The non-alcoholic beverages market in Asia Pacific is expected to grow from US$ 466.28 million in 2022 to US$ 689.86 million by 2028. It is estimated to grow at a CAGR of 6.7% from 2022 to 2028.

Rising Popularity of Plant-Based Beverages

The vegan population has grown significantly over the past few years. People are readily switching to a vegan diet due to increased health and sustainability concerns. According to the International Food Information Council’s 2021 Food and Health Survey, more than 4 out of 10 buyers believe plant-based food and beverages are healthier than conventional ones even when two products have similar ingredients and provide similar nutritional benefits. The demand for dairy alternatives is increasing promisingly due to the growing influence of veganism and the increasing lactose-intolerant population. Therefore, beverage manufacturers are increasingly launching products with plant-based claims to meet the growing demand. The products are made with oat milk and are certified vegan. In October 2020, Sanitarium, a leading Australia-based health, and nutrition company, launched a dairy-free, gluten-free, and vegan-friendly breakfast drink under the brand name UP&GO. The product is made using soy milk enriched with protein, fiber, and calcium and has a low glycemic index. Thus, the rising number of product launches under the plant-based beverage category is expected to drive the demand for non-alcoholic beverages in the coming years.

Market Overview

China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific are the key contributors to the non-alcoholic beverages market in the Asia Pacific. Emerging countries in the Pacific are witnessing a surge in health-conscious consumers, which will create demand for non-alcoholic beverages, including energy drinks and fortified juices. Further, rising health consciousness, increasing awareness regarding the need for an active lifestyle, and the growing rates of lifestyle diseases inspired health-oriented consumers to opt for healthy and sugar-free drinks. The sugar-free beverages market is also projected to grow due to increased promotional and advertisement strategies by various manufacturers operating in the market. According to the International Diabetes Federation (IDF), India had 77 million diabetic patients in 2019, making it the world’s second-largest diabetic population. The population is expected to reach 101 million by 2030. In 2019, ~114 million adults in China had diabetes, as per the IDF. Consumers are becoming aware of the importance of a healthy diet and an active lifestyle due to the extreme occurrence of diabetes in Asia. Natural sweeteners, including stevia, are preferred by consumers in their beverages. Companies such as PepsiCo, Inc. and the Coca-Cola Company have pledged to eliminate artificial additives and lower the amount of sugar in their products. Thus, such initiatives taken by manufacturers boost the demand for non-alcoholic beverages among consumers in the Asia Pacific. Dairy alternatives or dairy-free products are made from almond milk, soy milk, and coconut milk, which are free from lactose. Moreover, plant-based dairy products have similar texture, creaminess, and consistency to conventional dairy products. The prevalence of lactose intolerance or malabsorption is high across the Asia Pacific due to a lack of genetic mutation for digesting lactose. According to the National Institute of Health (NIH), lactose intolerance is quite common in the adult population in East Asia, affecting 75-95% of the people in these communities. Thus, countries such as China, Japan, South Korea, and Taiwan are potential markets for dairy alternatives. Thus, the increasing prevalence of lactose intolerance and milk allergies among consumers drives the demand for dairy alternative beverages in Asia Pacific, supporting the growth of non-alcoholic beverages.

Asia Pacific Non-Alcoholic Beverages Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Non-Alcoholic Beverages Market Segmentation

The Asia Pacific non-alcoholic beverages market is segmented into type, packaging type, category, distribution channel, and country.

Based on type, the market is segmented into carbonated soft drinks, juices & nectars, bottled waters, dairy-based beverages, dairy alternative beverages, RTD tea & coffee, and others. The carbonated soft drinks segment registered the largest market share in 2022.

Based on packaging type, the market is segmented into bottles, cartons, cans, and pouches. The bottles segment held the largest market share in 2022.

Based on category, the market is bifurcated into sugar-free and conventional. The conventional segment held a larger market share in 2022.

Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held the largest market share in 2022.

Based on country, the market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Rest of Asia Pacific dominated the market share in 2022.

