Non-Alcoholic Drinks - Benelux

The Non-Alcoholic Drinks market in Benelux is experiencing significant growth and development. Customer preferences are shifting towards healthier beverage options, driving the demand for non-alcoholic drinks. Additionally, local special circumstances and underlying macroeconomic factors are contributing to the market's growth. Customer preferences in Benelux are increasingly focused on health and wellness. Consumers are becoming more conscious of their dietary choices and are seeking beverages that align with their health goals. As a result, there is a growing demand for non-alcoholic drinks that are low in sugar, natural, and provide functional benefits. This trend is driven by a desire for healthier lifestyles and a willingness to pay a premium for products that promote well-being. In terms of trends in the market, there is a notable increase in the consumption of functional beverages in Benelux. Functional beverages are drinks that offer additional health benefits beyond basic hydration. These can include energy drinks, sports drinks, and beverages fortified with vitamins, minerals, or other nutrients. The demand for functional beverages is driven by the desire for convenience and the need for on-the-go nutrition. Additionally, the rising popularity of plant-based and vegan diets has led to an increased demand for non-alcoholic drinks made from natural ingredients. Local special circumstances in Benelux also play a role in the development of the Non-Alcoholic Drinks market. The region is known for its high-quality agricultural products, including fruits and vegetables. This abundance of fresh produce allows for the production of a wide variety of non-alcoholic beverages, such as fruit juices, smoothies, and herbal teas. The local food and beverage industry in Benelux has capitalized on this advantage, offering consumers a diverse range of non-alcoholic drink options. Underlying macroeconomic factors are also contributing to the growth of the Non-Alcoholic Drinks market in Benelux. The region has a strong economy and a high standard of living, which allows consumers to prioritize their health and well-being. Additionally, the increasing focus on sustainability and environmental consciousness has led to a demand for non-alcoholic drinks that are produced using sustainable practices and packaging. This trend is driven by consumer awareness of the impact of their choices on the environment and a desire to support companies that prioritize sustainability. In conclusion, the Non-Alcoholic Drinks market in Benelux is experiencing growth and development due to shifting customer preferences towards healthier options, the rise of functional beverages, local special circumstances, and underlying macroeconomic factors. As consumers in Benelux become more health-conscious and environmentally aware, the demand for non-alcoholic drinks that promote well-being and sustainability is expected to continue to rise.

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.