Smoothies Global Market Report 2023 – By Product Type (Fruit-Based, Vegetable-Based, Dairy-Based, Other Product Types), By Packaging Material (Plastic, Paper, Glass, Other Packaging Materials), By Distribution Channel (Supermarkets And Hypermarkets, Smoothie Bars, Convenience Stores, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2023-2032

Plant-based beverages refer to beverages that are obtained from plant materials such as seeds, grains, and others that are used as a replacement for beverages made with milk. The main types of plant-based beverages are RTD tea and coffee, plant-based milk, juices, and others. RTD tea and coffee refer to plant-based coffee and tea that offer a wide variety of flavors for consumers. They are organic and conventional in nature and are available in plain and different flavors for cardiovascular health, cancer prevention, bone health, lactose-free alternative, and other functions. The global plant-based beverages market is segmented - 1) By Type: RTD Tea And Coffee, Plant Based Milk, Juices, Other Types 2) By Nature: Organic, Conventional 3) By Flavor: Plain, Flavored 4) By Function: Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other Functions The global plant-based beverages market size is expected to grow from $21.88 billion in 2022 to $24.31 billion in 2023 at a compound annual growth rate (CAGR) of 11.07%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plantglobal plant-based beverages market size is expected to reach $37.53 billion in 2027 at a CAGR of 11.47%. The increasing trend of veganism is expected to propel the growth of the plant-based beverages market going forward. Veganism refers to giving up all products derived partially or fully from animals. Veganism promotes plant-based drinks that can improve heart rates and protect people against cancer and other diseases. For instance, according to an article published by the Food Revolution Network, a US-based organization that promotes healthy, ethical, and sustainable food, plant-based dairy and meat sales were more than $29 billion in 2020. For another instance, according to an article published by The Guardian, a UK-based daily newspaper, there are approximately 1.5 million vegans in the world, and that number has increased by 40% in the year 2020. Therefore, the increasing trend of veganism is driving the growth of the plant-based beverages market. Major players in the plant-based beverages market are SunOpta Inc., The Hain Celestial Group Inc., Pacific Foods, Nestlé S.A., Vitasoy, Harmless Harvest, Califia Farms, Freedom Foods, Campbell Soup Company, RiceBran Technologies, PepsiCo Inc., Premier Nutrition Company LLC, Mead Johnson & Company LLC, Danone S.A. and Blue Diamond Growers. Product innovation is a key trend gaining popularity in the plant-based beverage market. Major companies operating in the plant-based beverages market are introducing new and innovative products to strengthen their position in the market. For instance, in July 2022, Danone S.A., a France-based food production corporation, launched the first plant-based baby formula with a dairy blend. The new baby formula was created specifically to provide a vegetarian diet for babies. In February 2021, Danone S.A., a France-based food-products corporation acquired Follow Your Heart for an undisclosed amount. This acquisition will help increase the plant-based offerings of Danone and will also help the company increase its capabilities in the plant-based items market. Follow Your Heart is a US-based vegan and vegetarian food and beverage company operating in plant-based beverages market. Asia-Pacific was the largest region in the plant-based beverages market in 2022. Europe is expected to be the fastest-growing region in the global plant-based beverages market during the forecast period. The regions covered in the global plant-based beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant-based beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant-based beverages market consists of sales of macadamia drinks, quinoa drinks, pea beverages, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based beverages market research report is one of a series of new reports from The Business Research Company that provides plant-based beverages market statistics, including the plant-based beverages industry's global market size, regional shares, competitors with a plant-based beverages market share, detailed plant-based beverages market segments, market trends, and opportunities, and any further data you may need to thrive in the plant-based beverages industry. This plant-based beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Low-alcohol beverages refer to drinks having a lower ABV (alcohol strength by volume) of 0.5% to 1.2%. The low-alcohol beverages do not include diuretics, which do not cause any dehydration and assist the body in keeping hydrated. The main types of low-alcohol beverages are low-alcohol beer, low-alcohol spirits, low-alcohol wine, low-alcohol RTDs, and low-alcohol ciders. Low-alcohol beer refers to a type of beer with an alcohol content (ABV) of less than 2.5%. They are sold through several distribution channels, including store-based and non-store-based, and are used for various applications such as supermarkets, hypermarkets, and