Non-Alcoholic Drinks Market Is Expected to Reach Usd 1,937.73 Bn by 2020, Growing at a Cagr of 4.3% from 2014 to 2020

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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Rising Health Awareness to Create Growth Opportunities for

Global Non-Alcoholic Drinks Market, says TMR

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Non-Alcoholic Drinks Market

REPORT DESCRIPTION

The beverages that contain less than 0.5% of alcohol by volume are called non-alcoholic drinks. The nonalcoholic drinks also include non-alcoholic beer and wine. The non-alcoholic drinks market includes soft

drinks, juices, ready-to-drink tea and coffee, bottled water, and energy drinks among others. Increasing

demand for non-alcoholic beverages is one of the major factors fueling the demand for non-alcoholic

drinks. Apart from this, changing customer lifestyle along with increasing per capita income is also

expected to boost the demand for non-alcoholic drinks. However, increasing health awareness is one of the

major restraining factors for the non-alcoholic drinks market.

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Soft drink is the largest product segment valued at 471.07 billion liters in 2013. However, tea and coffee

segment is expected to be the fastest growing market growing at a CAGR of 7.0% from 2014 to 2020.

Increasing amount of disposable income owing to rapid industrialization is one of the major factors fueling

the demand for soft drinks. However, Asia Pacific is also one of the major markets for non-alcoholic drinks.

The non-alcoholic drinks market in Asia Pacific was valued at USD 332.22 billion in 2013 and is expected to

be fastest growing market for non-alcoholic drinks. Asia...