Introduction of New Products to Augment Growth of Non-Alcoholic Drinks Market

Transparency Market

Research

Non-Alcoholic Drinks Market - Global Industry Analysis,

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

Published Date

08-01-2015

147 Page Report

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Global Non-alcoholic Drinks Market to Benefit from Rising

Disposable Incomes in Developing Regions

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Non-Alcoholic Drinks Market

REPORT DESCRIPTION

Non-alcoholic drinks, also known by the name of virgin drinks, are beverages that comprise less than 0.5%

alcoholic content in terms of volume. Some of the common non-alcoholic drinks are non-alcoholic wine and

non-alcoholic beer. Apart from these, bottled water, juices, soft drinks, ready-to-drink coffee and tea, dairy

drinks, and energy drinks are some of the widely consumed non-alcoholic drinks across the globe. In 2013,

soft drinks accounted for the largest share in the non-alcoholic drinks market; however, the tea and coffee

segment is anticipated to grow at a fast pace in the coming years.

According to a study by Transparency Market Research, in 2013, the global market for non-alcoholic drinks

was worth US$135.2 bn and is estimated to reach a value of US$193.7 bn by the end of 2020, exhibiting a

4.30% CAGR between 2014 and 2020. In terms of volume, in 2013, the global market for non-alcoholic

drinks stood at 912.77 bn liters and is projected to be 1,289.03 bn liters by the end of 2020, exhibiting a

4.90% CAGR between 2014 and 2020.

Growing Health Awareness to Hamper Growth of Non-alcoholic Drinks Market

The increasing disposable income in developing economies and changing consumer lifestyle are some

the major factors that are estimated to boost the demand for non-alcoholic drinks in the near future.

addition, the growing demand for a mix of energy, flavor, and hydration is...