The non-alcoholic beverages market in South & Central America is expected to grow from US$ 106.12 million in 2022 to US$ 155.28 million by 2028. It is estimated to grow at a CAGR of 6.5% from 2022 to 2028.
Sustainable and Innovative Packaging to Appeal to Consumers
In recent times, consumers have become more aware of environmental sustainability. Regional population growth and urbanization are the primary causes of natural resource depletion, global warming, overflowing landfills, and infertile lands. Today, plastic waste is one of the biggest environmental problems causing significant harm to the overall ecosystem. The packaging industry accounts for the majority of plastic usage and plastic waste generation. According to Plastic Oceans International, the packaging industry is the largest end user of plastic, accounting for more than 40% of the total plastic usage. Due to the rising concerns regarding waste generation and landfills, the preference for sustainable and eco-friendly packaging has grown significantly. The manufacturers of non-alcoholic beverages are also launching products in sustainable packages to meet the changing consumer requirements and reduce their carbon footprints. PepsiCo, one of the prominent soft drink manufacturers, has partnered with Pulpex, a packaging technology company, to develop and scale the fully recyclable paper bottle. The paperboard used for developing the bottle is sustainably sourced and 100% recyclable. Moreover, the bottle is coated with a food-grade, water-based coating to prevent leaks. Before launching the bottle in the market, it will undergo extensive laboratory tests to evaluate its safety, recyclability, and performance. Such initiatives are expected to provide immense growth opportunities to the South & Central America non-alcoholic beverages market over the forecast period. Another sustainable packaging trend prevailing in the market is the increased use of post-consumer recycled (PCR) plastic. PCR plastics are made from previously used and recycled plastic bottles and other plastic items. PCR plastic supports consumer demand for sustainable packaging and reduces landfill waste from single-use plastics. The manufacturers of non-alcoholic beverages are also investing in innovative packaging to attract a large number of consumers. For instance, High Brew Coffee offers ready-to-drink coffee in self-heating cans. These cans are powered with HeatGen technology that heats the beverage within two minutes. Moreover, it has passive thermal controls that ensure the heat does not exceed the defined temperature. Such packages are projected to gain massive traction among tech-savvy consumers, opening significant growth opportunities in the South & Central America non-alcoholic beverages market.Market Overview
Brazil, Argentina, and the Rest of South & Central America are the key contributors to the non-alcoholic beverages market in the South & Central America. The rising population and continuous improvement have positively affected the growth of the economy of Brazil and Argentina. The growing consumption of alcoholic beverages resulted in various health issues such as diabetes, obesity, skin diseases, eye problems, heart diseases, and cancer. The growing trend and rapidly increasing prevalence of such diseases have increased consumer health awareness. According to a survey conducted by Brazil'ss Ministry of Health, more than half of the Brazilian adult population is overweight. This suggests new opportunities for non-alcoholic beverages such as fruit, functional, and the energy drinks market. As consumers in South & Central America are shifting towards healthy beverages burring, the demand for coconut water is presented as a strong base for the development because 48% of consumers use coconut water for based blurring. Thus, the recent trends and development in South & Central America are boosting the non-alcoholic beverage market. There is a high growth of e-commerce in South & Central America due to rising internet and smartphone penetration. The sales of non-alcoholic beverages through online platforms are also increasing due to the emerging e-commerce sector in the region. The market players are strengthening their presence on online platforms to boost their revenues. This factor is expected to drive the growth of the South & Central America non-alcoholic beverages market across the region.South & Central America Non-Alcoholic Beverages Market Segmentation
The South & Central America non-alcoholic beverages market is segmented into type, packaging type, category, distribution channel, and country.- Based on type, the market is segmented into carbonated soft drinks, juices & nectars, bottled waters, dairy-based beverages, dairy alternative beverages, RTD tea & coffee, and others. The carbonated soft drinks segment registered the largest market share in 2022.
- Based on packaging type, the market is segmented into bottles, cartons, cans, and pouches. The bottles segment held the largest market share in 2022.
- Based on category, the market is bifurcated into sugar-free and conventional. The conventional segment held a larger market share in 2022.
- Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held the largest market share in 2022.
- Based on country, the market is segmented into Brazil, Argentina, and the Rest of South and Central America. The Rest of South and Central America dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. SAM Non-Alcoholic Beverages Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. SAM Non-Alcoholic Beverages Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Non-Alcoholic Beverages with Functional Benefits
5.1.2 Increasing Consumption of Bottled Water
5.2 Market Restraints
5.2.1 Concerns Related to High-Sugar Content of Beverages
5.3 Market Opportunities
5.3.1 Sustainable and Innovative Packaging to Appeal to Consumers
5.4 Future Trends
5.4.1 Rising Popularity of Plant-Based Beverages
5.5 Impact Analysis of Drivers and Restraints
6. Non-Alcoholic Beverages - SAM Market Analysis
6.1 SAM Non-Alcoholic Beverages Market -Revenue and Forecast to 2028 (US$ Billion)
7. SAM Non-Alcoholic Beverages Market Analysis - By Type
7.1 Overview
7.2 SAM Non-Alcoholic Beverages Market, By Type (2021 and 2028)
7.3 Carbonated Soft Drinks
7.3.1 Overview
7.3.2 Carbonated Soft Drinks: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.4 Juices & Nectars
7.4.1 Overview
7.4.2 Juices & Nectars: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.5 Bottled Waters:
7.5.1 Overview
7.5.2 Bottled Waters: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.6 Dairy-Based Beverages
7.6.1 Overview
7.6.2 Dairy-Based Beverages: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.7 Dairy Alternative Beverages
7.7.1 Overview
7.7.2 Dairy Alternative Beverages: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.8 RTD Tea and Coffee:
7.8.1 Overview
7.8.2 RTD Tea and Coffee: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
7.9 Others
7.9.1 Overview
7.9.2 Others: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
8. SAM Non-Alcoholic Beverages Market Analysis - By Packaging Type
8.1 Overview
8.2 SAM Non-Alcoholic Beverages Market, By Packaging Type (2021 and 2028)
8.3 Bottles
8.3.1 Overview
8.3.2 Bottles: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
8.4 Cartons
8.4.1 Overview
8.4.2 Cartons: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
8.5 Cans
8.5.1 Overview
8.5.2 Cans: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
8.6 Pouches
8.6.1 Overview
8.6.2 Pouches: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
9. SAM Non-Alcoholic Beverages Market Analysis - By Category
9.1 Overview
9.2 SAM Non-Alcoholic Beverages Market, By Category (2021 and 2028)
9.3 Sugar-Free
9.3.1 Overview
9.3.2 Sugar-Free: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
9.4 Conventional
9.4.1 Overview
9.4.2 Conventional: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
10. SAM Non-Alcoholic Beverages Market Analysis - By Distribution Channel
10.1 Overview
10.2 SAM Non-Alcoholic Beverages Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets & Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets & Hypermarkets: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
10.4 Convenience Stores
10.4.1 Overview
10.4.2 Convenience Stores: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
10.6 Others
10.6.1 Overview
10.6.2 Others: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
11. SAM Non-Alcoholic Beverages Market- Country Analysis
11.1 Overview
11.1.1 South & Central America: Non-Alcoholic Beverages Market, by Key Country
11.1.1.1 Brazil: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
11.1.1.1.1 Brazil: Non-Alcoholic Beverages Market, By Type
11.1.1.1.2 Brazil: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.1.3 Brazil: Non-Alcoholic Beverages Market, by Category
11.1.1.1.4 Brazil: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.2 Argentina: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
11.1.1.2.1 Argentina: Non-Alcoholic Beverages Market, By Type
11.1.1.2.2 Argentina: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.2.3 Argentina: Non-Alcoholic Beverages Market, by Category
11.1.1.2.4 Argentina: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.3 Rest of South & Central America: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
11.1.1.3.1 Rest of South & Central America: Non-Alcoholic Beverages Market, By Type
11.1.1.3.2 Rest of South & Central America: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.3.3 Rest of South & Central America: Non-Alcoholic Beverages Market, by Category
11.1.1.3.4 Rest of South & Central America: Non-Alcoholic Beverages Market, by Distribution Channel
12. Industry Landscape
12.1 Overview
12.2 Partnership
12.3 New Product Development
12.4 Expansion
13. Company Profiles
13.1 The Coca-Cola Company
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Nestlé S.A.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Red Bull
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Califia Farms, LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Keurig Dr Pepper, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Asahi Group Holdings, Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Danone S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SUNTORY HOLDINGS LIMITED.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Bolthouse Farms, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 PepsiCo Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Tables
Table 1. SAM Non-Alcoholic Beverages Market -Revenue and Forecast to 2028 (US$ Billion)
Table 2. Brazil Non-Alcoholic Beverages Market, By Type - Revenue and Forecast to 2028 (US$ Billion)
Table 3. Brazil Non-Alcoholic Beverages Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Billion)
Table 4. Brazil Non-Alcoholic Beverages Market, by Category - Revenue and Forecast to 2028 (US$ Billion)
Table 5. Brazil Non-Alcoholic Beverages Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Billion)
Table 6. Argentina Non-Alcoholic Beverages Market, By Type - Revenue and Forecast to 2028 (US$ Billion)
Table 7. Argentina Non-Alcoholic Beverages Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Billion)
Table 8. Argentina Non-Alcoholic Beverages Market, by Category - Revenue and Forecast to 2028 (US$ Billion)
Table 9. Argentina Non-Alcoholic Beverages Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Billion)
Table 10. Rest of South & Central America Non-Alcoholic Beverages Market, By Type - Revenue and Forecast to 2028 (US$ Billion)
Table 11. Rest of South & Central America Non-Alcoholic Beverages Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Billion)
Table 12. Rest of South & Central America Non-Alcoholic Beverages Market, by Category- Revenue and Forecast to 2028 (US$ Billion)
Table 13. Rest of South & Central America Non-Alcoholic Beverages Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Billion)
Table 14. List of Abbreviation
List of Figures
Figure 1. SAM Non-Alcoholic Beverages Market Segmentation
Figure 2. SAM Non-Alcoholic Beverages Market Segmentation - By Country
Figure 3. SAM Non-Alcoholic Beverages Market Overview
Figure 4. SAM Non-Alcoholic Beverages Market: By Category
Figure 5. SAM Non-Alcoholic Beverages Market: By Country
Figure 6. SAM Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. SAM Ecosystem: Non-Alcoholic Beverages Market
Figure 9. SAM Non-Alcoholic Beverages Market Impact Analysis of Drivers and Restraints
Figure 10. SAM: Non-Alcoholic Beverages Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 11. SAM Non-Alcoholic Beverages Market Revenue Share, By Type (2021 and 2028)
Figure 12. SAM Carbonated Soft Drinks: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 13. SAM Juices & Nectars: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 14. SAM Bottled Waters: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 15. SAM Dairy-Based Beverages: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 16. SAM Dairy Alternative Beverages: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 17. SAM RTD Tea and Coffee: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 18. SAM Others: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 19. SAM Non-Alcoholic Beverages Market Revenue Share, By Packaging Type (2021 and 2028)
Figure 20. SAM Bottles: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 21. SAM Cartons: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 22. SAM Cans: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 23. SAM Pouches: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 24. SAM Non-Alcoholic Beverages Market Revenue Share, By Category (2021 and 2028)
Figure 25. SAM Sugar-Free: Non-Alcoholic Beverages Market- Revenue and Forecast To 2028 (US$ Billion)
Figure 26. SAM Conventional: Non-Alcoholic Beverages Market- Revenue and Forecast To 2028 (US$ Billion)
Figure 27. SAM Non-Alcoholic Beverages Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 28. SAM Supermarkets & Hypermarkets: Non-Alcoholic Beverages Market- Revenue and Forecast To 2028 (US$ Billion)
Figure 29. SAM Convenience Stores: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 30. SAM Online Retail: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 31. SAM Others: Non-Alcoholic Beverages Market - Revenue and Forecast To 2028 (US$ Billion)
Figure 32. South & Central America: Non-Alcoholic Beverages Market, by Key Country- Revenue (2021) (US$ Million)
Figure 33. South & Central America: Non-Alcoholic Beverages Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. Brazil: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
Figure 35. Argentina: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
Figure 36. Rest of South & Central America: Non-Alcoholic Beverages Market- Revenue and Forecast to 2028 (US$ Billion)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Asahi Group Holdings, Ltd.
- Bolthouse Farms, Inc.
- Califia Farms, LLC
- Danone S.A.
- Keurig Dr Pepper, Inc.
- Nestlé S.A.
- PepsiCo Inc.
- Red Bull
- SUNTORY HOLDINGS LIMITED.
- The Coca-Cola Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 106.12 Million |
| Forecasted Market Value ( USD | $ 155.28 Million |
| Compound Annual Growth Rate | 6.5% |
