Non-alcoholic Drinks Market to Rise at 7.0% CAGR During 2014-2020

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference. 

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The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020.

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region. 

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks.

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Non-alcoholic Drinks Market to Reach Valuation of US$1,937.73 bn by 2020

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference. 

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The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020. 

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region. 

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks. 

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee. 

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Non-alcoholic Drinks Market Projected to Rise a CAGR of 4.30% from 2014 to 2020

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference. 

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The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020. 

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region.

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks. 

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

Inclination to Imbibe on New Flavors in Drinks among Young Populations Catalyzes Market 

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Non-alcoholic Drinks Market: Rising Disposable Incomes and Mounting Health Concerns Boost Market

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference.

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The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020.

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region.

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks.

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

Inclination to Imbibe on New Flavors in Drinks among Young Populations Catalyzes Market

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Non-alcoholic Drinks Market Projected to Reach US$1,937.73 bn by 2020

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference.

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The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020.

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region.

Rising Disposable Incomes and Mounting Health Concerns Boost Market

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks.

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

Inclination to Imbibe on New Flavors in Drinks among Young Populations Catalyzes Market

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Non-alcoholic Drinks Market Intelligence Report Offers Growth Prospects

Non-Alcoholic Drinks Market: Snapshot

The shifting lifestyles of consumers and the growing per capita income are amongst the prime factors positively impacting the global non-alcoholic drinks market. Due to the changing preferences of consumers, numerous flavors and variants of drinks have been introduced in this market which will bring in new growth opportunities in the global non-alcoholic drinks market. The increasing temperatures owing to global warming will also drive the growth of this market. This market is concentrated in nature and hence a couple of players hold a key share within this market. Due to the fact that the market is led by the changing tastes and preferences of consumers, this is why even smaller players are tapping into this market by catering to the needs of local residents and by keeping the prices competitive.

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The global non-alcoholic drinks market stood at US$1,435.25 bn in 2013 and is anticipated to touch US$1,937.73 bn by 2020, expanding at a 4.30% CAGR from 2014 to 2020. Volume-wise, this market is poised to rise at a 4.90% CAGR in the forecast period and will fuel the non-alcoholic beverages ‘consumption to 1,289.03 bn liters by 2020, starting from 912.77 bn liters in 2013. The increasing disposable income of consumers, the tastes of local consumers, and demographics will also bode well for the development of the non-alcoholic drinks market. On the other hand, the rising awareness on health is amongst the prime factors impeding the development of the global non-alcoholic market.

Tea and Coffee to Gain Demand Due to Rising Disposable Income of Consumers

Product-wise, the non-alcoholic drinks market is segmented into dairy drinks, juice, tea and coffee, bottled water, soft drinks, and others. Of these, the segment of soft drinks held a dominant share and stood at 471.07 bn liters in 2013. On the other hand, the segment of tea and coffee is poised to emerge as the most swiftly developing segment due to swift industrialization and the growing disposable income of consumers. This segment is predicted to rise at a healthy 7.0% CAGR between 2014 and 2020.

In terms of geography, the report segments the global non-alcoholic drinks market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, the North America non-alcoholic drinks market emerged as the top market and was valued at US$220.79 bn in 2013. This is due to the growing awareness on health amongst individuals of all age groups in North America over the forecast period.

Increasing Count of Young Consumers to Positively Impact Asia Pacific Non-Alcoholic Drinks Market

On the other hand, Asia Pacific has also emerged as amongst the key markets for non-alcoholic drinks. The Asia Pacific non-alcoholic drinks market stood at US$332.22 bn in 2013 and is predicted to grow exponentially over the forecast period. This is due to the rising disposable income of consumers in developing nations of India and China and the increasing count of young consumers. In addition, the launch of ‘Make in India’ campaign in India will also provide impetus to the development of the non-alcoholic drinks market in Asia Pacific.

The prime players operating in the global non-alcoholic drinks market are 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.

Non-alcoholic Drinks Market: Changing Consumer Shifts in Food and Beverages to Bolster Demand

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference.

The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020.

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region.

Rising Disposable Incomes and Mounting Health Concerns Boost Market

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks.

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The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

Inclination to Imbibe on New Flavors in Drinks among Young Populations Catalyzes Market

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.

