The global non-alcoholic drink market size is expected to
reach USD 1.6 trillion by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 5.3% over the forecast period. Rising
concerns over adverse effects associated with consumption of alcoholic
beverages are expected to expand the use of functional beverages as
alternatives. Moreover, increasing demand for healthy and nutritious on-the-go
beverages has propelled the demand for wide variety of natural beverages in the
market.
Functional beverages are expected to expand at
the fastest CAGR of 6.0% from 2019 to 2025. Changing diet patterns among the
young population owing to fast moving lifestyle have fueled the demand for
functional products such as probiotic beverages. Moreover, these products are
beneficial for improving gut health, bones strength, and immunity of the body.
They provide essential nutrition for proper functioning metabolism and normal
functioning of the body.
North America led the market and accounted for
a share of 34.5% in 2018. Over the past few years, the major players of the
region have been adopting marketing strategies including innovative product
launch and mergers and acquisitions in order to cater to the increasing demand
for natural, less sugary, and low calorie content beverages.
For instance, in January 2019, The Coca-Cola
Company launched a new range of sparkling cocktails under the brand name ‘Bar
None’ in U.S. This product is available in four flavor variants including
Bellini Spritz, Sangria, Ginger Mule, and Dry Aged Cider. The company has
introduced these beverages as a best alternative to the alcoholic beverages in
the parties.
For full research report on Non-alcoholic
Drinks Market visit here:
https://www.grandviewresearch.com/industry-analysis/non-alcoholic-drinks-market
Further key
findings from the report suggest:
- By product, soft drinks held the largest share
of 24.3% in 2018
- The online distribution channel is expected to
expand at a CAGR of 5.6% from 2019 to 2025
- In terms of revenue, North America accounted
for the largest share of 34.5% in 2018
- Asia Pacific is projected to expand at the
fastest CAGR of 6.0% from 2019 to 2025 owing to product innovation and
establishment of partnerships with the distributors located in developing
countries including China and India
- Key players of non-alcoholic drinks market
include PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Starbucks
Corporation; Nestle S.A.; Parle Agro; Suntory Beverage & Food Limited;
Keurig Dr Pepper Inc.; Red Bull Gmbh; and Unilever.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/non-alcoholic-drinks-market/request/rs1
Grand
View Research has segmented the global non-alcoholic drinks market on the basis
of product, distribution channel, and region:
Non-alcoholic
Drinks Product Outlook (Revenue, USD Billion, 2015 - 2025)
- Soft Drinks
- Bottled Water
- Tea & Coffee
- Juices
- Dairy Drinks
- Functional Drinks
- Others
Non-alcoholic
Drinks Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Offline
- Online
Non-alcoholic
Drinks Regional Outlook (Revenue, USD Billion, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle East &
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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