Market Overview

Global Non-Alcoholic Beverage Market is Projected to Reach $1,189 Billion by 2023 - ResearchAndMarkets.com

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The "Global
Non - Alcoholic Beverage Market - Growth, Trends, and Forecast (2018 -
2023)"
report has been added to ResearchAndMarkets.com's
offering.

The global non-alcoholic beverage market is recording a CAGR of 4.7%
during 2018-2023. It is estimated to generate a revenue of USD 1189.10
billion in 2023.

The Asia-Pacific region is displaying the highest growth among all other
regions, owing to the increased availability of packaged cola drink
based products in the remote regions. The innovative marketing
strategies being introduced by major vendors is also driving the market
growth.

Health and wellness awareness is a trend which has significantly
impacted the food and beverage industry in recent years. Not only does
the increased focus on health and wellness cause consumers to make
replacement choices (replacing "bad-for-you" beverages with
"good-for-you/healthy" choices), but it also creates new purchasing
occasions through preventative/functional beverages and meal
replacements.

Consumers are increasingly looking to beverages to play new roles in
their diets and health routines. Drinkable breakfasts and beverages as
snacks are fueled by consumer interest in nutrition and performance
drinks that act as meal replacements and guilt-free snacks.

Non-alcoholic Industry leaders should expect consumers in 2018 to demand
beverages that are of improved quality and innovative, whether for
refreshment, satiety, energy, immunity boosting, sleep aid, blood sugar
management, or a host of other functional benefits now associated with
these multifunctional power beverages.

The global energy & sports drinks market is expected to reach USD 95.52
billion by 2023 with a CAGR 5.2% over the forecast period. The promise
of a convenient, on-the-go caffeinated beverage, along with more flavor
choices and natural ingredients, continues to drive the energy drinks
market.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. List of Company Profiles

  • Attitude Drinks
  • Berry Blendz
  • Biotta Inc.
  • Kraft Foods
  • Coca Cola Company
  • California Concentrate Company
  • Cutrale Citrus Juices USA Inc.
  • Dr. Pepper Snapple Group
  • Danone
  • David Berryman Limited

For more information about this report visit https://www.researchandmarkets.com/research/hng3x5/global?w=4

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