Asahi Group Holdings, Ltd.; Bolthouse Farms, Inc.; Califia Farms, LLC; Danone S.A.; Keurig Dr Pepper, Inc.; Nestlé S.A.; PepsiCo Inc.; Red Bull; SUNTORY HOLDINGS LIMITED.; and The Coca-Cola Company are the leading companies operating in the non-alcoholic beverages market in the Asia Pacific region.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. APAC Non-Alcoholic Beverages Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. APAC Non-Alcoholic Beverages Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Non-Alcoholic Beverages with Functional Benefits
5.1.2 Increasing Consumption of Bottled Water
5.1 Market Restraints
5.1.1 Concerns Related to High-Sugar Content of Beverages
5.2 Market Opportunities
5.2.1 Sustainable and Innovative Packaging to Appeal to Consumers
5.3 Future Trends
5.3.1 Rising Popularity of Plant-Based Beverages
5.4 Impact Analysis of Drivers and Restraints
6. Non-Alcoholic Beverages – APAC Market Analysis
6.1 APAC Non-Alcoholic Beverages Market Overview
6.2 APAC Non-Alcoholic Beverages Market –Revenue and Forecast to 2028 (US$ Billion)
7. APAC Non-Alcoholic Beverages Market Analysis – By Type
7.1 Overview
7.2 APAC Non-Alcoholic Beverages Market, By Type (2021 and 2028)
7.3 Carbonated Soft Drinks
7.3.1 Overview
7.3.2 Carbonated Soft Drinks: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.4 Juices & Nectars
7.4.1 Overview
7.4.2 Juices & Nectars: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.5 Bottled Waters:
7.5.1 Overview
7.5.2 Bottled Waters: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.6 Dairy-Based Beverages
7.6.1 Overview
7.6.2 Dairy-Based Beverages: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.7 Dairy Alternative Beverages
7.7.1 Overview
7.7.2 Dairy Alternative Beverages: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.8 RTD Tea and Coffee:
7.8.1 Overview
7.8.2 RTD Tea and Coffee: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
7.9 Others
7.9.1 Overview
7.9.2 Others: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
8. APAC Non-Alcoholic Beverages Market Analysis – By Packaging Type
8.1 Overview
8.2 APAC Non-Alcoholic Beverages Market, By Packaging Type (2021 and 2028)
8.3 Bottles
8.3.1 Overview
8.3.2 Bottles: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
8.4 Cartons
8.4.1 Overview
8.4.2 Cartons: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
8.5 Cans
8.5.1 Overview
8.5.2 Cans: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
8.6 Pouches
8.6.1 Overview
8.6.2 Pouches: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
9. APAC Non-Alcoholic Beverages Market Analysis – By Category
9.1 Overview
9.2 APAC Non-Alcoholic Beverages Market, By Category (2021 and 2028)
9.3 Sugar-Free
9.3.1 Overview
9.3.2 Sugar-Free: Non-Alcoholic Beverages Market– Revenue and Forecast to 2028 (US$ Billion)
9.4 Conventional
9.4.1 Overview
9.4.2 Conventional: Non-Alcoholic Beverages Market– Revenue and Forecast to 2028 (US$ Billion)
10. APAC Non-Alcoholic Beverages Market Analysis – By Distribution Channel
10.1 Overview
10.2 APAC Non-Alcoholic Beverages Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets & Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets & Hypermarkets: Non-Alcoholic Beverages Market– Revenue and Forecast to 2028 (US$ Billion)
10.4 Convenience Stores
10.4.1 Overview
10.4.2 Convenience Stores: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
10.6 Others
10.6.1 Overview
10.6.2 Others: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
11. APAC Non-Alcoholic Beverages Market– Country Analysis
11.1 Overview
11.1.1 Asia Pacific: Non-Alcoholic Beverages Market, by Key Country
11.1.1.1 China: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.1.1 China: Non-Alcoholic Beverages Market, By Type
11.1.1.1.2 China: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.1.3 China: Non-Alcoholic Beverages Market, by Category
11.1.1.1.4 China: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.2 Japan: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.2.1 Japan: Non-Alcoholic Beverages Market, By Type
11.1.1.2.2 Japan: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.2.3 Japan: Non-Alcoholic Beverages Market, by Category
11.1.1.2.4 Japan: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.3 India: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.3.1 India: Non-Alcoholic Beverages Market, By Type
11.1.1.3.2 India: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.3.3 India: Non-Alcoholic Beverages Market, by Category
11.1.1.3.4 India: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.4 Australia: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.4.1 Australia: Non-Alcoholic Beverages Market, By Type
11.1.1.4.2 Australia: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.4.3 Australia: Non-Alcoholic Beverages Market, by Category
11.1.1.4.4 Australia: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.5 South Korea: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.5.1 South Korea: Non-Alcoholic Beverages Market, By Type
11.1.1.5.2 South Korea: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.5.3 South Korea: Non-Alcoholic Beverages Market, by Category
11.1.1.5.4 South Korea: Non-Alcoholic Beverages Market, by Distribution Channel
11.1.1.6 Rest of Asia Pacific: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
11.1.1.6.1 Rest of Asia Pacific: Non-Alcoholic Beverages Market, By Type
11.1.1.6.2 Rest of Asia Pacific: Non-Alcoholic Beverages Market, by Packaging Type
11.1.1.6.3 Rest of Asia Pacific: Non-Alcoholic Beverages Market, by Category
11.1.1.6.4 Rest of Asia Pacific: Non-Alcoholic Beverages Market, by Distribution Channel
12. Industry Landscape
12.1 Overview
12.2 Partnership
12.3 New Product Development
12.4 Expansion
13. Company Profiles
13.1 The Coca-Cola Company
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Nestlé S.A.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Red Bull
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Califia Farms, LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Keurig Dr Pepper, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Asahi Group Holdings, Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Danone S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SUNTORY HOLDINGS LIMITED.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Bolthouse Farms, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 PepsiCo Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index

