Non-Alcoholic Drinks Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020
147 Page Report
Rising Health Awareness to Create Growth Opportunities for
Global Non-Alcoholic Drinks Market, says TMR
Transparency Market Research
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Non-Alcoholic Drinks Market
Nonalcoholic drinks are beverages that contain less than 0.5% alcohol by volume. While popular beverages
such as coffee, tea, and fruit juices count as nonalcoholic drinks, nonalcoholic varieties of alcoholic drinks
such as beer and wine are also considered among nonalcoholic drinks. The demand for nonalcoholic drinks
has grown smoothly over the last few decades, as the adverse effects of alcohol consumption have
become progressively clearer and uncontestable. The rising health awareness among the global population
is thus a key driver for the global nonalcoholic drinks market.
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According to Transparency Market Research, the global nonalcoholic drinks market was valued at
US$1,435.2 bn in 2013. Exhibiting a 4.30% CAGR between 2014 and 2020, the market is expected to rise
to a valuation of US$1,937.7 bn. By volume, the market is expected to exhibit an even higher 4.90% CAGR
in the same timeframe, with the total volume of the market expected to rise to 1,289 bn liters from 912.7
bn liters in 2013. This illustrates both the growing demand for nonalcoholic beverages and the expected
price wars in the market for the same.
What is the key driver for the global nonalcoholic drinks market?
The growing awareness about the health benefits of nonalcoholic...