UK Non-alcoholic Beverages Market Size & Outlook
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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.
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Non-alcoholic Beverages Market Scope
Non-alcoholic Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Red Bull | View profile | 10001+ | Fuschl Am See, Salzburg, Austria, Europe | https://redbull.com |
| Coca-Cola Co | View profile | 79100 | One Coca-Cola Plaza, Atlanta, GA, United States, 30313 | https://www.coca-colacompany.com |
| Jones Soda Co | View profile | 27 | 4786 1st Avenue South, Suite 103, Seattle, WA, United States, 98134 | https://www.jonessoda.com |
| Keurig Dr Pepper Inc | View profile | 28100 | 53 South Avenue, Burlington, MA, United States, 01803 | https://www.keurigdrpepper.com |
| Asahi Group Holdings Ltd | View profile | 34728 | 1-23-1, Azumabashi, Sumida-ku, Tokyo, Japan, 130-8602 | http://www.asahigroup-holdings.com |
| Suntory Beverage & Food Ltd | View profile | 24641 | 3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.suntory.co.jp |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
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.
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Target buyers of UK 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 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.
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UK non-alcoholic beverages market size, by product, 2018-2030 (US$M)
UK Non-alcoholic Beverages Market Outlook Share, 2022 & 2030 (US$M)
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