Market revenue in 2022 | USD 77.0 million |
Market revenue in 2030 | USD 135.8 million |
Growth rate | 7.4% (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 |
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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 27.27% in 2022. Horizon Databook has segmented the Middle East & Africa 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 Middle East traditionally consumes less alcohol than other parts of the world. This cultural inclination has made the region more receptive to the non-alcoholic beverage trend. New companies specializing in non-alcoholic beverages have been launching products in the UAE and other countries in the region, catering to a consumer base that is already accustomed to low or no alcohol consumption.
The market for non-alcoholic drinks has seen significant growth in terms of the quality and variety of options available. In the UAE, for instance, there is a wide selection of zero-proof spirits, craft tonics, mixers, alcohol-free ciders, and beers.
There is also a growing demand for plant-based and lactose-free products in the region. This is driven by the increasing number of people with lactose intolerance and the general shift toward plant-based diets.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa non-alcoholic beverages market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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