The Non-Alcoholic Beverages Market is expected to attain a market size of $2099 billion by 2023, growing at a CAGR of 4.9% during the forecast period. The non-alcoholic beverages market has tremendous potential and global scope for growth in the all the regions is unprecedented. The seasonal demand has had a positive impact on the market growth. Nevertheless, concerns related to the impact on health of the consumers and taxations are some of the limiting factors for the market expansion.
Despite challenges, innovation in the product offerings, addressing the health concerns of the consumers and use of natural and organic ingredients in the manufacturing of alcoholic beverages are some of the factors that would be supportive to the market expansion. Based on the Distribution Channels, the Non-Alcoholic Beverages market is segmented into Hypermarkets & Supermarkets, Specialty and Departmental Stores, Online Stores, and Others.
Based on the Products, the market is segmented into Soft Drinks, Bottled Water, Tea & Coffee, Bottled Juices, Dairy Drinks, and Others. The report also covers geographical segmentation of Non-Alcoholic Beverages market. The geographies included in the report are North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The report covers the analysis of key stake holders of the Cloud Orchestration market. Key companies profiled in the report include A.G. Barr, Dr. Pepper Snapple Group, Dydo Drinco, Attitude Drinks, Co., Livewire Energy, Calcol, Inc., Sofina (Danone), Nestle, The Coca Cola Company, and PepsiCo, Inc.