Non-Alcoholic Drinks - Cambodia | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$486.60m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$310.30m in 2024.
Revenue, combined amounts to US$796.90m in 2024.
The revenue, at home is expected to grow annually by 3.52% (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$28.42 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 679.50m L by 2024.
Volume, out-of-home is expected to amount to 111.50m L in 2024.
Volume, combined is expected to amount to 791.00m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 1.0% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 39.69L 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 Cambodia has been experiencing significant growth in recent years.

Customer preferences: Cambodian consumers have shown a growing preference for healthier beverage options, which has led to an increase in demand for non-alcoholic drinks. This trend is in line with the global shift towards healthier lifestyles and the increasing awareness of the negative health impacts of consuming excessive amounts of alcohol. Additionally, the younger generation in Cambodia is more health-conscious and actively seeks out beverages that are low in sugar and artificial additives.

Trends in the market: One of the key trends in the Non-Alcoholic Drinks market in Cambodia is the rising popularity of functional beverages. These beverages are formulated with specific ingredients that offer health benefits beyond basic hydration. Functional beverages, such as energy drinks, sports drinks, and herbal teas, are gaining traction among Cambodian consumers who are looking for beverages that can provide them with a boost of energy, improve their overall well-being, or help them recover after physical activities. Another trend in the market is the increasing availability of plant-based and natural beverages. Cambodian consumers are becoming more conscious of the environmental impact of their consumption choices and are seeking out beverages that are made from natural ingredients and have a lower carbon footprint. Plant-based beverages, such as almond milk, coconut water, and herbal infusions, are becoming more widely available in supermarkets and specialty stores across the country.

Local special circumstances: Cambodia's rapidly growing tourism industry has had a significant impact on the Non-Alcoholic Drinks market. As the number of international tourists visiting the country continues to rise, there is a growing demand for non-alcoholic beverages that cater to the preferences and dietary restrictions of tourists. This has led to an increase in the availability of international brands and a wider variety of non-alcoholic options in hotels, restaurants, and tourist hotspots.

Underlying macroeconomic factors: Cambodia's strong economic growth and rising disposable incomes have also contributed to the development of the Non-Alcoholic Drinks market. As people's purchasing power increases, they are able to afford a wider range of beverages and are more willing to try new and innovative products. Additionally, the expanding middle class in Cambodia has led to a shift in consumer preferences towards higher-quality and premium beverages, which has further fueled the growth of the market. In conclusion, the Non-Alcoholic Drinks market in Cambodia is experiencing growth due to changing customer preferences towards healthier options, the rising popularity of functional and natural beverages, the impact of the tourism industry, and the country's strong economic growth. These trends are expected to continue driving the development of the market in the coming years.

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.