The non-alcoholic beverages market comprises establishments manufacturing beverages that do not contain any alcohol. Non-alcoholic beverages provide hydration, nutrients, vitamins, sugar or calories based on the ingredients used in the manufacturing process.
The top five companies covered are PepsiCo, Coca-Cola, Nestlé, Suntory Holdings Limited and Red Bull GmbH. PepsiCo was the largest company in the non-alcoholic beverages market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global non-alcoholic beverages market was valued at around $472 billion in 2017. Asia Pacific was the largest region in the non-alcoholic beverage market in 2017, accounting for around 41% of the total market. China was the largest country in the market accounting for around 21% of the total market.
With rising awareness about the ill-effects of high-calorie refreshments, there has been an increase in demand for fortified water that provide increased hydration. Fortified water products include specialty waters and enhanced beverages that contain flavor, added minerals, vitamins and other nutrients.
The non-alcoholic beverages market is segmented into Coffee And Tea, Soft Drink and Carbonated Water And Ice Cubes.
Coffee & Tea includes companies that manufacture roasting coffee, blending tea, manufacturing coffee and tea concentrates, herbal tea, coffee extracts, flavorings and syrups.
Soft Drink establishments manufacture soft drinks and artificially carbonated water. These include fruit and vegetable drinks, iced tea and coffee, carbonated drinks, carbonated water and others.
Carbonated Water And Ice Cubes companies manufacture purified and bottled water. This includes spring water and naturally carbonated water and ice cubes companies manufacture ice in the form of blocks or cube.