Non-Alcoholic Beverage Market by Product Type, Distribution Channel

Description

List of Tables

[187 Pages Report] The Non-Alcoholic Beverage Market size was estimated at USD 177.97 billion in 2023 and expected to reach USD 190.21 billion in 2024, at a CAGR 7.38% to reach USD 293.11 billion by 2030.

Non-alcoholic beverages are drinks that contain little to no alcohol, classified as having an alcohol content of less than 0.5% by volume. Non-alcoholic beverages are crafted to cater to a diverse range of consumers seeking refreshing, hydrating, or nutritious drink options without the inebriating effects associated with alcoholic substances. The increased awareness about health and wellness drives the demand for healthier beverage options, including organic and natural drinks. New flavors and functional ingredients attract consumers toward non-alcoholic beverages, looking for variety and added health benefits. In addition, the rise in busy lifestyles has bolstered the popularity of on-the-go and ready-to-drink beverage formats. However, changing raw materials costs and raising awareness about the detrimental effects of artificial ingredients have limited the consumption of non-alcoholic beverages. Nevertheless, the ongoing development of beverages fortified with vitamins, minerals, and other supplements catering to health-centric consumers is improving consumer preference for non-alcoholic beverages. Moreover, implementing cutting-edge manufacturing technologies to streamline operations and reduce beverage processing and packaging costs is expected to enhance the production and availability of non-alcoholic beverages in the coming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 177.97 billion
Estimated Year [2024]	USD 190.21 billion
Forecast Year [2030]	USD 293.11 billion
CAGR (%)	7.38%

Product Type: Ongoing consumer shift toward functional beverages for their health-enhancing benefits

Bottled water caters to consumers seeking hydration, focusing on health, purity, and convenience. With an increasing number of consumers becoming health-conscious, bottled water provides a calorie-free alternative to sugary drinks. Carbonated soft drinks satisfy consumers' desires for refreshing, fizzy beverages with various flavors. Carbonated soft drinks appeal to those looking for quick, energizing drinks and those who appreciate traditional and nostalgic tastes. Fruit beverages meet the demand for drinks with natural, fruity flavors often fortified with vitamins and minerals. These are sought after by consumers who desire taste and nutritional benefits. Functional beverages are consumed for their health-enhancing benefits, including energy boosting, relaxation, improved digestion, and mental clarity. Functional beverages are typically targeted towards health-aware individuals and those with active lifestyles. Sports drinks serve the hydration and electrolyte replacement requirements of athletes and people engaged in physical activities. Sports drinks are composed to help replenish fluids, energy, and electrolytes lost during exercise.

Distribution Channel: Wide availability of non-alcoholic beverages in hypermarkets & supermarkets

Convenience stores and gas stations cater to customers seeking quick and easy beverage access. The consumers who frequent these outlets are often on the go and prioritize speed and convenience over price or variety. Food service and drinking places, including restaurants, cafes, and bars, provide a setting for consumers to enjoy beverages in a social or dining context. Consumers often seek unique and refreshing drinks in food service and drinking places that complement their meals or serve as premium standalone experiences. Supermarkets and hypermarkets are characterized by their wide selection of beverages, offering variety and competitive pricing. Consumers in these stores typically look for multi-packs, family-sized products, and cost-effective solutions for their household beverage needs. Vending machines provide ultimate convenience and accessibility, often placed in high-traffic areas, including schools, offices, and transit stations. Consumers typically select beverages from vending machines for immediate consumption, and choice is usually driven by ease of access and impulse purchases.

