Non-Alcoholic Drinks - Jamaica | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$431.50m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$158.10m in 2024.
Revenue, combined amounts to US$589.60m in 2024.
The revenue, at home is expected to grow annually by 3.49% (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$152.80 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 265.00m L by 2024.
Volume, out-of-home is expected to amount to 36.59m L in 2024.
Volume, combined is expected to amount to 301.60m L in 2024.
The Non-Alcoholic Drinks market is expected to show a volume growth, at home of -1.1% in 2025.0.
The average volume per person, at home in the Non-Alcoholic Drinks market is expected to amount to 93.81L 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 Jamaica is experiencing significant growth and development in recent years.

Customer preferences: Jamaican consumers have shown a growing preference for healthier beverage options, which has driven the demand for non-alcoholic drinks. This shift in consumer behavior can be attributed to increasing health consciousness and a desire for more natural and nutritious products. Additionally, the younger generation in Jamaica is becoming more health-conscious and is actively seeking out beverages that align with their wellness goals. As a result, there has been a surge in the consumption of non-alcoholic drinks such as herbal teas, fruit juices, and flavored water.

Trends in the market: One of the key trends in the Non-Alcoholic Drinks market in Jamaica is the rise of functional beverages. Functional beverages are beverages that provide additional health benefits beyond basic nutrition. In response to the growing demand for functional beverages, manufacturers in Jamaica have introduced a wide range of products that cater to specific health needs, such as energy drinks, sports drinks, and immunity-boosting drinks. These functional beverages are gaining popularity among consumers who are seeking convenient and effective ways to improve their overall well-being. Another trend in the market is the increasing popularity of locally sourced and organic ingredients. Jamaican consumers are showing a preference for beverages that are made from locally grown fruits and herbs, as they believe these ingredients are fresher and more authentic. This trend is not only driven by a desire for healthier options but also by a growing interest in supporting local farmers and promoting sustainable agriculture practices. As a result, there has been a rise in the production of artisanal and small-batch non-alcoholic beverages that highlight the unique flavors and ingredients of Jamaica.

Local special circumstances: Jamaica's vibrant tourism industry plays a significant role in driving the growth of the Non-Alcoholic Drinks market. Tourists from all over the world visit Jamaica to experience its rich culture and natural beauty, and they often seek out local beverages as part of their travel experience. This has created a demand for non-alcoholic drinks that are unique to Jamaica, such as sorrel drink and ginger beer. Local manufacturers have capitalized on this opportunity by producing these traditional beverages on a larger scale to cater to both the domestic and international markets.

Underlying macroeconomic factors: The growing Non-Alcoholic Drinks market in Jamaica can also be attributed to favorable macroeconomic factors. The country has experienced stable economic growth in recent years, which has led to an increase in disposable income among consumers. As a result, consumers are more willing to spend on premium and healthier beverage options. Additionally, the government of Jamaica has implemented policies and initiatives to promote the growth of the agriculture sector, which has benefited the Non-Alcoholic Drinks market. These policies have encouraged local farmers to expand their production and supply of fruits and herbs, ensuring a steady and reliable source of ingredients for beverage manufacturers. In conclusion, the Non-Alcoholic Drinks market in Jamaica is developing rapidly due to changing customer preferences, the emergence of functional beverages, the popularity of locally sourced ingredients, the influence of the tourism industry, and favorable macroeconomic factors. As consumers continue to prioritize health and wellness, the demand for non-alcoholic beverages in Jamaica 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.