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 33 Global Non-Alcoholic Revenue Market Share (%) By Type (2023-2028)

Table 34 Global Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 35 Global Non-Alcoholic Revenue Market Share (%) By Applications (2023-2028)

Table 36 Global Non-Alcoholic Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2028)

Table 37 North America Non-Alcoholic Revenue (USD)By Country (2023-2028)

Table 38 North America Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 39 North America Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 40 Europe Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Table 41 Europe Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 42 Europe Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 43 Asia Pacific Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Table 44 Asia Pacific Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 45 Asia Pacific Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 46 South America Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Table 47 South America Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 48 South America Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 49 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2023-2028)

Table 50 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2023-2028)

Table 51 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Table 52 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

 

List Of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Non-Alcoholic Revenue Market Share (%) By Type (2022)

Figure 5 Global Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Non-Alcoholic Revenue Market Share (%) By Applications (2022)

Figure 7 Global Non-Alcoholic Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Non-Alcoholic Market Share (%) By Regions (2022)

Figure 9 North America Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Non-Alcoholic Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 25 Global Non-Alcoholic Revenue Market Share (%) By Type (2028)

Figure 26 Global Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 27 Global Non-Alcoholic Revenue Market Share (%) By Applications (2028)

Figure 28 Global Non-Alcoholic Market Revenue (USD Million) By Regions (2023-2028)

Figure 29 North America Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Figure 30 North America Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 31 North America Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 32 Europe Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Figure 33 Europe Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 34 Europe Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 35 Asia Pacific Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Figure 36 Asia Pacific Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 37 Asia Pacific Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 38 South America Non-Alcoholic Revenue (USD Million) By Country (2023-2028)

Figure 39 South America Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 40 South America Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 41 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2023-2028)

Figure 42 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Region (2023-2028)

Figure 43 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Type (2023-2028)

Figure 44 Middle East and Africa Non-Alcoholic Revenue (USD Million) By Applications (2023-2028)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation