Non-alcoholic Beverages Market Size, Share & Trends Analysis Report By Product (Carbonated Soft Drink, Bottled Water), By Distribution Channel (Food Service, Retail), By Region, And Segment Forecasts, 2024 - 2030

Market Segmentation

• Non-Alcoholic Beverages Product Outlook (Revenue, USD Billion, 2018 - 2030)
  • Carbonated Soft Drinks
  • Bottled Water
  • RTD Tea & Coffee
  • Functional Beverages
  • Juices
  • Dairy-based Beverages
  • Others
• Non-Alcoholic Beverages Distribution channel Outlook (Revenue, USD Billion, 2018 - 2030)
  • Food Service
  • Retail
• Non-Alcoholic Beverages Regional Outlook (Revenue, USD Billion, 2018 - 2030)
  • North America
    • North America Non-Alcoholic Beverages Market, By Product
      • Carbonated Soft Drinks
      • Bottled Water
      • RTD Tea & Coffee
      • Functional Beverages
      • Juices
      • Dairy-based Beverages
      • Others
    • North America Non-Alcoholic Beverages Market, By Distribution Channel
      • Food Service
      • Retail
    • U.S.
      • U.S. Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • U.S. Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Canada
      • Canada Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Canada Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Mexico
      • Mexico Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Mexico Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
  • Europe
    • Europe Non-Alcoholic Beverages Market, By Product
      • Carbonated Soft Drinks
      • Bottled Water
      • RTD Tea & Coffee
      • Functional Beverages
      • Juices
      • Dairy-based Beverages
      • Others
    • Europe Non-Alcoholic Beverages Market, By Distribution Channel
      • Food Service
      • Retail
    • UK
      • UK Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • UK Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Germany
      • Germany Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Germany Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • France
      • France Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • France Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Italy
      • Italy Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Italy Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Spain
      • Spain Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Spain Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
  • Asia Pacific
    • Asia Pacific Non-Alcoholic Beverages Market, By Product
      • Carbonated Soft Drinks
      • Bottled Water
      • RTD Tea & Coffee
      • Functional Beverages
      • Juices
      • Dairy-based Beverages
      • Others
    • Asia Pacific Non-Alcoholic Beverages Market, By Distribution Channel
      • Food Service
      • Retail
    • China
      • China Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • China Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • India
      • India Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • India Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
    • Japan
      • Japan Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Japan Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
  • Central & South America
    • Central & South America Non-Alcoholic Beverages Market, By Product
      • Carbonated Soft Drinks
      • Bottled Water
      • RTD Tea & Coffee
      • Functional Beverages
      • Juices
      • Dairy-based Beverages
      • Others
    • Central & South America Non-Alcoholic Beverages Market, By Distribution Channel
      • Food Service
      • Retail
    • Brazil
      • Brazil Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • Brazil Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail
  • Middle East & Africa
    • Middle East & Africa Non-Alcoholic Beverages Market, By Product
      • Carbonated Soft Drinks
      • Bottled Water
      • RTD Tea & Coffee
      • Functional Beverages
      • Juices
      • Dairy-based Beverages
      • Others
    • Middle East & Africa Non-Alcoholic Beverages Market, By Distribution Channel
      • Food Service
      • Retail
    • South Africa
      • South Africa Non-Alcoholic Beverages Market, By Product
        • Carbonated Soft Drinks
        • Bottled Water
        • RTD Tea & Coffee
        • Functional Beverages
        • Juices
        • Dairy-based Beverages
        • Others
      • South Africa Non-Alcoholic Beverages Market, By Distribution Channel
        • Food Service
        • Retail

Non-alcoholic Beverages Market Dynamics

Driver: Increasing Awareness Of Health And Wellness And Evolving Consumer Preferences

The rising consumer awareness of health and wellness has led to a significant shift in beverage formulation. There is now a strong focus on incorporating functional ingredients, natural sweeteners, and nutritional enhancements to meet the increasing demand for beverages that offer both great taste and health benefits. This trend is exemplified by the preference for what is commonly known as a "clean label" solution, where consumers seek products that are perceived as wholesome, transparent, and free from artificial or unnecessary additives. As a result, there is a growing demand for beverages with recognizable, natural, and minimally processed ingredients. Additionally, the popularity of botanical extracts and functional ingredients such as prebiotics, probiotics, postbiotics, adaptogens, and nootropics is on the rise due to their perceived benefits to physical, mental, and emotional well-being. This shift in consumer preferences is driving the beverage industry to innovate and develop products that align with these evolving demands for healthier and more transparent options.

