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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the Non-alcoholic Beverages Market
Market players are focused on development of functional beverages, low-sugar drinks, and eco-friendly packaging to cater to changing consumer preferences
PepsiCo, Inc. is a multinational food and beverage corporation that offers soft drinks, juices, and snacks. Headquartered in New York, United States, PepsiCo was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. The company's portfolio includes popular brands such as Pepsi, Gatorade, Tropicana, and Lay's potato chips.
The Coca-Cola Company is a multinational beverage corporation that is best known for its flagship product, Coca-Cola, a carbonated soft drink. It also produces other beverages, such as Fanta, Sprite, and Minute Maid. With its headquarters in Georgia, United States, the company was founded in 1886. The company has expanded its portfolio by launching Diet Coke, Coke Zero, and Vitamin water.
Nestle S.A. is a Swiss multinational food and beverage company that produces a diverse range of products, including coffee, chocolate, and infant nutrition. It also has a significant presence in the beverage market. Headquartered in Vevey, Switzerland, it was founded in 1866. The company's beverage portfolio includes brands such as Nescafe, Gerber, and PowerBar.
Monster Energy Company is a leading energy drink brand that is known for its high-caffeine content and association with extreme sports. It is partially owned by The Coca-Cola Company. Headquartered in California, United States, it was founded in 2002. It has expanded its product line by launching beverages like Monster Java and Muscle Monster.
Other key players in the global non-alcoholic beverages market include H.J. Heinz Company Brands LLC and Reed’s, Inc., among others.
Non-alcoholic Beverages Market Report Snapshots
Non-alcoholic Beverages Market Size
Non-alcoholic Beverages Market Growth
Non-alcoholic Beverages Market Trends
Non-alcoholic Beverages Market Share
Non-alcoholic Beverages Companies
Non-alcoholic Beverages Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The non-alcoholic beverages market value is expected to grow at a CAGR of 5.3% between 2024 and 2032.
The major drivers of the market include the increasing footfall in bars and pubs, increasing number of alcohol quitters, and increasing popularity of non-alcoholic beers.
Non-alcoholic beer is gaining traction due to several health reasons. Alcoholic beer consumed in high amounts can cause blackouts and reduce the blood sugar levels in the body. Religious reasons can also be one of the factors for the growing consumption of non-alcoholic beer.
Some of the popular choices of non-alcoholic beverages include fruits juices, smoothies, milk shakes, and non-alcoholic cocktails, among others.
Key trends aiding market expansion include the growing research and development activities by the major beverage manufacturers aimed towards innovative non-alcoholic juices, demand for sugar-free drinks, and growing consumers’ desire for healthier alternatives are the key trends in the market.
Based on type, the market segmentations include carbonated soft drinks (CSD) and non-carbonated beverages.
Supermarkets/hypermarkets, convenience stores, speciality stores, and online, among others are the significant distribution channels in the market.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124