According to the latest report by IMARC Group, titled “Africa Non-Alcoholic Beverages Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The Africa non alcoholic beverage trends size reached US$ 82.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 141.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.
Non-alcoholic beverages are drinks that mostly consists of fruit juices, sports drink, bottled water, carbonated drinks and ready-to-drink beverages. These drinks are either alcohol-free or consist of less than 0.5 percent of liquor volume. Their consumption commonly assists in providing hydration to the body while boosting metabolism, improving digestion and enhancing cardiovascular health.
Report Metric
Historical: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028
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 behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Africa Non-Alcoholic Beverages Market Trends:
The market in Africa is primarily driven by the growing preference for ready-to-drink beverages among the masses. With rapid urbanization, hectic lifestyles led by the masses and the inflating per capita income levels, there has been a considerable rise in the sales of refreshing non-alcoholic drinks. Moreover, the increasing health consciousness among individuals have led to theincreasing demand for healthy non-alcoholic beverages in the region. Apart from this, numerous manufacturers are also introducinginnovative product variants in the market that are characterized by similar color, taste and texture to alcoholic drinks in an attempt to cater to the requirements of the consumers. The launch of organic and natural ingredients-based variantsis also contributing to the market growth.
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Africa Non-Alcoholic Beverages Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
A.G. Barr p.l.c., Al Ahram Beverages Company S.A.E. (Heineken N.V.), Coca-Cola Peninsula Beverages (Pty) Ltd, Faragalla Group, Juhayna Food Industries S.A.E, Kingsley Beverages (Pty) Ltd, Nestle S.A., PepsiCo Inc, Pioneer Food Group Limited, Red Bull GmbH, The Beverage Company, The Kraft Heinz Company, Tiger Brands Limited and Twizza (Pty) Ltd.
The report has segmented the market on the basis on region, product type, category, packaging type, distribution channel and end user.
Breakup by Product Type:
Carbonated Drinks
Non-Carbonated Drinks
Fruit and Vegetable Juice
Functional Drinks
RTD Tea and Coffee
Bottled Water
Others
Breakup by Category:
Mass
Premium
Breakup by Packaging Type:
Bottles
Cans
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
Breakup by End User:
Household
Institutional
Breakup by Country:
Nigeria
Algeria
South Africa
Morocco
Egypt
Ghana
Kenya
Tunisia
Cote d’Ivoire
Angola
Others
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Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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