The Global Market Share of Beverage Industry report is segmented by product type (alcoholic and non-alcoholic beverages market), distribution channel (on-trade and off-trade), and geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers market size and forecasts in value (USD) for the above segments.

The industry has registered a growth of 6.2% in 2024 from that of the last year and by 2025 it is all set to reach a total value of USD 182.2 billion. In the prediction period where 2025 is to 2035, the industry will increase by 5.4% CAGR and is expected to reach USD 308.3 billion.

Attributes	Description
Estimated Industry Size (2025E)	USD 182.2 billion
Projected Industry Value (2035F)	USD 308.3 billion
Value-based CAGR (2025 to 2035)	5.4%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	5.2%
H2 (2024 to 2034)	5.6%
H1 (2025 to 2035)	5.8%
H2 (2025 to 2035)	5.9%

Country-wise Insight

Countries	CAGR
The USA	6.68%
China	7.1%
India	8.5%
Germany	8.6%
UK	7.9%

The global alcoholic beverages market size was valued at USD 1,616.59 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,996.7 Billion by 2033, exhibiting a CAGR of 2.30% from 2025-2033. Europe currently dominates the market, holding a market share of over 45.0% in 2024. The market is fueled by robust cultural norms of alcohol use, established production facilities, high per capita consumption, and stable demand for high-end wines, beers, and spirits through both on-trade and off-trade.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1,616.59 Billion
Market Forecast in 2033	USD 1,996.7 Billion
Market Growth Rate 2025-2033	2.30%

IMARC Group provides an analysis of the key trends in each segment of the global alcoholic beverages market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on category, alcoholic content, flavor, packaging type, and distribution channel.

The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all three different segments by the end of the comparison period. Notably, the segment Non-Alcoholic Drinks stands out with the highest value of *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the number of users in Brazil and a comparison of the revenue in South Korea. The Statista Market Insights cover a broad range of additional markets.

The Non-Alcoholic Beverages Market Report is Segmented Into Product Type (Energy Drinks, Sports Drinks, Juices, and More), Packaging Type (PET/Glass Bottles, Cans, Tetra Pack, Others), Category (Conventional, Free-From), Distribution Channel (On-Trade, Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Liters).

The number of users is forecast to experience significant growth in all segments in 2029. The trend observed from 2019 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the number of users across all segments. Notably, the Non-Alcoholic Drinks segment achieves the highest value of ****** million users at 2029. Find further statistics on other topics such as a comparison of the revenue in Thailand and a comparison of the number of users in India. The Statista Market Insights cover a broad range of additional markets.

• The industry was valued at US$ 1.7 Trn in 2023
• It is estimated to grow at a CAGR of 6.8% from 2024 to 2032 and reach US$ 3.1 Trn by the end of 2032

Market Introduction

Attribute	Detail
Drivers	Surge in Consumption of Alcohol Among Young Adults Increase in Number of Wineries and Breweries

Regional Outlook

Attribute	Detail
Leading Region	Asia Pacific

Alcoholic Beverages Market Overview

Attribute	Detail
Market Size in 2023	US$ 1.7 Trn
Market Forecast (Value) in 2032	US$ 3.1 Trn
Growth Rate (CAGR)	6.8%
Forecast Period	2024-2032
Historical Data Available for	2019-2023
Quantitative Units	US$ Trn for Value and Million Liters for Volume
Market Analysis	It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2022) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Product Type Beer Spirits Wine Others Packaging Glass Bottles Tins Plastic Bottles Others Sales Channel Modern Trade Specialty Stores Convenience Stores Commercial Hotels/Restaurants/Bars Online Retailers Other Retailing Formats
Regions Covered	North America Latin America Western Europe Eastern Europe East Asia South Asia Oceania Middle East & Africa
Countries Covered	U.S. Canada Mexico Brazil Chile Argentina Germany Italy France U.K. Spain BENELUX Nordic Russia Poland Hungary Balkan & Baltics India Thailand Indonesia Malaysia China Japan South Korea Australia New Zealand KSA Other GCC Countries Turkiye South Africa Other African Union
Companies Profiled	Carlsberg A/S Heineken Holding N.V. Diageo Plc. ASAHI GROUP HOLDINGS, LTD. SUNTORY HOLDINGS LIMITED Halewood Sales Brown-Forman Bacardi Limited Anheuser-Busch Companies, LLC. Bundaberg Brewed Drinks Constellation Brands, Inc. United Breweries Ltd. Others
Customization Scope	Available upon request
Pricing	Available upon request

