Global Non-Alcoholic Drinks Market Size, Share, Growth, Trend & Forecast 2026

Report Description

The global non-alcoholic drinks market size was valued at USD927.50 billion in 2020 and is projected to grow at a CAGR of 5.72% during the forecast period to reach around USD1.28 trillion by 2026, on account of rising personal disposable income because of which people are shifting to healthier alternatives like fruit juices and energy drinks. Introducing a variety of innovative drinks in the market has led to the growth of the non-alcoholic drinks market. Moreover, many companies are seeking to provide offerings that satisfy the ever-growing consumer demand for both healthy and convenient options such as ready-to-drink (RTD) tea and coffee, herbal sparkling water, low-sugar smoothies, shakes, and juices. These rapid innovations led to an increase in the non-alcoholic drinks market.

Recent trend in the market shows that consumers are becoming more health conscious which is leading to an increase in the demand for nutritious drinks and low sugar non-alcoholic drinks due to which sports and energy drinks are expanding into the market. Consumers are shifting toward organic drinks that do not contain chemical ingredients. Drinks with all-natural ingredients, no artificial flavors and preservatives, natural pigments, fruit incorporations, and low carbohydrates increase the performance as well as energy of consumers throughout the day.

The global non-alcoholic drinks market was severely affected by the unexpected downfall in the sales due to the COVID-19 pandemic, which majorly affected the import-export of non-alcoholic drinks in the market. During the lockdown, the maximum volume of sale of non-alcoholic drinks is generated from fruit juice segment as it is healthier and boosts the immune system of people. Cancellation of the major events in sports like the World Cup 2020 and Olympics led to the downfall in sale of non-alcoholic drinks in the market.

The global non-alcoholic drinks market can be segregated into product type, distribution channels, and region. Regionally, the non-alcoholic drinks market has been segmented into Asia Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, South America is expected to grow at a rapid CAGR of over 6.00% during 2021E-2026F and is expected to be the fastest-growing region in the forecast period due to an increase in the sale of functional drinks, energy drinks, and flavored drinks. Owing to their health benefit properties, the drinks are popular and highly acceptable in the region.

The Coca-Cala Company, PepsiCo, Inc., Keurig Dr Pepper Inc., Suntory Beverage & Food Ltd., Nestlé S.A, Danone S.A., are few of the prominent players operating in the global non-alcoholic drinks market. Nestlé S.A is also the most active companies in terms of product launches and marketing of their products. The development of non-alcoholic drinks products, to enhance the product portfolio and to capture untapped markets, has driven the growth in the global non-alcoholic drinks market. Similarly, to increase their portfolio, in March 2020, PepsiCo, Inc. acquired Rockstar, Inc. energy drinks for USD3.85 billion. Owing to the changing tastes and preferences of consumers, there have been rapid developments in non-alcoholic drinks products by various market players.

Years considered for this report:

Historical Years: 2016-2020

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026.

Objective of the Study:

1. To analyze the historical growth in the market size of the global non-alcoholic drinks market from 2016 to 2020.

2. To estimate and forecast the market size of the global non-alcoholic drinks market from 2021 to 2026 and growth rate until 2026.

3. To classify and forecast the global non-alcoholic drinks market based on product type, distribution channel, company, and regional distribution.

4. To identify dominant region or segment in the global non-alcoholic drinks market.

5. To identify drivers and challenges for the global non-alcoholic drinks market.

6. To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global non-alcoholic drinks market.

7. To identify and analyze the profile of leading players operating in the global non-alcoholic drinks market.

8. To identify key sustainable strategies adopted by market players in the global non-alcoholic drinks market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global non-alcoholic drinks market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

· Non-alcoholic manufacturers, suppliers, distributors

· Market research and consulting firms

· Government bodies such as regulating authorities and policy makers.

· Organizations, forums, and alliances related to non-alcoholic drinks.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global non-alcoholic drinks market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Non-Alcoholic Drinks Market, By Product Type:

Carbonated Soft drinks

o Functional/Energy & Sports Drinks

o Fruit Juices & Flavored Drinks

o Bottled Water

o Others (Dairy-based Drinks, Tea & Coffee, Sodas, etc.)