retailers. The global low alcohol beverages market is segmented - 1) By Type: Low Alcohol Beer, Low Alcohol Spirits, Low Alcohol Wine, Low-Alcohol RTD, Low Alcohol Ciders 2) By Distribution Channel: Store-Based, Non-Store Based 3) By Application: Supermarkets And Hypermarkets, Retailers The global low alcohol beverages market size is expected to grow from $1.18 billion in 2022 to $1.25 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global low alcohol beverages market size is expected to reach $1.56 billion in 2027 at a CAGR of 5.5%. The increasing demand for a healthier lifestyle is expected to boost the growth of the low-alcohol beverages market going forward. The preference for a healthier lifestyle includes the intake of healthy beverages, which refers to a drink that is fit for consumption. Consumers believe that incorporating healthful fluids into daily life can help individuals become healthier, and low-alcohol beverages are often touted as having fewer calories and sugar than their full-alcohol substitutes, which can support a healthy lifestyle; therefore, the increasing demand for a healthier lifestyle is expected to boost the low-alcohol beverages market. For instance, according to a study from 2,662 beverage customers from the United Kingdom, Germany, Poland, and Spain were polled published by Kerry Group Plc., an Ireland-based provider of functional and nutritional solutions to the food, beverage, and pharmaceutical industries, in 2021, since the COVID-19 outbreak began, 65% of beverage customers are more concerned about their health. 50% of respondents said that mental health is now a priority, while 59% mentioned immunity. Therefore, the increasing demand for healthier beverages is driving the growth of the low-alcohol beverages market. Major players in the low alcohol beverages market are Anheuser-Busch Companies LLC, Constellation Brands Inc., Heineken NV, Carlsberg Breweries A/S, Bacardi Limited, Asahi Premium Beverages, A. Le Coq, Abita Brewing Company, Aftershock Brewing, Bells Brewery Inc., Accolade Wines, Diageo, Allagash Brewing Company, Molson Coors Brewing Co., and Beam Suntory Inc. Product innovation is the key trend gaining popularity in the low-alcohol beverage market. Major companies operating in the low-alcohol beverage market are focusing on developing new products. For instance, in September 2022, Kaska, a Finland-based low-alcohol drinks company, launched Smål Boosted Gin. This product's unique feature is that it is distilled with a high concentration of botanicals for low-alcohol usage. It is intended to be used in far lesser amounts than regular gin and comes in a 200-ml bottle. One tiny capful is the recommended serving size for one drink, and each bottle includes a tiny 10 ml measure made of 100% biodegradable Sulapac wood-based material. With this procedure, a single 200-mL bottle of Sml Boosted Gin may produce 20 gin and tonics while using only a little percentage of the alcohol (about 2%). In January 2023, Refresco Group, a Netherlands-based beverage solutions provider, acquired Avandis for an undisclosed amount. Through the acquisition, Refresco hopes to increase its selection of alcoholic beverages in Europe. The Avandis production facility in Zoetermeer, the Netherlands, is anticipated to join the Refresco network of more than 70 facilities across Europe, North America, and Australia, strengthening the company's position as a global independent beverage solutions provider to branded clients and top retailers. Avandis is a Netherlands-based company that produces high- and low-alcohol beverages and offers co-packing and private-label solutions for spirits in bottles and cans. North America was the largest region in the low-alcohol beverages market in 2022. The regions covered in the global low-alcohol beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the low-alcohol beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The low-alcohol beverages market consists of sales of roasted light beer, gin and diet tonic, hard seltzer, and other related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The low alcohol beverages market research report is one of a series of new reports from The Business Research Company that provides low alcohol beverages market statistics, including low alcohol beverages industry global market size, regional shares, competitors with a low alcohol beverages market share, detailed low alcohol beverages market segments, market trends and opportunities, and any further data you may need to thrive in the low alcohol beverages industry. This low alcohol beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Alcoholic beverage packaging refers to materials and designs to contain and transport alcoholic drinks. The outside packaging for alcoholic beverages has the primary role of holding and protecting the liquid inside. The main products of alcoholic beverage packaging are cans, bottles, and others. Can refer to a cylindrical container made of aluminum or steel that is typically used for packaging beer, cider, or other alcoholic drinks, which is used in alcoholic beverage packaging for packaging of beer, cider, and other alcoholic drinks. These are prepared with glass, metal, plastic, and other materials for beer, wine, spirits, and others. The