Global Non-Alcoholic Beverages Market reached USD 750.6 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 1,242.3 billion by 2031

Global Functional Beverages market size is expected to reach $218.23 billion by 2029 at 5.8%, segmented as by type, energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, other types

This statistic shows the value of the plant-based beverages market worldwide from 2017 to 2023. In 2017, the global plant-based beverages market was valued at approximately *** billion U.S. dollars, and was forecast to reach a value of **** billion U.S. dollars by 2023.

The plant based beverage market is anticipated to be worth US$ 374.6 billion in 2024. Plant based beverages, such as milk and smoothies, perceive growth in demand owing to the health benefits, nutritional properties, and minimum contribution to the global carbon footprint.

Attributes	Details
Plant Based Beverage Market Value for 2024	US$ 374.6 billion
Plant Based Beverage Market Value for 2034	US$ 665.8 billion
Plant Based Beverage Market Forecast CAGR for 2024 to 2034	5.92%

Historical Performance and Future Growth of the Plant Based Beverage Market

Historical CAGR	5.51%
Forecast CAGR	5.92%

Country-wise Insights

Countries	CAGR from 2024 to 2034
The United States	5.7%
Germany	6.3%
China	8.1%
Japan	4.4%
India	8.5%

Category-wise Insights

Category	Market Share in 2024
Conventional	92.1%
Plant-based Juices	67.8%

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 374.6 billion
Projected Market Valuation in 2034	US$ 665.8 billion
Value-based CAGR 2024 to 2034	5.92%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ billion
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East and Africa
Key Market Segments Covered	Source Nature Format Packaging Sales Channel Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	Bayer AG Abbott DSM DuPont. Amway The Nature's Bounty Co. GlaxoSmithKline plc. Nestlé SA RiceBran Technologies Mead Johnson & Company LLC Medifast Inc.

The global beverage market was valued at USD 1 billion in 2019 and is projected to reach over USD 2 billion by 2026, expanding at a CAGR of more than 3% during the forecast period, 2020 – 2026. The growth of the market is attributed to the rising urbanization and increased standard of living across the globe.





Beverage is a liquid drink intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, coffee, tea, hot chocolate, juice and soft drinks. In addition, alcoholic drinks such as wine, beer, and liquor, which contain the drug ethanol, have been part of human culture for more than 8,000 years. Non-alcoholic drinks often signify drinks that would normally contain alcohol, such as beer and wine, but are made with less than .5 percent alcohol by volume. The category includes drinks that have undergone an alcohol removal process such as non-alcoholic beers and de-alcoholized wines.

Market Trends, Drivers, Restraints, and Opportunities:

• Rising per capita consumption of alcoholic beverages is driving the growth of the market.


• Growing distribution channels worldwide is a favourable factor driving the market growth.


• Increasing health consciousness regarding the consumption of both alcoholic and non-alcoholic beverages is acting as a restraint for the growth of the market.


• Rising stringent regulations associated with beverage quality and health assurance by food and beverages regulatory authorities is a.


• The unexplored markets of emerging economies are opportunities for the growth of the market.

Scope of the Report

The report on the global beverage market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Base Year	2019
Historic Data	2018–2019
Forecast Period	2020–2026
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Functional Beverages Market reached USD 114.1 billion in 2020 and is expected to reach USD 197.6 billion in 2028, growing at a CAGR 7.1%

The global non-alcoholic beverage market size was valued at USD 971.65 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,448.89 Billion by 2033, exhibiting a CAGR of 4.31% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 34.7% in 2024. The non-alcoholic beverage market share is primarily driven by the increasing demand for healthier beverage options, the elevating requirement for single-serve, ready-to-drink non-alcoholic variants, and the inflating income levels of consumers.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 971.65 Billion
Market Forecast in 2033	USD 1,448.89 Billion
Market Growth Rate 2025-2033	4.31%

IMARC Group provides an analysis of the key trends in each segment of the global non-alcoholic beverage market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on product type, packaging type, and distribution channel.

The global non-alcoholic malt beverages market is estimated to reach USD 36.78 billion by 2025 and is projected to attain a value of USD 64.73 billion by 2035, expanding at a CAGR of 5.8% during the forecast period.

Attributes	Description
Estimated Global Non-Alcoholic Malt Beverages Industry Size (2025E)	USD 36.78 billion
Projected Global Non-Alcoholic Malt Beverages Industry Value (2035F)	USD 64.73 billion
Value-based CAGR (2025 to 2035)	5.8%

Semi-Annual Market Update

Particular	Value CAGR
H1	4.6% (2024 to 2034)
H2	4.9% (2024 to 2034)
H1	5.4% (2025 to 2035)
H2	5.8% (2025 to 2035)

Country-wise Insights

Countries	CAGR, 2025 to 2035
USA	3.9%
Germany	4.1%
China	5.3%
Japan	4.8%
India	5.8%

The U.S. Non-alcoholic Beverages Market size was valued at USD 298.4 billion in 2023 and is projected to reach USD 491.85 billion by 2032, exhibiting a CAGR of 7.4 % during the forecasts period. Non-Alcoholic Beverages are water and carbonated waters fruit and vegetable juice, water-based flavored carbonated and noncarbonated drinks, and water-based brewed or steeped beverages such as coffee and tea. Non-Alcoholic Beverage is also known as virgin drinks and non-intoxicating. Nonalcoholic beverages are drinks that contain the amount of alcohol. it is used while making cocktails and mocktails.it is widely used for diluting spirits with soft and cold drinks like rum and coke whiskey and soda water, gin, and tonic water. The various types of Non-Alcoholic Beverages are Carbonated drinks, Coffee, and fruit and vegetable juice. The behaviors are different flavors and varieties. Nonalcoholic behavior rages are great stay hydrated and healthier opinion than drinks.it is served at any time for the guests. They are the most common reasons including personal preferences and health considerations. Alcoholic beverages are divided into many verities like mineral, hot water, cold, carbonated, nonalcoholic behave rages, and soft drinks there are some common behave rages are example such as aerated waters, mineral water, juices, squashes, syrups, tonics, soda, Pepsi, coke, root beer, etc Recent developments include: In April 2023, Chamberlain Coffee, a pioneering coffee lifestyle brand, declared the unveiling of its novel range of ready-to-consume plant-based cold brew lattes. The novel product is offered as cinnamon bun latte, mocha latte, vanilla latte, and traditional cold brew latte flavors. The corporation partnered up with Walmart to provide its products across the U.S. , In January 2023, Coca-Cola introduced a range of juice beverages intended to be consumed with and without alcohol. The Simply Mixology drinks are accessible in three flavors such as Strawberry Guava Mojito, Lime Margarita, and Peach Sour. , In December 2022, Nestlé launched animal-free dairy drinks under the Cowabunga brand in six San Francisco grocery stores, in the U.S. The offerings, available in two flavors—plain milk and chocolate, feature animal-free protein created by the U.S. start-up Perfect Day. .

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Ready To Drink Alcoholic Beverages Market Size 2025-2029

The ready to drink (RTD) alcoholic beverages market size is forecast to increase by USD 8.46 billion at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for convenience and the rising popularity of pre-mixes. Consumers are increasingly seeking on-the-go solutions for their alcoholic beverage needs, leading to a rise in demand for RTD beverages. Additionally, the growing trend towards craft and artisanal beverages is fueling innovation in the RTD market, as producers seek to differentiate themselves with unique flavors and high-quality ingredients. Ready-to-drink tea and coffee, sparkling water, and dairy-free milk alternatives are popular choices.
These challenges can impact the production and distribution of RTD beverages, potentially leading to price volatility and inventory management issues for manufacturers. Sports nutrition companies have also embraced bottles for their sports drinks. Companies must navigate these challenges effectively to capitalize on the market's growth potential and maintain their competitive edge. To succeed in this dynamic market, they must focus on supply chain resilience, innovation, and agility. The alcoholic beverages industry is experiencing supply chain disruptions due to various factors, including raw material availability, logistical issues, and regulatory hurdles.

