The Latest Non Alcoholic Beverage Industry Statistics Explained
The global non-alcoholic beverage market size was valued at USD 967.3 billion in 2016.
The statistic indicates that the total value of the global non-alcoholic beverage market was estimated to be USD 967.3 billion in 2016. This figure represents the total revenue generated by the sales of non-alcoholic beverages worldwide, encompassing a wide range of products such as soft drinks, bottled water, juices, energy drinks, and ready-to-drink coffee and tea. The sizeable market value highlights the significant scale and importance of the non-alcoholic beverage industry on a global scale, reflecting the consumption patterns and preferences of consumers around the world for these types of beverages. This statistic serves as a key indicator of the economic significance and impact of the non-alcoholic beverage market within the broader food and beverage sector.
The industry is expected to reach a valuation of around 1.60 trillion by 2025.
This statistic indicates a projected increase in the valuation of the industry, estimated to reach approximately 1.60 trillion by the year 2025. This forecast highlights expected growth and expansion within the industry over the next few years. Such a substantial valuation would likely demonstrate increased economic activity, market demand, and overall prosperity within the industry. This statistic could be a key driver for investors, policymakers, and stakeholders to make informed decisions and strategic plans to leverage the anticipated growth opportunities in the industry.
Asia-Pacific non-alcoholic beverages market is projected to grow at the highest CAGR during 2020-2025.
The statistic “Asia-Pacific non-alcoholic beverages market is projected to grow at the highest CAGR during 2020-2025” indicates that the market for non-alcoholic beverages in the Asia-Pacific region is expected to experience the highest Compound Annual Growth Rate (CAGR) over the period from 2020 to 2025 compared to other regions globally. This suggests that there is a growing demand for non-alcoholic beverages in countries across the Asia-Pacific region and that the market is likely to expand rapidly during these five years. Factors such as changing consumer preferences, increasing disposable income, and a shift towards healthier beverage options may be driving this projected growth in the market for non-alcoholic beverages in the Asia-Pacific region.
The bottled water segment alone is expected to reach $307 billion by 2025.
The statistic “The bottled water segment alone is expected to reach $307 billion by 2025” signifies a significant projected increase in the market size and value of bottled water products in the upcoming years. This estimate suggests a growing consumer demand for bottled water globally, leading to a considerable expansion of the industry. Factors contributing to this growth could include changing consumption patterns, increasing health consciousness, higher disposable incomes, and improvements in distribution channels. The statistic underscores the economic importance and potential profitability of the bottled water industry, highlighting opportunities for businesses operating within this sector to capitalize on the projected market expansion.
The sparkling water market size was valued at USD 27.9 billion in 2019.
The statistic “The sparkling water market size was valued at USD 27.9 billion in 2019” indicates the total market value of sparkling water sales in 2019 was estimated to be USD 27.9 billion. This figure reflects the economic significance and consumer demand for sparkling water products during that year. The market size value serves as an important indicator for industry performance, growth potential, and overall market trends. It also provides insights into the competitive landscape, market share, and potential investment opportunities within the sparkling water sector.
The Cocoa and Chocolate segment accounted for the non-alcoholic beverages market’s largest share in 2019.
In 2019, the Cocoa and Chocolate segment held the largest proportion of the non-alcoholic beverages market, indicating that this specific category of products was the most significant in terms of sales or consumption within the industry. This statistic suggests that cocoa and chocolate-based beverages, such as hot chocolate, chocolate milk, and cocoa drinks, were highly popular with consumers and had a competitive edge over other non-alcoholic beverage categories. The dominance of this segment highlights the importance of cocoa and chocolate products in the market and signifies their widespread appeal among consumers.
The functional beverage market sector is predicted to expand at a CAGR of 8.66% till 2024.
This statistic indicates that the functional beverage market sector is expected to experience a compound annual growth rate (CAGR) of 8.66% from its current year until the year 2024. This projection suggests that the market for functional beverages, which are formulated to offer health benefits beyond traditional hydration, is poised for significant growth over the forecast period. A high CAGR signifies a sustained and relatively rapid pace of expansion in the market, likely driven by increasing consumer interest in health and wellness products. This growth rate also suggests potential opportunities for businesses operating within the functional beverage sector to capitalize on growing consumer demand and establish themselves as key players in this rapidly evolving market.
The overall compound annual growth rate (CAGR) of the non-alcoholic beverage industry is estimated to be 5.8% from 2020 to 2027.
The overall compound annual growth rate (CAGR) of the non-alcoholic beverage industry at 5.8% from 2020 to 2027 represents the average annual growth rate over this eight-year period, taking into account the effect of compounding. This statistic indicates that the non-alcoholic beverage industry is projected to grow steadily at a rate of 5.8% per year, showing a positive trend in the market. This growth rate suggests that the industry is likely to expand significantly over the specified time frame, reflecting increasing consumer demand and potentially opening up new opportunities for investment, market expansion, and innovation within the sector.
The juice concentration market size is projected to reach USD 93.94 billion by 2021.
The statistic “The juice concentration market size is projected to reach USD 93.94 billion by 2021” indicates that the total value of the market for juice concentration products is estimated to increase to $93.94 billion by the year 2021. This projection suggests a significant growth in the demand for juice concentrates, likely driven by factors such as changing consumer preferences, increasing health consciousness, and the convenience of concentrated juice products. This statistic is crucial for companies operating in the juice concentrate industry as it provides valuable insights into the potential market opportunities and can help guide strategic decision-making and resource allocation to capitalize on the projected growth in this market segment.
Latin America non-alcoholic beverages market is anticipated to grow at a CAGR of 4.2% from 2018 to 2023.
