Non-Alcoholic Drinks - Finland | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$1.95bn in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$840.30m in 2024.
Revenue, combined amounts to US$2.79bn in 2024.
The revenue, at home is expected to grow annually by 4.27% (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$351.40 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 751.20m L by 2024.
Volume, out-of-home is expected to amount to 66.16m L in 2024.
Volume, combined is expected to amount to 817.40m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 1.2% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 135.40L 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 Finland has been experiencing significant growth in recent years. Customer preferences have shifted towards healthier and more natural beverages, leading to an increased demand for non-alcoholic options. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the market. Customer preferences in Finland have been influenced by a growing health consciousness and a desire for more natural products. Consumers are becoming more aware of the negative health effects of sugary drinks and are actively seeking out alternatives. As a result, there has been a rise in demand for non-alcoholic drinks that are low in sugar, free from artificial additives, and made from natural ingredients. This trend is in line with global market preferences, as consumers worldwide are increasingly prioritizing health and wellness. The market in Finland has also been influenced by local special circumstances. Finland has a strong tradition of clean and pure natural resources, such as water and berries, which are often used as ingredients in non-alcoholic beverages. This has led to the development of a wide range of locally produced drinks that highlight the country's natural resources and traditional flavors. Finnish consumers have shown a preference for products that are locally sourced and have a strong connection to their cultural heritage. Underlying macroeconomic factors have also played a role in the growth of the Non-Alcoholic Drinks market in Finland. The country has a high standard of living and a strong economy, which has resulted in increased disposable income for consumers. This has allowed them to spend more on premium and healthier beverages. Additionally, Finland has a well-developed retail infrastructure, with a wide variety of distribution channels available to manufacturers. This has made it easier for non-alcoholic drink brands to reach consumers and expand their market share. In conclusion, the Non-Alcoholic Drinks market in Finland is developing in response to customer preferences for healthier and more natural beverages. This trend is in line with global market preferences and is driven by a growing health consciousness among consumers. Local special circumstances, such as Finland's tradition of clean and pure natural resources, have also contributed to the development of the market. Furthermore, underlying macroeconomic factors, including a high standard of living and a well-developed retail infrastructure, have supported the growth 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.