What will be the Size of the Ready To Drink (RTD) Alcoholic Beverages Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The ready-to-drink (RTD) alcoholic beverages market is witnessing significant activity and trends, driven by advancements in technology and consumer preferences. Aroma compounds and flavor preservation techniques are essential for maintaining sensory quality, while cocktail mix technology ensures consistency and customer satisfaction. Microbial stability and packaging design are critical for product safety and environmental sustainability. Fizziness control and process optimization are key to economic viability, as RTD spirits, hard seltzer manufacturing, and canned cocktail innovation gain popularity. Sweetener selection and brand positioning are crucial elements of innovation strategy, as companies strive for competitive advantage.

Product lifecycle management, alcohol by volume, and promotion strategies are essential for effective business models. Regulatory compliance, color stability, and social responsibility are vital considerations for supply chain risk and ingredient quality. Supply chain efficiency and regulatory adherence are essential for market success. Bottles, including beverage cans or plastic containers are also used for RTD cocktails and premixed drinks, and the market is expected to grow in the timeframe of social gatherings and stay-at-home occasions.

How is this Ready To Drink (RTD) Alcoholic Beverages Industry segmented?

The ready to drink (RTD) alcoholic beverages industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Off-trade
  On-trade


Packaging

  Bottles
  Cans
  Others


Type

  Hard seltzers
  Canned cocktails
  Flavored malt beverages
  Hard ciders
  Hard kombucha


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    Australia
    China
    India
    Japan


  Rest of World (ROW)

By Distribution Channel Insights

The Off-trade segment is estimated to witness significant growth during the forecast period. In the dynamic RTD alcoholic beverage market, the off-trade distribution channel, comprising retail outlets, liquor stores, supermarkets, and online retailers, is experiencing substantial expansion. This growth can be attributed to the convenience factor, evolving consumer preferences, and the rise of e-commerce platforms. The popularity of RTD alcoholic beverages, including premixed cocktails, canned wines, and flavored alcoholic beverages, is on the rise due to their portability and ease of use. To cater to these consumer demands, the off-trade channel offers a diverse range of options. Beverage carbonation methods ensure product fizz and prolonged shelf life, while alcoholic beverage production employs distillation techniques and fermentation processes. This trend is particularly noticeable in the energy drinks and RTDs category, where global consumers are increasingly opting for healthier alternatives, including dairy-based beverages, particularly in emerging economies.

Quality control procedures, risk management, and packaging mater

The Ready-To-Drink (RTD) Beverages Market Report is Segmented by Product Type (Tea, Coffee, Energy Drinks, and More), Ingredient (Conventional, Natural and Organic), Packaging (PET/Glass Bottles, Tetra Packs, Cans, and Other Packaging Types), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

The global functional beverage market was valued at USD 243.36 Billion in 2024 and is expected to grow at a CAGR of 7.00%, reaching USD 478.73 Billion by 2034. The market growth is driven by rising health consciousness and increasing demand for energy-boosting, immunity-enhancing drink products across the globe. The market is fueled by growing consumer preference for healthier lifestyles and natural ingredients. Expanding product innovation, including probiotic and plant-based beverages, is expected to support market growth in the forecast period.

Key Market Trends and Insights

• Energy drinks are expected to lead the market due to rising demand for instant energy and alertness. This segment accounted for a revenue share of around 50% in the historical period.
• Based on the distribution channel, supermarket/hypermarket is expected to dominate due to wide product availability and strong consumer footfall.
• North America is expected to lead the market share by region in the forecast period.

Market Size and Forecast

• Market Size (2024): USD 243.36 Billion
• Projected Market Size (2034): USD 478.73 Billion
• CAGR (2025-2034): 7.00%
• Largest Market in 2024: North America

Wellness Beverages Market size is expected to be worth around USD 594.5 Bn by 2034, from USD 189.7 Bn in 2024, growing at a CAGR of 12.1%