global alcoholic beverage packaging market is segmented - 1) By Product: Cans, Bottles, Other Products 2) By Material: Glass, Metal, Plastic, Other Materials 3) By Application: Beer, Wine, Spirits, Other Applications The global alcoholic beverages packaging market size is expected to grow from $66.80 billion in 2022 to $72.02 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global alcoholic beverages packaging market size is expected to reach $93.11 billion in 2027 at a CAGR of 6.6%. The rising alcoholic beverage consumption is expected to propel the growth of the alcoholic beverage packaging market going forward. The rising alcoholic beverage consumption has resulted from changes in social and cultural norms, increased availability of alcoholic drinks, changes in marketing strategies, and changes in economic and social conditions. As the demand for alcoholic beverages is increasing globally, the need for efficient and innovative packaging solutions is also rising to meet consumer demands and regulatory requirements. For instance, in February 2023, according to an article published by PennState Extension, a US-based modern education organization, alcohol consumption in adults aged 18 and above has reached 63% in 2022 as compared to 60% in 2021. Also, in 2022, the alcohol consumption rate reaches up to 65% for adults with a legal age of drinking 21 years. Therefore, the rising alcoholic beverages consumption is driving the growth of the alcoholic beverage packaging market. Major players in the alcoholic beverage packaging market are Mondi plc, Amcor Plc, Ball Corporation, Crown Holdings Inc., Berry Global Group Inc., Tetra Pak International S.A., Ardagh Group, Owens-Illinois (O-I) Inc., Krones AG, Orora Packaging Australia Pty. Ltd., Vetreria Etrusca S.p.A., Brick Packaging LLC, Nampak Limited, Encore Glass, and Gerresheimer AG. Technological development is a key trend gaining popularity in the alcoholic beverages packaging market. Companies operating in the alcoholic beverage packaging market are developing new sustainable packaging technology to sustain their position in the market. For instance, in July 2020, Diageo, a UK-based alcoholic and spirit manufacturer in partnership with Pilot Lite, a Uk-based venture management company, launched Pulpex Limited, a sustainable packaging technology company that generates 100% plastic-free spirit bottles made up of paper. The bottles made using this technology are sourced from pulp to meet food safety standards and can be completely recyclable. This technology allows alcoholic beverage packaging manufacturers to rethink their packaging designs and move their existing packaging designs into paper while maintaining the quality of their products. In April 2022, Berlin Packaging, a US-based hybrid packaging supplier of plastic, metal, and glass containers and closures, acquired Panvetri S.R.L. for an undisclosed amount. This acquisition strengthens, broadens, diversifies, and enriches Berlin Packaging’s presence in Europe and Italy. Berlin packaging will help Panvetri to expand its product offerings by providing its established sales team and strong local presence. Panvetri S.R.L. is an Italy-based packaging company for alcoholic beverages, olive oils, magnum, and others. North America was the largest region in the alcoholic beverage packaging market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global alcoholic beverages packaging market report during the forecast period. The regions covered in the global alcoholic beverages packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the alcoholic beverages packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The alcoholic beverages packaging market consists of sale of metal cans, cartons, jars, and pouches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The alcoholic beverage packaging market research report is one of a series of new reports from The Business Research Company that provides alcoholic beverage packaging market statistics, including alcoholic beverage packaging industry global market size, regional shares, competitors with an alcoholic beverage packaging market share, detailed alcoholic beverage packaging market segments, market trends, and opportunities, and any further data you may need to thrive in the alcoholic beverage packaging industry. This alcoholic beverage packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A beverage can refer to a metal container manufactured to store a single serving of a beverage that protects beverages against oxygen and light. Beverage cans keep oxygen out and carbonation in, extending the freshness of beverages. The materials of beverage cans are steel, aluminum, and others. Steel refers to a powerful metal made of iron and carbon that is used to create objects with strong structures, such as automobiles and buildings. The structures involved are two pieces can and three pieces can which consists of epoxy, polyester, vinyl, and other can coatings and are used for non-alcoholic beverages, alcoholic beverages, sports and energy drinks, fruit-based drinks, carbonated soft drinks, and other applications. The global beverage can market is segmented - 1) By Material: Steel, Aluminum, Other Materials 2) By Structure: Two Piece Can, Three Piece Can 3) By Can