According to the research report titled ‘Global Non-alcoholic Beverage Market Size study, By Product (CSD, Fruit Beverages, Bottled Water, Functional Beverages, Sports Drinks), By Distribution Channel (Supermarkets and general merchandisers, Food Service & Drinking Places, Convenience Stores & Gas Stations, Vending Machine Operations, Other) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global non-alcoholic beverage market size is anticipated to expand at a CAGR of 4.8% during 2021-2027.
 

Widespread adoption of healthy lifestyle owing to growing health cognizance coupled with technological advancements in packaging and labelling sectors are largely boosting the global non-alcoholic beverage market in the forthcoming years.
 

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With surging population, the demand for non-alcoholic food and beverages is also intensifying which is likely to enhance the market outlook. It is estimated that by 2050, global population base is expected from grow 7.7 billion to 9.7 billion.
 

However, despite the positive trends, strict regulatory restrictions might hamper the market progress in the coming years.
 

Worldwide non-alcoholic beverage market is fragmented on the basis of product (CSD, functional beverages, fruit beverages, bottled water, sports drinks), and distribution channel (supermarkets and general merchandisers, food service & drinking places, vending machine operations, convenience stores & gas stations, others).
 

From a regional perspective, as per the report, the industry size spreads across North America (U.S., Canada), Europe (UK, Germany, Spain, France, Italy, ROE), Asia Pacific (Japan, China, South Korea, India, Australia, Rest of APAC), and Latin America (Mexico and Brazil).
 

Among the listed geographies, Asia Pacific accounts for a major share in global non-alcoholic beverage industry owing to increasing disposable income, surging population and low-cost labor & access to raw materials in countries such as India, China, Thailand, and Malaysia. Expanding demand for non-alcoholic food and beverage items is also likely to propel the regional market growth.
 

Considering the competitive landscape, companies such as Coca-Cola Co., Kraft Heinz Co., Unilever plc, Nestlé SA, Kellogg Co., Reed's Inc., Dr Pepper Snapple Group Inc., Jones Soda Co., PepsiCo Inc. and Appalachian Brewing Co., are among the leading competitors in the global non-alcoholic beverage market.