Non-Alcoholic Drinks - Mozambique

The Non-Alcoholic Drinks market in Mozambique has been experiencing significant growth in recent years.

Customer preferences: Mozambique has a young and growing population, which has led to an increasing demand for non-alcoholic beverages. The country's urbanization rate is also on the rise, resulting in a shift in consumer preferences towards healthier and more convenient beverage options. As a result, there is a growing demand for non-alcoholic drinks such as bottled water, carbonated soft drinks, and fruit juices.

Trends in the market: One of the key trends in the non-alcoholic drinks market in Mozambique is the increasing popularity of bottled water. This can be attributed to growing health consciousness among consumers, as well as concerns about the safety and quality of tap water. As a result, there has been a surge in the consumption of bottled water, both in urban and rural areas. Another trend in the market is the rising demand for carbonated soft drinks. This can be attributed to changing consumer lifestyles and the influence of Western culture. Carbonated soft drinks are seen as a refreshing and indulgent beverage option, particularly among the younger population. As a result, there has been a steady increase in the consumption of carbonated soft drinks in Mozambique.

Local special circumstances: Mozambique is a country with a tropical climate, which makes it an ideal market for non-alcoholic beverages. The hot and humid weather conditions create a high demand for refreshing and hydrating drinks, such as bottled water, fruit juices, and carbonated soft drinks. This has contributed to the growth of the non-alcoholic drinks market in the country.

Underlying macroeconomic factors: The economic growth and increasing disposable income in Mozambique have also played a significant role in the development of the non-alcoholic drinks market. As the country's economy continues to grow, consumers have more purchasing power, allowing them to spend on non-essential items such as beverages. This has led to an increase in the consumption of non-alcoholic drinks in Mozambique. In conclusion, the Non-Alcoholic Drinks market in Mozambique is experiencing growth due to changing customer preferences, including a shift towards healthier and more convenient options. The increasing popularity of bottled water and carbonated soft drinks can be attributed to factors such as health consciousness, urbanization, and the influence of Western culture. The tropical climate in Mozambique also contributes to the demand for refreshing and hydrating beverages. Additionally, the country's economic growth and increasing disposable income have played a significant role in the development of the non-alcoholic drinks 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.