Spain Non-alcoholic Beverages Market Size & Outlook
Spain non-alcoholic beverages market, 2018-2030 (US$M)
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Spain non-alcoholic beverages market highlights
- The Spain non-alcoholic beverages market generated a revenue of USD 24.3 million in 2022 and is expected to reach USD 42.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.3% 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 24.3 million |
| Market revenue in 2030 | USD 42.8 million |
| Growth rate | 7.3% (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, Spain accounted for 2.1% 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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Spain 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 27.98% in 2022. Horizon Databook has segmented the Spain 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.
Spain has a long-standing tradition of consuming beer and wine, but there is a growing trend among young people in Southern Europe, including Spain, to opt for low- or non-alcoholic alternatives. This shift is driven by increased awareness of the negative effects of drinking alcohol.
Furthermore, the availability of high-quality non-alcoholic options, such as non-alcoholic beer and dealcoholized wine, has also contributed to the expansion of the non-alcoholic drinks market in Spain. For example, Spain accounts for the highest consumption of non-alcoholic beer in Europe, representing 15% of the total beer consumption.
Non-alcoholic beverage brands offer high-quality drinks with improved aroma and flavor, bringing the products closer to standard alcoholic beverages. The beverage industry in Spain is continuously growing, and non-alcoholic drinks, such as kombucha, are among the categories with the highest growth in the Spanish market.
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Target buyers of Spain non-alcoholic beverages market databook
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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 Spain non-alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into Spain non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain non-alcoholic beverages market size, by product, 2018-2030 (US$M)
Spain Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
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