Non-alcoholic Beverages Market in India 2022-2027: Sector Set to Grow by 8.85% Annually on the Back of Shifting Consumer Preferences - ResearchAndMarkets.com
The use of non-alcoholic beverages has increased nationwide due to consumer preferences shifting and advances in product packaging and to increase affordability.
The "Non-alcoholic Beverages Market in India 2022-2027" report has been added to ResearchAndMarkets.com's offering.
Due to the high levels of sugar and artificial sweeteners in traditional carbonated soft drinks, a lack of competent labor, and high capital expenditures, the market for traditional non-alcoholic beverages has faced several difficulties.
The use of non-alcoholic beverages has increased nationwide due to consumer preferences shifting and advances in product packaging and to increase affordability. The non-alcoholic beverage industry in India is anticipated to expand at a compound annual growth rate (CAGR) of 8.85% during the forecast period to reach INR 601.80 Bn by the end of FY 2027.
Segment insights:
The non-alcoholic beverages market is segmented into carbonated and non-carbonated beverages. The market for carbonated beverages is projected to surge at a CAGR of 5.57% during FY 2022 to FY 2027 to reach INR 185.96 billion at the end of the forecast period.
The category of carbonated beverages is anticipated to lose market share during the projected period because of the non-carbonated beverages segment's quick expansion. Aerated beverages that aren't cola, in particular fruit drinks, have grown in popularity recently. Leading companies are changing their business strategies in response to consumer worries about their health. The market for non-carbonated beverages has expanded rapidly because of growing consumer health consciousness and easier accessibility.
Competitive insights:
Major market players like Dabur Limited have introduced their lineup of immunity-boosting vegan-friendly drinks like Dabur Giloy Neem Juice, Dabur Amla Juice, and Dabur's ImuDab Syrup in response to the rising demand for healthy functional drinks following the onset of COVID-19.
Key Topics Covered:
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Industry ecosystem
Chapter 4: Market overview
4.1. India non-alcoholic beverages market overview
4.2. Non-alcoholic beverage market size and growth
4.3. SWOT analysis on Indian non-alcoholic beverage market
Chapter 5: Market segmentation
5.1. Non-alcoholic beverages market segmentation - Based on products (FY 2020 and FY 2027e)
- Carbonated beverages
- Non-carbonated beverages
5.2. Carbonated beverages market size and growth forecast (FY 2020 - FY 2027e)
5.3. Non-carbonated beverages market size and growth forecast (2020 FY - FY 2027e)
Chapter 6: COVID-19 impact assessment
6.1. Overview
6.2. Past, present, and future of the COVID-19 crisis
6.3. Impact assessment on non-alcoholic beverage market segment
6.4. Impact assessment of post pandemic scenario
Chapter 7: Trade analysis
7.1. Export of non-alcoholic beverages
- Based on value
- Based on volume
7.2. Import of non-alcoholic beverages
- Based on value
- Based on volume
Chapter 8: Market influencers
8.1. Key growth drivers of the sector
8.2. Key factors deterring the growth of the sector
Chapter 9: Competitive landscape
Chapter 10: Emerging Startups
10.1. Emerging Start-ups
Chapter 11: Recent developments
11.1. Recent developments
Chapter 12: Appendix
Companies Mentioned
- Dabur India Limited
- ITC Limited
- Nestle India Limited
- Bisleri International Private Limited
- Coca-Cola India Private Limited
- Hector Beverages Private Limited
- Parle Agro Private Limited
- PepsiCo Holdings India Private Limited
- Red Bull India Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/wgml73
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