Coating: Epoxy, Polyester, Vinyl, Other Can coatings 4) By Application: Non-Alcoholic Beverage, Alcoholic Beverage, Sports And Energy Drinks, Fruit Based Drinks, Carbonated Soft Drinks, Other Applications The global beverage can market size is expected to grow from $30.58 billion in 2022 to $32.32 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global beverage can market size is expected to reach $39.61 billion in 2027 at a CAGR of 5.2%. Increasing consumption of beverages is expected to propel the growth of the beverage can market going forward. Beverage refers to any drinkable liquid, especially one that is not water. Aluminum cans are used as a packaging solution for storing and distributing beer. Aluminum beverage containers are recyclable and lightweight, stackable, and incredibly efficient to freight and store. Hence, the increasing consumption of beverages will result in a rise in demand for beverage cans which will boost the growth of the market. For Instance, according to Soda Consumption by Country 2023 report published by World Population Review, a US-based agency that turns complex demographic information into easy-to-understand articles on the population of countries and cities, Argentina has the most soda consumption in the world where the average person consumes about 155 liters in a year. Further, the United States is in second place with some of the highest soda consumption rates worldwide where each US resident drinks 154 liters annually. Furthermore, according to the 2022 Beer Handbook published by Beverage Dynamics, a US-based national magazine dedicated to the needs of the off-premise beverage alcohol retailers, the U.S. beer industry achieved a volume consumption growth of 0.7% in 2021 to 2.85 billion 2.25-gallon cases. Therefore, the increasing consumption of beverages is driving the growth of the beverage can market. Major players in the beverage can market are Crown Holdings Inc., Ardagh Group S.A., CPMC Holdings Limited, Toyo Seikan Group Holdings, Can-Pack S.A., Ball Corporation, Envases Universales, GZ Industries, Showa Denko K.K., Nampak Bevcan Limited, The Olayan Group, Techpack Solutions Pvt. Limited, Orora Packaging Australia Pty. Ltd., Kian Joo Can Factory Berhard, Silgan Holdings Inc., Can-One Berhad, Universal Can Corporation, Interpack Group Inc., Ceylon Beverage Can (Pvt) Ltd., BaosteelMetal Co. Ltd., Asia Packaging Industries, and Jiangsu Baosteel Metal Product Co. Ltd. Product innovation is a key trend gaining popularity in the beverage can market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in January 2023, Ardagh Metal Packaging (AMP), a Luxembourg-based supplier of sustainable, infinitely recyclable, metal beverage cans to brand owners, launched a 19.2oz beverage can which is designed for beverage brand customers. The new can gives consumers the option to select a size between the more conventional sizes of 16 oz and 24 oz to meet the rising demand in the single-serve channel. The packaging will allow firms to diversify into new product categories like water, hard seltzer, beer, and cider. In November 2021, Showa Aluminum Can Corp., a Japan-based manufacturer of packaging containers, acquired a 20% stake in Universal Can Corporation from Hokkan Holdings Limited for an undisclosed amount. With this acquisition, Showa Aluminum Can Corp is looking to expand its business in Southeast Asia, where demand for canned beverages and other products is growing. Universal Can Corporation is a Japan-based company that produces aluminum cans and lids in large bulk quantities for food and beverage companies. North America was the largest region in the beverage can market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global beverage can market report during the forecast period. The regions covered in the global beverage can market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the beverage can market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The beverage can market consists of sales of recyclable, stackable, light-proof, wide-mouth, and resealable lid cans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The beverage can market research report is one of a series of new reports from The Business Research Company that provides beverage can market statistics, including beverage can industry global market size, regional shares, competitors with a beverage can market share, detailed beverage can market segments, market trends, and opportunities, and any further data you may need to thrive in the beverage can industry. This beverage can market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Non-alcoholic RTD beverages refers to ready to drink beverages that are free from alcohol. These drinks hydrate, and some offer vital nutrients and vitamins that the body requires. These drinks are widely available in bars, restaurants, hotels, and beverage stores. The main types of products in non-alcoholic RTD beverages are functional beverages, tea and coffee, fruits and vegetable juice, bottled water, dairy-based beverages, and others. Functional beverages refer to nonalcoholic drinks that provide health advantages above and beyond their nutritional value by focusing on the body or mind in a positive way to improve overall health and wellbeing. These are packed in various packaging materials such as bottles, cans, and others, and are distributed through supermarkets and hypermarkets, specialty stores, convenience stores, online retail, and others. The global non-alcoholic RTD beverages market is segmented - 1) By Product Type: Functional Beverages, Carbonated Soft Drinks, Tea And Coffee, Fruits And Vegetable Juice, Bottled Water, Dairy Based Beverages, Other Products 2) Packaging Type: Bottles, Cans, Other Packaging Types 3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Other Distribution Channels The global non-alcoholic RTD beverages market size is expected to grow from $944.87 billion in 2022 to $1012.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global non-alcoholic RTD beverages market size is expected to reach $1282.56 billion in 2027 at a CAGR of 6.09%. Surging demand for non-alcoholic beverages is expected to propel the growth of the non-alcoholic RTD beverage market going forward. A non-alcoholic beverage refers to a drink that does not contain alcohol. Nowadays, consumers prefer non-alcoholic beverages in favor of alcoholic ones as they seek to improve their health. Non-alcoholic beverage manufacturers are producing a wide range of ready-to-drink non-alcoholic beverages that improve physical health and mental well-being, hydrate them, and offer vital nutrients and vitamins, so these factors boost the non-alcoholic RTD beverage market. For instance, in December 2022, according to the United States Department of Agriculture (USDA), a US-based federal agency, non-alcoholic beverage export sales from the US totaled $11.4 million in 2021 and increased to $13.6 million in 2022, a 20 percent increase. Therefore, surging demand for non-alcoholic beverages is driving the non-alcoholic RTD beverage market. Major players in the non-alcoholic rtd beverages market are PepsiCo Inc., The Coca-Cola Company, Nestle S.A., Keurig Dr Pepper Inc., Red Bull GmbH, Suntory Holdings Limited, Danone S.A., Monster Beverage Corporation, Asahi Group Holdings Ltd., Reeds Inc., Starbucks Corporation, Lotte Chilsung Beverage Co.Ltd., Pokka Sapporo Food And Beverage Ltd., Yakult Honsha Co. Ltd., and Califia Farms LLC. Product innovation is a key trend gaining popularity in the non-alcoholic RTD beverage market. Major companies operating in the non-alcoholic RTD beverage market are developing innovative products to strengthen their position in the market. For instance, in April 2023, Chamberlain Coffee, a US-based organic coffee manufacturer, launched a new line of ready-to-drink (RTD) plant-based Cold Brew Lattes. These innovative product flavor line-ups include a mocha latte, a cinnamon bun latte, a vanilla latte, and a traditional cold brew. Each of the four flavors is dairy-free, prepared with almond milk and coconut cream, and naturally sweetened with no preservatives and no artificial colors, flavors, or sweeteners. Additionally, it contains date syrup, which contains only 1 gram of sugar per serving. In January 2023, Lucas Bols N.V., a Netherlands-based beverage company, acquired Fluere Drinks B.V. for $1.05 million (€1 million). With this acquisition, Lucas Bols N.V. aimed to boost the brand’s presence among bartenders and on-trade, as well as strengthen its retail position and accelerate its variety of productions to serve customers. Fluere Drinks B.V. is a Netherlands-based non-alcoholic beverage company that offers a wide range of non-alcoholic drinks. Asia-Pacific was the largest region in the non-alcoholic RTD beverages market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global global non-alcoholic RTD beverages market during the forecast period. The regions covered in the global non-alcoholic rtd beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the non-alcoholic rtd beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The non-alcoholic RTD beverage market consists of sales of nourishing drinks, sports energy drinks, fortified water, juice drinks, and hot drinks. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resale along the supply chain, either further along the supply chain or as part of other products. The non-alcoholic RTD beverages market research report is one of a series of new reports from The Business Research Company that provides non-alcoholic RTD beverages market statistics, including non-alcoholic RTD beverages industry global market size, regional shares, competitors with a non-alcoholic RTD beverages market share, detailed non-alcoholic RTD beverages market segments, market trends and opportunities, and any further data you may need to thrive in the non-alcoholic RTD beverages industry. This non-alcoholic RTD beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Snack and non-alcoholic beverage bars refer to businesses that specialize in making and/or serving specialty snacks such as ice cream, frozen yogurt, cookies, or popcorn as well as non-alcoholic beverages such as coffee, juice, or soda. The main types of snack and non-alcoholic beverage bars are beverages and food. A beverage refers to a sort of drink, a potable liquid that is not water, such as tea, coffee, beer, or milk. The various snack types include frozen snacks, savory snacks, fruit snacks, confectionery snacks, bakery snacks, and other snack types with various pricing that include