LIST OF TABLES
Table 1. APAC Non-Alcoholic Beverages Market –Revenue and Forecast to 2028 (US$ Billion)
Table 2. China Non-Alcoholic Beverages Market, By Type – Revenue and Forecast to 2028 (US$ Billion)
Table 3. China Non-Alcoholic Beverages Market, by Packaging Type– Revenue and Forecast to 2028 (US$ Billion)
Table 4. China Non-Alcoholic Beverages Market, by Category– Revenue and Forecast to 2028 (US$ Billion)
Table 5. China Non-Alcoholic Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Billion)
Table 6. Japan Non-Alcoholic Beverages Market, By Type – Revenue and Forecast to 2028 (US$ Billion)
Table 7. Japan Non-Alcoholic Beverages Market, by Packaging Type– Revenue and Forecast to 2028 (US$ Billion)
Table 8. Japan Non-Alcoholic Beverages Market, by Category – Revenue and Forecast to 2028 (US$ Billion)
Table 9. Japan Non-Alcoholic Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Billion)
Table 10. India Non-Alcoholic Beverages Market, By Type – Revenue and Forecast to 2028 (US$ Billion)
Table 11. India Non-Alcoholic Beverages Market, by Packaging Type– Revenue and Forecast to 2028 (US$ Billion)
Table 12. India Non-Alcoholic Beverages Market, by Category– Revenue and Forecast to 2028 (US$ Billion)
Table 13. India Non-Alcoholic Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Billion)
Table 14. Australia Non-Alcoholic Beverages Market, By Type– Revenue and Forecast to 2028 (US$ Billion)
Table 15. Australia Non-Alcoholic Beverages Market, by Packaging Type– Revenue and Forecast to 2028 (US$ Billion)
Table 16. Australia Non-Alcoholic Beverages Market, by Category– Revenue and Forecast to 2028 (US$ Billion)
Table 17. Australia Non-Alcoholic Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Billion)
Table 18. South Korea Non-Alcoholic Beverages Market, By Type – Revenue and Forecast to 2028 (US$ Billion)
Table 19. South Korea Non-Alcoholic Beverages Market, by Packaging Type – Revenue and Forecast to 2028 (US$ Billion)
Table 20. South Korea Non-Alcoholic Beverages Market, by Category– Revenue and Forecast to 2028 (US$ Billion)
Table 21. South Korea Non-Alcoholic Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Billion)
Table 22. Rest of Asia Pacific Non-Alcoholic Beverages Market, By Type – Revenue and Forecast to 2028 (US$ Billion)
Table 23. Rest of Asia Pacific Non-Alcoholic Beverages Market, by Packaging Type– Revenue and Forecast to 2028 (US$ Billion)
Table 24. Rest of Asia Pacific Non-Alcoholic Beverages Market, by Category– Revenue and Forecast to 2028 (US$ Billion)
Table 25. Rest of Asia Pacific Non-Alcoholic Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Billion)
Table 26. List of Abbreviation

LIST OF FIGURES
Figure 1. APAC Non-Alcoholic Beverages Market Segmentation
Figure 2. APAC Non-Alcoholic Beverages Market Segmentation – By Country
Figure 3. APAC Non-Alcoholic Beverages Market Overview
Figure 4. APAC Non-Alcoholic Beverages Market: By Category
Figure 5. APAC Non-Alcoholic Beverages Market: By Country
Figure 6. APAC Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. APAC Ecosystem: Non-Alcoholic Beverages Market
Figure 9. APAC Non-Alcoholic Beverages Market Impact Analysis of Drivers and Restraints
Figure 10. APAC: Non-Alcoholic Beverages Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 11. APAC Non-Alcoholic Beverages Market Revenue Share, By Type (2021 and 2028)
Figure 12. APAC Carbonated Soft Drinks: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 13. APAC Juices & Nectars: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 14. APAC Bottled Waters: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 15. APAC Dairy-Based Beverages: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 16. APAC Dairy Alternative Beverages: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 17. APAC RTD Tea and Coffee: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 18. APAC Others: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 19. APAC Non-Alcoholic Beverages Market Revenue Share, By Packaging Type (2021 and 2028)
Figure 20. APAC Bottles: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 21. APAC Cartons: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 22. APAC Cans: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 23. APAC Pouches: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 24. APAC Non-Alcoholic Beverages Market Revenue Share, By Category (2021 and 2028)
Figure 25. APAC Sugar-Free: Non-Alcoholic Beverages Market– Revenue and Forecast To 2028 (US$ Billion)
Figure 26. APAC Conventional: Non-Alcoholic Beverages Market– Revenue and Forecast To 2028 (US$ Billion)
Figure 27. APAC Non-Alcoholic Beverages Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 28. APAC Supermarkets & Hypermarkets: Non-Alcoholic Beverages Market– Revenue and Forecast To 2028 (US$ Billion)
Figure 29. APAC Convenience Stores: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 30. APAC Online Retail: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 31. APAC Others: Non-Alcoholic Beverages Market – Revenue and Forecast To 2028 (US$ Billion)
Figure 32. Asia Pacific: Non-Alcoholic Beverages Market, by Key Country- Revenue (2021) (US$ Million)
Figure 33. Asia Pacific: Non-Alcoholic Beverages Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. China: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
Figure 35. Japan: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
Figure 36. India: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
Figure 37. Australia: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
Figure 38. South Korea: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)
Figure 39. Rest of Asia Pacific: Non-Alcoholic Beverages Market–Revenue and Forecast to 2028 (US$ Billion)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific non-alcoholic beverages market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific non-alcoholic beverages market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the non-alcoholic beverages market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

● Asahi Group Holdings, Ltd.
● Bolthouse Farms, Inc.
● Califia Farms, LLC
● Danone S.A.
● Keurig Dr Pepper, Inc.
● Nestlé S.A.
● PepsiCo Inc.
● Red Bull
● SUNTORY HOLDINGS LIMITED.
● The Coca-Cola Company

At 6.7% CAGR, the Asia Pacific Non-Alcoholic Beverages Market is speculated to be worth US$ 689.86 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the Asia Pacific non-alcoholic beverages market was valued at US$ 466.28 million in 2022 and is expected to reach US$ 689.86 million by 2028, registering a CAGR of 6.7% from 2022 to 2028. Sustainable and innovative packaging to appeal to consumers and rising popularity of plant-based beverages are the critical factors attributed to the market expansion.

In recent times, consumers have become more aware of environmental sustainability. Regional population growth and urbanization are the primary causes of natural resource depletion, global warming, overflowing landfills, and infertile lands. Today, plastic waste is one of the biggest environmental problems causing significant harm to the overall ecosystem. The packaging industry accounts for most of the plastic usage and plastic waste generation. According to Plastic Oceans International, the packaging industry is the largest end user of plastic, accounting for more than 40% of the total plastic usage. Due to the rising concerns regarding waste generation and landfills, the preference for sustainable and eco-friendly packaging has grown significantly. The manufacturers of non-alcoholic beverages are also launching products in sustainable packages to meet the changing consumer requirements and reduce their carbon footprints. PepsiCo, one of the prominent soft drink manufacturers, has partnered with Pulpex, a packaging technology company, to develop and scale the fully recyclable paper bottle. The paperboard used for developing the bottle is sustainably sourced and 100% recyclable. Moreover, the bottle is coated with a food-grade, water-based coating to prevent leaks. Before launching the bottle in the market, it will undergo extensive laboratory tests to evaluate its safety, recyclability, and performance. Such initiatives are expected to provide immense growth opportunities to the Asia Pacific non-alcoholic beverages market over the forecast period. Another sustainable packaging trend prevailing in the market is the increased use of post-consumer recycled (PCR) plastic. PCR plastics are made from previously used and recycled plastic bottles and other plastic items. PCR plastic supports consumer demand for sustainable packaging and reduces landfill waste from single-use plastics. The manufacturers of non-alcoholic beverages are also investing in innovative packaging to attract many consumers. For instance, High Brew Coffee offers ready-to-drink coffee in self-heating cans. These cans are powered with HeatGen technology that heats the beverage within two minutes. Moreover, it has passive thermal controls that ensure the heat does not exceed the defined temperature. Such packages are projected to gain massive traction among tech-savvy consumers, opening significant growth opportunities in the Asia Pacific non-alcoholic beverages market.

On the contrary, concerns related to high-sugar content of beverages hurdles the growth of Asia Pacific non-alcoholic beverages market.

Based on type, the Asia Pacific non-alcoholic beverages market is segmented into carbonated soft drinks, juices & nectars, bottled waters, dairy-based beverages, dairy alternative beverages, RTD tea & coffee, and others. The carbonated soft drinks segment held 26.8% market share in 2022, amassing US$ 124.82 million. It is projected to garner US$ 158.99 million by 2028 to expand at 4.1% CAGR during 2022–2028.

Based on packaging type, the Asia Pacific non-alcoholic beverages market is segmented into bottles, cartons, cans, and pouches. The bottles segment held 51.3% market share in 2022, amassing US$ 239.15 million. It is projected to garner US$ 331.86 million by 2028 to expand at 5.6% CAGR during 2022–2028.

Based on category, the Asia Pacific non-alcoholic beverages market is bifurcated into sugar-free and conventional. The conventional segment held 79.0% market share in 2022, amassing US$ 368.51 million. It is projected to garner US$ 533.30 million by 2028 to expand at 6.4% CAGR during 2022–2028.

Based on distribution channel, the Asia Pacific non-alcoholic beverages market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held 50.4% market share in 2022, amassing US$ 234.81 million. It is projected to garner US$ 338.99 million by 2028 to expand at 6.3% CAGR during 2022–2028.

Based on country, the Asia Pacific non-alcoholic beverages market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that rest of Asia Pacific captured 43.5% market share in 2022. It was assessed at US$ 202.88 million in 2022 and is likely to hit US$ 290.08 million by 2028, exhibiting a CAGR of 6.1% during the forecast period.

Key players profiles in the Asia Pacific non-alcoholic beverages market report are Asahi Group Holdings, Ltd.; Bolthouse Farms, Inc.; Califia Farms, LLC; Danone S.A.; Keurig Dr Pepper, Inc.; Nestlé S.A.; PepsiCo Inc.; Red Bull; SUNTORY HOLDINGS LIMITED.; and The Coca-Cola Company, among others.

In July 2022, Keurig launch of BLK & Bold K-Cup pods. The agreement is to makes available the largest black-owned coffee brand with 36 million+ households in Keurig brewer. In July 2021, Danone S.A. plans to offer new plant-based milk alternatives with improved taste and texture later this year in 2021.