Global Non-Alcoholic Drinks Market, By Distributional Channel:

Supermarkets/Hypermarket
Convenience Stores/Forecourt Retailers
Departmental Store
Online
Others (Grocery Stores, Independence store, etc.)

Global Non-Alcoholic Drinks Market, By Region:

North America

United States
Canada
Mexico

Europe

Germany
Spain
United Kingdom
Italy
France

Asia Pacific

China
India
Japan
South Korea
Australia

South America

Brazil
Argentina
Colombia

Middle East & Africa

Saudi Arabia
UAE
South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global non-Alcoholic drinks market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

· Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Non-Alcoholic Drinks Market

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Frequency of Usage & Purchase

4.3. Brand Awareness

4.4. Sources of Information Conferred

5. Executive Summary

6. Global Non-Alcoholic Drinks Market Outlook

6.1. Market Size and Forecast

6.1.1. By Value (USD Billion)

6.2. Market Share and Forecast

6.2.1. By Product Type (Bottled Water, Fruit Juices & Flavored Drinks, Carbonated Soft drinks, Functional/Energy & Sports Drinks, Others (Dairy-based Drinks, Sodas, etc.))

6.2.2. By Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online, Departmental Store and Others (Grocery Stores, Independence store, etc.))

6.2.3. By Region

6.2.4. By Company (2020)

7. North America Non-Alcoholic Drinks Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Distribution Channel

7.2.3. By Country

7.3. North America: Country Analysis

7.3.1. United States Non-Alcoholic Drinks Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Distribution Channel

7.3.2. Canada Non-Alcoholic Drinks Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Distribution Channel

7.3.3. Mexico Non-Alcoholic Drinks Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Distribution Channel

8. Europe Non-Alcoholic Drinks Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Distribution Channel

8.2.3. By Country

8.3. Europe: Country Analysis

8.3.1. Germany Non-Alcoholic Drinks Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Distribution Channel

8.3.2. Spain Non-Alcoholic Drinks Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Distribution Channel

8.3.3. United Kingdom Non-Alcoholic Drinks Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Distribution Channel

8.3.4. Italy Non-Alcoholic Drinks Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Distribution Channel

8.3.5. France Non-Alcoholic Drinks Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Distribution Channel

9. Asia-Pacific Non-Alcoholic Drinks Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Distribution Channel

9.2.3. By Country

9.3. Asia-Pacific: Country Analysis

9.3.1. China Non-Alcoholic Drinks Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Distribution Channel

9.3.2. India Non-Alcoholic Drinks Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Distribution Channel

9.3.3. Japan Non-Alcoholic Drinks Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Distribution Channel

9.3.4. South Korea Non-Alcoholic Drinks Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Product Type

9.3.4.2.2. By Distribution Channel

9.3.5. Australia Non-Alcoholic Drinks Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Product Type

9.3.5.2.2. By Distribution Channel

10. South America Non-Alcoholic Drinks Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Distribution Channel

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Non-Alcoholic Drinks Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By Distribution Channel

10.3.2. Argentina Non-Alcoholic Drinks Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By Distribution Channel

10.3.3. Colombia Non-Alcoholic Drinks Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By Distribution Channel

11. Middle East and Africa Non-Alcoholic Drinks Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type

11.2.2. By Distribution Channel

11.2.3. By Country

11.3. MEA: Country Analysis

11.3.1. Saudi Arabia Non-Alcoholic Drinks Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type

11.3.1.2.2. By Distribution Channel

11.3.2. UAE Non-Alcoholic Drinks Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type

11.3.2.2.2. By Distribution Channel

11.3.3. South Africa Non-Alcoholic Drinks Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type

11.3.3.2.2. By Distribution Channel

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1.1. The Coca-Cola Company

14.1.2. PepsiCo, Inc.

14.1.3. Suntory Beverage & Food Ltd

14.1.4. Keurig Dr Pepper Inc.

14.1.5. Nestlé S.A

14.1.6. Danone S.A

14.1.7. Red Bull GmbH

14.1.8. Monster Energy

14.1.9. Refresco Group

14.1.10. Asahi Group Holdings, Ltd.

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Global Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 2: Global Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 3: Global Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 4: Global Non-Alcoholic Drinks Market Share, By Company, By Value, 2020

