GITNUX MARKETDATA REPORT 2024

Must-Know Beverage Industry Statistics [Current Data]

With sources from: statista.com, grandviewresearch.com, bottledwater.org, brewersassociation.org and many more

In this post, we will explore a comprehensive overview of the beverage industry, highlighting key statistics and insights that shape the market landscape. From the booming global alcohol beverages market to the rise of plant-based milk alternatives and the dominance of major players like Coca-Cola, we will delve into the diverse sectors and growth projections within the industry. Stay tuned to gain a deeper understanding of the current trends and future prospects in the ever-evolving world of beverages.

Statistic 1

"Coca-Cola holds the largest market share in the global soft drink market, accounting for about 43.7%."

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Statistic 2

"The global sports drink market was estimated to be valued at about USD 22.37 billion in 2019."

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Statistic 3

"In 2019, juice and juice drinks accounted for about 4% of the global beverage market."

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Statistic 4

"Craft beer sales in the United States reached USD 29.3 billion in 2019."

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Statistic 5

"The bottled water market in the United States was valued at approximately USD 18 billion in 2019."

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Statistic 6

"The global functional beverages market size was valued at USD 128.66 billion in 2019."

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Statistic 7

"The United States is the largest market for energy drinks, generating more than USD 14 billion in 2018."

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Statistic 8

"The global tea market was valued at USD 55.14 billion in 2019 and is projected to reach USD 68.95 billion by 2027."

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Statistic 9

"The sparkling water market in the U.S. experienced a growth rate of approximately 11.84% CAGR from 2019 to 2025."

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Statistic 10

"The global carbonated beverages market size was valued at USD 406.6 billion in 2019."

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Statistic 11

"In 2020, the North American market for plant-based beverages was valued at approximately USD 10 billion."

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Statistic 12

"The U.S. soft drink market was worth USD 253.7 billion in 2019."

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Statistic 13

"The global energy drinks market was worth USD 53.01 billion in 2019."

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Statistic 14

"The global beverage market is expected to grow at a CAGR of 3.1% from 2021 to 2028."

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Statistic 15

"The global alcoholic beverage market size was valued at USD 1,515 billion in 2019."

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Statistic 16

"Consumption of bottled water in the United States reached 14.4 billion gallons in 2019."

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Statistic 17

"The Asia-Pacific region accounts for the largest share of the global beverage market, driven by increasing urbanization."

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Statistic 18

"The global non-alcoholic beverages market size was valued at USD 919.13 billion in 2019."

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Statistic 19

"The coffee market was valued at USD 102.02 billion in 2019 globally."

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Statistic 20

"The global beverage market size was valued at USD 1.54 trillion in 2020."

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Interpretation

In conclusion, the beverage industry is poised for significant growth and evolution in the coming years, with various sectors witnessing notable expansions. The statistics reveal a dynamic landscape, with trends such as the rise of plant-based alternatives, growing demand for non-alcoholic beverages, and the increasing popularity of organic and functional drinks. Regions like Asia-Pacific and North America play pivotal roles in shaping the global market, while established players like Coca-Cola maintain a strong position in their respective segments. The industry's overall value and market size are set to surge, indicating ample opportunities for businesses and consumers alike to explore and embrace the diverse range of beverages on offer.

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