Market Research Future (MRFR) has announced the release of a new research report, studying the global non-alcoholic beverages market. The report studies the various product and regional segments of the global non-alcoholic beverages market and produces forecasts till 2023.

Non-alcoholic beverages include juices, probiotic drinks, alcohol-free beer and wine, energy drinks, ready-to-drink (RTD) tea and coffee, herbal and fruit teas, dairy and non-dairy beverages, fortified water, and others. These beverages have risen in popularity due to the growing awareness about the adverse health effects of alcohol. Alcohol can cause liver cirrhosis, apart from leading to addiction, making it a dangerous beverage ingredient. As a result, today’s health-conscious consumers are increasingly preferring Non-alcoholic beverages for their daily consumption.

Global Key Players and Competition Analysis

The report covers major players in the Non-alcoholic beverages market such as PepsiCo, Coca-Cola, Fuze Beverage, Kraft Foods, Nestle, Ocean Spray, and Campbell Soup Company.

Segmentation Analysis

By product type, juices dominate the global Non-alcoholic beverages market. The convenience and favorable flavor of fruit juices have made them a consumer staple across countries and are likely to ensure steady sales growth in the coming years, aided by the innovation of novel flavor preservation techniques. Juices are also safe for babies and geriatrics, which gives them an extra edge over other Non-alcoholic beverages.

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Regional Analysis

APAC is likely to emerge as a major regional market in the global Non-alcoholic beverages market in the coming years due to the growing preference for healthy drinks and weight loss solutions. Many Non-alcoholic beverages, juices, and probiotics such as tempeh, kombucha, and yogurt are also part of the traditional palette in Asia Pacific countries such as China, Japan, Korea, and India, which is likely to boost the Non-alcoholic beverages market in the region.

Market Scope

Europe holds the leading share in the global Non-alcoholic beverages market at present and is likely to remain a leading player in the market in the coming years. European consumers have been at the forefront of the healthiness movement and increasingly prefer healthier alternatives to alcoholic beverages. The high demand for on-the-go beverages in Europe has also helped drive the market for Non-alcoholic beverages in Europe.

Browse the market data and information spread across 110 pages with 28 data tables and 16 figures of the report “Global Non-Alcoholic Beverages Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/non-alcoholic-beverages-market-3155
Industry News:

November 2018 Market Research Future has published a half-cooked research report on the Global Non-alcoholic Beverages Market.