Non-alcoholic Drinks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024

Description

Persistence Market Research has recently released a comprehensive report on the global market for non-alcoholic drinks. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global non-alcoholic drinks market from 2024 to 2031.

Key Insights:

Non-Alcoholic Drinks Market Size (2024E): US$ 0.9 Bn
Projected Market Value (2031F): US$ 1.5 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 6.8%

Non-Alcoholic Drinks Market - Report Scope:

Non-alcoholic drinks, which include a diverse range of beverages such as soft drinks, juices, bottled water, and functional beverages, have witnessed robust demand globally. This surge is driven by increasing consumer preference for healthier, low-calorie, and refreshing drink options, as well as the rising awareness about the negative health impacts of alcohol consumption. The market caters to various consumer segments, ranging from health-conscious individuals to those seeking convenient and indulgent beverages. The market is segmented by beverage type, flavor, and distribution channel, encompassing both traditional and modern retail formats.

Market Growth Drivers:

The global non-alcoholic drinks market is propelled by several key factors, including the rising demand for healthier drink options, the growth of the plant-based beverage segment, and the increasing focus on functional drinks that offer added health benefits. The shift away from sugary and high-calorie drinks, particularly among younger consumers, is prompting manufacturers to innovate with low-calorie, sugar-free, and organic beverages. The growth of bottled water consumption, driven by concerns over health and wellness, is another key driver. Additionally, the rising popularity of plant-based milks, natural juices, and cold-pressed beverages further expands the market. Changing consumer lifestyles, increased awareness of wellness trends, and the demand for convenient ready-to-drink (RTD) options further boost the market growth.

Market Restraints:

Despite promising growth prospects, the non-alcoholic drinks market faces challenges such as rising health concerns over excessive sugar consumption and artificial additives. Public health campaigns targeting the reduction of sugar intake could negatively impact the demand for traditional carbonated soft drinks. The market is also affected by fluctuating raw material costs, such as those for sugar, fruit extracts, and natural flavors, which may lead to increased prices and reduced affordability. Additionally, increasing regulatory scrutiny surrounding labeling practices and health claims may pose obstacles, especially in regions with stringent food and beverage regulations.

Market Opportunities:

The non-alcoholic drinks market presents significant growth opportunities driven by trends such as the rising demand for plant-based beverages, functional drinks with added vitamins, minerals, and probiotics, and health-conscious options. The growing preference for cold-pressed juices, plant-based milks, and naturally flavored waters presents a lucrative opportunity for brands to expand their product offerings. Additionally, the adoption of eco-friendly and sustainable packaging options is likely to appeal to environmentally conscious consumers. There is also potential for companies to target emerging markets with rising disposable incomes, where the demand for premium non-alcoholic drinks is growing rapidly.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the non-alcoholic drinks market globally?
Which beverage types and flavors are gaining the most popularity among consumers?
How are innovations in packaging, such as sustainable solutions, influencing the competitive landscape of the non-alcoholic drinks market?
Who are the key players contributing to the non-alcoholic drinks market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global non-alcoholic drinks market?

Competitive Intelligence and Business Strategy:

Leading players in the global non-alcoholic drinks market, including The Coca-Cola Company, PepsiCo, Nestle S.A., and Danone, focus on innovation, product differentiation, and sustainability to gain a competitive edge. These companies invest heavily in R&D to develop new beverage categories, healthier alternatives, and functional drinks catering to consumer wellness. Strategic partnerships with retailers, health and wellness brands, and distribution channels are essential to increasing market reach. The emphasis on eco-friendly packaging, reducing environmental impact, and aligning with consumers' health-focused preferences is expected to strengthen these companies' market positions in the coming years.

Key Companies Profiled:

The Coca-Cola Company
Danone S.A.
Nestle S.A.
Red Bull GmbH
PepsiCo Inc.
Keurig Dr Pepper Inc.
Parle Agro
Monster Beverage Corporation
AriZona Beverages USA
Suntory Beverage & Food Ltd.
Asahi Group Holdings, Ltd.
Unilever
National Beverage Corp.
Celsius Holdings, Inc.

