Global Nonalcoholic Beverages Market to Reach $1.7 Billion by 2027

On Sep 22, 2021

Abstract: – Global Nonalcoholic Beverages Market to Reach $1. 7 Billion by 2027. – Amid the COVID-19 crisis, the global market for Nonalcoholic Beverages estimated at US$1.

New York, Sept. 22, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Nonalcoholic Beverages Industry” – https://www.reportlinker.com/p06032343/?utm_source=GNW
2 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Carbonated Soft Drinks, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$767.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bottled Water segment is readjusted to a revised 6% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $313.9 Million, While China is Forecast to Grow at 9% CAGR
– The Nonalcoholic Beverages market in the U.S. is estimated at US$313.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$367.8 Million by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
– Fruit Beverages Segment to Record 5% CAGR
– In the global Fruit Beverages segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$113 Million in the year 2020 will reach a projected size of US$155.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$232.8 Million by the year 2027, while Latin America will expand at a 5.4% CAGR through the analysis period.

– Select Competitors (Total 55 Featured) –

A.G. BARR p.l.c.
Attitude Drinks Incorporated
Campbell Soup Company
Coca-Cola Company
Cott Corporation
Danone SA
Dr Pepper Snapple Group, Inc
Dydo Drinco Inc
Kraft Foods Group, Inc.
Monster Beverage Corporation
Nestle S.A.
PepsiCo, Inc.
Red Bull GmbH
Suntory Holdings Limited
The Unilever Group

Read the full report: https://www.reportlinker.com/p06032343/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Nonalcoholic
Beverages by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years…