1. What is the projected Compound Annual Growth Rate (CAGR) of the Non-Alcoholic RTD Beverages Market ?
The projected CAGR is approximately 5.66%.
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Non-Alcoholic RTD Beverages Market Non-Alcoholic RTD Beverages Market by Product Type (Fermented Beverages [Dairy-based Beverages, Others], Non-Fermented Beverages [Fruit, Vegetable Juices, Dairy Beverages, Sports, Energy Drinks, Functional Water, Carbonated Soft Drinks, Others]), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Others), by Forecast 2026-2034
The Non-Alcoholic RTD Beverages Market size was valued at USD 702.89 USD Billion in 2023 and is projected to reach USD 1033.38 USD Billion by 2032, exhibiting a CAGR of 5.66 % during the forecast period Codex Alimentarius classifies non -alcoholic beverages into waters and carbonated waters fruits and vegetables juices and nectars water based floured carbonated and non-carbonated drinks and water based brewed or steeped beverages such as coffee and tea at present there are no dex standards for soft drinks and non-acholic Beverages. The non-alcolic beverages industry is comprised of companies involved in the production and sales of drinking product not containing at products not containing alcohol the breadth of this segment span from bottle water coffee and tea to soft and energy drinks juices and other products.
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Product Type:
Distribution Channel:
The study provides comprehensive coverage of the global non-alcoholic RTD beverages market, encompassing:
The Asia Pacific region is expected to dominate the global market throughout the forecast period, driven by the growing popularity of non-alcoholic beverages and the increasing purchasing power of consumers. North America and Europe are also expected to contribute significantly to market growth, due to rising health consciousness and the availability of a wide range of product offerings.
Consumers are increasingly seeking healthy and convenient beverage options that align with their lifestyle and health goals.
Some key DROCs (Drivers, Restraints, Opportunities, Challenges) in the non-alcoholic RTD beverages market are:
Drivers:
Restraints:
Strengths:
Weaknesses:
Opportunities:
Threats:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.66% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.66%.
Key companies in the market include PepsiCo Inc. (U.S.), The Coca-Cola Company (U.S.), Nestle S.A. (Switzerland), Danone S.A. (France), Red Bull GmbH (Austria), Suntory Holdings Limited (Japan), Keurig Dr Pepper Inc. (U.S.), Asahi Group Holdings Ltd. (Japan), Reed’s, Inc. (U.S.), Monster Beverage Corp (U.S.).
The market segments include Product Type, Distribution Channel.
The market size is estimated to be USD 702.89 USD Billion as of 2022.
Expansion of International Brands in Saudi Arabia to Fuel Market Growth.
Rising Popularity of Veganism to Fuel Market Growth.
High Sugar Content in Fruit Juices. Energy Drinks. and Other Non-alcoholic RTD Beverages to Impede Market Growth.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in Million Kg.
Yes, the market keyword associated with the report is "Non-Alcoholic RTD Beverages Market ," which aids in identifying and referencing the specific market segment covered.
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