Non-alcoholic Drinks Market Segmentation

By Type

Carbonated Soft Drinks
Juices
Bottled Water
Functional Beverages
Dairy-based Beverages
Plant-based Beverages
RTD Tea and Coffee

By Distribution Channel

By Region

North America
Europe
East Asia
South Asia and Oceania
Latin America
Middle East and Africa

Product Code: PMRREP35016

1. Executive Summary

1.1. Global Non-alcoholic Drinks Market Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Industry Developments and Key Market Events
1.6. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Non-alcoholic Drinks Market: Value Chain
- 2.3.1. List of key players
2.4. Forecast Factors - Relevance and Impact
2.5. Covid-19 Impact Assessment
2.6. Key Regulations, Clean Labels, Standards
2.7. Product USPs / Features
2.8. PESTLE Analysis
2.9. Porter Five Forces Analysis

3. Price Trend Analysis, 2019 - 2031

3.1. Key Factors Impacting Prices
3.2. Prices by Type

4. Global Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

4.1. Global Non-alcoholic Drinks Market Outlook: Type
- 4.1.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Type, 2019 - 2023
- 4.1.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
  - 4.1.2.1. Carbonated Soft Drinks
  - 4.1.2.2. Juices
  - 4.1.2.3. Bottled Water
  - 4.1.2.4. Functional Beverages
  - 4.1.2.5. Dairy-based Beverages
  - 4.1.2.6. Plant-based Beverages
  - 4.1.2.7. RTD Tea and Coffee
  - 4.1.2.8. Others
- 4.1.3. Market Attractiveness Analysis: Type
4.2. Global Non-alcoholic Drinks Market Outlook: Distribution Channel
- 4.2.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Distribution Channel, 2019 - 2023
- 4.2.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
  - 4.2.2.1. B2B
  - 4.2.2.2. B2C
    - 4.2.2.2.1. Supermarkets/Hypermarkets
    - 4.2.2.2.2. Convenience Stores
    - 4.2.2.2.3. Specialty Stores
    - 4.2.2.2.4. Online Retail
    - 4.2.2.2.5. Others
- 4.2.3. Market Attractiveness Analysis: Distribution Channel

5. Global Non-alcoholic Drinks Market Outlook: Region

5.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Region, 2019 - 2023
5.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Region, 2024 - 2031
- 5.2.1. North America
- 5.2.2. Europe
- 5.2.3. East Asia
- 5.2.4. South Asia and Oceania
- 5.2.5. Latin America
- 5.2.6. Middle East & Africa
5.3. Market Attractiveness Analysis: Region

6. North America Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

6.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 6.1.1. By Country
- 6.1.2. By Type
- 6.1.3. By Distribution Channel
6.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 6.2.1. U.S.
- 6.2.2. Canada
6.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 6.3.1. Carbonated Soft Drinks
- 6.3.2. Juices
- 6.3.3. Bottled Water
- 6.3.4. Functional Beverages
- 6.3.5. Dairy-based Beverages
- 6.3.6. Plant-based Beverages
- 6.3.7. RTD Tea and Coffee
- 6.3.8. Others
6.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 6.4.1. B2B
- 6.4.2. B2C
  - 6.4.2.1. Supermarkets/Hypermarkets
  - 6.4.2.2. Specialty Stores
  - 6.4.2.3. Convenience Stores
  - 6.4.2.4. Online Retail
  - 6.4.2.5. Others
6.5. Market Attractiveness Analysis

7. Europe Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 7.1.1. By Country
- 7.1.2. By Type
- 7.1.3. By Distribution Channel
7.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 7.2.1. Germany
- 7.2.2. France
- 7.2.3. U.K.
- 7.2.4. Italy
- 7.2.5. Spain
- 7.2.6. Russia
7.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 7.3.1. Carbonated Soft Drinks
- 7.3.2. Juices
- 7.3.3. Bottled Water
- 7.3.4. Functional Beverages
- 7.3.5. Dairy-based Beverages
- 7.3.6. Plant-based Beverages
- 7.3.7. RTD Tea and Coffee
- 7.3.8. Others
7.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 7.4.1. B2B
- 7.4.2. B2C
  - 7.4.2.1. Supermarkets/Hypermarkets
  - 7.4.2.2. Specialty Stores
  - 7.4.2.3. Convenience Stores
  - 7.4.2.4. Online Retail
  - 7.4.2.5. Others
7.5. Market Attractiveness Analysis

8. East Asia Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 8.1.1. By Country
- 8.1.2. By Type
- 8.1.3. By Distribution Channel
8.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 8.2.1. China
- 8.2.2. Japan
- 8.2.3. South Korea
8.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 8.3.1. Carbonated Soft Drinks
- 8.3.2. Juices
- 8.3.3. Bottled Water
- 8.3.4. Functional Beverages
- 8.3.5. Dairy-based Beverages
- 8.3.6. Plant-based Beverages
- 8.3.7. RTD Tea and Coffee
- 8.3.8. Others
8.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 8.4.1. B2B
- 8.4.2. B2C
  - 8.4.2.1. Supermarkets/Hypermarkets
  - 8.4.2.2. Specialty Stores
  - 8.4.2.3. Convenience Stores
  - 8.4.2.4. Online Retail
  - 8.4.2.5. Others
8.5. Market Attractiveness Analysis

