Global Non-Alcoholic Beverage Market to Skyrocket from $1,698.0 Billion in 2023 to $3,805.4 Billion by 2034 says BIS Research

The non-alcoholic beverage market, which includes a wide variety of drinks such as juices, teas, coffees, soft drinks, and bottled water, is experiencing rapid expansion driven by consumer demand for healthier and more diverse options. Major companies like Nestlé, PepsiCo, and Coca-Cola dominate this market, continually innovating to maintain their competitive edge. Health and sustainability trends are significantly shaping the market, leading to increased use of natural ingredients and environmentally friendly packaging.  

According to BIS Research, the global non-alcoholic beverage market is expected to grow from $1,698.0 billion in 2023 to $3,805.4 billion by 2034. This growth has a substantial economic impact, creating jobs and supporting a vast network of suppliers, retailers, and service providers. The industry's demand for raw materials like sugar, water, and natural flavorings supports the agriculture sector and influences global trade patterns. Innovations in product development, such as plant-based and functional beverages, drive advancements in food science and packaging technologies. Sustainability efforts are leading to significant investments in renewable energy and eco-friendly packaging, reducing the environmental impact of beverage production.  

Additionally, the industry's focus on health and wellness promotes partnerships with nutritionists and healthcare professionals, fostering a more health-conscious consumer base. Overall, the non-alcoholic beverage market is a dynamic force that drives economic growth, technological innovation, and societal well-being. 

Access Insights: Global Non-Alcoholic Beverage Market 

Global Non-Alcoholic Beverage Market Segments 

Segmentation 1: by Category 

•    Water Juices 

•    Soft Drinks 

•    Tea 

•    Coffee 

•    Dairy and Plant-Based Milk 

•    Non-Alcoholic Beer and Wine 

•    Functional Beverages 

•    Specialty Drinks 

By Water 

•    Still Water 

•    Sparkling Water 

•    Flavored Water 

By Juices 

•    Fruit Juices 

•    Vegetable Juices 

•    Smoothies 

By Soft Drinks 

•    Sodas 

•    Non-Carbonated Soft Drinks 

By Tea 

•    Traditional Tea 

•    Herbal Tea 

•    Iced Tea 

By Coffee 

•    Brewed Coffee 

•    Espresso 

•    Cold Brew Coffee 

•    Decaffeinated Coffee 

By Dairy and Plant-Based Milk 

•    Raw Milk 

•    Plant-Based Milk 

•    Milk-Based Shakes and Drinks 

By Non-Alcoholic Beer and Wine 

•    Non-Alcoholic Beer 

•    Non-Alcoholic Wine 

By Functional Beverages 

•    Energy Drinks 

•    Sports Drinks 

•    Probiotic Drinks 

•    Fortified Water and Juice 

•    Others 

By Specialty Drinks 

•    Mocktails 

•    Coconut Water 

•    Kombucha 

•    Others 

Segmentation 2: by Preparation 

•    Retail Packaged 

     o    Ready-to-Drink 

     o    Pre-Mix Beverages 

     o    Syrups and Concentrates 

     o    Mixers 

•    Restaurants and Food Chain 

Segmentation 3: by Region 

•    North America 

•    Europe 

•    Asia-Pacific 

•    Rest-of-the-World 

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Key Players in the Global small modular reactor market 

•    Nestlé 

•    The Coca-Cola Company 

•    PepsiCo 

•    Starbucks Coffee Company 

•    Keurig Dr Pepper Inc. 

•    SUNTORY BEVERAGE & FOOD LIMITED 

•    ASAHI GROUP HOLDINGS, LTD. 

•    Unilever 

•    Kirin Holdings Company Limited 

•    The Kraft Heinz Company 

•    Diageo 

•    AB InBev 

•    Red Bull 

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Other Related Reports from BIS Research 

Global Kombucha Market 

Global Organic Soy Protein Isolates Market 

Global Lactose-Free Dairy Products Market 

About BIS Research 

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.   

Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.    

BIS Research offers syndicate and custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.   

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