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Non-Alcoholic Beverages Market: By Product, Fruit Beverages, Bottled Water, Functional Beverages, Sports Drinks, Others), By Distribution Channel and Geography
Non-Alcoholic Beverages Market size was valued at US$ 987.6 billion in 2023. It is expected to reach a value of US$ 1,541.7 billion by 2030, growing at a CAGR of 4.1% during the forecast period 2024 to 2030. The global market provides a detailed overview which has been segmented by product and distribution channel. By product, the market has been segmented into Carbonated Soft Drinks (CSDs), Fruit Beverages, Bottled Water, Functional Beverages, Sports Drinks, and Others. The bottled water component segment is likely the most significant and fastest-growing segment in terms of product. Based on the distribution channel, the non-alcoholic beverages are segmented into Supermarkets/Hypermarkets, Food Service & Drinking Places, Convenience Stores & Gas Stations, Vending Machine Operations, and Others. According to precision business insights, the supermarkets/hypermarkets segment is predicted to register the fastest growth rate during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
4.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Manufacturers in the market are adjusting to the new trends. They have been innovating the current product portfolio in response to the consumers' growing acceptance of the no-alcohol and low-alcohol categories, which is anticipated to be favorable for future growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 987.6 billion |
Market Size in 2030 |
US$ 1,541.7 billion |
Market CAGR |
4.2% |
By Product Type |
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By Distribution Channel |
|
By Region |
|
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The non alcoholic beverages market size was valued at US$ 987.6 billion in 2023
The non alcoholic beverages market key players are: PepsiCo, Inc. The Coca-Cola Company Danone S.A. Nestle S.A. Red Bull Gmbh Keurig Dr Pepper Inc. Parle Agro Monster Beverage Corporation Arizona Beverages USA
The non alcoholic beverages market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Non-Alcoholic Beverages Market Introduction |
2.1. Global Non-Alcoholic Beverages Market Taxonomy |
2.2. Global Non-Alcoholic Beverages Market Definitions |
2.2.1. By Product |
2.2.2. By Distribution Channel |
2.2.3. By Region |
3. Global Non-Alcoholic Beverages Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Non-Alcoholic Beverages Market Dynamic Factors - Impact Analysis |
4. Global Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Non-Alcoholic Beverages Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Carbonated Soft Drinks (CSDs) |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Fruit Beverages |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Bottled Water |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Functional Beverages |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Sports Drinks |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Others |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6. Global Non-Alcoholic Beverages Market, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1. Supermarkets and General Merchandisers |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Food Service & Drinking Places |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Convenience Stores & Gas Stations |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Vending Machine Operations |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Non-Alcoholic Beverages Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Region, 2024 - 2030 |
8. North America Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Carbonated Soft Drinks (CSDs) |
8.1.2. Fruit Beverages |
8.1.3. Bottled Water |
8.1.4. Functional Beverages |
8.1.5. Sports Drinks |
8.1.6. Other |
8.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Supermarkets and General Merchandisers |
8.2.2. Food Service & Drinking Places |
8.2.3. Convenience Stores & Gas Stations |
8.2.4. Vending Machine Operations |
8.2.5. Other |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Country, 2024 - 2030 |
8.5. North America Non-Alcoholic Beverages Market Dynamics Trends |
9. Europe Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Carbonated Soft Drinks (CSDs) |
9.1.2. Fruit Beverages |
9.1.3. Bottled Water |
9.1.4. Functional Beverages |
9.1.5. Sports Drinks |
9.1.6. Other |
9.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Supermarkets and General Merchandisers |
9.2.2. Food Service & Drinking Places |
9.2.3. Convenience Stores & Gas Stations |
9.2.4. Vending Machine Operations |
9.2.5. Other |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Russia |
9.3.7. Rest of Europe |
9.4. Europe Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Country, 2024 - 2030 |
9.5. Europe Non-Alcoholic Beverages Market Dynamics Trends |
10. Asia-Pacific Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Carbonated Soft Drinks (CSDs) |
10.1.2. Fruit Beverages |
10.1.3. Bottled Water |
10.1.4. Functional Beverages |
10.1.5. Sports Drinks |
10.1.6. Other |
10.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Supermarkets and General Merchandisers |
10.2.2. Food Service & Drinking Places |
10.2.3. Convenience Stores & Gas Stations |
10.2.4. Vending Machine Operations |
10.2.5. Other |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. China |
10.3.2. India |
10.3.3. Japan |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Country, 2024 - 2030 |
10.5. Asia-Pacific Non-Alcoholic Beverages Market Dynamics Trends |
11. Latin America Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Carbonated Soft Drinks (CSDs) |
11.1.2. Fruit Beverages |
11.1.3. Bottled Water |
11.1.4. Functional Beverages |
11.1.5. Sports Drinks |
11.1.6. Other |
11.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Supermarkets and General Merchandisers |
11.2.2. Food Service & Drinking Places |
11.2.3. Convenience Stores & Gas Stations |
11.2.4. Vending Machine Operations |
11.2.5. Other |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Country, 2024 - 2030 |
11.5. Latin America Non-Alcoholic Beverages Market Dynamics Trends |
12. Middle East and Africa Non-Alcoholic Beverages Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Carbonated Soft Drinks (CSDs) |
12.1.2. Fruit Beverages |
12.1.3. Bottled Water |
12.1.4. Functional Beverages |
12.1.5. Sports Drinks |
12.1.6. Other |
12.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Supermarkets and General Merchandisers |
12.2.2. Food Service & Drinking Places |
12.2.3. Convenience Stores & Gas Stations |
12.2.4. Vending Machine Operations |
12.2.5. Other |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. South Africa |
12.3.3. Rest of MEA |
12.4. MEA Non-Alcoholic Beverages Market - Opportunity Analysis Index, By Product, Distribution Channel, and Country, 2024 - 2030 |
12.5. MEA Non-Alcoholic Beverages Market Dynamics Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. PepsiCo, Inc. |
13.2.2. The Coca-Cola Company |
13.2.3. Danone S.A. |
13.2.4. Nestle S.A. |
13.2.5. Red Bull Gmbh |
13.2.6. Keurig Dr Pepper Inc. |
13.2.7. Parle Agro |
13.2.8. Monster Beverage Corporation |
13.2.9. Arizona Beverages USA |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players