Non-Alcoholic Drinks - Qatar

The Non-Alcoholic Drinks market in Qatar is experiencing significant growth and development. Customer preferences are shifting towards healthier beverage options, leading to an increased demand for non-alcoholic drinks. Additionally, local special circumstances and underlying macroeconomic factors are contributing to the growth of this market. Customer preferences in Qatar are evolving, with a growing emphasis on health and wellness. Consumers are becoming more conscious of the impact of their dietary choices on their overall well-being, leading to a greater demand for non-alcoholic beverages. This trend is in line with global market trends, where consumers are increasingly seeking healthier alternatives to traditional sugary drinks. In Qatar, there is a growing trend towards wellness and healthy lifestyles. As a result, consumers are opting for non-alcoholic drinks that offer nutritional benefits and are free from artificial additives. This has led to an increased demand for natural and organic beverages, such as fruit juices, herbal teas, and plant-based milk alternatives. In addition, functional beverages that offer specific health benefits, such as energy drinks and vitamin-infused waters, are also gaining popularity among consumers. Local special circumstances in Qatar are also contributing to the development of the non-alcoholic drinks market. The country has a high disposable income and a significant expatriate population, which has led to an increased demand for premium and imported beverages. This has created opportunities for international brands to enter the market and cater to the diverse preferences of consumers. Furthermore, Qatar is known for its hot climate, which makes non-alcoholic beverages a popular choice among residents and tourists alike. The demand for refreshing and hydrating drinks, such as iced teas, flavored water, and smoothies, is particularly high in this region. This presents an opportunity for companies to introduce innovative and unique beverage options to cater to the local market. Underlying macroeconomic factors are also driving the growth of the non-alcoholic drinks market in Qatar. The country has a strong economy and a stable political environment, which has created a favorable business environment for companies operating in the beverage industry. Additionally, Qatar is hosting major international events, such as the FIFA World Cup in 2022, which is expected to attract a large number of tourists. This is likely to further boost the demand for non-alcoholic drinks in the country. In conclusion, the Non-Alcoholic Drinks market in Qatar is experiencing significant growth and development due to shifting customer preferences towards healthier options, local special circumstances such as high disposable income and a hot climate, and underlying macroeconomic factors such as a stable economy and major international events. The market is expected to continue to expand as consumers increasingly prioritize their health and wellness and seek out innovative and refreshing beverage options.

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.