Non Alcoholic Beverages Market Summary
As per Market Research Future Analysis, the Global Non-Alcoholic Beverages Market was valued at 1,072.83 USD Billion in 2023 and is projected to reach 1,340.7 USD Billion by 2035, reflecting a CAGR of 1.88% from 2025 to 2035. The market is driven by increasing health awareness, a shift towards sustainable packaging, and the rise of on-the-go consumption. Major players are adapting to these trends by innovating product offerings and enhancing distribution channels.
Key Market Trends & Highlights
The Global Non-Alcoholic Beverages Market is influenced by several key trends.
- Health-conscious consumers are driving demand for low-sugar and functional beverages, with the market for functional drinks expected to grow from 200.0 USD Billion in 2024 to 240.0 USD Billion by 2035.
- Sustainable packaging initiatives are gaining traction, with companies like Coca-Cola committing to recyclable packaging by 2025.
- On-the-go consumption is increasing, with 60% of consumers prioritizing convenience in their beverage choices.
Market Size & Forecast
2023 Market Size | USD 1,072.83 Billion |
2024 Market Size | USD 1,092.89 Billion |
2035 Market Size | USD 1,340.7 Billion |
CAGR (2025-2035) | 1.88% |
Major Players
Coca Cola, PepsiCo, Nestle, Danone, Red Bull, Asahi Group Holdings, Britvic, Unilever, Keurig Dr Pepper, Monster Beverage.