Non-Alcoholic Drinks - Australia

  • Australia
  • The Non-Alcoholic Drinks market in Australia is projected to generate a revenue of AU €20.0bn in 2023.
  • It is anticipated that the market will experience an annual growth rate of 4.42% (CAGR 2023-2027).
  • Among the various segments within the market, Soft Drinks emerges as the largest, with a market volume of AU €14.4bn in 2023.
  • When compared globally, in the United States leads in terms of revenue generation, with an estimated amount of AU €466bn in 2023.
  • In relation to the overall population figures, per person revenues are projected to reach AU €760.20 in 2023.
  • E-commerce is expected to contribute 6.2% of the total revenue in the Non-Alcoholic Drinks market by 2023.
  • By 2027, out-of-home consumption, such as in bars and restaurants, is predicted to account for 53% of spending and 14% of volume consumption within the market.
  • Looking ahead, the volume of the Non-Alcoholic Drinks market is expected to reach 4.7bn L by 2027, displaying a growth rate of 0.3% in 2024.
  • Furthermore, the average volume per person in the Non-Alcoholic Drinks market is projected to be 178.60L in 2023.
  • Australia's growing health consciousness has led to a surge in demand for non-alcoholic drinks, with a strong preference for natural and organic options.

Key regions: Worldwide, United States, India, Vietnam, Australia

 
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Analyst Opinion

Growing awareness for health and wellness has put pressure on the sugared mainstays of the non-alcoholic drinks business: carbonated soft drinks, such as cola beverages and lemonades. Spending is shifting towards healthier, less-sugared products like bottled water and artificially sweetened Soft Drinks. A stable pillar of the industry is the food service market as roughly two out of five US$ spent globally on non-alcoholic drinks are attributable to consumption away from home.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on total consumer spending on Non-Alcoholic Drinks, which comprises all private household spending on Non-Alcoholic Drinks including at-home, out-of-home, as well as online and offline spendings.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Visión general

  • Revenue
  • Key Players
  • Analyst Opinion
  • Sales Channels
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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