Non-Alcoholic Drinks - Guyana | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$104.10m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$35.79m in 2024.
Revenue, combined amounts to US$139.90m in 2024.
The revenue, at home is expected to grow annually by 5.49% (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$127.00 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 71.73m L by 2024.
Volume, out-of-home is expected to amount to 8.10m L in 2024.
Volume, combined is expected to amount to 79.83m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of 1.3% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 87.52L 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 Guyana has been experiencing significant growth in recent years. Customer preferences have shifted towards healthier beverage options, leading to an increased demand for non-alcoholic drinks. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of this market. Customer preferences in Guyana have been shifting towards healthier beverage options. As consumers become more health-conscious, they are seeking alternatives to sugary and alcoholic drinks. Non-alcoholic drinks, such as flavored water, herbal tea, and natural fruit juices, have gained popularity as they are perceived as healthier options. This change in customer preferences has driven the growth of the Non-Alcoholic Drinks market in Guyana. Trends in the market indicate a growing demand for non-alcoholic drinks in Guyana. The availability of a wide range of non-alcoholic beverages, including energy drinks, functional beverages, and ready-to-drink teas, has contributed to the market's growth. These beverages offer various health benefits, such as hydration, improved digestion, and increased energy levels. As a result, consumers are increasingly opting for non-alcoholic drinks as part of their daily routine. Local special circumstances have also played a role in the development of the Non-Alcoholic Drinks market in Guyana. The country's tropical climate and rich agricultural resources make it an ideal location for the production of natural fruit juices and herbal teas. Locally sourced ingredients are often used in the production of non-alcoholic beverages, which appeals to consumers who prioritize supporting local businesses and sustainable practices. This has further fueled the growth of the market. Underlying macroeconomic factors have also contributed to the development of the Non-Alcoholic Drinks market in Guyana. The country's growing middle class and increasing disposable income have led to a rise in consumer spending on beverages. As consumers have more purchasing power, they are willing to spend on premium non-alcoholic drinks that offer unique flavors and health benefits. This has created opportunities for both local and international beverage companies to expand their product offerings in the market. In conclusion, the Non-Alcoholic Drinks market in Guyana has experienced significant growth due to shifting customer preferences towards healthier options, the availability of a wide range of non-alcoholic beverages, local special circumstances, and underlying macroeconomic factors. As consumers in Guyana continue to prioritize their health and well-being, 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.

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.