Non-Alcoholic Beverages Market Size & Share Analysis by 2028

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The non-alcoholic beverages market size is expected to grow from US$ 1,327.11 billion in 2022 to US$ 1,902.85 billion by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

Carbonated soft drinks, bottled waters, juices & nectars, dairy-based and dairy alternative beverages, RTD tea and coffee, and energy drinks are the different types of non-alcoholic beverages available in the market. The sugar-free category is gaining significant traction among consumers due to the rise in health concerns and the high prevalence of obesity, diabetes, and heart diseases in various countries across the globe. Functional drinks and fortified beverages are witnessing high demand due to the growing focus on health and nutrition. Non-alcoholic malt beverages and premixes are widely consumed in Middle Eastern countries such as Saudi Arabia, Iran, and the UAE owing to the strict regulations on alcoholic beverage consumption and malt beverages getting halal certifications. This factor is fueling the growth of the non-alcoholic malt beverages segment in the global non-alcoholic beverages market

Read More: https://www.theinsightpartners.com/reports/non-alcoholic-beverages-market

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