Non-Alcoholic Drinks - Worldwide

  • Worldwide
  • The Non-Alcoholic Drinks market in Worldwide is projected to generate a revenue of US$1.4tn in 2023.
  • This market is expected to grow annually at a rate of 4.66% between 2023 and 2027 (CAGR 2023-2027).
  • Among the various segments in the market, the largest one is Soft Drinks, which is estimated to have a market volume of US$0.8tn in 2023.
  • When comparing the revenue generated globally, in the United States leads the way with a projected revenue of US$496bn in 2023.
  • In terms of per capita revenue, the Non-Alcoholic Drinks market is expected to generate approximately US$189.20 per person in 2023.
  • Online sales are predicted to contribute 7.8% of the total revenue in the Non-Alcoholic Drinks market by 2023.
  • Looking ahead to 2027, out-of-home consumption, such as in bars and restaurants, is anticipated to account for 40% of spending and 10% of volume consumption in this market.
  • By 2027, the volume in the Non-Alcoholic Drinks market is expected to reach 944.6bn L.
  • Additionally, a volume growth of 2.2% is projected for 2024.
  • On average, each person is expected to consume 114.40L units of Non-Alcoholic Drinks market in 2023.

Key regions: Worldwide, United States, India, Vietnam, Australia

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

Growing awareness for health and wellness has put pressure on the sugared mainstays of the non-alcoholic drinks business: carbonated soft drinks, such as cola beverages and lemonades. Spending is shifting towards healthier, less-sugared products like bottled water and some non-carbonated soft drinks (like ready-to-drink tea and coffee). A stable pillar of the industry is the food service market as roughly two out of five US$ spent globally on non-alcoholic drinks are attributable to consumption away from home.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on total consumer spending on Non-Alcoholic Drinks, which comprises all private household spending on Non-Alcoholic Drinks including at-home, out-of-home, as well as online and offline spendings.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Sales Channels
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)