Global Non-Alcoholic Drinks Market

Global Non-Alcoholic Drinks Market Size, Share, Growth Analysis, By Type(Carbonated Soft Drinks (CSD), Ready-to-Drink Coffee & Tea), By Distribution channel(Supermarkets/Hypermarkets, Food Services Sector) - Industry Forecast 2024-2031

Report ID: SQMIG30G2047 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 67 | Figures: 65

To request a free sample copy of this report, please complete the form below.
What people say about us!

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

logos logos logos logos logos
Analyst Support
$5,300
BUY NOW
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Non-Alcoholic Drinks Market size was valued at USD 772 billion in 2022 and is poised to grow from USD 822.18 billion in 2023 to USD 1360.70 billion by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).

The competitive landscape of the global non-alcoholic drinks market is a dynamic and highly competitive arena, dominated by renowned industry giants and innovative emerging players. Key players like The Coca-Cola Company and PepsiCo, Inc. engage in fierce rivalry as they vie for market supremacy. These industry titans consistently introduce new flavors, packaging, and marketing strategies to maintain their market share and expand their global footprint. 'The Coca-Cola Company - USA', 'PepsiCo, Inc. - USA', 'Nestlé S.A. - Switzerland', 'Keurig Dr Pepper Inc. - USA', 'Suntory Holdings Limited - Japan', 'Danone S.A. - France', 'The Starbucks Corporation - USA', 'Red Bull GmbH - Austria', 'Monster Beverage Corporation - USA', 'Ocean Spray Cranberries, Inc. – USA'

In regions with strong cultural or religious beliefs against alcohol consumption, the demand for non-alcoholic beverages remains robust, creating a stable market base.

Digital Marketing and E-commerce: Brands leverage digital platforms and e-commerce to reach wider audiences, offering convenience and direct-to-consumer sales channels, especially during the pandemic.

In the year 2022, the global market was led by the North America region, which secured a dominant position by contributing over 24.55% of the total revenue. This region, notably the United States, serves as a hub for numerous globally recognized beverage manufacturers. However, factors such as the increasing obesity rates in the U.S. and Mexico, coupled with governmental sugar product taxes, have curbed the demand for Carbonated Soft Drinks (CSDs), a subset of non-alcoholic beverages. Consequently, there is a growing preference for low-calorie beverages containing non-nutritive sweeteners.

Related Reports

Non-alcoholic Beverage Packaging Market
Buy Now GET FREE SAMPLE
Global Kefir Market
Buy Now GET FREE SAMPLE
Global Non-Carbonated Soft Drinks Market
Buy Now GET FREE SAMPLE
Decaffeinated Coffee Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Non-Alcoholic Drinks Market

Product ID: SQMIG30G2047

$5,300
BUY NOW