Regional Insights

In the Americas, consumer preferences are steadily transitioning towards healthier non-alcoholic beverage options that offer added health benefits attributed to growing health consciousness and an increasing prevalence of lifestyle diseases in the region. Consumers in the Americas are known for their readiness to try new flavors and concepts, especially those that align with personal well-being and sustainability. European Union (EU) countries exhibit a maturing market for non-alcoholic beverages, strongly emphasizing quality, tradition, and natural ingredients. EU consumers demand beverages that contain less sugar, fewer artificial additives, and more organic or local ingredients. The EU is also active in ecological packaging advancements and recycling initiatives to address environmental and sustainability concerns. In the Middle East and Africa (MEA), the non-alcoholic beverage market is characterized by an appetite for traditional and cultural drinks and global brands. Asia-Pacific is observing rapid growth in the non-alcoholic beverage market, driven by rising disposable incomes and the adoption of Western dietary habits. Consumers have shown an increased interest in premium and health-oriented beverage options, such as green and herbal teas. The Asia Pacific region is a hub for innovation, as seen in recent patents filed for novel beverage formulations and packaging solutions designed to appeal to health-conscious consumers.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Non-Alcoholic Beverage Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Non-Alcoholic Beverage Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Non-Alcoholic Beverage Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, aelo, AJE Group, Appalachian Brewing Company, AriZona Beverages USA, LLC, Asahi Group Holdings, Ltd., Bisleri International Pvt. Ltd., Danone S.A., Flavorchem Corporation, Freixenet Mionetto USA, ITO EN, LTD., Jones Soda Co., Joyus, Keurig Dr Pepper Inc., LaCroix Beverages, Inc., Molson Coors Beverage Company, Nestle S.A., Niagara Bottling, LLC, Otsuka Holdings Co., Ltd., Parle Agro Pvt. Ltd., PepsiCo, Inc., Red Bull GmbH, Reeds Inc., Refresco Group, St. Regis, Starbucks Corporation, Suntory Beverage & Food Limited, The Coca-Cola Company, The Drink Ink, The Kraft Heinz Company, and Waterloo Sparkling Water Corp..

Market Segmentation & Coverage

This research report categorizes the Non-Alcoholic Beverage Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
- Bottled Water
- Carbonated Soft Drinks
- Fruit Beverages
- Functional Beverages
- Sports Drinks

Distribution Channel
- Convenience Stores & Gas Stations
- Food Service & Drinking Places
- Supermarkets & Hypermarkets
- Vending Machine Operations

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Non-Alcoholic Beverage Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Non-Alcoholic Beverage Market?

3. What are the technology trends and regulatory frameworks in the Non-Alcoholic Beverage Market?

4. What is the market share of the leading vendors in the Non-Alcoholic Beverage Market?

5. Which modes and strategic moves are suitable for entering the Non-Alcoholic Beverage Market?

Product Code: MRR-0355054AC4BF

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising Demand for Healthy Beverages by Consumer
  - 5.1.1.2. Increasing Consumption of Energy Drinks
  - 5.1.1.3. Growing Penetration of Non-Alcoholic Crafted Beer and Wine
- 5.1.2. Restraints
  - 5.1.2.1. Variations in the Prices of the Raw Materials
- 5.1.3. Opportunities
  - 5.1.3.1. Technological Advancements and Rising Preference for Natural Preservatives/Ingredients in Non-Alcoholic Beverages
  - 5.1.3.2. Rising Influence Through Celebrity Endorsements and Attractive Availability Through Online Channels
- 5.1.4. Challenges
  - 5.1.4.1. Issues Regarding the Sustainability of Non-Alcoholic Beverage
5.2. Market Segmentation Analysis
- 5.2.1. Product Type: Ongoing consumer shift toward functional beverages for their health-enhancing benefits
- 5.2.2. Distribution Channel: Wide availability of non-alcoholic beverages in hypermarkets & supermarkets
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Non-Alcoholic Beverage Market, by Product Type

6.1. Introduction
6.2. Bottled Water
6.3. Carbonated Soft Drinks
6.4. Fruit Beverages
6.5. Functional Beverages
6.6. Sports Drinks

7. Non-Alcoholic Beverage Market, by Distribution Channel

7.1. Introduction
7.2. Convenience Stores & Gas Stations
7.3. Food Service & Drinking Places
7.4. Supermarkets & Hypermarkets
7.5. Vending Machine Operations

8. Americas Non-Alcoholic Beverage Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Non-Alcoholic Beverage Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Non-Alcoholic Beverage Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Varun Beverages Ltd. to acquire The Beverage Company for INR 1,320 Crore
- 11.3.2. White Claw Launches Non-Alcoholic Beverage
- 11.3.3. Heineken 'Invests in Non-Alcoholic Beer Production in Brazil'

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio