The ” Non-Alcoholic Beverages Market ” is supposed to develop from US$ 1,247.20 billion out of 2021 to US$ 1,888.57 billion by 2028. It is assessed to develop at a CAGR of 6.2% from 2022 to 2028.
Non-Alcoholic Beverages incorporate different items like carbonated sodas, juices and nectars, packaged waters, dairy-based refreshments, elective dairy drinks, RTD tea and espresso, smoothies, and energy and sports drinks. Throughout recent years, mindfulness in regards to wellbeing and nourishment expanded fundamentally. Because of furious working timetables and occupied ways of life, individuals can’t focus on their wellbeing and wellness, which prompts different medical problems like diabetes, heftiness, skin infections, eye issues, heart sicknesses, and malignant growth. Individuals are progressively spending on supplement improved food and drinks to support their wellbeing and decrease the gamble of constant illnesses.
In 2021, Asia Pacific held the largest revenue share of the global non-alcoholic beverages market. Emerging countries in the Asia Pacific are witnessing a surge in health-conscious consumers, creating strong demand for non-alcoholic beverages, including energy drinks and fortified juices. Further, rising health consciousness, increasing awareness of the need for an active lifestyle, and the growing prevalence of lifestyle diseases inspire health-oriented consumers to opt for healthy and sugar-free drinks. This factor also contributes to the growth of the non-alcoholic beverages market across Asia Pacific. Further, there is a high prevalence of lactose intolerance in Asia Pacific countries such as Japan and South Korea, driving the demand for alternative dairy beverages. This factor also favors the non-alcoholic beverages market growth across Asia Pacific.