Nonalcoholic Beverage Market was valued at US$ 1290.57 Bn in 2021 and is expected to reach US$ 1866.46 Bn by 2029, at a CAGR of 4.72% during a forecast period.
Global Non-alcoholic Beverage Market Report Scope and Research Methodology
Maximize Market Research Pvt. Ltd., a renowned market research firm based in Pune, India, is pleased to announce the release of its latest market research report on the Nonalcoholic Beverage Market.
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The objective of this comprehensive report is to provide a deep understanding of the Nonalcoholic Beverage Market by offering valuable insights, historical data, industry-validated market information, and projections. It identifies and analyzes market segments and projects the global market size, thereby helping businesses and stakeholders make informed decisions.
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What are Global Non-alcoholic Beverage Market Dynamics?
The dynamics of the Nonalcoholic Beverage Market are shaped by various factors that are fueling its growth. Increased use of social media platforms such as Facebook, Instagram, Twitter, and health-focused blogs has raised awareness about healthy food habits, driving the demand for nonalcoholic beverages. These products, known for their natural and organic contents, have gained popularity due to their potential health benefits.
The global shift in consumer preference away from alcoholic drinks, driven by concerns about health issues associated with alcohol, is contributing significantly to the market’s positive growth. Additionally, the rising consumption of energy drinks, especially among youth worldwide, is expected to drive market growth in the forecast period. Governments are also taking initiatives to increase awareness about the hazards of alcoholic beverages, further bolstering the market’s prospects.
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What is Global Non-alcoholic Beverage Market Regional Insight?
North America is expected to dominate the global nonalcoholic beverage market during the forecast period, primarily due to the increasing popularity of soda products and a well-developed economy. The presence of key industries in the region is also expected to drive market growth.
The Asia Pacific region is projected to experience the highest CAGR in the market, driven by a growing population and increased disposable income. Emerging economies, particularly India and China, are playing a crucial role in boosting the market’s growth in the region.
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What is Global Non-alcoholic Beverage Market Segmentation?
by Product Type
• Carbonated Drinks
o Cola
o Carbonated Water
o Diet Drinks
o Others
• Non-Carbonated Drinks
o Fruit Juices
o Energy Drinks
o Tea
o Coffee
o Others
by Distribution Channel
• Supermarkets and Hypermarkets
• Department Stores
• Convenient Stores
• Online
• Others
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Who are Global Non-alcoholic Beverage Market Key Players?
• Pepsico Inc.
• Nestle
• Dr Pepper Snapple Group Inc.
• Attitude Drinks Inc.
• The Coca-Cola Company
• Danone
• Parle Agro
• A.G. Barr
• Britvic
• Dydo Drinco
• Livewire Energy
• Calcol, Inc.
• The Kraft Heinz Company
• Reed’s, Inc.
• Appalachian Brewing Co.
• Jones Soda Co.
• Molson Coors Brewing Company
Table of content for the Global Non-alcoholic Beverage Market includes:
Key Offerings:
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