India Non-Alcoholic Beverage Market 2025 - Growth Analysis and Industry Forecast
Posted by Sophia Jones on March 20th, 2020
Market Reports on India Provides the Trending Market Research Report on ”India Non-Alcoholic Beverage Market, By Product Type (Carbonated Beverage & Non- Carbonated Beverage), By Packaging Type (Bottle, Cans & Others), By Pack Size (Below 250ml, 250ml-1L, Above 1L), By Distribution Channel (Modern Departmental Stores, Traditional Departmental Stores, Convenience Stores, Online & Others), By Region, Competition, Forecast & Opportunities, 2025” under Alcoholic Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Growth of non-alcoholic beverage market in India can be attributed to rising awareness about healthy lifestyle & wellness, rising disposable income and an increasing number of people consuming soft drinks and juices with their meals. Moreover, marketing activities by leading brands, including endorsements by leading film stars, have also been driving non-alcoholic beverage consumption in India. Also, changing tastes and preferences of consumers, and consumer propensity towards consumption of food & beverages has led to the rise in the consumption of non-alcoholic beverages.
The India non-alcoholic beverage market is categorized into Carbonated Beverages & Non- Carbonated Beverages, among which Non-Carbonated Beverages have witnessed a faster growth and the category is expected to grow at a higher pace than Carbonated Beverages throughout the forecast period as well. Non-Carbonated Beverages category held the majority share in 2019, because of their health benefits, huge popularity and consumer’s preferences for a healthy lifestyle.
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North India dominated the country’s non-alcoholic beverage market in 2019, and the region is expected to maintain its dominance during the forecast period. Some of the major players operating in India Non-Alcoholic Beverage market are Hindustan Coca Cola Beverages Pvt. Ltd., Varun Beverages Ltd (PepsiCo), Dabur Limited, Parle Agro Pvt. Ltd., Manpasnad Beverages Ltd., and others.
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Objective of the Study:
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across India. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analysing the service offerings, distribution channels and presence of all major manufacturers across the country.
Our Research calculated the market size of India non-alcoholic beverage products market using a bottom-up approach, where in data for various categories across various product types were recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.
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The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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About the AuthorSophia Jones
Joined: August 22nd, 2017
Articles Posted: 752
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