Non-Alcoholic Beverages Market Global Research Report
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Non-Alcoholic Beverages Market Global Research Report
Non-Alcoholic Beverages Market Global Research Report by Product Type (Carbonated Soft Drinks, Juices, Bottled Waters, Sports & Energy Drinks, RTD Teas & Coffees, and Others), Packaging Type (Bottles, Cans, Cartons, and Others), Distribution Channel (StoreBased and Non-Store-Based), and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2024
Key Players: Prominent players in the COVID-19 Impact on Non-Alcoholic Beverages Market include Fuze Beverage (US), PepsiCo (US), CocaCola (US), Kraft Foods (US), Nestlé (Switzerland), Kraft Foods (US), Campbell Soup Company (US), and Ocean Spray (US).
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Non-Alcoholic Beverages Market Global Research Report
Global COVID-19 Impact on Non-Alcoholic Beverages Market is projected to grow with a significant growth rate of 4.61% from 2019 to 2024 and reach a market value of USD 1073.9 billion by the end of 2024. Company’s strategies inclined to launch of new non-alcoholic beverage products is also encouraging the growth of the market. Prevailing trends observed during the analysis include innovations in food and beverage processing techniques and technology advancements and consumer’s preference towards healthy drinks. Despite demonstrating the huge growth potential, the non-alcoholic beverages segment, as a category faces a lot of challenges. The predominant one is the stomach-churning combination of a high level of caffeine and a load of sugar in one handy can, Energy drinks are said to have encouraging obesity and aggressive behaviour. Besides, some non-alcoholic drinks like Coke or Pepsi, loaded with huge amounts of pesticides are addictive.
Regional Analysis: Globally, Europe region dominates the non-alcoholic beverages market with the largest market share followed by North-America and APAC. Changing consumption pattern, rising weight loss diet trend the markets for non-alcoholic beverages are growing in the region. Besides factors such as high disposal income & increasing health eccentric populace coupled with the influence of media provide impetus to the regional market growth. North America is another lucrative market for non-alcoholic beverages. This growth attributes to America’s largest market backed by the high per capita income and the presence of large innovative players operating in the country’s non-alcoholic beverages market.
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Non-Alcoholic Beverages Market Global Research Report
Segmentation The MRFR analysis is segmented into four key dynamics for the convenience of understanding; By Type: Probiotic Drinks, Alcohol-Free Drinks, Energy Drinks, RTD, Juice, Herbal & Fruit Teas, Fortified water, and Dairy & Non- Dairy Beverages among others. By Packaging: Bottle, Tetra Pack, Sachet, and Tin Can among others. By Distribution Channel
: Store-Based and Non-Store Based among others.
By Region: North America, Europe, APAC and the Rest-of-the-World.
Intended Audience Non-alcoholic beverage manufacturers Commercial research and development institutions Cafes, pubs, and hospitality industry Raw material suppliers and distributors Retailers, distributors, and wholesalers Traders, exporters, and importers
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Non-Alcoholic Beverages Market Global Research Report
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Copyright Š 2017 Market Research Future.