Global Beverage Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Alcoholic Beverages, Non-Alcoholic Beverages, Bottled Water, Carbonated Soft Drinks, Fruit Juice, Milk, Dairy Milk, Almond Milk, Soy Milk, Rice Milk, Coconut Milk, Cashew Milk), By Packaging Type (Cartons, Cans, Bottles, Others), By Distribution Channel (Online, Offline, Supermarkets, Departmental Stores, Specialty Stores), And By Geography – Forecast From 2019 To 2024

Published:  Mar 2022 Report Code: KSI061612831 Pages: 210
The global beverage market is expected to grow from US$1,561.084 billion in 2019 to US$1,859.278 billion by 2026 increasing at a compound annual growth rate of 2.53% over the period. 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. Moreover, the growing focus by key market players is investing heavily in mergers, acquisitions, and product launches in order to gain a competitive advantage over other players also shows the growth potential of the market in the coming years. Furthermore, the growing per capita consumption of alcoholic drinks and consumer preferences regarding premium products is also expected to augment the market growth. However, rising health concerns regarding the sugar content of packed beverages coupled with health concerns regarding the consumption of alcohol may hinder the growth of the market during the forecast period. However, the launch of new products in the non-alcoholic segment such as with drinks healthier content and zero sugar is further projected to create ample opportunities for the market during the forecast period and beyond. Geographically the Asia Pacific is expected to hold the dominating share in the market owing to rising disposable income, rapid urbanization coupled with changing the lifestyle of consumers.
 
DRIVERS
Growing demand for healthy drinks.
Rising disposable income.
High demand for bottled water.
 
RESTRAINTS
Rising health consciousness regarding the consumption of both alcoholic beverages.
 
INDUSTRY UPDATES
In January 2019, The Coca-Cola Company acquired Chi Ltd., a leading company in beverages like juices and value-added dairy.
In August 2019, Diageo announced the acquisition of Seedlip, the world’s first distilled non-alcoholic spirits brand as a majority shareholder.
 
Some of the major players discussed in this report are Unilever, The Coca Cola Company, GCMMF (Amul), Bacardi Limited, Carlsberg Breweries A/S, and Heineken N.V. among others.

Global Beverage Market Scope:

Report Metric Details
 Market size value in 2019  US$1,561.084 billion
 Market size value in 2026  US$1,859.278 billion
 Growth Rate  CAGR of 2.53% from 2021 to 2026
 Base year  2019
 Forecast period  2021–2026
 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

Segmentation:

The global beverages market has been analyzed through the following segments:

  • By Type
    • Alcoholic Beverages
      • Non-Alcoholic Beverages  
      • Bottled Water
      • Carbonated Soft Drinks
      • Fruit Juice
      • Milk 
        • Dairy
        • Almond
        • Soy
        • Rice
        • Oats
        • Coconut
        • Cashew
        • Others
  • By Packaging Type
    • Cans
    • Bottles
    • Others
  • By Distribution Channel
    • Online
    • Offline
      • Supermarkets
      • Departmental Stores
      • Convenience and Independent Store
      • Foodservice
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Netherlands
      • Russia
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • United Arab Emirates
      • South Africa
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the beverage market size by 2026?
A1. The global beverage market is projected to reach a market size of US$1,859.278 billion in 2026.

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 2.53% over the forecast period.

Q4. What is the size of the global beverage market?
A4. The beverage market is evaluated at US$1,561.084 billion for the year 2019.

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.

1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Scope of the Study

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

2.3. Validation

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Segmentation

4.2. Drivers

4.2.1. Growing Demand for Healthy Drinks

4.2.2. High Demand for Bottled Water

4.3. Restraints

4.3.1. Rising Health Consciousness Regarding Alcoholic Beverages

4.4. Porter's Five Forces Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. GLOBAL BEVERAGE MARKET BY TYPE

5.1. Introduction

5.2. Alcoholic Beverage

5.3. Non-Alcoholic Beverage

5.3.1. Bottled Water

5.3.2. Carbonated Soft Drinks

5.3.3. Fruit Juice

5.3.4. Milk

5.3.4.1. Dairy

5.3.4.2. Almond

5.3.4.3. Soy

5.3.4.4. Rice

5.3.4.5. Oat

5.3.4.6. Cashew

5.3.4.7. Coconut

5.2.4.8. Others

6. GLOBAL BEVERAGE MARKET BY PACKAGING TYPE

6.1. Introduction

6.2. Cans

6.3. Bottles

6.4. Others

7. GLOBAL BEVERAGE MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Online

7.3. Offline

7.3.1. Supermarkets

7.3.2. Departmental Stores

7.3.3. Convenience and Independent Stores

7.3.4. Foodservice

8. GLOBAL BEVERAGE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Colombia

8.3.4. Chile

8.3.5. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Italy

8.4.6. Netherlands

8.4.7. Russia

8.4.8. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. U.A.E

8.5.3. South Africa

8.5.4. Israel

8.5.5. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Australia

8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

9.5. Market Share Analysis of Key Players by Segment

9.5.1. Alcohol

9.5.2. Carbonated Soft Drinks

9.5.3. Bottled Water

10. COMPANY PROFILES

10.1. Unilever

10.1.1. Overview

10.1.2. Products and Services

10.1.3. Financials

10.1.4. Key Developments

10.2. The Coca-Cola Company

10.2.1. Overview

10.2.2. Products and Services

10.2.3. Financials

10.2.4. Key Developments

10.3. Nestle

10.3.1. Overview

10.3.2. Products and Services

10.3.3. Financials

10.3.4. Key Developments

10.4. Pepsi Co Inc

10.4.1. Overview

10.4.2. Products and Services

10.4.3. Financials

10.4.4. Key Developments

10.5. Jones Soda Co.

10.5.1. Overview

10.5.2. Products and Services

10.5.3. Financials

10.5.4.Key Developments

10.6. Danone

10.6.1. Overview

10.6.2. Products and Services

10.6.3. Financials

10.6.4. Key Developments

10.7. Appalachian Brewing Company

10.7.1. Overview

10.7.2. Products and Services

10.7.3. Key Developments

10.8. GCMMF (Amul)

10.8.1. Overview

10.8.2. Products and Services

10.8.3. Key Developments

10.9. Keurig Dr Pepper Inc.

10.9.1. Overview

10.9.2. Products and Services

10.9.3. Financials

10.9.4. Key Developments

10.10. Bacardi Limited

10.10.1. Overview

10.10.2. Products and Services

10.10.3. Key Developments

10.11. Carlsberg Breweries A/S

10.11.1. Overview

10.11.2. Products and Services

10.11.3. Financials

10.11.4. Key Developments

10.12. Heineken N.V.

10.12.1. Overview

10.12.2. Products and Services

10.12.3. Financials

10.12.4. Key Developments

10.13. Suntory Holdings Limited

10.13.1. Overview

10.13.2. Products and Services

10.13.3. Key Developments

10.14. Constellation Brands Inc.

10.14.1. Overview

10.14.2. Products and Services

10.14.3. Financials

10.14.4. Key Developments

10.15. Molson Coors Brewing Company

10.15.1. Overview

10.15.2. Products and Services

10.15.3. Financials

10.15.4. Key Developments

10.16. United Breweries Group

10.16.1. Overview

10.16.2. Products and Services

10.17. Brown-Forman Corporation

10.17.1. Overview

10.17.2. Products and Services

10.17.3. Financials

10.17.4. Key Developments

LIST OF FIGURES

LIST OF TABLES

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
 

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