Global Non-alcoholic Drinks Market: Production Volume to Reach 1,289 bn Liters by 2020, Says TMR

The intense rivalry among leading participants characterizes the competitive landscape of the global market for non-alcoholic drinks, states a new study by Transparency Market Research (TMR). The top players, such as Nestlé, Coca-Cola, Danone, PepsiCo, Attitude Drinks, Calcol, A.G. Barr, Dydo Drinco, LiveWire Ergogenics, and Dr Pepper Snapple, are actively concentrating on expanding their product portfolios by introducing new flavors. Over the coming years, these players are anticipated to uptake price differentiation strategy in order to sustain in this competitive environment, states the research study.

According to TMR, the worldwide non-alcoholic drinks market was worth US$1,435.2 bn in 2013. Researchers predict the opportunity in this market to rise at a CAGR of 4.30% during the period from 2014 to 2020 and reach a value of US$1,937.7 bn by the end of the forecast period. In terms of volume, the market is expected to produce 1,289 bn liters of non-alcoholic beverages by 2020.

Demand for Soft Drinks to Remain Strong

The research study considers bottled water, soft drinks, tea and coffee, dairy drinks, juice, and several other beverages as the key products available in the global market for non-alcoholic drinks. Among these, soft drinks enjoy a greater demand from consumers. With the increasing disposable income of consumers in developing economies, reflecting positively on their purchasing power, the demand for soft drinks is anticipated to augment further, ensuring the dominance of this segment in the years to come. Apart from soft drinks, tea and coffee are also projected to witness a surge in their demand over the next few years, proliferating at a CAGR of 7.0% over the forecast period.

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Discussing the regional reach of the worldwide market for non-alcoholic drinks, the study reports the market’s presence across Europe, North America, Asia Pacific, and the Rest of the World. With a number of established nod-alcoholic drink vendors headquartered in the region, North America has been leading the global market significantly. Researchers anticipate this regional market to remain dominant over the next few years. The Asia Pacific market for non-alcoholic beverages are also expected to witness a high rise in the demand for non-alcoholic beverages in the near future, states the research report.

Changing Consumption Patterns to Boost Global Non-alcoholic Drinks Market

“The constantly changing pattern of consumers’ preference for food and beverages across the world is the main factor behind the sturdy growth of the global non-alcoholic drinks market. In addition to this, the rise in the purchasing power of consumers in emerging economies and the introduction of new products in various flavors and variants on a regular basis are likely to boost this market in the years to come. On the flip side, the increasing concerns over the adverse effects of artificially sweetened beverages on human health may limit the market’s growth to some extent, notes the research study.

The review is based on a report by Transparency Market Research, titled “Non-Alcoholic Drinks Market (Product - Soft Drinks, Bottled Water, Tea and Coffee, Juice, and Dairy Drinks) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014–2020.”

The report segments the global non-alcoholic drinks market as:

By Product

• Soft Drinks
• Bottled Water
• Tea and Coffee
• Juice
• Dairy Drinks
• Others

Non-alcoholic Drinks Market: Manufacturers Focus on Developing Healthier Beverages

The global non-alcoholic drinks market is fragmented with players such as Danone, Nestlé S.A., The Coca-Cola Company, Calcol, Inc., PepsiCo Inc., Attitude Drinks, Inc., LiveWire Ergogenics, Inc., Dydo Drinco, Inc., Dr Pepper Snapple Group, Inc., and A.G.Barr, p.l.c. Players in the market are focusing on innovation and experimenting with newer flavors and ingredients, states a new report by Transparency Market Research (TMR). Companies are also participating in mergers, partnerships, and collaboration activities so as to enhance their product portfolio and also increase their market share. Partnering and collaborating with other companies are also helping companies to combine their expertise and serve customers in a better way. Players are concentrating on understanding the changing dynamics of customer demands. Packaging is another area, on which players are stressing. Aggressive marketing strategies and price competitiveness are a part of the industry.

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According to the report, the global non-alcoholic drinks market is expected to reach US$1,937.73 bn by 2020. By volume, the consumption of non-alcoholic drinks is likely to reach 1,289.03 bn liters by 2020. On the basis of product type, the market is segmented into soft drinks, tea and coffee, bottled water, juice, and dairy drinks. Of these, the soft drinks market is expected to witness a high growth. The demand for soft drinks will especially escalate in emerging nations. However, the tea and coffee segment will expand at a significant CAGR in the coming years. By geography, the non-alcoholic drinks market is expected to be led by North America. However, Asia Pacific is expected to expand at the maximum pace.

