GITNUX MARKETDATA REPORT 2024

Non Alcoholic Beverage Industry Statistics

The non-alcoholic beverage industry is a rapidly growing sector with increasing demand for healthier alternatives to traditional sugary drinks.

In this post, we explore key statistics and trends shaping the non-alcoholic beverage industry. From the soaring market values to the dominant segments and evolving consumer preferences, the industry is witnessing dynamic shifts globally. Stay tuned to uncover the latest insights driving innovation and growth in this thriving sector.

Statistic 1

"The UK non-alcoholic beverage market was valued at around £16 billion in 2021."

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Statistic 2

"The juice segment dominates the non-alcoholic beverage market in Middle Eastern countries."

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Statistic 3

"Single-serve packaging for non-alcoholic beverages is projected to grow significantly, driven by on-the-go consumption trends."

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Statistic 4

"The global market for fruit and vegetable juices is forecast to reach $257.17 billion by 2025."

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Statistic 5

"In 2019, soft drinks accounted for over 50% of the non-alcoholic beverage market in the US."

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Statistic 6

"The Asia-Pacific region is projected to witness the highest growth rate in the non-alcoholic beverage market."

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Statistic 7

"The demand for organic beverages is increasing, growing at an annual rate of 10.3%."

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Statistic 8

"The global milk alternatives market size was valued at $20.5 billion in 2020."

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Statistic 9

"Global sales of non-alcoholic beverages reached approximately $1.2 trillion in 2021."

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Statistic 10

"Plant-based beverages are seeing a growth of 9.6% annually due to increasing health consciousness among consumers."

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Statistic 11

"Ready-to-drink tea and coffee markets are expected to grow at a rate of 5.6% annually from 2022 to 2027."

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Statistic 12

"The average American consumes about 38.87 gallons of bottled water per year."

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Statistic 13

"Asia Pacific's functional beverage market is growing the fastest, estimated at a CAGR of 9.5%."

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Statistic 14

"Non-alcoholic beer and wine markets are growing at a CAGR of 8% from 2021 to 2028."

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Statistic 15

"Bottled water is the largest segment within the non-alcoholic beverage industry, with a market share of over 30%."

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Statistic 16

"Functional beverages, which include energy, sports, and probiotic drinks, provide health benefits and account for approximately 20% of the market."

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Statistic 17

"By 2023, 44% of U.S. consumers are expected to increase their consumption of low and no sugar beverages."

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Statistic 18

"The global energy drinks market is expected to grow at a CAGR of 7% from 2020 to 2027."

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Statistic 19

"Coca-Cola and PepsiCo hold a combined market share of approximately 70% in the US non-alcoholic beverage market."

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Statistic 20

"The United States non-alcoholic beverage market was valued at around $208 billion in 2020."

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In conclusion, the non-alcoholic beverage industry is thriving worldwide, with significant growth opportunities in various segments such as juice, single-serve packaging, milk alternatives, and plant-based beverages. The market is driven by evolving consumer preferences towards healthier and more convenient drink options. Regions like Asia-Pacific are witnessing rapid growth, while trends such as organic beverages, functional drinks, and low-sugar options are gaining popularity. Major players like Coca-Cola and PepsiCo continue to dominate the market, contributing to the industry’s overall market value, which is projected to further increase in the coming years.

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