The Global Beverage Market is estimated to be USD 1.7 Tn in 2021 and is expected to reach USD 2.1 Tn by 2026, growing at a CAGR of 4.8%.
Nonetheless, high investment costs and severe regulations associated with beverage quality and health guarantees by beverage monitoring authorities are major factors limiting the growth of the market.
By Type, the market is bifurcated into Alcoholic Beverages and Non-Alcoholic Beverages. Amongst the two, the Non-Alcoholic Beverages segment is estimated to hold the highest market share.
By packaging, the market is classified as Cartons, Cans, Bottles, and Others. Amongst all, the Bottles segment is estimated to hold the highest market share during the forecast period.
By Distribution Channel, the market is divided into Supermarkets/ Hypermarkets, Specialty Stores, Online Retail Stores, and Others. Amongst all, the Supermarkets/ Hypermarkets segment is estimated to hold the highest market share during the forecast period.
By Geography, Asia Pacific is projected to lead the market.
2. Coca-Cola with Coffee officially created its buzzed-about U.S. debut on 25th January. With the launch of three signature flavors as Dark Blend, Vanilla, and Caramel. These products will be offered in 12-oz. cans. - 25th January 2021
3. Bud Light to launch hard seltzer lemonade as new rivals enter the market. - 8th Jan 2021
Market Dynamics
Increasing preference for various beverages among individuals owing to rising disposable income coupled with a sedentary lifestyle is expected to flourish the growth of the market. Moreover, the increasing prevalence of various health-related risks is resulting in gaining a grip on organic drinks, functional drinks, and health-oriented beverages across the globe. The increasing social gatherings and parties and acceptance of western culture are further escalating the market growth. Additionally, increasing product developments with unique, organic, or natural flavors and new attractive packaging by beverage manufacturers are expected to generate significant opportunities for business expansion in the market.Nonetheless, high investment costs and severe regulations associated with beverage quality and health guarantees by beverage monitoring authorities are major factors limiting the growth of the market.
Market Segmentation
The Global Beverage Market is segmented further based on Type, Packaging, Distribution Channel, and Geography.By Type, the market is bifurcated into Alcoholic Beverages and Non-Alcoholic Beverages. Amongst the two, the Non-Alcoholic Beverages segment is estimated to hold the highest market share.
By packaging, the market is classified as Cartons, Cans, Bottles, and Others. Amongst all, the Bottles segment is estimated to hold the highest market share during the forecast period.
By Distribution Channel, the market is divided into Supermarkets/ Hypermarkets, Specialty Stores, Online Retail Stores, and Others. Amongst all, the Supermarkets/ Hypermarkets segment is estimated to hold the highest market share during the forecast period.
By Geography, Asia Pacific is projected to lead the market.
Recent Developments
1. Coca-Cola India has launched two new products under its 13-year-old brand called Minute Maid - Vita Punch and Nutri Force - as the company looks to build up its “Delightful Fruit Nutrition” category. - 15th Aug 20212. Coca-Cola with Coffee officially created its buzzed-about U.S. debut on 25th January. With the launch of three signature flavors as Dark Blend, Vanilla, and Caramel. These products will be offered in 12-oz. cans. - 25th January 2021
3. Bud Light to launch hard seltzer lemonade as new rivals enter the market. - 8th Jan 2021
Company Profiles
Some of the companies covered in this report are Bacardi, Danone, Pepsi, Diageo, Skol, Coca- Cola, Carlsberg, etc.Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Why buy this report?
- The report offers a comprehensive evaluation of the Global Beverage Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Beverage Market
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Report Attribute | Details |
---|---|
No. of Pages | 178 |
Published | September 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 1700000 Trillion |
Forecasted Market Value ( USD | $ 2100000 Trillion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global Beverage Market, By Type
7 Global Beverage Market, By Packaging Type
8 Global Beverage Market, By Distribution Channel
9 Global Beverage Market, By Geography
10 Competitive Landscape
11 Company Profiles
12 Appendix
Companies Mentioned
- Anheuser-Busch InBev
- Arizona Beverages USA
- Asahi Group Holdings, Ltd.
- Bacardi Limited
- Bud Light
- Beam Suntory, Inc.
- Brown–Forman Corporation
- Carlsberg A/S
- Calpis Co., Ltd.
- The Coca-Cola Company
- Danone S.A.
- Diageo Plc.
- Groupo Modelo
- Heineken N.V.
- The Hershey Company
- Ito En, Ltd.
- Keurig
- Dr Pepper
- Kirin Holdings Company
- Molson Coors Brewing Company
- Nestle SA
- Oettinger Brauerei
- PepsiCo, Inc.
- Pernod Ricard
- Red Bull GmbH
- Sierra Nevada Brewing
- Eel River Brewing Company
- United Breweries Group