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Non-Alcoholic Drinks - Cameroon

Cameroon
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$1.23bn in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$233.50m in 2024.
  • Revenue, combined amounts to US$1.47bn in 2024.
  • The revenue, at home is expected to grow annually by 4.62% (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$41.98 are generated in 2024.
  • In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 1.18bn L by 2024.
  • Volume, out-of-home is expected to amount to 51.44m L in 2024.
  • Volume, combined is expected to amount to 1.23bn L in 2024.
  • The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 1.4% in 2025.0.
  • The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 40.12L 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.

In-Scope

  • Mineral Water
  • Soft Drinks
  • Fruit and vegetable juice

Out-Of-Scope

  • Hot Drinks
  • Powdered drink mixes and syrups (e.g. Post-Mix Drinks)
Non-Alcoholic Drinks: market data & analysis - Cover

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Non-Alcoholic Drinks: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: May 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Non-Alcoholic Drinks market in Cameroon is experiencing significant growth and development due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Cameroon are shifting towards healthier beverage options, with an increasing demand for non-alcoholic drinks such as bottled water, fruit juices, and carbonated soft drinks. This can be attributed to a growing awareness of health and wellness among consumers, who are seeking beverages that are low in sugar, artificial additives, and preservatives. Additionally, the rising middle class in Cameroon has led to an increase in disposable income, allowing consumers to afford premium non-alcoholic drinks. Trends in the market indicate a rising popularity of functional beverages in Cameroon. Functional beverages are drinks that provide additional health benefits beyond basic hydration, such as energy-boosting, immune-boosting, or detoxifying properties. This trend can be attributed to an increasing focus on personal health and wellness, as well as the influence of global health trends. Consumers are seeking beverages that not only quench their thirst but also provide added nutritional value. Local special circumstances in Cameroon also contribute to the development of the Non-Alcoholic Drinks market. The country has a diverse population with different cultural backgrounds and preferences. This diversity creates opportunities for beverage companies to introduce new flavors and varieties that cater to specific local tastes. For example, traditional African beverages made from local fruits and herbs are gaining popularity among consumers who appreciate the unique flavors and cultural significance of these drinks. Underlying macroeconomic factors play a crucial role in the growth of the Non-Alcoholic Drinks market in Cameroon. The country has been experiencing steady economic growth, which has resulted in an increase in disposable income and improved living standards. This has led to a higher demand for non-alcoholic beverages as consumers have more purchasing power. Furthermore, urbanization and population growth have also contributed to the expansion of the market, as more people are moving to cities and seeking convenient and refreshing beverage options. In conclusion, the Non-Alcoholic Drinks market in Cameroon is developing rapidly due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Consumers are increasingly opting for healthier beverage options, such as bottled water and fruit juices, while functional beverages are gaining popularity. The diverse population and cultural preferences in Cameroon create opportunities for beverage companies to introduce new flavors and varieties. Additionally, steady economic growth, urbanization, and population growth contribute to the expansion of the market.

    Methodology

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Non-alcoholic beverages and soft drinks in the U.S. - statistics & facts

    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.
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