According to the latest report by IMARC Group, titled “Africa Non-Alcoholic Beverages Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The Africa non-alcoholic beverages market is expected to exhibit a CAGR of 9.4% during 2022-2027.
Non-alcoholic beverages are temperance drinks that are either alcohol-free or have less than 0.5 percent of liquor volume. They primarily include sports and energy drinks, ready-to-drink tea, carbonated drinks, juices, bottled water, coffee, etc. Non-alcoholic beverages aid in rehydrating the body, enhancing cardiovascular health, stimulating metabolism, improving digestive functioning, etc.
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.
Africa Non-Alcoholic Beverages Market Trends:
The increasing consumer inclination towards ready-to-drink beverages is driving the Africa non-alcoholic beverages market growth. Furthermore, the rising demand for non-alcoholic drinks, such as fruit juices, dairy-based drinks, functional drinks, etc., is also propelling the market in the country. Besides this, various regional manufacturers are investing in developing innovative product variants that have similar taste, texture, and color to alcoholic beverages. Additionally, the growing demand for nutritional drinks, fortified fruit beverages, dairy-based drinks, etc., is further catalyzing the market growth in Africa. Moreover, the rising consumer preferences towards organic and natural ingredients-based variants is also bolstering the product demand in the country. This, in turn, is expected to fuel the non-alcoholic beverages market in Africa over the coming years.
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Africa Non-Alcoholic Beverages Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AG Barr plc, Al Ahram Beverages Company SAE (Heineken NV), Coca-Cola Peninsula Beverages (Pty) Ltd, Faragalla Group, Juhayna Food Industries SAE, Kingsley Beverages (Pty) Ltd, Nestlé SA, 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
Breakup by Category:
Breakup by Packaging Type:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
Breakup by End User:
Breakup by Country:
- South Africa
- Ivory Coast
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