China Non-alcoholic Beverages Market Size & Outlook
China non-alcoholic beverages market, 2018-2030 (US$M)
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China non-alcoholic beverages market highlights
- The China non-alcoholic beverages market generated a revenue of USD 144.0 million in 2022 and is expected to reach USD 274.0 million by 2030.
- The China market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, bottled water was the largest revenue generating product in 2022.
- Functional Beverages is the most lucrative product segment registering the fastest growth during the forecast period.
Non-alcoholic beverages market data book summary
| Market revenue in 2022 | USD 144.0 million |
| Market revenue in 2030 | USD 274.0 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Bottled water |
| Fastest growing segment | Functional Beverages |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbonated Soft Drinks, Bottled Water, RTD Tea & Coffee, Functional Beverages, Juices, Dairy-based Beverages |
| Key market players worldwide | Nestle SA, PepsiCo Inc, Unilever PLC, Keurig Dr Pepper Inc, Coca-Cola Co, Jones Soda Co, Danone SA, Suntory Beverage & Food Ltd, Asahi Group Holdings Ltd, Red Bull |
Other key industry trends
- In terms of revenue, China accounted for 12.5% of the global non-alcoholic beverages market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China non-alcoholic beverages market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 274.0 million by 2030.
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Non-alcoholic Beverages Market Scope
Non-alcoholic Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
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China non-alcoholic beverages market outlook
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.
Bottled water was the largest segment with a revenue share of 22.5% in 2022. Horizon Databook has segmented the China 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.
The non-alcoholic beverages market in China offers diverse products, ranging from carbonated soft drinks, bottled water, juices, and energy drinks to ready-to-drink tea and coffee, catering to all consumer preferences.
Chinese consumers highly prioritize product safety and quality, driving the popularity of healthy nutrition products and beverages crafted with natural ingredients. Non-alcoholic drinks are increasingly favored over sugary sodas and juice options with carbohydrates.
Functional drinks offering benefits such as immunity or vitamins stand out in the market. According to a report by the China CDC, beverage consumption rates were notably higher among males, residents of urban areas, and adolescents aged 12–17 years.
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Our clientele includes a mix of non-alcoholic beverages market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China non-alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into China non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China non-alcoholic beverages market size, by product, 2018-2030 (US$M)
China Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
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