Asia Pacific Non-Alcoholic Beverages Market By Distribution Channels (Hypermarkets & Supermarkets, Speciality And Departmental Stores, Online Stores), Products (Soft Drinks, Bottled Water, Tea & Coffee, Bottled Juices, Dairy Drinks)
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Non-Alcoholic Beverages Market
The Non-Alcoholic Beverages Market in Asia Pacific is expected to register a CAGR of 5.8% during the forecast period (2017 - 2023). The market for non-alcoholic beverages would witness significant growth during the forecast period. Rapid expansion in the urban population and growing disposable income are some the major factors driving the market growth in the global space.
Additionally, complimenting factors such as growing awareness about consuming healthy food, growing incidences of diseases due to unhealthy lifestyle have contributed to demand for non-alcoholic beverages. The soft drinks segment is the leading market segment with widespread adoption with the non-alcoholic beverages market. Nevertheless, the challenges related to health such as obesity and diabetics would restrict its growth during the forecast period. Government regulations regulating the use of sugar in the soft drinks and an increase in import duties would further drive down the market for soft drinks.
On the other hand, the juice and dairy drinks segment would have significant market opportunities during the forecast period. Based on the Distribution Channels, the Non-Alcoholic Beverages market is segmented into Hypermarkets & Supermarkets, Specialty and Departmental Stores, Online Stores, and Others. Based on the Products, the market is segmented into Soft Drinks, Bottled Water, Tea & Coffee, Bottled Juices, Dairy Drinks, and Others. The countries included in the report are China, Japan, India, Australia, Singapore, Malaysia, and Rest of Asia Pacific. The report covers the analysis of key stakeholders of the Cloud Orchestration market. Key companies profiled in the report include A.G. Barr, Dr. Pepper Snapple Group, Dydo Drinco, Attitude Drinks, Co., Livewire Energy, Calcol, Inc., Sofina (Danone), Nestle, The Coca-Cola Company, and PepsiCo, Inc.