This statistic suggests that the Latin America non-alcoholic beverages market is projected to experience a Compound Annual Growth Rate (CAGR) of 4.2% over the period from 2018 to 2023. A CAGR is a measure of the annual growth rate of an investment or market over a specified time period, assuming the growth happens steadily over the period. In this context, the 4.2% CAGR indicates that the market is expected to expand steadily at that rate each year from 2018 to 2023. This growth rate could be driven by various factors such as changing consumer preferences, increasing health consciousness, new product innovations, and expanding distribution channels in the Latin American region.
The global health drink market size was valued at $16.83 billion in 2019.
The statistic indicates that the total market value of health drinks worldwide was $16.83 billion in 2019. This figure represents the combined revenue generated from the sale of various health drinks such as functional beverages, organic juices, and other wellness-oriented drinks on a global scale during that particular year. The market size reflects the significant demand and consumption of health drinks by consumers seeking to improve their well-being and overall health. This statistic provides valuable insights into the size and growth potential of the health drink industry, highlighting its importance in the global beverage market.
Non-alcoholic beverages in Africa are expected to grow at a CAGR of 3.8% between 2020-2025.
The statistic indicates that the non-alcoholic beverages industry in Africa is projected to exhibit a Compound Annual Growth Rate (CAGR) of 3.8% over the period spanning from 2020 to 2025. This growth rate suggests a steady and positive trend in the consumption and production of non-alcoholic beverages across the African region. Factors such as changing consumer preferences, increasing health consciousness, and population growth may contribute to this projected growth. Businesses operating in the non-alcoholic beverages sector can use this statistic to make informed decisions regarding investments, marketing strategies, and product development to capitalize on the anticipated growth opportunities in the African market.
The global non-alcoholic beer market was valued at $17.5 billion in 2020.
The statistic that the global non-alcoholic beer market was valued at $17.5 billion in 2020 indicates the monetary worth of non-alcoholic beer sales worldwide during that year. This figure represents the total revenue generated by the non-alcoholic beer industry, which includes the production, distribution, and sales of non-alcoholic beer products. The market value of $17.5 billion reflects the growing popularity and consumer demand for non-alcoholic beer, driven by various factors such as changing consumer preferences towards healthier lifestyles, increased awareness of the negative effects of alcohol consumption, and the introduction of a wider range of high-quality non-alcoholic beer options by breweries. This statistic highlights the significant size and economic impact of the non-alcoholic beer market on the global beverage industry.
Non-alcoholic wine is expected to reach a CAGR of 14% for 2019-2024 period.
This statistic indicates that the non-alcoholic wine segment is forecasted to experience a Compound Annual Growth Rate (CAGR) of 14% over the period from 2019 to 2024. A CAGR of 14% suggests a strong and consistent growth trajectory in the market for non-alcoholic wine products. This growth rate indicates that consumer demand for non-alcoholic wine is on the rise, potentially driven by health-conscious lifestyles, changing consumer preferences, and increasing availability of high-quality non-alcoholic options. It is a positive indicator for the non-alcoholic wine industry, signaling opportunities for market expansion, innovation, and competition within this segment.
Fruit-based beverages are expected to rise at a CAGR of 4.8% from 2021 to 2028.
The statistic that fruit-based beverages are expected to rise at a Compound Annual Growth Rate (CAGR) of 4.8% from 2021 to 2028 indicates a projected average annual growth rate for this specific industry segment over the specified time frame. The CAGR of 4.8% suggests that the fruit-based beverage market is anticipated to experience steady and consistent growth over the next seven years. This statistic is insightful for investors, market analysts, and industry stakeholders as it provides a valuable estimate of the expected increase in demand and revenue potential for fruit-based beverages, which can help in strategic decision-making, forecasting, and identifying market opportunities within the sector.
By 2025, the non-alcoholic spirits market is expected to reach $2.6 billion.
The statistic that by 2025, the non-alcoholic spirits market is projected to reach $2.6 billion indicates a significant anticipated growth trajectory for this market segment. This projected value represents the estimated total revenue generated by sales of non-alcoholic spirits by the year 2025. The figure suggests a growing consumer interest and demand for alcohol-free alternatives within the spirits industry, potentially driven by shifting consumption trends towards healthier lifestyles, increased awareness of the impacts of alcohol consumption, and a rise in the availability of high-quality non-alcoholic options. This statistic provides valuable insights for businesses and investors looking to capitalize on the expanding market for non-alcoholic spirits in the coming years.
The dairy-based beverages market is projected to reach USD 33.6 billion by 2024.
The statistic “The dairy-based beverages market is projected to reach USD 33.6 billion by 2024” indicates the estimated value of the dairy-based beverages market within the given timeframe. This projection suggests a significant growth in the market as compared to its current value, reflecting potential opportunities and increasing demand for dairy-based beverages in the coming years. The figure serves as a critical data point for various stakeholders, including companies, investors, and policymakers, to understand the market’s potential size and make informed decisions based on future trends and growth prospects.
By 2024, the global non-alcoholic wine and beer market is projected to hit $30 Billion.
The statistic indicates a projected market value for the global non-alcoholic wine and beer market by the year 2024, estimating that it will reach $30 billion. This suggests a considerable growth potential and increasing consumer demand for non-alcoholic alternatives in the wine and beer industry. Factors such as changing consumer preferences towards healthier lifestyle choices, alcohol moderation trends, and an expanding market for non-alcoholic beverages are likely to contribute to this projected growth. The figure provides valuable insight for businesses, policymakers, and investors in understanding the market trends and opportunities within the non-alcoholic wine and beer sector over the next few years.
References
0. – https://www.www.grandviewresearch.com
1. – https://www.www.mordorintelligence.com
2. – https://www.www.prnewswire.com
3. – https://www.www.globenewswire.com
4. – https://www.www.marketsandmarkets.com
5. – https://www.www.alliedmarketresearch.com
