Asia Pacific Non Alcoholic Drinks Market was worth USD 492.65 billion in 2022 and estimated to be growing at a CAGR of 4.75%, to reach USD 621.31 billion by 2027.
Non-alcoholic beverages are easily available in the market in different forms like fruit juices, soft drinks, instant coffee, tea, energy drinks, bottled water, isotonic drinks, and others. The overall awareness for good health has led many people to go from alcoholic beverages to non-alcoholic ones. Major producers are focussing on innovative product discoveries to adjust with the changing consumer choices.The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the beverage industry.The market is fueled by factors like changes in lifestyles and consumer choices, demand of the growing population and growth in spending abilities. Consumer concern about the health effects of synthetically sweetened drinks, and government restrictions for ingredient use in these drinks are found to be the main factors hindering the market growth.
Asia Pacific Non Alcoholic Drinks MarketThe non-alcoholic beverage market can be broadly segmented on the
basis of
products types
sales distribution channels
By product types
non-alcoholic beverage market can be classified into carbonated and non-carbonated beverages.
By sales and distribution channel types
hypermarket
supermarket
convenience store
departmental stores
specialty store
online purchase
China
India
Japan
South Korea
Asia Pacific is expected to show the highest CAGR during the forecast period, due to increasing population and changing lifestyle.
Attitude Drinks Inc.
Coca-Cola Company
Dr. Pepper Snapple Group Inc.
Danone, DydoDrinco, Inc.
Nestlé S.A.
PepsiCo Inc.
Parle Agro Ltd
San Benedetto
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