9. South Asia & Oceania Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 9.1.1. By Country
- 9.1.2. By Type
- 9.1.3. By Distribution Channel
9.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 9.2.1. India
- 9.2.2. Southeast Asia
- 9.2.3. ANZ
- 9.2.4. Rest of South Asia & Oceania
9.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 9.3.1. Carbonated Soft Drinks
- 9.3.2. Juices
- 9.3.3. Bottled Water
- 9.3.4. Functional Beverages
- 9.3.5. Dairy-based Beverages
- 9.3.6. Plant-based Beverages
- 9.3.7. RTD Tea and Coffee
- 9.3.8. Others
9.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 9.4.1. B2B
- 9.4.2. B2C
  - 9.4.2.1. Supermarkets/Hypermarkets
  - 9.4.2.2. Specialty Stores
  - 9.4.2.3. Convenience Stores
  - 9.4.2.4. Online Retail
  - 9.4.2.5. Others
9.5. Market Attractiveness Analysis

10. Latin America Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 10.1.1. By Country
- 10.1.2. By Type
- 10.1.3. By Distribution Channel
10.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 10.2.1. Brazil
- 10.2.2. Mexico
10.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 10.3.1. Carbonated Soft Drinks
- 10.3.2. Juices
- 10.3.3. Bottled Water
- 10.3.4. Functional Beverages
- 10.3.5. Dairy-based Beverages
- 10.3.6. Plant-based Beverages
- 10.3.7. RTD Tea and Coffee
- 10.3.8. Others
10.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 10.4.1. B2B
- 10.4.2. B2C
  - 10.4.2.1. Supermarkets/Hypermarkets
  - 10.4.2.2. Specialty Stores
  - 10.4.2.3. Convenience Stores
  - 10.4.2.4. Online Retail
  - 10.4.2.5. Others
10.5. Market Attractiveness Analysis

11. Middle East & Africa Non-alcoholic Drinks Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Historical Market Size (US$ Bn ) and Volume (KL) Analysis By Market, 2019 - 2023
- 11.1.1. By Country
- 11.1.2. By Type
- 11.1.3. By Distribution Channel
11.2. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Country, 2024 - 2031
- 11.2.1. GCC
- 11.2.2. South Africa
- 11.2.3. Northern Africa
11.3. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Type, 2024 - 2031
- 11.3.1. Carbonated Soft Drinks
- 11.3.2. Juices
- 11.3.3. Bottled Water
- 11.3.4. Functional Beverages
- 11.3.5. Dairy-based Beverages
- 11.3.6. Plant-based Beverages
- 11.3.7. RTD Tea and Coffee
- 11.3.8. Others
11.4. Current Market Size (US$ Bn ) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 11.4.1. B2B
- 11.4.2. B2C
  - 11.4.2.1. Supermarkets/Hypermarkets
  - 11.4.2.2. Specialty Stores
  - 11.4.2.3. Convenience Stores
  - 11.4.2.4. Online Retail
  - 11.4.2.5. Others
11.5. Market Attractiveness Analysis

12. Competition Landscape

12.1. Market Share Analysis, 2023
12.2. Market Structure
- 12.2.1. Competition Intensity Mapping By Market
- 12.2.2. Competition Dashboard
- 12.2.3. Tier Structure Analysis
12.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 12.3.1. The Coca-Cola Company
  - 12.3.1.1. Overview
  - 12.3.1.2. Segments and Flavors
  - 12.3.1.3. Key Financials
  - 12.3.1.4. Market Developments
  - 12.3.1.5. Market Strategy
- 12.3.2. Danone S.A.
- 12.3.3. Nestle S.A.
- 12.3.4. Red Bull GmbH
- 12.3.5. PepsiCo Inc.
- 12.3.6. Keurig Dr Pepper Inc.
- 12.3.7. Parle Agro
- 12.3.8. Monster Beverage Corporation
- 12.3.9. AriZona Beverages USA
- 12.3.10. Suntory Beverage & Food Ltd.
- 12.3.11. Asahi Group Holdings, Ltd.
- 12.3.12. Unilever
- 12.3.13. National Beverage Corp.
- 12.3.14. Celsius Holdings, Inc.
- 12.3.15. Others

13. Appendix

13.1. Research Methodology
13.2. Research Assumptions
13.3. Acronyms and Abbreviations

Non-alcoholic Drinks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2031