Non-Alcoholic Drinks Market is Expected to Reach USD 1,937.73 bn by 2020, Growing at a CAGR of 4.3% from 2014 to 2020

The beverages that contain less than 0.5% of alcohol by volume are called non-alcoholic drinks. The non-alcoholic drinks also include non-alcoholic beer and wine. The non-alcoholic drinks market includes soft drinks, juices, ready-to-drink tea and coffee, bottled water, and energy drinks among others. Increasing demand for non-alcoholic beverages is one of the major factors fueling the demand for non-alcoholic drinks. Apart from this, changing customer lifestyle along with increasing per capita income is also expected to boost the demand for non-alcoholic drinks. However, increasing health awareness is one of the major restraining factors for the non-alcoholic drinks market.

View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1340

Soft drink is the largest product segment valued at 471.07 billion liters in 2013. However, tea and coffee segment is expected to be the fastest growing market growing at a CAGR of 7.0% from 2014 to 2020. Increasing amount of disposable income owing to rapid industrialization is one of the major factors fueling the demand for soft drinks. However, Asia Pacific is also one of the major markets for non-alcoholic drinks.

The non-alcoholic drinks market in Asia Pacific was valued at USD 332.22 billion in 2013 and is expected to be fastest growing market for non-alcoholic drinks. Asia Pacific is also one of the fastest growing markets for non-alcoholic drinks. Rapidly changing lifestyle and increasing disposable income are some of the major factors fueling the demand for non-alcoholic drinks in Asia Pacific. Emerging economies such as India, China and Singapore among others are some of the major markets for non-alcoholic drinks in Asia Pacific. Owing to these factors, Asia Pacific is expected to be one of the largest markets for non-alcoholic drinks in the long run.

North America is the largest market for non-alcoholic drinks valued at USD 220.79 billion in 2013. However, owing to increasing health awareness among all age groups the non-alcoholic drinks market in North America is expected to experience stable growth throughout the forecast period. However, Asia Pacific is also one of the major markets for non-alcoholic drinks. The non-alcoholic drinks market in Asia Pacific was valued at USD 332.22 billion in 2013 and is expected to be fastest growing market for non-alcoholic drinks.

Major industry participants include A.G. Barr, plc. (U.K.), Dr. Pepper Snapple Group, Inc. (U.S.), Dydo Drinco, Inc. (Japan), Attitude Drinks, Inc. (U.S.), LiveWire Ergogenics, Inc. (U.S.), Calcol, Inc. (U.S.), Danone (France), Nestlé S.A. (Switzerland), PepsiCo, Inc. (U.S.) and The Coca-Cola Company (U.S.) among others.