Latest News- Non Carbonated Soft Drinks Market: Fruit juices is expected to lead the Product Type segment during 2024-2028

The Non Carbonated Soft Drinks Market is being driven by Health and wellness concerns among consumers

The Non Carbonated Soft Drinks Market is expected to grow at a CAGR of 8.38% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 91.4 billion. The non-carbonated soft drinks market is experiencing significant growth in its online presence, a trend that is expected to persist throughout the forecast period. The digital age and the widespread use of the internet have revolutionized consumer-business interactions. Non-carbonated soft drink manufacturers and distributors have expanded their customer base by selling their products via various e-commerce platforms, enabling consumers to effortlessly purchase their preferred beverages online and receive them at their doorstep. Online review platforms and ratings have emerged as crucial factors influencing consumers' purchasing decisions. In response, non-carbonated soft drink companies are actively soliciting positive reviews and addressing any negative feedback to maintain their market position and customer satisfaction. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Health and wellness concerns among consumers
• Increasing number of mergers and acquisitions
• Frequent product launches in global non carbonated soft drinks market

However, the market also witnesses some limitations, which are as follows:

• Easy availability of substitutes for non carbonated soft drinks
• Fluctuation in raw material prices of non carbonated soft drinks
• Low penetration of non carbonated soft drinks in emerging economiesm

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Market Scope in Non Carbonated Soft Drinks Market Research Report

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Research Analysis Overview

The Non-Carbonated Soft Drinks market encompasses various beverage categories, including still drinks, flat drinks, fruit juices, sports drinks, iced tea, energy drinks, functional beverages, and healthy beverages. These beverages cater to diverse consumer needs such as health and fitness, improved digestion, immunity, and dietary patterns. Beverages like tea, coffee, low-sugar soft drinks, and natural product drinks are popular choices. Advertising campaigns promote the benefits of these beverages, which range from enhancing energy levels to providing essential nutrients. Non-carbonated sodas, fruit juice, espresso, and game beverages are also part of this market. While some contain sugar and sucrose, others offer natural sweeteners like citrus extract to reduce carbonation interaction and maintain a shining flavor.

Market Research Overview

The global non-carbonated soft drinks market encompasses various categories, including still drinks, fruit juices, sports drinks, iced tea, energy drinks, functional beverages, and others. These segments cater to diverse consumer preferences for health and fitness, improved digestion, and immunity. According to Technavio, the market's size is determined by the consolidated revenues of manufacturers in still drinks, fruit juices, sports drinks, and other non-carbonated beverage sectors. Innovation and new product launches are significant growth drivers, as market players continuously introduce beverages catering to evolving consumer demands and preferences.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/