Packaged Non Alcoholic Beverages Market Report 2024 (Global Edition)

Global Packaged Non Alcoholic Beverages Market Report 2024 Market Size Split by Type (Bottle, Can, Pouch, Carton, Others), by Application (Families, Non-Families)

Packaged Non Alcoholic Beverages Market Report Description

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Packaged Non Alcoholic Beverages Market Insights Video

Competitive Landscape of the Packaged Non Alcoholic Beverages Market

The major competitors adapt quickly and adopt new tactics to gain a competitive advantage and seize a substantial portion of the market. To remain competitive and cater to a wide range of consumers, the key players in the Packaged Non-Alcoholic Beverages market prioritize growing their unique products.

Top Companies Market Share in Packaged Non Alcoholic Beverages Industry: (In no particular order of Rank)

• Dabur India
• PepsiCo India
• The Coca-Cola Company
• ITC Limited
• Surya Food and Agro Ltd
• Nestle
• Amul
• Manpasand Beverages.
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In terms of revenue, the North American Packaged Non Alcoholic Beverages Market share was 40% of the total market

According to Cognitive Market Research, North America led the market in 2023 and generated around 40% of worldwide revenue. Consumers highly value convenience, health conscience, and a wide variety of flavor options in the area, which supports the market's growth. North America encourages creative product options that reflect changing customer preferences, as seen by the high demand for premium and functional beverages. Adopting on-the-go and health-focused beverage options is driving the market's expansion in the area.

Europe is the fastest-growing category. The demand for a wide variety of high-quality beverage options is increasing in the region due to consumer trends prioritizing convenience and health consciousness. The market's growth in Europe is marked by the uptake of novel, functional drinks, indicative of a changing industry environment and customer desires for energizing and health-conscious non-alcoholic drink options.

The current report Scope analyzes Packaged Non Alcoholic Beverages Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Packaged Non Alcoholic Beverages Market

According to Cognitive Market Research, the global Packaged Non-Alcoholic Beverages market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030. Driven by a varied consumer base seeking convenience, health-conscious options, and premium options, North America is a major participant in the packaged non-alcoholic beverage market. A dynamic environment with a spike in demand for ready-to-drink beverages is reflected in the market overview. The growing inclination for novel and functional beverage compositions that suit changing consumer preferences is a noteworthy growth driver. The North American market for packaged non-alcoholic beverages is expected to grow steadily as the region embraces mobile lifestyles and places a premium on a variety of healthy beverage options. This indicates that the industry is adaptable to shifting customer tastes and needs.

• According to Cognitive Market Research, the US had a major share in the Packaged Non-Alcoholic Beverages market with a market size of USD XX million in 2023 and is projected to grow at a CAGR of 3.0% during the forecast period. This is majorly due to the growing demand for trends in health and wellness. 
• The Canada Packaged Non-Alcoholic Beverages market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 4.0% during the forecast period. This is due to the rising need for convenient beverage options. 
• The Mexico Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD XX million in 2023.

Europe Packaged Non Alcoholic Beverages Market

According to Cognitive Market Research, with a market value of USD XX million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD XX million. Europe is a key region for the packaged non-alcoholic beverage industry, with a diversified customer base that values options that are convenient and health-conscious. The European market overview highlights the increasing demand for innovative and varied premium and functional beverage solutions. The focus on ecologically friendly options and sustainable packaging is a major factor propelling this expansion. With an emphasis on satisfying consumer demand for a wide range of premium, environmentally friendly beverage options, the European market for packaged non-alcoholic beverages is expected to rise steadily as the region experiences a trend toward healthier lifestyles and changing consumer preferences. The industry is well-positioned for long-term success in the European market due to its responsiveness to environmental and health trends.

• According to Cognitive Market Research, the Germany Packaged Non-Alcoholic Beverages market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 3.7% during the forecast period. This is majorly due to the Growing urbanization. 
• The United Kingdom Packaged Non-Alcoholic Beverages market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 4.3% during the forecast period. This region's market is expanding as a result of the trend toward functional beverages, natural ingredients, and environmentally friendly packaging. 
• The France Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 2.7% during the forecast period with a market size of USD XX million in 2023.
• The Italy Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 2.9% during the forecast period with a market size of USD XX million in 2023.
• The Russia Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 2.5% during the forecast period with a market size of USD XX million in 2023.
• The Spain Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD XX million in 2023.
• The Portugal Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD XX million in 2023.
• The Luxembourg Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD XX million in 2023.
• The Greece Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Europe Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD XX million in 2023.

Asia Pacific Packaged Non Alcoholic Beverages Market

According to Cognitive Market Research, the global Packaged Non-Alcoholic Beverages market size was estimated at USD XX Million out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030. The market for packaged non-alcoholic beverages is expanding in Asia Pacific, which is indicative of a dynamic landscape influenced by increased disposable incomes and a range of customer preferences. This region's market is expanding rapidly because of the increased desire for creative and practical beverage solutions. The burgeoning market for functional and health-oriented beverages, which cater to the changing demands of customers who are health-conscious, is a significant sector driving this rise. The market for packaged non-alcoholic beverages is poised for expansion as the Asia Pacific area undergoes economic development and urbanization. This growth will be fueled by a youthful demographic, evolving lifestyles, and a strong preference for a range of ready-to-drink options. The industry's capacity to accommodate regional tastes and inclinations guarantees a positive outlook for long-term expansion in the Asia Pacific region.

