Report Id: SNS/F&B/1535 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Non-alcoholic Beverages Market Size was esteemed at USD 800.9 billion in 2022 and is supposed to arrive at USD 1.34 trillion by 2030, and develop at a CAGR of 6.7% over the forecast period 2023-2030.
Non-cocktails, otherwise called 'virgin beverages', 'mocktails', and 'close to lager', alluding to the refreshments that involve under 0.5% of liquor content by volume. The non-cocktail market incorporates a wide scope of reward refreshments, including caffeinated drinks, juices, sodas, espresso and tea, filtered water, and probiotics. The drink business has confronted marvelous changes in customer inclinations in the previous 10 years.
The non-cocktails industry is involved organizations engaged with the creation and deals of drinking items not containing liquor. The expansiveness of this portion ranges from filtered water to espresso and tea, to soda pops, juices, and different items.
The absolute greatest patterns in the business pursue the overall direction in purchaser merchandise results of an expanded spotlight on wellbeing and health. In the non-cocktail area, this has articulated itself thoughts through useful drinks and aged refreshments. The two kinds of items expect to give a few advantages to the purchaser past straightforward refreshing or flavor. On account of practical water, extra supplements or normally happening synthetic substances are added to the water, while matured items like fermented tea market the normally happening medical advantages of the item, frequently stomach related wellbeing.
Developing worry about the COVID-19 pandemic and expanded attention to medical problems.
Ascend in awareness a session its impact on wellbeing because of its unreasonable sugar content and unnaturally improved.
Give inventive bundling.
Presentation of recently sent-off drinks.
Fake improved beverages can cause coronary illness and disease, while caffeine content in caffeinated drinks builds the gamble of caffeine glut.
Impact of Covid-19:
Moreover, developing worry about the COVID-19 pandemic and expanded attention to medical problems are moving customer inclinations toward better refreshments and non-cocktails. Buyers expect to work on actual wellbeing by quitting refreshments that contain no alcoholic substance. Zero-proof spirits, liquor-free mixed drinks, low calories, and low carb drinks are of late liked by the shoppers in nations like the U.S. furthermore, the U.K., as indicated by the Beverage Trends Report of 2021 by Goliath Consulting Group. Such patterns have opened the way to new open doors for refreshment makers.
By Product Type:
The filtered water portion held the biggest piece of the pie in 2021 and is supposed to keep up with its predominance during the conjecture time frame. Rising shopper cognizance toward the medical advantages of polishing off filtered water is projected to drive section development during the figure time frame. In any case, the juices fragment is projected to enroll the second-quickest development from 2022 to 2028. The rising significance of driving a sound way of life is supposed to support the item interest. Moreover, new item dispatches by key producers, like Tropicana and The Coca-Cola Company, are projected to drive the market development.
By Distribution Channel:
By distribution channel, specialty stores are the quickest developing fragment attributable to the increment interest in tweaked items that offer more honey-improved food varieties and beverages. Also, the food and drinks fragment holds the greatest piece of the pie.
By Price Point:
By Price Point, the interest for the premium and extravagance drinks has quickly expanded attributable to the ascent in the reception of premiumization among the purchasers. The purchasers are progressively spending on extravagance items attributable to the medical advantages presented by the fixings utilized, for example, low-sugar contents, without sugar items, and others.
Key Market Segmentation:
By Product Type:
Tea & Coffee
By Distribution Channel:
By Price Point:
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The Asia Pacific arose as the quickest developing district on the lookout, attributable to the presence of different undiscovered business sectors, immense populace, and expanding discretionary cash flow. The locale is driven by arising economies, like China, India, Thailand, and Malaysia enjoy a serious upper hand over different regions because of the accessibility of minimal expense work and unrefined components. North America represented the second-biggest market, inferable from the presence of created economies and the early reception of pop items. The district, driven by the U.S., is home to numerous internationally prestigious drink makers, for example, PepsiCo and the Coca-Cola Company.
Kraft Foods Group, Inc., Suja Life, LLC, FreshBev, Pressed Juicery, Suntory Beverage & Food, Unilever, Asahi Group, Jacobs Douwe Egberts, Kirin Holdings Co.
|Market Size in 2022||US$ 800.9 Billion|
|Market Size by 2030||US$ 1.5Trillion|
|CAGR||CAGR 6.7% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Type (Carbonated Beverage and Non-Carbonated Beverage)
• by Distribution Channel (Supermarkets/Hypermarkets, Convenience Store, Online, and Other Distribution Channels)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Kraft Foods Group, Inc., Suja Life, LLC, FreshBev, Pressed Juicery, Suntory Beverage & Food, Unilever, Asahi Group, Jacobs Douwe Egberts, Kirin Holdings Co.|
|Key Drivers||•Developing worry about the COVID-19 pandemic and expanded attention to medical problems.|
|Market Restraints||•Ascend in awareness a session its impact on wellbeing because of its unreasonable sugar content and unnaturally improved.|
Frequently Asked Questions (FAQ) :
Ans: Bottled water are projected to make a foothold in the worldwide Non-alcoholic Beverages market.
Ans: The base year calculated in the Non-alcoholic Beverages market report is 2021.
Ans: Kraft Foods Group, Inc., Suja Life, LLC, FreshBev, Pressed Juicery, Suntory Beverage & Food, Unilever, Asahi Group, Jacobs Douwe Egberts, Kirin Holdings Co.
Ans: Developing worry about the COVID-19 pandemic and expanded attention to medical problems and giving inventive bundling are the elements driving and resulting in opportunities for the Non-alcoholic Beverages Market.
Ans: The Global Non-alcoholic Beverages Market Size was esteemed to develop at a CAGR of 6.3% over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Non-alcoholic Beverages Market segmentation, by Product Type:
8.1 Soft Drinks
8.2 Bottled Water
8.3 Tea & Coffee
8.5 Dairy Drinks
9. Global Non-alcoholic Beverages Market segmentation, by Distribution Channel:
9.2 Convenience stores
9.3 Specialty Stores
9.4 Online Retails
10. Global Non-alcoholic Beverages Market segmentation, by Price Point:
11. Global Non-alcoholic Beverages Market, by region/ country
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company profiles
12.1 Kraft Foods Group, Inc.
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Suja Life, LLC
12.4 Pressed Juicery
12.5 Suntory Beverage & Food
12.7 Asahi Group
12.8 Jacobs Douwe Egberts
12.9 Kirin Holdings Co.
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.