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Non-alcoholic Drinks Market Size To Expand at 5.3% CAGR By 2025, Owing to High Demand for Nutritional Beverages | Million Insights
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In 2018, the North American dominated the market with a share of over 34.0% in the overall market. The companies are also focusing on strategic initiatives such as acquisitions, and product launches to meet the changing consumer demands. These new products include less sugar, low calorie, and natural elements. All these factors are expected to boost non-alcoholic drinks market growth.
For instance, in 2019, the Coca-Cola Company introduced different cocktails under sparkling drinks in the U.S. market. These products come with flavors such as Sangria, Bellini Spritz, and Ginger Mule . The company has launched these products as an option for alcoholic drinks.
Major players include PepsiCo, Inc.; Nestle S.A.; The Coca-Cola Company; Starbucks Corporation; Danone S.A.; Parle Agro and Unilever.
https://www.millioninsights.com/industry-reports/global-non-alcoholic-drinks-market
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