Rise in Disposable Income and Changing Lifestyle to Fuel Demand for Non-Alcoholic Drinks

Non-alcoholic drinks are highly in demand, especially from the young consumer base from developing nations such as India and China. The growing disposable income is another important factor leading to an increased consumption of non-alcoholic drinks. “The changing lifestyle, growing population, and rising temperature owing to global warming are some of the other factors behind the high demand for non-alcoholic drinks,” says a TMR analyst. Also, the long shelf life of these beverages are driving the growth of the market. Many of the health conscious consumers are opting for juices and this is expected to drive the market. Marketing strategies adopted by companies and increased penetration of hypermarkets, supermarkets, and retailers are fueling the sales of non-alcoholic drinks across the globe.

Health Concerns to Dampen Demand for Non-Alcoholic Drinks

Some of the factors inhibiting the growth of the global non-alcoholic drinks market are rising concerns with regards to health effects of artificially sweetened beverages and increasing awareness regarding obesity. Incidences of diabetes are also growing and many consumers are avoiding artificially sweetened drinks. Tooth decay is another factor that is refraining consumers from purchasing soda and carbonated drinks. Growing prevalence of osteoporosis is another reason hindering the demand for non-alcoholic drinks. Consumers are demanding zero-sugar drinks and diet beverages. Changing customer demands thus, become a challenge for players. Market players are therefore, focusing on introducing new healthier variants with lower calories as per customer needs. Additionally, new product launches are expected to create growth opportunities in the market. Manufacturers are now ensuring that their package contain nutrition information, such as calories and sugar.

This information is based on the findings of a report published by Transparency Market Research titled “Non-Alcoholic Drinks Market (Product - Soft Drinks, Bottled Water, Tea and Coffee, Juice, Dairy Drinks) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.”

The global non-alcoholic drinks market is segmented as follows:

Non-Alcoholic Drinks Market, by Product

• Soft Drinks
• Bottled Water
• Tea and Coffee
• Juice
• Dairy Drinks
• Others

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.

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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.

Rising Demand for Fruit-based Fizzy Drinks, Tea, and Coffee Drives Nonalcoholic Drinks Market

Nonalcoholic drinks are beverages that contain less than 0.5% alcohol by volume. While popular beverages such as coffee, tea, and fruit juices count as nonalcoholic drinks, nonalcoholic varieties of alcoholic drinks such as beer and wine are also considered among nonalcoholic drinks. The demand for nonalcoholic drinks has grown smoothly over the last few decades, as the adverse effects of alcohol consumption have become progressively clearer and uncontestable. The rising health awareness among the global population is thus a key driver for the global nonalcoholic drinks market.

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According to Transparency Market Research, the global nonalcoholic drinks market was valued at US$1,435.2 bn in 2013. Exhibiting a 4.30% CAGR between 2014 and 2020, the market is expected to rise to a valuation of US$1,937.7 bn. By volume, the market is expected to exhibit an even higher 4.90% CAGR in the same timeframe, with the total volume of the market expected to rise to 1,289 bn liters from 912.7 bn liters in 2013. This illustrates both the growing demand for nonalcoholic beverages and the expected price wars in the market for the same.

What is the key driver for the global nonalcoholic drinks market?

The growing awareness about the health benefits of nonalcoholic drinks is the prime driver for the nonalcoholic drinks market in developed regions. A study conducted in 2015 showed that the consumption of soda in the U.S., one of the largest markets for aerated drinks, had fallen to a 30-year low due to the steadily growing health awareness among the population.

Furthermore, 2016 is set to be the first year in which the sales of bottled water in the U.S. are expected to outstrip sales of soda-based drinks. While concerns about water contamination have played their part, it is becoming clear that consumers are not only moving away from alcoholic drinks, but also making the healthier choice when it comes to nonalcoholic drinks.

The growing demand for coffee and tea is another key driver for the global nonalcoholic drinks market. Coffee and tea have several health benefits, due to which the traditional consumption of both across the world is being supplemented by new drinkers. The ease of selling prepackaged ready-to-drink coffee and tea has made them easily available across the world, further boosting the growth prospects of the global nonalcoholic drinks market. The segment of tea and coffee is expected to exhibit a higher CAGR than any other product segment of the market in the 2014-2020 forecast period.

How is the nonalcoholic drinks market performing in emerging regions?

In emerging regions, the growing demand for fizzy fruit-based drinks is an influential factor likely to shape the trajectory of the nonalcoholic drinks market in the coming years. While the demand for aerated drinks is steadily dropping in developed countries, the market for the same is still in its growth phase in emerging economies. As a result, the demand for soda-based drinks is still growing in regions such as Asia Pacific and Latin America. In the hugely promising India market, for instance, both PepsiCo and Coca Cola are expected to launch new fruit-based aerated drinks in the coming years, leading to improved growth prospects for the nonalcoholic drinks market.

