Global Nonalcoholic Beverage Market is anticipated to reach USD 1.60 trillion by 2025. Nonalcoholic Beverage is also termed as “Virgin drink”. Non-alcoholic beverages contain less than 0.5% alcohol. The factors that drive the growth of the market include increasing awareness among consumers toward proper health and well-being, changing lifestyle, influx of convenience beverages. Furthermore, increasing focus on R&D among key players with regards to low or zero-calories drinks is estimated to witness high growth in the years to come.

On the other hand, there are factors that may hamper the growth of the market such as strict government rules and regulations related to the ingredients in non-alcoholic beverages and increasing awareness regarding among consumers regarding health hazards such as diabetes resulting out of excessive consumption of non-alcoholic beverages. The market is anticipated to grow at a significant CAGR of 5.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Nonalcoholic Beverage Market may be explored by product, distribution channel and geography. Market may be explored by products as Functional Beverages, Carbonated Soft Drinks (CSDs), Sports Drinks, Fruit Beverages, Bottled Water and other. The “Functional beverage” dominated the Beverage Market in 2016 and anticipated to maintain its dominance by 2025.

Nonalcoholic Beverage Market may be explored by distribution channel as Vending Machine Operations, Supermarkets and general merchandisers, Convenience Stores & Gas Stations, Food Service & Drinking Places, and Other. The “Supermarket and Convenience stores” segment dominated the Nonalcoholic Beverage Market in 2016 and is anticipated to maintain its dominance by 2025. Expanding food and beverage services comprising fast-food joints, full-service restaurants, primary distribution channel, and takeaway outlets, will upsurge the growth of this segment in the forecast period.

North America accounted for the major share of the Nonalcoholic Beverage Market Size in 2016 and will continue to lead in the forecast period. Additionally, the increasing youth population, particularly in emerging countries of Asia Pacific, is the major trend anticipated to alter the drinking pattern in favor of non-alcoholic drinks. The population is actively trying new flavors as refreshing substitutes. This is anticipated to predict healthy growth for the Nonalcoholic beverage market in the forecast period.

Some of the key players that fuel the growth of the Nonalcoholic Beverage Industry comprise Suja Life, LLC, Dr. Pepper Snapple Group, FreshBev, PepsiCo, Inc., A.G. Barr, Dydo Drinco, Livewire Energy; Calcol, Inc., Attitude Drinks, Co., Danone, Nestl S.A., and Kraft Foods Group, Inc., and the Coca-Cola Company. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Product Outlook (Volume, Billion Liters; Revenue, USD Billion; 2014 - 2025)
• Carbonated Soft Drinks (CSDs)
• Fruit Beverages
• Bottled Waters
• Functional Beverages
• Sports Drinks
• Other

Distribution Channel Outlook (Volume, Billion Liters; Revenue, USD Billion; 2014 - 2025)
• Supermarkets and general merchandisers
• Food Service and Drinking places
• Gas Stations and Convenience Stores
• Vending Machine Operations
• Other

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Regional Outlook (Volume, Billion Liters; Revenue, USD Billion; 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa

The global halal food & beverage market is expected to reach USD 739.59 billion by 2025. Halal Food is termed as a dietary standard as stated in the Qur’an that means free from any constituent that Muslims are forbidden from consuming as stated in Islamic law. That means, in the month of Ramadan, Muslims who are fasting will only select food items and drinks that are permitted under Islamic law Halal is an Arabic word. It includes food like cattle, chicken, and sheep which is slaughtered by Muslims. The Halal Food and Beverage Market is estimated to grow at a CAGR of 6.1% over the forecast period as the scope and its applications are rising enormously across the globe.

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Rising population consuming halal food mainly other communities rather than Muslim, rising importance of health and hygiene that affects the eating forms of customers, and rising demand for halal-certified foods are documented as major factors of Halal Food & Beverage Market that are estimated to enhance the growth in the years to come. Also, changing lifestyle, high demand for packaged foods, and short preparation time and ease of cooking for these halal food products are other factors that may boost overall market growth in coming years. Halal Food & Beverage industry is segmented based on product types, applications, distribution channel, and region.

Confectionery and cocoa; Meat, poultry, and seafood; Oil, fats, and waxes; Vegetables, and nuts; Cereals and grains; and Beverages are the product types that could be explored in Halal Food in the forecast period. The meat, poultry, and seafood sector accounted for substantial market share and is estimated to lead the overall market in the coming years. This may be because of absence of animal blood that contains bacteria and toxins, rising preference for convenience and pre-cooked foods, and growing purchasing power of customers mainly in Muslim countries.

The market may be categorized based on applications like confectionery, processed food & beverages, bakery products, and others could be explored in forecast period. Processed food & beverages sector accounted for the substantial market share of Halal Food and is estimated to continue its dominance in the coming years. Also, bakery products sector is estimated to grow at fastest pace in the coming years. Hypermarkets, traditional retailers, supermarkets, and other distribution channels could be explored in Halal Food in the forecast period.

Globally, Asia Pacific accounted for the substantial market share of Halal Food and is estimated to lead the overall market in coming years. The reason behind the overall market growth could be increasing Muslim population, growing awareness among customers regarding halal food, and growth in disposable income. Moreover, promotion of their halal food export by Southeast Asian countries may lead the market in coming years. The major consumers of Halal Food are India, Indonesia, Pakistan, and Bangladesh.

Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Halal Food & Beverage Market are Saffron Road Food, Al Islami Foods, QL Foods, BRF, Nestlé, Tahira Food, Al-Falah Halal Foods, Prima Agri-Products, Beijing Shunxin Agriculture, ingyitai Halal Food, and Dagang Halal. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Market Segment:

Halal Food & Beverage Product Outlook (USD Million, 2014 - 2025)
    • Halal Meat & Alternatives
    • Halal Milk & Milk Products
    • Halal Fruits & Vegetables
    • Halal Grain Products
    • Other Halal Food & Beverage Products

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