UK Non-alcoholic Beverages Market Size & Outlook
UK non-alcoholic beverages market, 2018-2030 (US$M)
Related Markets
UK non-alcoholic beverages market highlights
- The UK non-alcoholic beverages market generated a revenue of USD 29.8 million in 2022 and is expected to reach USD 51.3 million by 2030.
- The UK market is expected to grow at a CAGR of 7% 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 29.8 million |
| Market revenue in 2030 | USD 51.3 million |
| Growth rate | 7% (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, UK accounted for 2.6% 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 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Non-alcoholic Beverages Market Scope
Non-alcoholic Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 25.84% in 2022. Horizon Databook has segmented the UK 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.
Changing lifestyles, particularly among younger generations, are shifting towards a more balanced and mindful approach to drinking. Many individuals are opting for non-alcoholic options to maintain their overall well-being and lead more active and productive lives.
An increasing number of beer brands are venturing into the line of low- and no-alcohol options. In January 2023, The European division of the Japanese beverage conglomerate Asahi Group introduced a zero percent alcohol variant of its well-known brand.
The 'Drinks for Everyone' study, conducted in February 2023 by consumer behavior researchers in collaboration with mindful drinking organization Club Soda, examined data from an online survey of 2,000 U.K. adults.
Reasons to subscribe to UK non-alcoholic beverages market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK non-alcoholic beverages market databook
-
Our clientele includes a mix of non-alcoholic beverages market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK non-alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into UK non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK non-alcoholic beverages market size, by product, 2018-2030 (US$M)
UK Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
