Italy Non-alcoholic Beverages Market Size & Outlook
Italy non-alcoholic beverages market, 2018-2030 (US$M)
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Italy non-alcoholic beverages market highlights
- The Italy non-alcoholic beverages market generated a revenue of USD 34.6 million in 2022 and is expected to reach USD 63.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, carbonated soft drinks 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 34.6 million |
| Market revenue in 2030 | USD 63.1 million |
| Growth rate | 7.8% (CAGR from 2022 to 2030) |
| Largest segment | Carbonated soft drinks |
| 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, Italy accounted for 3.0% 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 Europe, Germany non-alcoholic beverages market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 63.1 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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Italy 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.
Carbonated soft drinks was the largest segment with a revenue share of 27.17% in 2022. Horizon Databook has segmented the Italy 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 popularity of non-alcoholic drinks in Italy is influenced by various factors, including the country's rich history of unique and flavorful beverages. Italian non-alcoholic aperitifs, such as Chinotto, Cedrata, Crodino, Spuma, Orzata, Gazzosa, and Gingerino, have distinct profiles, often characterized by bitter, citrus, and herbal flavors.
Moreover, the trend toward premiumization extends to non-alcoholic beverages, with Italian manufacturers emphasizing craftsmanship and high-quality ingredients. Non-alcoholic options are designed to offer a sophisticated and premium drinking experience.
Manufacturers are innovating to cater to evolving consumer preferences, particularly among health conscious individuals, and to capitalize on the global trend of reducing alcohol consumption. The combination of traditional Italian flavors with modern health trends likely contributes to the growing traction of non-alcoholic drinks among Italian consumers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy non-alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into Italy non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy non-alcoholic beverages market size, by product, 2018-2030 (US$M)
Italy Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
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