10% Free customization
The Europe non-alcoholic beverage market is projected to reach $519.2 billion by 2034 from $299.2 billion in 2024, growing at a CAGR of 5.67% during the forecast period 2024-2034. The European market for non-alcoholic beverages offers a wide variety of goods, including juices, teas, coffees, soft drinks, bottled water, and functional beverages. Consumer preferences are changing in favor of healthier and more diverse drink options, which is driving this market. The increasing demand for beverages with extra health benefits is being met by innovations in product development, such as plant-based waters and functional drinks. This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
With market leaders like The Coca-Cola Company, PepsiCo, and Nestlé controlling the sector, the market is extremely competitive. Consumer choices are being influenced by growing wellness and sustainability awareness, which is pushing businesses to spend money on natural ingredients and eco-friendly packaging. Offering new, healthier substitutes for conventional beverages, this dynamic market keeps changing as it adjusts to the shifting tastes and lifestyles of its customers.
Market Introduction
The market for non-alcoholic beverages in Europe is expanding quickly due to shifting consumer tastes for more varied and healthful beverage options. A wide variety of goods are sold in this market, such as fruit juices, teas, coffees, soft drinks, bottled water, and functional beverages. Demand for beverages with additional nutritional value and wellness benefits is rising as consumers become more health conscious. This increasing demand is being met by innovations in product development, such as the launch of sugar-free beverages, plant-based waters, and functional beverages with probiotics, vitamins, and minerals added.Major international corporations like The Coca-Cola Company, PepsiCo, and Nestlé dominate the competitive landscape and are constantly diversifying their product lines to satisfy changing consumer demands. Furthermore, sustainability is a major priority in the European market, with many companies investing in eco-friendly packaging, natural ingredients, and environmentally responsible production practices.
European consumers are placing a greater emphasis on wellness, and functional beverages provide advantages like increased energy, better hydration, and digestive health. The rising demand for plant-based and organic beverage options goes hand in hand with this trend. To stay competitive in the rapidly growing non-alcoholic beverage market, businesses must adjust to these shifting consumer preferences and make investments in creative solutions.
Market Segmentation
Segmentation 1: by Category
- Water
- Juices
- Soft Drinks
- Tea
- Coffee
- Dairy and Plant-Based Milk
- Non-Alcoholic Beer and Wine
- Functional Beverages
- Specialty Drinks
By Water
- Still Water
- Sparkling Water
- Flavored Water
By Juices
- Fruit Juices
- Vegetable Juices
- Smoothies
By Soft Drinks
- Sodas
- Non-Carbonated Soft Drinks
By Tea
- Traditional Tea
- Herbal Tea
- Iced Tea
By Coffee
- Brewed Coffee
- Espresso
- Cold Brew Coffee
- Decaffeinated Coffee
By Dairy and Plant-Based Milk
- Raw Milk
- Plant-Based Milk
- Milk-Based Shakes and Drinks
By Non-Alcoholic Beer and Wine
- Non-Alcoholic Beer
- Non-Alcoholic Wine
By Functional Beverages
- Energy Drinks
- Sports Drinks
- Probiotic Drinks
- Fortified Water and Juice
- Others
By Specialty Drinks
- Mocktails
- Coconut Water
- Kombucha
- Others
Segmentation 2: by Preparation
- Retail Packaged: Ready-to-Drink, Pre-Mix Beverages, Syrups and Concentrates, and Mixers
- Restaurants and Food Chain
Segmentation 3: by Country
- Germany
- France
- U.K.
- Italy
- Netherlands
- Norway
- Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of products available in Europe region. Moreover, the study provides the reader with a detailed understanding of the non-alcoholic beverage market by products based on category and preparation.Growth/Marketing Strategy: The Europe non-alcoholic beverage market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product launches and acquisitions to strengthen their position in the non-alcoholic beverage market.
Competitive Strategy: Key players in the Europe non-alcoholic beverage market have been analyzed and profiled in the study of non-alcoholic beverage products. Moreover, a detailed competitive benchmarking of the players operating in the non-alcoholic beverage market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.Some prominent names established in this market are:
- Nestlé
- Unilever
- Diageo
- AB InBev
This product will be delivered within 3-5 business days.
Table of Contents
Executive SummaryScope and Definition
1 Markets
2 Regions
3 Markets - Competitive Benchmarking & Company Profiles
4 Research Methodology
List of Figures
List of Tables
Companies Mentioned
- Nestlé
- Danone S.A.
- Unilever
- Diageo
- Britvic plc
- AB InBev
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 117 |
| Published | January 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 299.2 Billion |
| Forecasted Market Value ( USD | $ 519.2 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 6 |
