Non-Alcoholic Drinks - Armenia | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$212.10m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$35.01m in 2024.
Revenue, combined amounts to US$247.10m in 2024.
The revenue, at home is expected to grow annually by 2.34% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated United States (US$216bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$76.37 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 312.40m L by 2024.
Volume, out-of-home is expected to amount to 11.65m L in 2024.
Volume, combined is expected to amount to 324.10m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of -1.1% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 112.50L in 2024.

Definition:

The Non-Alcoholic Drinks market includes all beverages without alcohol. The beverages combined in this market are also often called liquid refreshment beverages (LRB). Not included are Hot Drinks, powdered drink mixes, and syrups.

Structure:

The Non-Alcoholic Drinks market consists of 4 markets:

Bottled Water includes carbonated and non-carbonated water which is sold in bottles or via water dispensers.
Soft Drinks covers water-based Non-Alcoholic Drinks, this market consists of Carbonated Soft Drinks, Non-Carbonated Soft Drinks, and Energy & Sports Drinks.
The Juices market consists of all types of bottled fruit and vegetable juices which contain 100% fruit and/or vegetable juice. The juices market is divided into Orange Juice, Apple Juice, Grapefruit Juice, Pineapple Juice, Grape Juice, and Other Juice, Juice Mixtures & Smoothies.
The Ready-to-Drink (RTD) Coffee & Tea market includes packaged coffee and tea beverages in liquid form, ready for consumption. This market is further split into Ready-to-Drink (RTD) Coffee and Ready-to-Drink (RTD) Tea.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Key players include The Coca-Cola Company, PepsiCo, Red Bull, Danone, and Keurig Dr Pepper.

Mineral Water
Soft Drinks
Fruit and vegetable juice

Hot Drinks
Powdered drink mixes and syrups (e.g. Post-Mix Drinks)

The Non-Alcoholic Drinks market in Armenia has been experiencing significant growth in recent years.

Customer preferences: Armenian consumers have shown a growing preference for healthier beverage options, which has contributed to the increasing demand for non-alcoholic drinks. This trend can be attributed to a greater awareness of the importance of maintaining a healthy lifestyle and making conscious choices when it comes to food and beverages. As a result, there has been a shift towards beverages that are low in sugar, free from artificial additives, and made from natural ingredients.

Trends in the market: One of the key trends in the Non-Alcoholic Drinks market in Armenia is the rising popularity of functional beverages. These are drinks that offer additional health benefits beyond basic hydration. Functional beverages often contain vitamins, minerals, or other bioactive ingredients that are believed to support specific health functions. This trend can be seen in the increasing availability of drinks that claim to boost energy, improve digestion, or enhance cognitive function. Another trend in the market is the growing demand for locally produced non-alcoholic drinks. Armenian consumers are showing a preference for beverages that are made using traditional recipes and locally sourced ingredients. This trend can be attributed to a desire to support local businesses and promote the country's cultural heritage. As a result, there has been a rise in the number of small-scale producers who are offering unique and artisanal non-alcoholic drinks.

Local special circumstances: One of the factors contributing to the growth of the Non-Alcoholic Drinks market in Armenia is the country's rich agricultural heritage. Armenia is known for its fertile soil and favorable climate, which allows for the cultivation of a wide variety of fruits and herbs. This abundance of natural resources has provided local producers with a diverse range of ingredients to create unique and flavorful non-alcoholic beverages. Additionally, the country's long history of winemaking has also influenced the development of non-alcoholic drinks, with many producers using traditional winemaking techniques to create alcohol-free alternatives.

Underlying macroeconomic factors: The growth of the Non-Alcoholic Drinks market in Armenia can also be attributed to several underlying macroeconomic factors. The country has experienced steady economic growth in recent years, which has resulted in an increase in disposable income and consumer spending. This has allowed more consumers to afford premium and healthier beverage options. Additionally, the government has implemented policies to promote the development of the food and beverage industry, which has created a favorable business environment for local producers. These factors, combined with changing consumer preferences, have contributed to the growth and development of the Non-Alcoholic Drinks market in Armenia.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

The non-alcoholic beverages industry encompasses liquid refreshment beverages (LRB) such as bottled water, carbonated soft drinks, energy drinks, fruit beverages, ready-to-drink coffee and tea, sports beverages and value-added water. Globally, bottled water is the leading liquid refreshment beverage category, registering more than 76 billion cases in volume sales. Carbonated soft drinks followed in second with a sales volume exceeding 36 billion cases.