Non-Alcoholic Drinks - G7

The Non-Alcoholic Drinks market in G7 countries has been experiencing significant growth in recent years. Customer preferences have shifted towards healthier beverage options, leading to increased demand for non-alcoholic drinks. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of this market.

Customer preferences: Consumers in G7 countries are increasingly prioritizing their health and wellness, leading to a shift in their beverage preferences. They are opting for non-alcoholic drinks that offer health benefits and are free from artificial additives. This trend is driven by a growing awareness of the negative effects of excessive alcohol consumption and the desire to lead a healthier lifestyle. As a result, there has been a surge in the demand for non-alcoholic beverages such as herbal teas, flavored water, and functional drinks.

Trends in the market: One of the key trends in the Non-Alcoholic Drinks market in G7 countries is the rise of functional beverages. These drinks are formulated with added vitamins, minerals, and other nutrients to provide specific health benefits. Functional beverages such as energy drinks, sports drinks, and probiotic drinks have gained popularity among health-conscious consumers. They are seen as a convenient way to supplement their diet and boost their overall well-being. Another trend in the market is the increasing demand for natural and organic non-alcoholic drinks. Consumers are becoming more conscious of the ingredients used in their beverages and are seeking products that are made with natural and organic ingredients. This trend is driven by concerns about the potential health risks associated with artificial additives and the desire for more sustainable and environmentally-friendly options.

Local special circumstances: In each G7 country, there are specific local circumstances that influence the development of the Non-Alcoholic Drinks market. For example, in the United States, there is a strong focus on health and wellness, leading to a high demand for functional beverages and natural/organic options. In the United Kingdom, there is a growing trend towards premium non-alcoholic drinks, with consumers willing to pay a higher price for high-quality products. In Japan, there is a long-standing tradition of consuming non-alcoholic drinks such as green tea and matcha, which has contributed to the growth of the market.

Underlying macroeconomic factors: Several macroeconomic factors have contributed to the development of the Non-Alcoholic Drinks market in G7 countries. These include rising disposable incomes, urbanization, and changing demographics. As incomes rise, consumers have more purchasing power to spend on premium and healthier beverage options. Urbanization has led to a faster pace of life, increasing the demand for convenient and on-the-go non-alcoholic drinks. Changing demographics, such as an aging population and a growing number of health-conscious millennials, have also influenced customer preferences and the demand for non-alcoholic beverages. Overall, the Non-Alcoholic Drinks market in G7 countries is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As consumers continue to prioritize health and wellness, the demand for non-alcoholic drinks is expected to further increase 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.