Beverages & Soft Drinks Market Forecast, 2022-2027

Beverages & Soft Drinks Market Size is estimated to reach $169.3 billion by 2027 and it is poised to grow at a CAGR of 4.8% over the forecast period of 2022-2027. Any liquid that can quench the thirst after drinking it is known as a beverage. Beverages & soft drinks include bottled water, carbonated soft drinks, RTD Tea & Coffee or Caffeinated drinks, Fruit juice, Milk or flavored milk or other alcoholic beverages, or fermented alcoholic drinks like beer and wine, seltzer water, or others. Most beverages & soft drinks or carbonated drinks contain sugar or sugar substitutes, soda & other additives such as colors, flavors, stabilizers & preservatives. Beverages & soft drinks are consumed as fresheners but nowadays functional beverages which contain non-traditional ingredients like minerals, vitamins, amino acids, dietary fibers (DFs), probiotics, added raw fruits, etc. are popular among consumers.

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According to studies, drinking beverages & soft drinks can help relieve constipation symptoms like stomach pain and irregular bowel movements. Gluten-free beverages have gained significant popularity among health-conscious consumers, as people with celiac disease or allergies discover the benefits of gluten-free beverages and gluten-free beverages & soft drinks have proven to be beneficial for people suffering from inflammatory diseases and autoimmune disorders. The rising popularity of flavored alcoholic beverages and healthier alternatives has led to a worldwide demand for ready-to-drink beverages. Aside from that, several manufacturers are producing novel product varieties to broaden their existing product portfolio. Increased demand for low alcohol, low calorie & low carbohydrate beverages propelling the growth of the beverages & soft drinks market, as well as brand awareness advertising by manufacturers, are the fundamental reasons driving the beverages & soft drinks market size during the forecast period 2022-2027.

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Beverages & Soft Drinks Market Report Coverage

The report: “Beverages & Soft Drinks Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Beverages & Soft Drinks Market.

By Type: Alcoholic Beverages (Beer, Wine, Seltzer water); Non-Alcoholic Beverages (Caffeinated drinks, Bottled Water, Carbonated Drinks, RTD Tea & Coffee, Fruit Juice, Milk).

By Packaging Type: Metal Cans, Glass Bottles and Plastic Bottles.

By Distribution Channel: Supermarkets, Hypermarkets, E-commerce websites and others.


By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia and the Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia and New Zealand and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of the World (the Middle East and Africa).

Key Takeaways

  • Geographically, North America held a dominant market share in the year 2021 due to the rise in the demand for beverages & soft drinks by consumers.

  • Owing to desirable nutrients and bioactive substances such as antioxidants, dietary fibers, prebiotics, proteins, peptides, unsaturated fatty acids, minerals and vitamins, functional beverages & soft drinks are being used as an alternative to beer. They have anti-stress, anti-aging, antioxidant and anti-inflammatory qualities, as well as boosting the immune system and improving physical and mental health that will help the market's growth during the forecast period of 2022-2027. However, lack of consumer awareness in many regions and the absence of distribution channels may slightly hinder the growth of the global beverages & soft drinks market throughout the forecast period.

  • A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Beverages & Soft Drinks Market Report.


  • Beverages & Soft Drinks Industry 

    Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Beverages & Soft Drinks Market. The top 10 Beverages & Soft Drinks Market companies include:

    1. Anheuser-Busch InBev
    2. Barefoot Cellars
    3. Blue Marble
    4. Boathouse Beverage Co
    5. Future Proof Brands LLC
    6. Cutwater Spirits
    7. High Noon Spirits Company
    8. Kona Brewing Co
    9. The Coca Cola Company
    10. Mark Anthony Brands International

    Recent Developments

    • In October 2021, Anheuser Busch InBev India (AB InBev) launched Budweiser Beats in the non-alcoholic energy drink category with a price range of 90 Rs for a 250 ml can. The company declared its third-quarter results in October 2021 show a hike in total volume growth by 3.4%, from that beer, contributed 2.8% & non-beer 11.9%. 
    • In April 2021, Bluemarble expand from 181000 sq. ft to 425000 sq. ft with multiple new canning lines, In-house sleeving and a variety of packaging systems to increase the production of alcoholic & non-alcoholic based products including ready to drink a cocktail, sparkling fruit juices, kombuchas, vitamin wellness drinks, canned water and of course vodka, gin, tequila, whiskey and rum-based hard seltzers.
    • In June 2019, Barefoot Cellars most awarded brand in the U.S. launched its new product ‘Barefoot Wine To Go’ in four delicious flavors (Muscat, Rosé, Pinot Gigi and Chardonnay) in a 500 ml bottle packed in a cardboard box. This product launch is expected to expand the business.

  • Outlook


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Location: United States

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