According to IMARC Group’s latest report, titled “China Non-Alcoholic Beverages Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020. Non-alcoholic beverages contain no or less than 0.5% alcohol by volume. Non-alcoholic beverages provide instant energy, enhance digestive functioning, and reduce stress and anxiety levels by providing nutrients and calories in an appropriate manner. Some of the common variants of these drinks include bottled mineral water, smoothies, mocktails, fruit and vegetable juices, and carbonated soft drinks.
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The escalating demand for ready-to-drink (RTD) beverages, due to the sedentary lifestyle of working individuals, is driving the China non-alcoholic beverages market. The increasing prevalence of various chronic diseases, such as cardiac arrest, cirrhosis, and neurological dysfunction, has created a consumption shift towards non-alcoholic drinks across the country. In line with this, there has been an emerging demand for vegan, gluten-free, and lactose-free non-alcoholic beverage variants due to the rising adoption of veganism and increasing health consciousness among consumers, which is further fueling the market growth. Looking forward, IMARC Group expects the China non-alcoholic beverages market to grow at a CAGR of around 6%growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Coca-Cola China Beverages Ltd
- Danone Asia-Pacific Management Co Ltd (Danone S.A.)
- Hangzhou Wahaha Group Co., Ltd.
- Master Kong Holdings Limited (Tingyi (Cayman Islands) Holding Corp.)
- Mondelez (China) Co., Ltd. (Mondelez International, Inc.)
- Nestle (China) Ltd.
- PepsiCo (China) Limited
- Shanghai DyDo DRINCO, Inc. (DyDo Group Holdings, Inc.)
- Suntory Huiyuan (Shanghai) Beverage Co., Ltd (Suntory Holdings Limited)
- Uni-President China Holdings Limited.
Market Segmentation:
Breakup by Product Type:
- Carbonated Soft Drinks
- Juices
- Bottled water
- Sports & Energy Drinks
- Ready to Drink (RTD) Teas & Coffees
- Others
Breakup by Packaging Type:
- Bottles
- Cans
- Cartons
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Food Service and Drinking Places
- Convenience Stores
- Vending Machines
- Others
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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