Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Non-alcoholic Beverage Market to reach USD 1219.26 billion by 2028.

Global Non-alcoholic Beverage Market Size study, by by Product (Carbonated soft drinks, Bottled water) by Distribution Channel (Food service, Retail) and Regional Forecasts 2022-2028

Product Code: OIRFB-44848090
Publish Date: 23-05-2022
Page: 200

Global Non-alcoholic Beverage Market is valued approximately USD 833.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.6 % over the forecast period 2022-2028. A temperance drink, also known as an alcohol-free or non-alcoholic drink, is a form of an alcoholic drink that is created without alcohol or with the alcohol removed or reduced to virtually zero. The non-alcoholic drinks industry includes energy drinks, juices, soft drinks, coffee and tea, bottled water, and probiotics, among other beverages. After the Covid -19 scenario consumers’ interest has rapidly shifted towards nonalcoholic and healthier drinks . The shift of consumers towards non-alcohol drinks and beverages has led to innovation for a whole new segment of premium, complex-tasting soft drinks complimenting adult taste . This shift is the major driving force behind the rapid growth of the market. Also, the big brands are introducing themselves in categories, such as bottled water, low-carb drinks, craft, and flavored mocktails options, hence enhance the growth of the market. The harmful effects of alcohol are not hidden from the society. It is found to be the major cause of several cardiovascular and neurological disorders. According to a study by WHO , Worldwide, 3 million deaths every year result from harmful use of alcohol, this represent 5.3 % of all deaths. Also Alcohol consumption causes death and disability relatively early in life. In the age group 20–39 years approximately 13.5 % of the total deaths are alcohol-attributable. Manufacturers in the market are responding to new trends and innovating the present product portfolio, which is likely to augur well for future growth, as consumers’ acceptance of the no-alcohol and low-alcohol categories grows.
However, increase in awareness of obesity due to beverages with large amounts of sweeteners and introduction of tax on soft drink segments impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Non-alcoholic Beverage Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific accounted for the largest market share due to the presence of numerous undeveloped markets, a large population, and rising disposable income. The market is likely to be driven by rising demand for various alcohol-free beverages in these regions. Make in India, 100% FDI in food, and the One Belt One Road (OBOR) Initiative are all enticing new entrants to Asia Pacific to set up manufacturing and distribution facilities. Furthermore, because to the existence of developed economies and early adoption of soda goods, North America was the fastest expanding market for this industry in 2021. Many globally known beverage makers, such as PepsiCo and the Coca-Cola Company, are based in the region, which is led by the United States.

Major market player included in this report are:
Keurig Dr. Pepper, Inc
The Coca Cola Company
Cott Corporation
Danone S.A.
Suntory Beverage and Food Ltd.
Asahi group holdings, Ltd.
Red Bull
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Carbonated Soft Drinks
Bottled Water
By Distribution Channel:
Food Service
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Non-alcoholic Beverage Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Non-alcoholic Beverage Market, by Region, 2020-2028 (USD Billion)
1.2.2. Non-alcoholic Beverage Market, by Product, 2020-2028 (USD Billion)
1.2.3. Non-alcoholic Beverage Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Non-alcoholic Beverage Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Non-alcoholic Beverage Market Dynamics
3.1. Non-alcoholic Beverage Market Impact Analysis (2020-2028)
3.1.1. Market Drivers The shift of consumers towards non-alcohol drinks and beverages because of health concerns Rising awareness about disadvantages of alcohol
3.1.2. Market Challenges Large number of sweeteners in these Beverage and rising awareness about obesity
3.1.3. Market Opportunities Catering to the new trends Innovating the current product portfolio

Chapter 4. Global Non-alcoholic Beverage Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Non-alcoholic Beverage Market, by Product
6.1. Market Snapshot
6.2. Global Non-alcoholic Beverage Market by Product, Performance – Potential Analysis
6.3. Global Non-alcoholic Beverage Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Non-alcoholic Beverage Market, Sub Segment Analysis
6.4.1. Carbonated soft drinks
6.4.2. Bottled Water
Chapter 7. Global Non-alcoholic Beverage Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Non-alcoholic Beverage Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Non-alcoholic Beverage Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Billion)
7.4. Non-alcoholic Beverage Market, Sub Segment Analysis
7.4.1. Food Service
7.4.2. Retail
Chapter 8. Global Non-alcoholic Beverage Market, Regional Analysis
8.1. Non-alcoholic Beverage Market, Regional Market Snapshot
8.2. North America Non-alcoholic Beverage Market
8.2.1. U.S. Non-alcoholic Beverage Market Product breakdown estimates & forecasts, 2018-2028 Distribution Channel breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Non-alcoholic Beverage Market
8.3. Europe Non-alcoholic Beverage Market Snapshot
8.3.1. U.K. Non-alcoholic Beverage Market
8.3.2. Germany Non-alcoholic Beverage Market
8.3.3. France Non-alcoholic Beverage Market
8.3.4. Spain Non-alcoholic Beverage Market
8.3.5. Italy Non-alcoholic Beverage Market
8.3.6. Rest of Europe Non-alcoholic Beverage Market
8.4. Asia-Pacific Non-alcoholic Beverage Market Snapshot
8.4.1. China Non-alcoholic Beverage Market
8.4.2. India Non-alcoholic Beverage Market
8.4.3. Japan Non-alcoholic Beverage Market
8.4.4. Australia Non-alcoholic Beverage Market
8.4.5. South Korea Non-alcoholic Beverage Market
8.4.6. Rest of Asia Pacific Non-alcoholic Beverage Market
8.5. Latin America Non-alcoholic Beverage Market Snapshot
8.5.1. Brazil Non-alcoholic Beverage Market
8.5.2. Mexico Non-alcoholic Beverage Market
8.6. Rest of The World Non-alcoholic Beverage Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Nestle Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Pepsico
9.2.3. Unilever
9.2.4. Keurig Dr. Pepper , Inc.
9.2.5. The Coca Cola Company
9.2.6. Cott Corporation
9.2.7. Danone S.A
9.2.8. Suntory BeverageBeverage and Food Ltd.
9.2.9. Asahi Group Holdings Ltd.
9.2.10. Red Bull
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now