Quadintel offers a thorough analysis of the India Non-alcoholic Beverages Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on India Non-alcoholic Beverages Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
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The non-alcoholic beverages market in India was valued at INR 336.50 Bn in FY 2020. It is expected to reach INR 1,131.52 Bn by FY 2027, expanding at a compound annual growth rate (CAGR) of 18.69% during the forecast period.
Key Companies Covered in the India Non-alcoholic Beverages Market Research are Dabur Giloy Neem Juice, Dabur Amla Juice, and Dabur Imudab Syrup and other key market players.
Market insights:
The traditional non-alcoholic beverages market has been facing a lot of challenges due to a decline in the demand for traditional carbonated soft drinks due to loaded sugar and artificial sweeteners, lack of skilled workforce, and huge capital costs. Consumers changing preferences, coupled with innovations in product packaging and sizing to improve affordability, has led to a rise in the consumption of non-alcoholic beverages in the country.
Segment insights:
The non-alcoholic beverages market is categorized into two segments carbonated and non-carbonated beverages. The carbonated beverages market segment was valued at INR 134.60 Bn in FY 2020 and is expected to reach a value of INR 349.64 Bn by FY 2027, expanding at a CAGR of ~15.12% during the FY 2022 FY 2027 period. The non-carbonated beverages segment in India was valued at INR 153.33 Bn in FY 2020. It is expected to reach INR 781.88 Bn by FY 2027, expanding at a CAGR of ~20.52% during the FY 2022 FY 2027 period.
The carbonated beverages segment is anticipated to lose its market share during the forecast period because of the massive expansion of the non-carbonated beverages segment. Over the past few years, non-cola aerated drinks have gained popularity, especially fruit drinks. Leading manufacturers are reshaping their corporate strategies to suit consumers’ concerns regarding health. The non-carbonated beverages segment has grown exponentially due to improved health consciousness among consumers and increased affordability.
Impact of COVID-19:
With the onset of the second wave of the pandemic in April 2021, the non-alcoholic beverages industry faced the immediate challenges due to the closing of all outlets that hampered their supply chain. Key industry players introduced new drinks and increased door-to-door deliveries to drive sales. Due to the disruptions in global supply chains, the government introduced significant policies by imposing the strict FSSAI guidelines for quality assurance and management of food products. Indian manufacturers of carbonated beverages witnessed their worst quarter between April and June 2021. However, during the second wave of COVID-19, there was a steep rise in the sale of non-carbonated beverages, especially in segments such as packaged drinking water, primarily because of improved health awareness. The disrupted supply chains of prominent brands during the nationwide lockdown paved the way for regional players to increase their shares in local markets though having small supply channels, and direct-to-trade incentives marketing.
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Highlight the Following Key Factors:
- Business Description: a particular description of agency operations and enterprise departments.
- Company Strategy: The analyst’s precis of the company’s commercial enterprise strategy.
- SWOT Analysis: Detailed evaluation of the company’s strengths, weaknesses, opportunities, and threats.
- Company History: The development of predominant occasions associated to the company.
- Main merchandise and services: A listing of the company’s fundamental products, services, and brands.
- Main Competitors: A listing of the company’s fundamental competitors.
- Important places and subsidiaries: The company’s major places and subsidiaries’ listing and contact information.
- Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Some of the Key Questions Answered in this Report:
- What will be the market size and the growth rate by the end of the forecast period?
- What are the key Player trends impacting the growth of the market?
- What are the potential growth opportunities and threats faced by the leading competitors in the market?
- What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the global Market?
- This report gives all the information regarding industry Overview, analysis and revenue of this market.
- What are the market opportunities and threats faced by the vendors in the global Market?
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