While North America is the leading contributor to the global nonalcoholic drinks market at present, the booming demand for aerated drinks and tea/coffee is expected to make Asia Pacific the key contributor in the coming years.

Rising Health Awareness to Create Growth Opportunities for Global Non-Alcoholic Drinks Market, says TMR

Transparency Market Research has announced the release of a new research report on the global non-alcoholic drinks market. As per the report, the market stood at US$1,435.25 bn in 2013 and is predicted to reach US$1,937.73 bn by 2020, progressing at a 4.30% CAGR from 2014 to 2020. The report, titled ‘Non-Alcoholic Drinks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,’ states that by volume, the market will progress from 912.77 billion liters in 2013 to 1,289.03 billion liters by 2020, exhibiting a steady CAGR of 4.90% from 2014 to 2020. Factors such as the growing awareness among people about healthy living, changing consumer preferences, and the rising disposable income are responsible for the steady growth of the global non-alcoholic drinks market, state the report’s authors.

Non-alcoholic beverages contain a minimal percentage of alcohol – usually less than 0.5% by volume. Non-alcoholic drinks comprise juices, soft drinks, ready-to-drink coffee, tea, energy drinks, bottled water, and even beer. The healthy eating trend has inspired many people to shift their preferences from alcoholic drinks to non-alcoholic beverages. The global non-alcoholic drinks market has seen a changing trend in the recent past with the introduction of organic drinks, energy drinks, and sports drinks. Soft drinks comprised the leading product segment in 2013 valued at 471.07 billion liters. However, the tea and coffee segment is projected to exhibit a 7.0% CAGR from 2014 to 2020 to be the fastest growing segment.

Rapid industrialization and the changing trends in the global beverages market have propelled the global market for non-alcoholic drinks. Leading players are concentrating on introducing new non-alcoholic drinks to match the changing tastes of consumers.

For a detailed study, analysts have segmented the global non-alcoholic drinks market on the basis of product and region. Based on region, the market is divided into North America, Europe, Asia Pacific, and Rest of the World. Currently, the global market is led by North America, followed by Asia Pacific. In 2013, the North America non-alcoholic drinks market stood at US$220.79 bn. Rapid urbanization is the primary factor responsible for the growth of the North America non-alcoholic drinks market. Obesity is a growing concern in North America due to excess consumption of artificially sweetened beverages. Several manufacturers of non-alcoholic and low-sugar drinks are introducing new products to cater to the changing needs of customers.

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However, with changing lifestyles in economies such as China, Singapore, and India, Asia Pacific is projected to be the most lucrative market by 2020. In 2013, the Asia Pacific non-alcoholic drinks market stood at US$332.22 bn and is projected to exhibit a steady CAGR of 6.80% from 2014 to 2020. Rest of the World is predicted to experience promising growth opportunities in the near future.

The global non-alcoholic drinks market is dominated by a few leading companies. Some of the key companies operating in the market are A.G. Barr, plc., Nestle S.A. (Switzerland), Dr. Pepper Snapple Group Inc., Calcol Inc., PepsiCo Inc., Dydo Drinco, Inc., The Coca-Cola Company, Attitude Drinks, Inc., and Danone.

Key Segments of Global Non-Alcoholic Drinks Market

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
• Europe
• Asia Pacific
• Rest of the World

Introduction of New Products to Augment Growth of Non-alcoholic Drinks Market

Non-alcoholic drinks, also known by the name of virgin drinks, are beverages that comprise less than 0.5% alcoholic content in terms of volume. Some of the common non-alcoholic drinks are non-alcoholic wine and non-alcoholic beer. Apart from these, bottled water, juices, soft drinks, ready-to-drink coffee and tea, dairy drinks, and energy drinks are some of the widely consumed non-alcoholic drinks across the globe. In 2013, soft drinks accounted for the largest share in the non-alcoholic drinks market; however, the tea and coffee segment is anticipated to grow at a fast pace in the coming years.

According to a study by Transparency Market Research, in 2013, the global market for non-alcoholic drinks was worth US$135.2 bn and is estimated to reach a value of US$193.7 bn by the end of 2020, exhibiting a 4.30% CAGR between 2014 and 2020. In terms of volume, in 2013, the global market for non-alcoholic drinks stood at 912.77 bn liters and is projected to be 1,289.03 bn liters by the end of 2020, exhibiting a 4.90% CAGR between 2014 and 2020.

