Presently, the constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market of non-alcoholic beverages. Recently, a study titled “Non-alcoholic Beverages Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2027)” has been publicized to the wide repository of Market Research Hub (MRH), which offers clear insights about the market through the detailed assessment of the segmentation of the fresh cherries market and the market’s competitive dynamics by profiling leading market players.
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Alcohol-free drinks are growing in popularity because they offer the same satisfaction as an alcoholic beverage without its ill effects. Non-alcoholic beverages are available in the market in several forms such as fruit juices, ready-to-drink coffee, tea, energy drinks, bottled water, soft drinks, isotonic drinks, and others.
Initially, the market introduction section comprises the market definition and taxonomy. In the market overview chapter, the study emphases on the forecast factors, the global non-alcoholic beverages market value chain, and import and export trends governing the global non-alcoholic beverages market. For a better understanding of the global market, the analysts have broadcasted the market into North America, Latin America, Asia-Pacific, Europe and Middle East & Africa. In terms of geographical reach, the consumption of non-alcoholic beverages in Asia Pacific stood at 200 Bn liters in 2016 and this is expected to increase to 301 Bn liters by the end of the forecast period in 2027. Apart from that, consumers in North America are moving towards a healthier lifestyle and seem to prefer sports and energy drinks to keep themselves fit and hydrated through the day. This factor is primarily responsible for the boost in consumption of non-alcoholic beverages across the region. In terms of volume CAGR, Asia Pacific and North America are slated to witness a growth rate of 3.9% over the forecast period.
The next few sections detail the global non-alcoholic beverages market forecast and market attractiveness analysis by product type, source, packaging, distribution channel, and region. On the basis of product type, the study comprises carbonated, non-carbonated, hot drinks, RTD beverages, sports and energy drinks, and specialty drinks. Major distribution channel includes hypermarket, convenience stores, supermarket, e-commerce and others.
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Later, the vendor landscape section is also provided which throws light on the chief players dominant in this market. This section outlines companies’ business overview, key financials, growth strategies, and recent market developments to present a clear picture of the key player market structure. Prime players mentioned in the study include PepsiCo Inc., Monster Beverage Corp., The Coca-Cola Co., Tata Global Beverages Ltd., Suntory Beverage & Food Ltd., Fomento Economico Mexicano SAB de CV, Dr Pepper Snapple Group Inc., Fraser & Neave Holdings Bhd., DyDo Group Holdings Inc., Organizacion Cultiba SAB de CV, Arca Continental SAB de CV, Massimo zanetti Beverage Group SpA, Kagome Co. Ltd., ITO EN Ltd., Uni-President China Holdings Ltd., Britvic Plc, Embotelladora Andina SA and Lassonde Industries Inc.
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