Non-alcoholic drinks: SIAL Paris highlights a thriving market

PUBLISHING DATE
December 16, 2024
CATEGORIES

SIAL Paris is a must-attend event for players in the non-alcoholic drinks industry. With its international audience, a spotlight on innovation, and a rapidly growing global market, it offers exhibitors the chance to expand their networks, boost their visibility, and stay informed on the latest trends shaping this dynamic sector

The non-alcoholic drinks industry has achieved notable growth, with a global market value around €1,33 billion in 2023. This sector is projected to grow at a compound annual growth rate (CAGR) of 4.7% between 2023 and 2027. As consumer preferences shift toward health-conscious and innovative options, the demand for sugar-free and plant-based beverages continues to rise.

Key consumer trends driving the industry

Health and wellness trends are shaping the future of non-alcoholic beverages, with plant-based drinks such as herbal teas and chia seed drinks gaining popularity. Bottled water remains a major player, accounting for 30% of the market, while fruit juices represent 14%. Hospitality venues are increasingly crucial, with 40% of total market expenditure forecasted to occur out-of-home by 2027.

France and international players at the forefront

France leads the European market, generating around €23.5 billion in revenues in 2022, with soft drinks (61%) and bottled water (23%) dominating local consumption. Globally, Switzerland leads in export value, Thailand excels in export volume, and the United States remains the largest importer and consumer of energy drinks. SIAL Paris serves as the ultimate platform for stakeholders to capitalize on these trends, connect with decision-makers, and explore growth opportunities in this thriving sector.

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Credit image: charity-beth-long- Unsplash


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