Growing Health Awareness to Hamper Growth of Non-alcoholic Drinks Market

The increasing disposable income in developing economies and changing consumer lifestyle are some of the major factors that are estimated to boost the demand for non-alcoholic drinks in the near future. In addition, the growing demand for a mix of energy, flavor, and hydration is expected to fuel the growth of the market. Moreover, the introduction of several no-sugar and no-preservative non-alcoholic drinks is estimated to drive the global market for non-alcoholic drinks.

Nevertheless, growing health awareness among the population is estimated to curb the growth of the market in the coming years, due to the increasing awareness about the ill effects of overconsumption of sugar. However, the increasing participation of players is expected to fuel the growth of the market in the near future.

Asia Pacific Non-alcoholic Drinks Market to Witness Rapid Growth due to Increasing Disposable Income

Among the major regions, North America and Europe are facing a major concern over the growing prevalence of obesity, which is directly related to the increased consumption of artificially sweetened and sugary drinks. As a result, several non-alcoholic drinks have been introduced in the market to offer low-calorie and no-sugar drinks to the consumers. On the other hand, the Asia Pacific market is predicted to register a high growth rate in the coming years owing to the growing disposable income of consumers and rapid urbanization in this region.

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The growing demand for non-alcoholic drinks has attracted several players to the global market for the same. Thus, in the next few years, many new players are projected to be a part of the non-alcoholic drinks market and offer new products in order to create a niche and attract consumers. Some of the prominent players leading the global market for non-alcoholic drinks are Dr. Pepper Snapple Group, Inc., Dydo Drinco, Inc., Attitude Drinks, Inc., Nestlé S.A., PepsiCo, Inc., LiveWire Ergogenics, Inc., A.G. Barr, plc., The Coca-Cola Company, Danone, and Calcol, Inc.

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Global Non-alcoholic Drinks Market Restrained by Rising Health Awareness among Consumers

The report is titled “Non-Alcoholic Drinks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” and is available on the company’s website for sale. The major factors said to benefit the global non-alcoholic drinks market include the rising disposable incomes in developing regions, changing consumer food and beverage preferences, and the introduction of numerous flavors and variants in the non-alcoholic beverages market.

Transparency Market Research has announced the publication of a market research report that examines the global market for non-alcoholic drinks and its crucial elements. The report gives an expansive overview of the market with the help of detailed quantitative as well as qualitative data pertaining to the past and present states of market elements, along with an analysis of the impact of the major growth drivers, challenges, and trends on the market’s future developmental aspects.

The report states that the global non-alcoholic beverages market, which had a valuation of US$1,435.25 bn in 2013, will expand at a 4.3% CAGR over the period between 2014 and 2020 and reach US$1,937.73 bn by 2020. In terms of volume, the market is expected to expand at a similar 4.9% CAGR, propelling the consumption of non-alcoholic beverages from 912.77 bn liters in 2013 to 1,289.03 bn liters by 2020.

However, the rising concerns regarding the health effects of artificially sweetened beverages will restrain the overall growth of the global non-alcoholic beverages market to a certain extent.The report segments the market on the basis of two criteria: product type and geography. On the basis of product type, the market has been segmented into soft drinks, dairy drinks, tea and coffee, bottled water, juice, and others. On the basis of geography, the market has been segmented into Europe, North America, Rest of the World, and Asia Pacific.

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Of the key product types studied, the segment of soft drinks led the market with a volume of 471.07 bn liters in 2013. The demand for soft drinks has especially seen a significant rise in emerging countries owing to the rising disposable incomes of the population in these regions. Over the forecast period, however, the segment of tea and coffee products is expected to expand at the fastest pace, an estimated 7.0% CAGR, over the report’s forecast period.

Of the key regional markets examined in the report, North America dominated the global market for non-alcoholic beverages. However, over the report’s forecast period, the market for non-alcoholic beverages in Asia Pacific is expected to expand at the fastest pace.

The report also presents a detailed analysis of the competitive landscape of the global non-alcoholic drinks market with the help of recent project feasibility analysis, SWOT analysis, finance-related details, and business profiles of some of the major vendors operating in the market. Recent developments and inputs from industry experts are also taken into consideration while giving insights into the competitive landscape of the market.

Some of the key vendors in the market profiled in the report are Nestlé S.A., Danone, The Coca-Cola Company, PepsiCo Inc., Calcol, Inc., Attitude Drinks, Inc., A.G.Barr, p.l.c., LiveWire Ergogenics, Inc., Dydo Drinco, Inc., and Dr Pepper Snapple Group, Inc.

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