high-end, and economy. The various outlets include chained outlets and independent outlets. The global snack and nonalcoholic beverage bars market is segmented - 1) By Product: Beverages, Food 2) By Snack Type: Frozen Snacks, Savory Snacks, Fruit Snacks, Confectionery Snacks, Bakery Snacks, Other Snack Types 3) By Pricing: High-End, Economy 4) By Outlet: Chained Outlets, Independent Outlets The global snacks and non-alcoholic beverage bars market size is expected to grow from $383.93 billion in 2022 to $404.38 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global snacks and non-alcoholic beverage bars market size is expected to reach $471.86 billion in 2027 at a CAGR of 3.9%. The rising demand for leisure and entertainment activities is expected to propel the growth of the snack and non-alcoholic beverage bars market going forward. Leisure is a state of mind typically characterized by spare time and willing optimism, while entertainment refers to a kind of activity that holds a viewer's attention and interest while also providing pleasure and delight. The rising interest by people in leisure activities such as pleasure, meditating, painting, and participating in sports and entertainment activities such as film, music, television, radio, and social media have grown considerably where people serve and consumes snacks, coffee and teas and non-alcoholic beverages. For Instance, in August 2022, according to the U.S. Bureau of Labor Statistics, the US-based federal agency for labor, people aged 15 and older engaged in leisure and sporting activities for 32 minutes longer per day in 2020 during the COVID-19 pandemic—5.5 hours as opposed to 5.0 hours. Also, every day, 10 minutes more are spent playing video games and utilizing the computer for pleasure. In 2020, there were an average of 7 minutes more spent each day relaxing and thinking. Therefore, the Rising demand for leisure and entertainment activities is driving the growth of snack and non-alcoholic beverage bars. Major players in the snack and non-alcoholic beverage bars market are Starbucks, Whitbread PLC, Lavazza, Buffalo Wild Wings, Dunkin' Brands, McDonald's Corporation, Coffee Day Enterprises, Luigi Lavazza Spa, PepsiCo, Nestlé, The Kellogg Company, Caribou Coffee Operating Co. Inc., Ediya Co. Ltd., General Mills, Inc., Mars Incorporated, The Coca-Cola Company, Unilever, Calbee, Barista Coffee, ITC Limited, HALO Foods, Gloria Jean's Coffees, International Coffee & Tea, Krispy Kreme Doughnuts, Stonegate Pub Company, Tully's Coffee, Brinker International Inc., Berkshire Hathaway Inc., and BJs Restaurants Inc. Strategic partnerships are a key trend gaining popularity in the snacks and non-alcoholic beverage bars market. Major companies operating in the snacks and non-alcoholic beverage bars market are undergoing partnerships to sustain their position in the market. For instance, in January 2020, Sans-Bar, a US-based alcohol-free bar partnered with ‘botanical bubbly’ Dry Soda, a US-based soda company to expand the Pop culture of alcohol-free bars and signature mocktails in different cities of the US and Europe. Further, in January 2023, Drinks Distilled, a UK-based beverages company announced a partnership with Crossip Crossip, a UK-based non-alcoholic spirits brand, and Seed Library to help drinkers navigate the world of no, low, and reduced abv spirits and serve. In November 2020, Mars, Incorporated, a US-based confectionery, snacking, food, pet food, and veterinary care company acquired Kind North America for an undisclosed amount. With this acquisition, Kind North America will join with Kind International to form a single brand that spans 35 countries and will operate independently from other Mars firms. Kind North America is a US-based snack bar company. Asia-Pacific was the largest region in the snacks and non-alcoholic beverage bars market in 2022. North America is expected to be the fastest-growing region in the global snack and non-alcoholic beverage bars market report during the forecast period. The regions covered in the global snack and non-alcoholic beverage bars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the snack and non-alcoholic beverage bars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The snack and non-alcoholic beverage bars market consists of sales of snacks, non-alcoholic beverages, and other related goods including coffee beans, mugs, and coffee machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from selling goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The snacks and non-alcoholic beverage bars market research report is one of a series of new reports from the business research company that provides snacks and non-alcoholic beverage bars market statistics, including snacks and non-alcoholic beverage bars industry global market size, regional shares, competitors with a snacks and non-alcoholic beverage bars market share, detailed snacks and non-alcoholic beverage bars market segments, market trends, and opportunities, and any further data you may need to thrive in the snacks and non-alcoholic beverage bars industry. This snacks and non-alcoholic beverage bars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Drinking places (alcoholic beverages) refer to establishments whose main activity is the retail