Non-Alcoholic Beverage Market By Type (Carbonated Beverage and Non- Carbonated Beverages), By Distribution Channel ( Supermarket/ Hypermarket, Convenience Store, Speciality Stores, Online Stores, and Other Distribution Channels), and By Region - Trends, Analysis and Forecast till 2034

Nonalcoholic Beverages Market was valued at USD 873.8 Billion in 2024 and is projected to grow at a CAGR of 9.40% to reach USD 1979.2 Billion by 2034.

Non-alcoholic beverages are the alternative of the alcoholic beverages which do not contain alcohol more than 0.5%. The alcohol contain beverages are popular in countries like Saudi Arabia, Kuwait, and Iran due to prohibition laws for alcohol. Changing preferences and taste is inclination toward consumption of convenience food and beverages and consumer that led to the rising in need for non-alcoholic beverages in the last few decades. Non- alcohol beverages are separated from the alcoholic beverages by using ethanol distillation method. The global non-alcoholic beverage market has observed fast changes because of the factors like improvement in the standard of living of the population, purchasing power, and rapid urbanization.

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Increasing awareness among the population regarding health

Rise in awareness among the population regarding health and increasing standard of living that prefer non- alcohol beverages over the alcoholic beverages. The non- alcoholic beverages are not harmful for the health as high dose of alcohol can cause dizziness. Increasing health safety and awareness is the major propelling factor for the growth of the target market.  

Growing disposable income

Availability of various flavors of the non- alcoholic beverages can be afforded by the population as growth in the per capita disposable income. Moreover, the continuous development in flavors and cost cutting in the prices of the beverages drives the target market growth. The growing disposable income is the boosting factor for the global market.

Rise stringent government rules and regulations

The restriction on the production of non- alcoholic beverages from the alcoholic contain beverages are strictly prohibited in some countries. Therefore, the rise in stringent government rules and regulations is the major restraining factor for the growth of the global non- alcoholic beverages market.

The non-alcoholic beverage market is segmented based on type, distribution channel, and region.

On the basis of type, the non-alcoholic beverage market is segmented into carbonated beverages and non- carbonated beverages. Based on distribution channel, the target market is segmented into supermarket/ hypermarket, convenience store, speciality stores, online stores, and other distribution channels.

Regional Insights:

On region the non-alcoholic beverage market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region is anticipated the highest growth rate over the forecast period due to increasing demand for the non- alcoholic beverages and rise in disposable income among the huge population. North America region is expected to show significant growth during the forecast period due to rise in demand for non- alcoholic beverage products.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global non- alcoholic beverages market report based on type, distribution channel, and region:

Non-Alcoholic Beverage Market, By Type:

• Carbonated Beverages
• Non- Carbonated Beverages

Non-Alcoholic Beverage Market, By Distribution Channel:

• Supermarket/ Hypermarket
• Convenience Store
• Speciality Stores
• Online Stores
• Other Distribution Channels

Non-Alcoholic Beverage Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the non-alcoholic beverage market includes PepsiCo, Inc., The Coca-Cola Company, Nestle S.A., Dr. Pepper Snapple Group, Inc., The Kraft Heinz Company, Reed’s, Inc., Appalachian Brewing Co., Jones Soda Co., and Molson Coors Brewing Company. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2019, the PepsiCo Inc. declared the acquisition of the BFY brands, beverages and Snacks Company, the multinational food, and marker Popcorners Snacks on 4 December 2019.

• PepsiCo, Inc.
• The Coca-Cola Company
• Nestle S.A.
• Dr. Pepper Snapple Group, Inc.
• The Kraft Heinz Company
• Reed’s, Inc.
• Appalachian Brewing Co.
• Jones Soda Co.
• Molson Coors Brewing Company.