Published on : Oct 14, 2019
Rising levels of environment and health awareness among consumers are major factors that are influencing future developments in the non-alcoholic beverage industry. In addition, an increasing number of people belonging to the newer generations are reducing the consumption or completely giving up on alcohol.
Consequently, beverage companies in the non-alcoholic segment are pushing to keep up with such changes through the innovations of new products, and emphasizing more on sustainability, wellness and health trends.
Functional and fermented drinks are gaining traction owing to their role in health improvement and the increased variety of flavors available in the market. Numerous drinks in the market are capable of aiding in digestive, immune, and skin health among others, which are gaining popularity around the world, particularly in the nations of the Asia Pacific.
A study of the global non-alcoholic beverage industry is compiled and published in the report titled, “Top Trends in Non-Alcoholic Beverages 2019: Exploring the latest consumer and innovation trends, and future opportunities” that has been added to the massive research repository of Market Research Hub (MRH).
Personalization has also become a major trend that is rising rapidly in the non-alcoholic beverage market, even as consumers are demanding for unique experiences which add value to the product, which is pushing major brands to increase efforts towards innovation. In addition, the rising awareness of consumption habits on the environment are also pushing buyers to seek brands that are adopting sustainable practices.
Unlike alcoholic drinks, non-alcoholic beverages are easily available through a variety of distribution channels and outlets, and in most countries the regulations relevant to these products are not as stringent. This is a major factor in the adoption of non-alcoholic beverages which are consumed by a much wider demographic.
Non-Alcoholic Beverages Market: Report Overview
The report on the global non-alcoholic beverages industry provides the readers with a detailed analysis on the landscape of personal care on a worldwide scale. Industry-based forecasting models include a full analysis of the research publication and primary interviews with industry participants in addition to consumer data.
The report also includes detailed interviews conducted by leading market analysts with industry savants, food and beverage experts and industry analysts to provide key validations of the production volume and relevant assumptions in the study.
The non-alcoholic beverages industry report on a global scale foresees the performance of the market progress in terms of volumes forecast by different categories including manufacturing, marketing, technology, and costs, in addition to factors such as the growth of the global non-alcoholic beverages market.
For each of these categories, business development strategies and market projections adopted by key market players for specific strategies has also been added to the report. Valuable insights which can be helpful for manufacturers operating in the US cosmetics market are provided in the report. Assessment of pricing analysis, supply-demand equation, barriers to market entry, and market expansion strategies, makes the report a highly credible source of data for business professionals interested in the global non-alcoholic beverages manufacturing market.
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