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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
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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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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