sales of alcoholic beverages for on-site consumption, such as beer, ale, wine, and spirits. They have a wide selection of alcoholic beverages, which is the main reason so many individuals choose to spend their free time there. They also offer a variety of recipes for sophisticated cocktails and other drinks. The main types of products that drinking places (alcoholic beverages) offer are beverages and foods. Beverages refers to any fermented beverage that uses the intoxicating substance ethanol (CH3CH2OH), such as wine, beer, or distilled spirits. These are generally consumed by men and women. The global drinking places (alcoholic beverages) market is segmented - 1) By Product: Beverages, Foods 2) By Application: Men, Women The global drinking places (alcoholic beverages) market size is expected to grow from $59.51 billion in 2022 to $65.69 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global drinking places (alcoholic beverages) market size is expected to reach $89.63 billion in 2027 at a CAGR of 8.1%. Increasing alcohol consumption is significantly contributing to the growth of the drinking places (alcoholic beverages) market going forward. Alcohol consumption refers to the drinking of beverages containing ethyl alcohol. Pubs and bars help create a positive social environment where friends can gather to drink safely. Hence, increasing alcohol consumption is boosting the sales of drinking places such as bars and pubs. For instance, in December 2022, according to the Global Beer Consumption Report for 2021 shared by Kirin Holdings Company Limited, a Japan-based integrated beverages company, about 185.60 million kiloliters of beer were consumed worldwide in 2021, a rise of 4.0% from the previous year. Therefore, increasing alcohol consumption is driving the growth of the drinking places (alcoholic beverages) market. Major players in the drinking places (alcoholic beverages) market are Boadas Cocktails, Kings Head Pub, Attaboy, Floreria Atlantico, Four Seasons Hotels Ltd., Hakkasan Group, J D Wetherspoon Plc., Licoreria Limantour, Maybourne Hotel Group, McKs Tavern, Mitchells and Butlers Plc., Oberoi Group, Oetker Hotel Management Company GmbH, PCO, The Atlas Bar, The Cats Eye Pub, and Trailer Happiness. Increasing focus on self-service beer taps is a key trend gaining popularity in the drinking places (alcoholic beverages) market. Companies in the drinking places (alcoholic beverages) market are installing self-service beer taps to increase efficiency and profitability. For example, in June 2022, Dirty Dog Taphaus, a US-based pub installed self-pour taproom that features a 30-tap self-service beverage system that is powered by iPourIt Radio Frequency Identification (RFID)-enabled self-pour technology. It features a rotating selection of craft ciders, beers, and seltzers. In October 2022, Bira 91, an India-based craft beer brand, acquired The Beer Cafe for an undisclosed amount. With this acquisition, Bira 91 aimed to enhance its presence in bars and taprooms and create India's first significant D2C (Direct-to-Consumer) platform devoted to beer. The Beer Cafe is an India-based beer-serving pub chain. Europe was the largest region in the drinking places (alcoholic beverages) market in 2022. The regions covered in the global drinking places (alcoholic beverages) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the drinking places (alcoholic beverages) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The drinking places (alcoholic beverages) market includes revenues earned by entities by providing martinis, manhattans, mojitos, margaritas and different types of food alongside alcoholic and other mixed alcoholic drinks. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The drinking places (alcoholic beverages) market research report is one of a series of new reports from The Business Research Company that provides drinking places (alcoholic beverages) market statistics, including drinking places (alcoholic beverages) industry global market size, regional shares, competitors with a drinking places (alcoholic beverages) market share, detailed drinking places (alcoholic beverages) market segments, market trends and opportunities, and any further data you may need to thrive in the drinking places (alcoholic beverages) industry. This drinking places (alcoholic beverages) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Carbonated beverage processing equipment is a machine that turns raw vegetable or fruit ingredients into beverages. The major types of equipment used in carbonated beverage processing are sugar dissolvers, carbonation equipment, blenders and mixers, heat exchangers, silos, and filtration equipment. A sugar dissolver is a machine that constantly dissolves crystalline sugar in water for use in making still drinks, carbonated beverages, ketchup, jam, confectionery items, prepared dairy products, and more. Several types of beverages are processed using carbonated beverage processing equipment, including flavoured drinks, functional drinks, club soda, and sparkling water. These are sold through various distribution channels, such as the original equipment manufacturer and aftermarket sales. The global carbonated beverage processing equipment market is segmented - 1) By Equipment Type: Sugar Dissolvers, Carbonation Equipment, Blender And Mixers, Heat Exchangers, Silos, Filtration Equipment 2) By Beverage Type: Flavored Drinks, Functional Drinks, Club Soda And Sparkling Water 3) By Distribution Channel: Original Equipment Manufacturer, Aftermarket Sales The global carbonated beverage processing equipment market size is expected to grow from $6.18 billion in 2022 to $6.