Global Beverage Market Scope:
|Market size value in 2018||US$1,544.610 billion|
|Market size value in 2024||US$1,854.589 billion|
|Growth Rate||CAGR of 3.10% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Packaging Type, Distribution Channel, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Unilever, The Coca Cola Company, Nestle, Pepsi co Inc., Jones Soda Co., Danone, Appalachian Brewing Company, GCMMF (Amul), Keurig Dr Pepper Inc., Bacardi Limited, Carlsberg Breweries A/S, Heineken N.V., Suntory Holding Limited, Constellation Brands Inc., Molson Coors Brewing Company, United Breweries Ltd., Brown-Forman Corporation|
|Customization scope||Free report customization with purchase|
The global beverages market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the beverage market size by 2024?
A1. The global beverage market is projected to reach a market size of US$1,854.589 billion in 2024.
Q2. What factors are anticipated to drive the beverage market?
A2. The market is projected to grow at a decent rate during the forecast period owing to the growing per capita global consumption of drinks in major developing regions owing to rising disposable income and changing preferences of consumers towards ready-to-drink beverages.
Q3. What are the growth prospects for the beverage market?
A3. The global beverage market is projected to grow at a CAGR of 3.10% over the forecast period.
Q4. What is the size of the global beverage market?
A4. The beverage market is evaluated at US$1,544.610 billion for the year 2018.
Q5. Which region holds the largest market share in the beverage market?
A5. The Asia Pacific is expected to hold the dominating share in the beverage market owing to rising disposable income, rapid urbanization coupled with changing the lifestyle of consumers.
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