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The non-alcoholic beverages industry is comprised of companies involved in the production and sales of drinking products not containing alcohol. The breadth of this segment spans from bottled water, to coffee and tea, to soft and energy drinks, juices and other products.
Some of the biggest trends in the industry follow the general trend in consumer goods products of an increased focus on health and wellness. In the non-alcoholic beverages sector this has expressed itself through functional beverages and fermented beverages. Both types of products aim to provide some benefits to the consumer beyond simple thirst quenching or flavor. Functional beverages often contain non-traditional ingredients such as raw fruit, vitamins, minerals, herbs, proteins, probiotics, and other artificial additives, while fermented products like kombucha market the naturally occurring health benefits of the product, often digestive health.
Worldwide non-alcoholic beverage market revenue from 2018 to 2029 (in trillion U.S. dollars)
Further details: Visit original statistic Worldwide non-alcoholic beverage market revenue from 2018 to 2029 (in trillion U.S. dollars)
The global non-alcoholic beverages market shrank to just over 1.1 trillion in 2020 due to the impact of the coronavirus outbreak. After that, it recovered quickly and is expected to peak at nearly 1.74 trillion U.S. dollars by 2027.
The United States were the biggest consumer of packaged beverages in the world in 2023, outpacing entire regions. In terms of brands, Coca-Cola had the greatest brand value in the non-alcoholic beverages market.
Consumption of packed beverages worldwide in 2023, by beverage type (in billion liters)
Further details: Visit original statistic Consumption of packed beverages worldwide in 2023, by beverage type (in billion liters)
Water was the most widely-consumed packaged beverage in the world in 2023, accounting for over 506 billion liters in consumption that year, surpassing both soft drinks and alcoholic beverages.
Bottled water's popularity can be attributed to both convenience and tap water safety. In developed nations, consumers choose bottled water primarily for taste and convenience, whereas in less developed nations, bottled water consumption may be a necessity due to the lack of potable tap water.
Revenue of the energy & sports drinks industry Worldwide 2018-2029 (in billion U.S. dollars)
Further details: Visit original statistic Revenue of the energy & sports drinks industry Worldwide 2018-2029 (in billion U.S. dollars)
Energy and sports drinks are one of the biggest trends in non-alcoholic beverages currently. Energy drinks contain caffeine and legal stimulants with sugar protein and other additives to boost your energy. Sports drinks are functional beverages containing carbohydrates minerals and electrolytes. They are designed to hydrate during exercise.
In 2023, global energy and sports drinks sales stood at 193 billion U.S. dollars and are expected to increase to 240 billion dollars in 2027.
Leading beverage companies worldwide in 2023, based on sales (in million U.S. dollars)
Further details: Visit original statistic Leading beverage companies worldwide in 2023, based on sales (in million U.S. dollars)
When it comes to manufacturers of non-alcoholic beverages, Nestlé headed the pack with global sales in excess of 45 billion U.S. dollars in 2022. The Coca-Cola Company followed closely with sales of 43 billion dollars.
Nestlé produces a wide range of consumer goods but in terms of non-alcoholic beverages, the firm offers products spanning from bottled water (like Nestlé Pure Life), to coffee and tea (Nescafé and Nestea), and dairy-based drinks (Carnation).
The non-alcoholic beverages industry is involved in the production and marketing of all beverages which are free from alcohol. This can range from products such as water, tea, and coffee to sweet drinks like soft drinks and juices. The industry provides not only ready-to-drink beverages but mixes and concentrates as well. One segment that all the biggest companies service is bottled water, which is the largest segment of the industry globally. Between convenience, taste preference, and sometimes no other source of potable water, the bottled water industry is a staple of the non-alcoholic beverages market.
The largest companies involved in the market operate in multiple sub-segments. Nestlé, the largest of such companies, has brands in water, coffee and tea, and dairy beverages. Other giants of the industry like PepsiCo and Coca-Cola likewise have products spanning the width of sub-segments.
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Mon - Fri, 9am - 6pm (EST)