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.60%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global carbonated beverage processing equipment market size is expected to reach $8.70 billion in 2027 at a CAGR of 6.97%. The growing consumption of soft drinks all over the globe is expected to boost the growth of the carbonated beverage processing equipment market going forward. Soft drinks are defined as water-based, flavoring-infused beverages that are typically sweetened with nutritive, nonnutritive, and/or strong sweeteners along with other legal food additives. A carbonated beverage processing machine is a machine that adds gas to a static liquid in a pressurized vessel or injects gas into a stream of soft drink water. For instance, in June 2020, according to the report published by the Beverage Industry Magazine, a US-based information source for analyzing trends, formulation, technology, and products shaping the beverage industry, regular carbonated soft drink sales were up 1.2%, while low-calorie carbonated soft drink sales registered a 4.7% gain in the week ending March 29 of the year 2020, indicating that sales of both types of CSD have steadied. For the 52 weeks that ended May 17, carbonated beverage sales in all U.S. multi-outlet and convenience stores reached $29.4 billion. This is an increase of 4.6% from the prior year. Therefore, the growing consumption of soft drinks all over the globe is driving the market for carbonated beverage processing equipment. Major players in the carbonated beverage processing equipment market are Tetra Laval, GEA Group Aktiengesellschaft, Alfa Laval, Krones AG, SPX Flow Inc., KHS GmbH, A Due Di Squeri Donato & Cspa, Van Der Molen GmbH, Seppelec SL, TCP Pioneer Co Ltd., A Water System srl, Pentair plc, Shreeji Projects, Roquette Frères, Mitsui Sugar Co. Ltd., ADM and Tate & Lyle. Technological advancements have emerged as a key trend gaining popularity in the carbonated beverage processing equipment market. Major companies operating in the carbonated beverage processing equipment market are focused on innovating new technologies to sustain their position in the market. For instance, in December 2022, TechniBlend, a US-based supplier of beverage and liquid processing equipment and systems, launched ProFill V, its new volumetric can filler. Organizations will be able to fill their cans with a certain amount of liquid by utilizing a volumetric filler. This takes the place of the conventional method of filling containers using sensory technology that depends on weighing or measuring by height. A sophisticated electronic HMI interface is also used by the ProFill V Series to enable recipe-based changeovers and straightforward, repeatable filler operations. As a result, changeover times decrease, increasing overall manufacturing capacity. In comparison to traditional fill-to-level can fillers, the ProFill V offers filling accuracy that is three times higher. This accuracy, improved by AI filling technology, yields a quick return on investment. In January 2022, Bucher Unipektin AG, a Switzerland-based company that develops, designs, manufactures, and distributes fruit juice plants, reception areas, mills, presses, filtration plants, and evaporators, acquired Denwel for an undisclosed amount. With the acquisition, Bucher Unipektin has increased its capacity for processing beer and is now better equipped to offer its global brewery customers complete cold block lines in addition to its well-known beer filtering systems. Denwel is a Czech-based company that deals in beverage processing equipment. They provide tools such as filter systems, yeast plants, water de-aeration, blending, carbonation, dosing systems, CIP, and flash pasteurization. North America was the largest region in the global carbonated beverage processing equipment market report in 2022. Asia-Pacific is expected to be the fastest-growing region in the global carbonated beverage processing equipment market report during the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the carbonated beverage processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Carbonated beverage processing equipment consists of sales of carbonation machines, sealing and packing machines and bottle-filling machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The carbonated beverage processing equipment market research report is one of a series of new reports from The Business Research Company that provides carbonated beverage processing equipment market statistics, including carbonated beverage processing equipment industry global market size, regional shares, competitors with a carbonated beverage processing equipment market share, detailed carbonated beverage processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the carbonated beverage processing equipment industry. This carbonated beverage processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.