The global non-alcoholic beverage market is anticipated to grow at a significant CAGR during the forecast period. The key factors driving the growth of the global non-alcoholic beverage market include the rising disposable income and growing health-related concerns towards alcoholic beverages. In addition to this, the changing consumer preference towards innovative flavors such as fusion of flavors or tropical fruits from the standard fruit flavors is anticipated to drive the market growth. Moreover, concerns regarding the high sugar content in carbonated beverages are urging people to shift towards healthy non-alcoholic beverages.
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The COVID-19 pandemic has negatively impacted the global non-alcoholic beverage market, as the downfall in sales and consumption of non-alcoholic beverages was seen. The supply chain got disrupted and also the retailers selling the beverages were closed during the lockdown, imposed owing to the COVID-19 pandemic. In addition to this, many sports events promoting non-alcoholic beverages were cancelled, which impacted the sales of non-alcoholic beverages. In addition, the closed down of restaurants, hotels, cafes, and tourism has negatively impacted the industry.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Non-Alcoholic Beverage Market- Segmentation
By Type
- Carbonated Beverage
- Non-Carbonated Beverage
By Beverage
- Soft Drink
- Packaged Water
- Iced/RTD Tea & Coffee
- Fruit Beverages
- Energy Drinks
- Dairy Beverage
By Packaging
- Metal
- Glass Bottle
- PET
- Others
Regional Outlook
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
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