Asia Pacific Non-Alcoholic Beverage Market Divided by Australia, China, India

Posted by Shiva on December 26th, 2019

Asia Pacific Non-Alcoholic Beverage Market Overview:

Asia Pacific Non-Alcoholic Beverage Market is worth USD 352.05 billion in 2018 and estimated to grow at a CAGR of 3.7%, to reach USD 422.18 billion by 2023. Non- Alcoholic beverage as its name suggests, do not contain any alcohol. These beverages hydrate, provide significant nutrients and vitamins that the body needs. Other applications of non-alcoholic beverages are in hotels, which can be used for making cocktails and mocktails, as they stimulate the palate and act as an aperitif. They are found in various forms like in packet, bottle, canned, pressured container etc. Some instances of beverages are aerated waters, mineral water, juices, squashes, syrups, tonic, soda, Pepsi, Coke, root beer etc.

Market drivers and restraints:

The primary driver of this market is that change in customer shifts in the food and beverages sector and the increasing spending of the population in non- alcoholic drinks attributed to rising per- capita incomes. Also, the surge in the health concerns has resulted in a big chunk of the population in developed and developing regions to prefer non- alcoholic over alcoholic drinks, which is fueling the market. Furthermore, the rising food and beverage businesses are estimated to fuel this market in the coming years.

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Report segmented as:

By product type:

  • Soft drinks
  • Dairy drinks
  • Tea
  • Coffee
  • Bottled water
  • Juice
  • others

By distribution:

  • Online store
  • Super market/ Hyper markets
  • Convenience stores
  • Departmental stores
  • Others 

Geographical analysis:

Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population. Also Asia Pacific is largest growing segment.

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Important market players:

Some of the major players operating in the non-alcoholic beverages market are A.G. Barr, Dr. Pepper Snapple Group, Dydo Drinco, Attitude Drinks, Co., Livewire Energy: Calcol, Inc., Danone, Nestle S.A., PepsiCo, Inc., and the Coca-Cola company.

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Joined: June 11th, 2019
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