Figure 5: Global Non-Alcoholic Drinks Market Share, By Region, By Value, 2020-2026F

Figure 6: Global Non-Alcoholic Drinks Market Map, By Product Type, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 7: Global Non-Alcoholic Drinks Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 8: North America Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 9: North America Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 10: North America Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 11: North America Non-Alcoholic Drinks Market Share, By Country, By Value, 2020 & 2026F

Figure 12: United States Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 13: United States Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 14: United States Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 15: Canada Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 16: Canada Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 17: Canada Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 18: Mexico Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 19: Mexico Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 20: Mexico Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 21: Europe Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 22: Europe Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 23: Europe Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 24: Europe Non-Alcoholic Drinks Market Share, By Country, By Value, 2020 & 2026F

Figure 25: Germany Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 26: Germany Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 27: Germany Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 28: Spain Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 29: Spain Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 30: Spain Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 31: United Kingdom Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 32: United Kingdom Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 33: United Kingdom Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 34: Italy Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 35: Italy Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 36: Italy Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 37: France Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 38: France Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 39: France Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 40: Asia-Pacific Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 41: Asia-Pacific Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 42: Asia-Pacific Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 43: Asia-Pacific Non-Alcoholic Drinks Market Share, By Country, By Value, 2020 & 2026F

Figure 44: China Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 45: China Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 46: China Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 47: India Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 48: India Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 49: India Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 50: Japan Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 51: Japan Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 52: Japan Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 53: South Korea Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 54: South Korea Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 55: South Korea Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 56: Australia Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 57: Australia Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 58: Australia Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 59: South America Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 60: South America Population (Billion), By Select Country, 2016-2026F.

Figure 61: South America Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 62: South America Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 63: South America Non-Alcoholic Drinks Market Share, By Country, By Value, 2020 & 2026F

Figure 64: Brazil Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 65: Brazil Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 66: Brazil Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 67: Argentina Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 68: Argentina Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 69: Argentina Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 70: Colombia Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 71: Colombia Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 72: Colombia Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 73: Middle East & Africa Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 74: Middle East & Africa Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 75: Middle East & Africa Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 76: Middle East & Africa Non-Alcoholic Drinks Market Share, By Country, By Value, 2020 & 2026F

Figure 77: Saudi Arabia Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 78: Saudi Arabia Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 79: Saudi Arabia Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 80: UAE Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 81: UAE Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 82: UAE Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 83: South Africa Non-Alcoholic Drinks Market Size, By Value (USD Billion), 2016-2026F

Figure 84: South Africa Non-Alcoholic Drinks Market Share, By Product Type, By Value, 2016-2026F

Figure 85: South Africa Non-Alcoholic Drinks Market Share, By Distribution Channel, By Value, 2016-2026F

Frequently asked questions

Who are the top players in the non-Alcoholic drinks industry?

The Coca-Cola Company, PepsiCo, Inc., Suntory Beverage & Food Ltd, Keurig Dr Pepper Inc., Nestlé S.A, Danone S.A, Red Bull, Monster Energy, Refresco Group, Asahi Group Holdings, Ltd. are few of the key player in the global non-Alcoholic drinks market.

Which region is expected to hold the highest market share in the global non-Alcoholic drinks market?

North America is expected to hold the highest market share in the global non-Alcoholic drinks market as USA is the largest consumer of soda drinks in the market. Moreover, the USA and Mexico are the countries that contribute the maximum share in the North America non-Alcoholic drinks market.

What is the Impact of COVID-19 on the global non-Alcoholic drinks market?

Due to the COVID-19 pandemic, the market has faced demand and supply issues, which severely affected the non-Alcoholic drinks industry around the world. During lockdown, the world faced an economic slowdown, which significantly impacted all the manufacturing industries. Thus, the demand and supply for non-Alcoholic drinks significantly reduced in 2020, although the sales post lockdown gradually recovered.

What is the key factor driving the non-Alcoholic drinks industry?

The increasing inclination of consumers toward fruit juices and energy drinks due to health issues and willingness to live healthy lifestyle are the driving factors for the growth of the non-Alcoholic drinks market, globally.

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