Non-Alcoholic Drinks - Seychelles

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Non-Alcoholic Drinks market amounts to US$14.71m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$853.80k in 2024.
Revenue, combined amounts to US$15.56m in 2024.
The revenue, at home is expected to grow annually by 3.82% (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$135.90 are generated in 2024.
In the Non-Alcoholic Drinks market, volume, at home is expected to amount to 16.66m L by 2024.
Volume, out-of-home is expected to amount to 124.70k L in 2024.
Volume, combined is expected to amount to 16.79m 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 153.90L 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 Seychelles has been experiencing significant growth in recent years. Customer preferences in Seychelles have been shifting towards healthier beverage options, which has contributed to the growth of the Non-Alcoholic Drinks market. Consumers are becoming more health-conscious and are seeking out beverages that are low in sugar and artificial ingredients. This trend is in line with global consumer preferences for healthier and more natural products. In addition to health considerations, consumers in Seychelles also place a strong emphasis on taste and quality. They are willing to pay a premium for beverages that are made with high-quality ingredients and have a unique flavor profile. This preference for premium beverages has led to an increase in the availability of gourmet and artisanal non-alcoholic drinks in the market. One of the key trends in the Non-Alcoholic Drinks market in Seychelles is the growing popularity of functional beverages. Functional beverages are drinks that offer additional health benefits beyond basic nutrition. This includes beverages that are fortified with vitamins, minerals, and other beneficial ingredients. The demand for functional beverages is driven by consumers who are looking for convenient ways to improve their health and well-being. Another trend in the market is the increasing popularity of plant-based and dairy-free beverages. Many consumers in Seychelles are adopting vegetarian or vegan diets, or are looking to reduce their consumption of animal products. As a result, there is a growing demand for non-dairy alternatives such as almond milk, soy milk, and coconut water. These beverages are not only popular among consumers with dietary restrictions, but also among those who are looking for healthier and more sustainable options. Local special circumstances in Seychelles also contribute to the development of the Non-Alcoholic Drinks market. The country's tourism industry is a major driver of demand for beverages, as tourists from around the world visit Seychelles and seek out local and exotic drinks. This presents an opportunity for local beverage manufacturers to showcase their products and cater to the unique preferences of tourists. Additionally, the warm climate in Seychelles makes non-alcoholic beverages a popular choice for hydration and refreshment. Underlying macroeconomic factors, such as rising disposable incomes and urbanization, have also contributed to the growth of the Non-Alcoholic Drinks market in Seychelles. As the economy continues to develop and more people move to urban areas, there is an increase in the purchasing power of consumers and a greater demand for convenience and ready-to-drink beverages. This has led to the expansion of the market and the introduction of new products and flavors. Overall, the Non-Alcoholic Drinks market in Seychelles is experiencing growth due to shifting customer preferences towards healthier and more natural beverages, the popularity of functional and plant-based drinks, local special circumstances, and underlying macroeconomic factors. As these trends continue to evolve, it is expected that the market will further expand and diversify 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.