• According to Cognitive Market Research, the China Packaged Non-Alcoholic Beverages market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 6.5% during the forecast period. This is majorly due to the demand for novel flavors. 
• The India Packaged Non-Alcoholic Beverages market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 8.8% during the forecast period. This is due to the increased health-conscious customer preferences. 
• The Japan Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD XX million in 2023.
• The South Korea Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD XX million in 2023.
• The Australia Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD XX million in 2023.
• The South East Asia Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Asia Pacific Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD XX million in 2023.

South America Packaged Non Alcoholic Beverages Market

According to Cognitive Market Research, the global Packaged Non-Alcoholic Beverages market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2023 and will grow at compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. With a diversified market overview shaped by economic and cultural variables, Latin America is a major player in the packaged non-alcoholic beverage industry. The market is expanding in the area as a result of consumers' growing preference for healthier beverage options and convenient, ready-to-drink solutions. Popular traditional and unique cuisines that suit local tastes are a significant factor driving this spread. The market for packaged non-alcoholic beverages is expected to increase steadily as Latin America experiences urbanization and changes in consumer behavior. The industry offers a wide range of beverages that are tailored to the region's specific tastes. The industry has a significant role in influencing the beverage landscape in Latin America due to its capacity to combine innovation and cultural resonance.

• According to Cognitive Market Research, the Brazil Packaged Non-Alcoholic Beverages market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 5.0% during the forecast period. This is majorly due to the an emphasis on environmentally friendly packaging. 
• The Argentina Packaged Non-Alcoholic Beverages market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 5.3% during the forecast period. This is due to the increased consumer tastes that are health-conscious. 
• The Colombia Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2023.
• The Peru Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD XX million in 2023.
• The Chile Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Latin America Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD XX million in 2023.

Middle East and Africa Packaged Non Alcoholic Beverages Market

According to Cognitive Market Research, the global Packaged Non-Alcoholic Beverages market size was estimated at USD XX Million out of which Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. The market for packaged non-alcoholic beverages is largely driven by the Middle East and Africa, which has a unique market overview driven by a range of cultural preferences and economic forces. This region's market is expanding due to consumer preferences for on-the-go consumption and the rising need for portable, refreshing beverages. One significant market driving this growth is the growing demand for non-alcoholic options that suit a wide range of palates. Offering a range of beverages that satisfy regional tastes while embracing global trends, the packaged non-alcoholic beverage market in the Middle East and Africa is poised for steady expansion as urbanization and economic development mold consumer behavior. The industry's capacity to adjust to the distinct cultural environment guarantees a positive outlook for ongoing market growth in the Middle East and Africa.

• According to Cognitive Market Research, the GCC Countries Packaged Non-Alcoholic Beverages market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 5.5% during the forecast period. This is majorly due to the population looking for convenience. 
• The South Africa Packaged Non-Alcoholic Beverages market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 5.7% during the forecast period. This is due to the varied non-alcoholic beverage options. 
• The Egypt Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD XX million in 2023.
• The Turkey Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2023.
• The Nigeria Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD XX million in 2023.
• The Rest of MEA Packaged Non-Alcoholic Beverages market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD XX million in 2023.

Packaged Non Alcoholic Beverages Market Analysis

Packaged Non Alcoholic Beverages Type Segment Analysis

According to Cognitive Market Research, bottle held the major market share over the forecast period. Bottles' portability, ease, and recyclable nature satisfy consumers' need for hydration while on the go. This packaging format, which includes PET and glass options, not only guarantees the safety and freshness of the product but also fits in with changing lifestyles. It also helps the industry grow by offering a practical and adaptable packaging option for various non-alcoholic beverages.

Can is the fastest-growing category over the forecast period. Cans are quite popular since they are sustainable, portable, and easy to use. Consumers prefer canned beverages because they are easy to recycle and have a long shelf life. The can format contributes considerably to the market's expansion by providing a useful and eco-friendly packaging option while maintaining product freshness and keeping up with eco-conscious trends.

• Bottle
• Can
• Pouch
• Carton
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Packaged Non Alcoholic Beverages Industry. Request a Free Sample PDF!

Packaged Non Alcoholic Beverages Application Segment Analysis

According to Cognitive Market Research, non-family consumers hold a prominent market share. The preference for ready-to-drink options for consumption on-the-go among non-family consumers is the driving force behind this trend. Smaller package sizes, variety packs, and single-serve options meet this group's preferences, which support the market's overall growth.

Families are the fastest-growing category over the forecast period; the ease of use and adaptability of family-sized beverage options, such as larger containers and multi-packs, are driving demand. In response to the varied tastes found in homes, producers provide a variety of non-alcoholic drinks for family consumption. This is helping the market expand by considering the inclinations and shopping habits of consumers who prioritize their families.

• Families
• Non-Families

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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