A
report released recently by Transparency Market Research (TMR) pegs
the value of the global non-alcoholic drinks market at US$1,435.2 bn
in 2013. The market, according to the report, will reach US$1,937.7
bn by 2020. If the figures hold true, the global non-alcoholic drinks
market will exhibit a positive CAGR of 4.30% between 2014 and 2020.
By volume, the global non-alcoholic drinks market is expected to
reach 1,289.03 bn liters by 2020, from 912.77 bn liters in 2013.
Based on volume, therefore, the market is expected to exhibit a CAGR
of 4.90% during the forecast period. The report is titled
“Non-Alcoholic Drinks Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020” and is available
on TMR’s official website for sale.
Due
to globalization, a paradigm shift in consumer preference for food
and beverages has been noted, which has impelled major market players
to introduce new variants and flavors in food products. This is the
primary factor fuelling demand from the global alcoholic drinks
market.
Browse
full Non-Alcoholic
Drinks Market report
at:http://www.transparencymarketresearch.com/non-alcoholic-drinks-market.html
GDP
of developing nations is anticipated to strengthen further in the
next few years, due to rapid expansion of the construction,
automotive, and power industries. This increases the disposable
income of people, which subsequently fuels demand from the
non-alcoholic drinks market. Despite achieving a sustainable growth
rate, the market, according to the report, will face a challenge from
the growing awareness among consumers about the long-term negative
health implications of having sugar-sweetened beverages in excess.
Among the key regional markets for alcoholic drinks, North America
holds the leading position, followed by Asia Pacific. Rapid
urbanization and rapidly evolving lifestyle in developing economies
such as India, Singapore, and China will augment demand for
non-alcoholic drinks from the Asia Pacific market, which is also
anticipated to exhibit the highest CAGR during the report’s
forecast period.
Illustrating
the growth prospects of the non-alcoholic drinks market in North
America and Europe, a lead TMR analyst said, “Since these regions
witness a high incidence of obesity that is directly related to
excessive consumption of sugar sweetened beverages, manufacturers in
North America and Europe are impelled to launch diet drinks and
healthier variants with no added flavor or sugar to cater to the
changing consumer preference.”
Request
a Brochure of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1340
The
report segments the global non-alcoholic drinks market into tea and
coffee, soft drinks, dairy drinks, juice, and bottled water for the
purpose of study. Of these, soft drinks comprise the largest product
segment, accounting for a total consumption of 471.07 billion liters
in 2013. However, according to the report, the segment of tea and
coffee is likely to exhibit the fastest CAGR, of 7.0% during the
forecast period.
Among
the key regional market segments, North America holds a dominant
share in the global non-alcoholic drinks market. In 2013, the North
America non-alcoholic drinks market stood at US$220.8 bn. “Due to
growing healthcare awareness among consumers in the region, the
demand for non-alcoholic drinks in North America will remain steady.
However, the Asia Pacific market will exhibit the fastest CAGR, 6.80%
during the 2014-2020 period owing to the increasing disposable income
of people living in the region” – said the TMR analyst.
The
report segments the global non-alcoholic drinks market as:
Non-Alcoholic
Drinks Market, by Product
- Soft Drinks
- Bottled Water
- Tea and Coffee
- Juice
- Dairy Drinks
- Others
Non-Alcoholic
Drinks Market, by Geography:
North
America
- U.S.
- Canada
- Rest of North America
Europe
- Italy
- France
- Poland
- U.K.
- Germany
- Netherlands
- Hungary
- Rest of Europe
Asia
Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
Rest
of the World
- Brazil
- Middle East
- Others
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/global-non-alcoholic-drinks-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment