Lucintel forecasts that the non-alcoholic segment is expected to show above average growth during the forecast period. Consumer preferences, growing population, and health awareness are the major drivers

1. Global Beverage Market 2016 to 2021: Trends,
Forecast, and Opportunity Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by segment Alcoholic and non-alcoholic
Market Segments by product
non-alcoholic beverage
Juice, bottled water, carbonated soft drink, coffee and tea, and other
Market Segments by product
alcoholic beverage Beer, wine, and spirits
Market Segments by Region North America, Europe, Asia Pacific, Rest of the World.
Top Companies Name
Anheuser-Busch InBev NV, Coca-Cola, PepsiCo, Inc., Diageo plc, and
Heineken Holding NV.
CAGR 3.0%
Key Industry Forecast
The global beverage industry is expected to reach an estimated $1.9 trillion
by 2021 and is forecast to grow at a CAGR of 3.0% from 2016 to 2021.
Key Industry Driver Driver: Growing urbanization, and disposable income.
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3. Industry Overview
Market Size
• The global beverage industry is expected to
reach an estimated $1.9 trillion by 2021 and
is forecast to grow at a CAGR of 3.0% from
2016 to 2021.
• Emerging trends which have a direct impact on
the dynamics of the industry include the use of
natural flavors and sweeteners to meet
consumer health concerns, and increased
interest in exotic drinks.
Market Size (2021) $1.9 trillion
CAGR (2016-21) 3.0%
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Industry Performance : Forecast