Market revenue in 2022 | USD 1,152.0 million |
Market revenue in 2030 | USD 1,997.2 million |
Growth rate | 7.1% (CAGR from 2022 to 2030) |
Largest segment | Carbonated soft drinks |
Fastest growing segment | Functional Beverages |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Carbonated Soft Drinks, Bottled Water, RTD Tea & Coffee, Functional Beverages, Juices, Dairy-based Beverages |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non-alcoholic beverages market will help companies and investors design strategic landscapes.
carbonated soft drinks was the largest segment with a revenue share of 28.46% in 2022. Horizon Databook has segmented the Global non-alcoholic beverages market based on carbonated soft drinks, bottled water, rtd tea & coffee, functional beverages, juices, dairy-based beverages covering the revenue growth of each sub-segment from 2018 to 2030.
Nonalcoholic beverage sales depend majorly on the ability of industry players to bring diverse products to the market and distribute them through large-scale supermarkets or retailers such as Safeway, Walmart, Carrefour, etc., which have been the major distribution channels for nonalcoholic beverage products. A major factor contributing to the market's growth has been an increase in distribution channels.
Retail stores have become integral to the global economy in recent years. These stores have a competitive advantage in terms of proximity to customers and, in most cases, an extremely loyal customer base. Retail sales growth has thus become a major factor in the growth of the nonalcoholic beverages market.
Horizon Databook provides a detailed overview of global-level data and insights on the Global non-alcoholic beverages market , including forecasts for subscribers. This global databook contains high-level insights into Global non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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