The latest report by IMARC Group, titled “Non-Alcoholic Beverage Market Report by Product Type (Carbonated Soft Drinks, Juices, Bottled Water, Sports and Energy Drinks, RTD Tea and Coffee, and Others), Packaging Type (Bottles, Cans, Cartons, and Others), Distribution Channel (Retail, Food Service, Supermarkets and Hypermarkets, Online Stores, and Others), and Region 2024-2032“, The global non-alcoholic beverage market size reached US$ 928.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,400.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. 

A virgin drink, also referred to as a non-alcoholic beverage, is a drink with minimal to zero alcohol content, typically under 0.5 ABV. It is crafted for enjoyment without inducing any notable intoxicating effects. Individuals who opt out of alcohol consumption for personal, health, cultural, or religious reasons can savor non-alcoholic drinks as an alternative choice. These beverages come in a diverse array of flavors and types to suit various preferences. Popular examples include fruit juices, smoothies, herbal teas, flavored water, energy drinks, sports drinks, and mocktails. They are formulated to be revitalizing, tasty, and hydrating—delivering a comparable experience to alcoholic beverages minus the inebriation. Infused with natural ingredients and fortified with vitamins and minerals, these drinks offer nutritional advantages to consumers. Non-alcoholic beverages serve as an excellent option in social settings where individuals may prefer not to partake in alcohol consumption—encouraging inclusivity and diversity at gatherings. With their rising demand, non-alcoholic beverages are readily accessible in supermarkets, eateries, and coffee shops—catering to a broader audience of consumers.

Non-Alcoholic Beverage Market Trends and Drivers:

The non-alcoholic beverage sector is on the rise as consumer preferences shift towards healthier and more flavorful drinks without alcohol. With a growing awareness of the impacts of excessive sugar and alcohol consumption, people are seeking beverages with lower sugar content, natural ingredients, and added benefits like hydration, energy, or vitamins. Social media and digital marketing play a significant role in promoting non-alcoholic drinks through partnerships with influencers and online platforms, making it easier for consumers to explore new products. To stand out in the market, companies are focusing on innovation by offering unique flavors, appealing packaging, and engaging marketing tactics. The demand for premium non-alcoholic options like craft sodas, specialty teas, flavored waters, and creative mocktails is increasing among the expanding middle-class population with higher disposable incomes. Moreover, the trend towards sustainability and eco-friendly living is also influencing the development of non-alcoholic beverages.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/non-alcoholic-beverage-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Product Type Insights: 

  • Carbonated Soft Drinks
  • Juices
  • Bottled Water
  • Sports and Energy Drinks
  • RTD Tea and Coffee
  • Others

Packaging Type Insights: 

  • Bottles
  • Cans
  • Cartons
  • Others

Distribution Channel Insights:

  • Retail
  • Food Service
  • Supermarkets and Hypermarkets
  • Online Stores
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Arizona Beverage Company
  • Asahi Group Holdings Ltd.
  • Danone S.A.
  • Keurig Dr Pepper Inc.
  • Nestlé S.A.
  • Parle Agro Pvt. Ltd.
  • PepsiCo Inc.
  • Primo Water Corporation
  • Red Bull GmbH
  • Suja Life LLC
  • Suntory Beverage & Food Limited
  • The Coca-Cola Company.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163