Non-Alcoholic Drinks - Benin | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$427.50m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$42.44m in 2024.
Revenue, combined amounts to US$469.90m in 2024.
The revenue, at home is expected to grow annually by 3.20% (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$30.36 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 422.80m L by 2024.
Volume, out-of-home is expected to amount to 11.51m L in 2024.
Volume, combined is expected to amount to 434.30m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 2.0% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 30.03L 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 Benin has been experiencing significant growth in recent years.

Customer preferences: Benin has a young and growing population, and this demographic group is increasingly health-conscious. As a result, there is a growing demand for non-alcoholic drinks that are perceived as healthier alternatives to sugary carbonated beverages. Consumers in Benin are also becoming more adventurous in their taste preferences, seeking out new and exotic flavors in their beverages.

Trends in the market: One trend that has been driving the growth of the Non-Alcoholic Drinks market in Benin is the increasing popularity of natural and organic products. Consumers are looking for drinks that are made with natural ingredients and have no artificial additives. This trend is in line with the global shift towards healthier and more sustainable lifestyles. Another trend in the market is the rise of functional beverages. These are drinks that offer additional health benefits beyond hydration. Examples include energy drinks, sports drinks, and drinks with added vitamins and minerals. This trend is driven by consumers' desire for beverages that can help them meet their specific health and wellness goals.

Local special circumstances: Benin is a country with a rich cultural heritage, and this is reflected in the local beverage market. Traditional drinks such as palm wine and ginger beer are still popular among consumers. These drinks are often made using traditional methods and ingredients, and they have a unique taste that appeals to local consumers.

Underlying macroeconomic factors: The Non-Alcoholic Drinks market in Benin is also influenced by macroeconomic factors. The country has experienced steady economic growth in recent years, which has led to an increase in disposable income. This has allowed consumers to spend more on non-essential items such as beverages. In addition, the government has implemented policies to promote the growth of the food and beverage industry, which has created a favorable business environment for companies operating in the Non-Alcoholic Drinks market. In conclusion, the Non-Alcoholic Drinks market in Benin is growing due to changing customer preferences, such as the demand for healthier and more natural products, as well as the rise of functional beverages. The market is also influenced by local special circumstances, such as the popularity of traditional drinks. Finally, macroeconomic factors, such as economic growth and government policies, are also contributing to the development of the market.

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.