IMARC Group's report titled "Non-Alcoholic Beverage Market Report by Product Type (Carbonated Soft Drinks, Juices, Bottled Water, Sports and Energy Drinks, RTD Tea and Coffee, and Others), Packaging Type (Bottles, Cans, Cartons, and Others), Distribution Channel (Retail, Food Service, Supermarkets and Hypermarkets, Online Stores, and Others), and Region 2024-2032". The global non-alcoholic beverage market size reached US$ 928.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,400.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. Factors Affecting the Growth of the Non-Alcoholic Beverage Industry:
• Changing Consumer Preferences:
Consumers are increasingly gravitating towards healthier lifestyle choices, which is significantly influencing the non-alcoholic beverage market.
• Technological Advancements in Production:
The non-alcoholic beverage industry is experiencing a transformation due to technological advancements in production processes.
• Regulatory and Sustainability Challenges:
Regulations regarding food safety, labeling, and environmental sustainability are increasingly affecting the non-alcoholic beverage market. Governments and regulatory bodies worldwide are imposing stricter standards on the production, packaging, and disposal of beverage products.
Leading Companies Operating in the Global Non-Alcoholic Beverage Industry:
• Arizona Beverage Company
• Asahi Group Holdings Ltd.
• Danone S.A.
• Keurig Dr Pepper Inc.
• Nestlé S.A.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/non-alcoholic-beverage-market/requestsample
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