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 leading market research company headquartered in Pune, India, is proud to announce the release of its latest comprehensive market research report on the Nonalcoholic Beverage Market. The report reveals valuable insights into the current state and future prospects of the global nonalcoholic beverage industry.
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This market research report aims to provide a comprehensive assessment of the nonalcoholic beverage market. It includes insightful data, historical information, industry-validated market data, and projections based on a robust methodology and a set of suitable assumptions. The report further delves into market dynamics, segment identification and analysis, and projects the global market size.
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What are Global Non-alcoholic Beverage Market Dynamics?
The proliferation of social media platforms such as Facebook, Instagram, Twitter, and healthcare blogs has played a pivotal role in raising awareness about healthy food habits. This heightened awareness has fueled the growth of the global nonalcoholic beverage market. Products containing natural and organic ingredients are experiencing robust growth and demonstrate substantial potential in the market.
Consumer preferences are shifting towards nonalcoholic drinks globally due to increased awareness of health issues associated with alcohol consumption. The market is further boosted by the growing consumption of energy drinks, especially among the youth. Additionally, various governments have initiated awareness campaigns to educate the public about the hazards of alcoholic beverages, further bolstering the market’s growth prospects.
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What is Global Non-alcoholic Beverage Market Regional Insight?
North America is projected to maintain the largest market share in the global nonalcoholic beverage market during the forecast period. The region’s strong affinity for soda products and a developed economy, along with key industry players, are driving market growth. The Asia Pacific region is expected to exhibit the highest Compound Annual Growth Rate (CAGR), driven by a growing population and increased disposable income in countries such as India and China.
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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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