Driver: Consumer Demand For Innovation

The landscape of the beverage formulator market is being significantly shaped by consumer demand for innovation. This demand is compelling manufacturers to invest strategically in formulation processes, exploring diverse ingredients, flavors, and formulations to create products that stand out in an increasingly competitive market. Millennials and Gen Z, in particular, are open to embracing changes in traditional recipes, especially when it comes to beverages. Their preference for exotic flavors and anticipation of innovative offerings is evident. According to Sensegen's Sensory and Consumer Insights Center, 48% of consumers prioritized "exotics" as a top flavor choice in 2023. This highlights consumers’ openness to more adventurous tastes, especially in social settings or when in an experimental mood. Product development in the beverage industry has led to the introduction of exotic flavors. Beverage manufacturers are recognizing the potential for portfolio expansion and growth by aligning with these emerging trends. A particular emphasis has been placed on crafting beverages with botanical and floral notes, including elderflower, chamomile, lavender, and hibiscus. Simultaneously, there is a growing preference for spicy flavors, bringing ingredients like dandelion greens and ginger into the mix. This not only meets the growing demand for more natural and diverse flavors but also adds an extra punch to the beverages, catering to evolving consumer preferences. The emphasis on innovation and the introduction of exotic flavors are in response to the evolving needs and preferences of consumers, particularly Millennials and Gen Z, who are seeking unique and adventurous beverage experiences. This trend is driving the beverage industry to explore new and diverse flavor profiles, meeting the demand for more natural and innovative offerings.

Restraint: Stringent Regulations

Navigating regulatory challenges is a critical aspect of the beverage formulator market. Stringent regulations and evolving standards within the food and beverage industry demand meticulous attention to compliance. Meeting these regulatory requirements involves addressing various aspects, such as health claims, labeling, and ingredient approval, which can be both time-consuming and financially burdensome. Health claims on packaging, for instance, are subject to strict scrutiny, requiring scientific substantiation to ensure accuracy and transparency. Formulators must carefully navigate these requirements to communicate their products' health benefits effectively. Labeling regulations mandate clear and comprehensive information for consumers, covering aspects like nutritional content, allergens, and other important details. Ensuring accurate and compliant labeling is essential to meet industry standards and gain consumer trust. Furthermore, obtaining approval for ingredients is challenging. Formulators must adhere to regulatory frameworks to confirm that the substances used in their beverages comply with safety and quality standards. This process involves rigorous assessments and documentation to demonstrate the safety and efficacy of each ingredient. Ensuring regulatory compliance is a crucial aspect of formulating new beverages, and the process varies between the U.S. and the European Union. In the U.S., compliance with Title 21 of the Code of Federal Regulations (21 CFR) is a straightforward approach for listed ingredients. Those not listed may be accepted under the Generally Recognized as Safe (GRAS) designation, either through FDA notification or independent determination. GRAS ingredients must have publicly available safety data, and experts must agree on their safety at a level not less than that required for food additives. Unlike food additives, GRAS ingredients do not need premarket FDA approval. Conversely, the EU lacks a comparable pathway to GRAS. Instead, it follows a preapproval process for food additives and novel foods, encompassing new ingredients and traditional foods from third countries. The EU maintains databases of approved food additives and a novel food catalog. The authorization processes review safety, and approvals apply across all 27 EU member states. However, individual member states can enforce specific regulations, such as setting limits for vitamins and minerals, necessitating a member state-based compliance review for formulations.

What Does This Report Include?

This section will provide insights into the contents included in this non-alcoholic beverages market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Non-alcoholic beverages market qualitative analysis

• Industry overview

• Industry trends

• Market drivers and restraints

• Market size

• Growth prospects

• Porter’s analysis

• PESTEL analysis

• Key market opportunities prioritized

• Competitive landscape

  • Company overview

  • Financial performance

  • Product benchmarking

  • Latest strategic developments

Non-alcoholic beverages market quantitative analysis

• Market size, estimates, and forecast from 2018 to 2030

• Market estimates and forecast for product segments up to 2030

• Regional market size and forecast for product segments up to 2030

• Market estimates and forecast for application segments up to 2030

• Regional market size and forecast for application segments up to 2030

• Company financial performance