Japan Non-alcoholic Beverages Market Size & Outlook
Japan non-alcoholic beverages market, 2018-2030 (US$M)
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Japan non-alcoholic beverages market highlights
- The Japan non-alcoholic beverages market generated a revenue of USD 53.0 million in 2022 and is expected to reach USD 93.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.4% 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 53.0 million |
| Market revenue in 2030 | USD 93.9 million |
| Growth rate | 7.4% (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, Japan accounted for 4.6% 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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Japan 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 22.83% in 2022. Horizon Databook has segmented the Japan 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 surge in non-alcoholic drink consumption in Japan is attributed to several factors, including heightened health consciousness, mental and mood benefits, shifts in consumer preferences of the younger generation, branding strategies, and the growth of functional drinks.
Japanese consumers increasingly value their health, as seen in the popularization of the concept ' (kyuukanbi),' meaning 'resting liver for a day.' This trend has been amplified during the COVID-19 pandemic.
Moreover, non-alcoholic drinks are sought for their mental and mood benefits, acting as stress relievers. Brand loyalty also plays a crucial role, with consumers often preferring products from the same manufacturer, whether alcoholic or non-alcoholic.
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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 Japan non-alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into Japan non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan non-alcoholic beverages market size, by product, 2018-2030 (US$M)
Japan Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
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