Global Non-alcoholic Beverages Market Size & Outlook

The non-alcoholic beverages industry worldwide is expected to reach a projected revenue of US$ 1,997.2 million by 2030. A compound annual growth rate of 7.1% is expected of the worldwide non-alcoholic beverages industry from 2023 to 2030.

Revenue, 2022 (US$M)
$1,152.0
Forecast, 2030 (US$M)
$1,997.2
CAGR, 2023 - 2030
7.1%
Report Coverage
Worldwide

Global non-alcoholic beverages market highlights

  • The global non-alcoholic beverages market generated a revenue of USD 1,152.0 million in 2022 and is expected to reach USD 1,997.2 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 7.1% by 2030.
  • In terms of segment, carbonated soft drinks accounted for a revenue of USD 327.9 million in 2022.
  • Functional Beverages is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.


Global data book summary

Market revenue in 2022USD 1,152.0 million
Market revenue in 2030USD 1,997.2 million
Growth rate7.1% (CAGR from 2022 to 2030)
Largest segmentCarbonated soft drinks
Fastest growing segmentFunctional Beverages
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarbonated Soft Drinks, Bottled Water, RTD Tea & Coffee, Functional Beverages, Juices, Dairy-based Beverages


Other key industry trends

  • In terms of revenue, the North America accounted for 28.4% of the global non-alcoholic beverages market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 39.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Non-alcoholic Beverages Market Scope

Non-alcoholic beverages market segmentation & scope
Carbonated Soft Drinks
Bottled Water
RTD Tea & Coffee
Energy Drinks
Sports Drinks
Others
Juices
Dairy-based Beverages
Others
Food Service
Hypermarkets & Supermarkets
Convenience Stores
Department Stores
Online
Others

Non-alcoholic Beverages Market Companies

Name Profile # Employees HQ Website

Global non-alcoholic beverages market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non-alcoholic beverages market will help companies and investors design strategic landscapes.


Carbonated soft drinks was the largest segment with a revenue share of 28.46% in 2022. Horizon Databook has segmented the Global non-alcoholic beverages market based on carbonated soft drinks, bottled water, rtd tea & coffee, functional beverages, juices, dairy-based beverages covering the revenue growth of each sub-segment from 2018 to 2030.


Nonalcoholic beverage sales depend majorly on the ability of industry players to bring diverse products to the market and distribute them through large-scale supermarkets or retailers such as Safeway, Walmart, Carrefour, etc., which have been the major distribution channels for nonalcoholic beverage products. A major factor contributing to the market's growth has been an increase in distribution channels.


Retail stores have become integral to the global economy in recent years. These stores have a competitive advantage in terms of proximity to customers and, in most cases, an extremely loyal customer base. Retail sales growth has thus become a major factor in the growth of the nonalcoholic beverages market.

Reasons to subscribe to Global non-alcoholic beverages market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global non-alcoholic beverages market databook

  • Our clientele includes a mix of non-alcoholic beverages market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global non-alcoholic beverages market , including forecasts for subscribers. This global databook contains high-level insights into Global non-alcoholic beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global non-alcoholic beverages market size, by regions, 2018-2030 (US$M)

Top 10 countries: Non-alcoholic beverages market size, 2022 (US$M)

Global non-alcoholic beverages market share, by product, 2022 & 2030 (%, US$M)

Non-alcoholic Beverages Market: Opportunity Assessment By Country

Global non-alcoholic beverages market, by region, 2022 (US$M)

Global non-alcoholic beverages market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more