The global Non-alcoholic Drink Market size is estimated to reach USD 1.6 trillion, by 2025, and is projected to grow at a CAGR of 5.3% from 2019 to 2025, according to a new report by Million Insights. The increase in demand for non-alcoholic drinks has contributed to harmful effects of alcoholic drinks. Moreover, the growing demand for the nutritional beverages is expected to boost the market growth in the next few years.
Non-alcoholic Drinks Market Size, Growth
Opportunities and Supply Chain Analysis till
2025
“The increase in demand for non-alcoholic drinks has contributed to harmful effects of alcoholic drinks.
Moreover, the growing demand for the nutritional beverages is expected to boost the market growth in the
next few years.”
The global Non-alcoholic Drink Market size is estimated to reach USD 1.6 trillion, by 2025, and is projected to grow
at a CAGR of 5.3% from 2019 to 2025, according to a new report by Million Insights. The increase in demand for non-
alcoholic drinks has contributed to harmful effects of alcoholic drinks. Moreover, the growing demand for the
nutritional beverages is expected to boost the market growth in the next few years.
Functional drinks segment is projected to grow at a CAGR of over 6.0% over the forecast period. The shifting diet
patterns especially among younger adults owing to its health benefits is expected to boost the demand for non-
alcoholic beverages. Moreover, these drinks are enriched with calcium and other vital nutrients that help to improve
bones strength, and gut health.
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https://www.millioninsights.com/industry-reports/global-non-alcoholic-drinks-market
In 2018, the North American dominated the market with a share of over 34.0% in the overall market. The companies
are also focusing on strategic initiatives such as acquisitions, and product launches to meet the changing consumer
demands. These new products include less sugar, low calorie, and natural elements. All these factors are expected to
boost non-alcoholic drinks market growth.
For instance, in 2019, the Coca-Cola company introduced different cocktails under sparkling drinks in the U.S. market.
These products come with flavors such as Sangria, Bellini Spritz, and Ginger Mule. The company has launched these
products as an option for alcoholic drinks.
Major players include PepsiCo, Inc.; Nestle S.A.; The Coca-Cola Company; Starbucks Corporation;