Product ID: SQMIG30G2045
Report ID:
SQMIG30G2045 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
67 |
Figures:
75
The Asia Pacific has emerged as the non-alcoholic beverages market leader and will remain so during the projection period, owing to a consistent development in discretionary income status and consumer living standards. Consumer spending on beverage items has grown as a result of consumers' rising acceptance of western culture and modernization. Due to the rise in consumer demand for RTD beverages and sports drinks, the markets in North America and Europe are predicted to expand at a high CAGR. The consumption of alcohol is falling in each of the aforementioned locations, and consumers are shifting their attention to "better-for-you" goods that support the non-alcoholic beverages market for healthy soft drinks.
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REQUEST FREE CUSTOMIZATIONGlobal Non-alcoholic Beverages Market size was valued at USD 994.01 billion in 2019 and is poised to grow from USD 1077.35 billion in 2023 to USD 1879.91 billion by 2031, growing at a CAGR of 8.56% in the forecast period (2024-2031).
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Product ID: SQMIG30G2045