North America Non-Alcoholic Beverage Market

North America Non-Alcoholic Beverage Market Size (2024 to 2029)

The size of the North America non-alcoholic beverage market is expected to be worth USD 370.22 billion in 2024 and grow at a CAGR of 5.46% from 2024 to 2029 to achieve USD 482.96 billion by 2029. The North America Non-Alcoholic Beverage market is developing at an exceptionally quick pace.

Non-alcoholic beverages are the ones that do not contain alcohol. These beverages hydrate, and some provide important nutrients and vitamins the body needs. Others energize and provide the required sugar and calories. Other uses of Non-alcoholic beverages in hotels are for the use of making cocktails and mock tails. As they stimulate the plate & act as an aperitif. They are found in different forms like in packets, bottles, canned, pressured containers, etc. Some examples of beverages are e.g. aerated waters, mineral water, juices, squashes, syrups, tonics, soda, Pepsi, coke, root beer, etc.

The significant driver is the change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes. Also, a surge in health concerns has led a large chunk of the population in developed and developing regions to prefer non-alcoholic over alcoholic drinks in developed and developing nations, which is boosting the industry. Also growing food and beverage industries are further expected to boost this industry.

This research report on the North America Non-Alcoholic Beverage Market is segmented and sub-segmented into the following categories.

North America Non-Alcoholic Beverage Market By Product Type

• Soft drinks
• Dairy drinks
• Tea & coffee
• Bottled water
• Juice
• Others

The soft drinks segment has nearly covered 30% of the market share. The tea & coffee segment is expected to grow at the highest rate and is identified as one of the profitable targets for investment. Based on distribution channel, the market is segmented into Specialty Stores, Online Stores, Super Markets/ Hyper Markets, Convenience Stores, Departmental Stores, and Others.

North America Non-Alcoholic Beverage Market By Region 

• US
• Canada
• Mexico

North America has the highest no. Share in this market. The USA has the highest demand, followed by Canada and Mexico. The North American region is largely driven by industrial concerns.

KEY MARKET PLAYERS

Major key players in the North America Non-Alcoholic Beverage Market are A.G. Barr, Dr. Pepper Snapple Group, Dydo Drinco, Attitude Drinks, Co., Livewire Energy; Calcol, Inc., Danone, Nestle S.A., PepsiCo, Inc., and the Coca-Cola Company.