Global Non-alcoholic Drink Market Report 2025 size is estimated to reach USD 1.6 trillion, by 2025, and is projected to grow at a CAGR of 5.3% from 2019 to 2025, according to a new report by Million Insights. The increase in demand for non-alcoholic drinks has contributed to harmful effects of alcoholic drinks. Moreover, the growing demand for the nutritional beverages is expected to boost the market growth in the next few years.
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Market Synopsis of Non-alcoholic Drink Market:
Functional drinks segment is projected to grow at a CAGR of over 6.0% over the forecast period. The shifting diet patterns especially among younger adults owing to its health benefits is expected to boost the demand for non-alcoholic beverages. Moreover, these drinks are enriched with calcium and other vital nutrients that help to improve bones strength, and gut health.
In 2018, the North American dominated the market with a share of over 34.0% in the overall market. The companies are also focusing on strategic initiatives such as acquisitions, and product launches to meet the changing consumer demands. These new products include less sugar, low calorie, and natural elements. All these factors are expected to boost non-alcoholic drinks market growth.
For instance, in 2019, the Coca-Cola company introduced different cocktails under sparkling drinks in the U.S. market. These products come with flavors such as Sangria, Bellini Spritz, and Ginger Mule. The company has launched these products as an option for alcoholic drinks.
Major players include PepsiCo, Inc.; Nestle S.A.; The Coca-Cola Company; Starbucks Corporation; Danone S.A.; Parle Agro and Unilever.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-non-alcoholic-drinks-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Non-alcoholic Drink: Market Variables, Trends & Scope
Chapter 4 Non-alcoholic Drink: Product Estimates & Trend Analysis
Chapter 5 Non-alcoholic Drink: Application Estimates & Trend Analysis
Chapter 6 Non-alcoholic Drink: End-use Estimates & Trend Analysis
Chapter 7 Non-alcoholic Drink: Industrial End-use Estimates & Trend Analysis
Chapter 8 Non-alcoholic Drink: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Non-alcoholic Drink: Manufacturers Company Profiles
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