Non-Alcoholic Drinks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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Non-Alcoholic Drinks Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2020

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08-01-2015

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Rapid Industrialization to Lead Asia Pacific to Witness Highest

Growth in Global Non-alcoholic Drinks Market

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Non-Alcoholic Drinks Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has published a new report, titled “Non-Alcoholic Drinks Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. TMR states that the

global non-alcoholic drinks market stood at US$1435.25 billion in 2013 and is expected to grow to

US$1937.73 billion by 2020, displaying a 4.3% CAGR between 2014 and 2020. By volume, the global nonalcoholic drinks market will reach 1289.03 billion liters by 2020, increasing from 912.77 billion liters in

2013 at a CAGR of 4.9% from 2014 to 2020.Changing customer food and beverage preferences due to

globalization, altering needs, and introduction of new product variants and flavors are the prime factors

driving the global non-alcoholic drinks market.

With emerging business utilities in construction, power, and automotive sectors in developing countries,

GDP is expected to strengthen, thus increasing the disposable income in these regions. Growing disposable

income in developing economies will boost demand for convenience foods and drinks, influencing demand

for non-alcoholic drinks in the coming years.However, rising health awareness regarding long-term health

implications of excess consumption of sugary and artificially sweetened drinks will impact growth of the

non-alcoholic drinks market. North America leads the global non-alcoholic drinks market, followed by Asia

Pacific....