The global beverage industry is valued at $1.8 trillion for 2022, with private label beverages expected to continue expanding. Growing at a compound annual growth rate (CAGR) of 4%, the industry is expected to be valued at $1.96 trillion by 2024.
The global non-alcoholic beverages market size was valued at $919.13 Bn in 2019 & is projected to reach $1,257.77 Bn by 2027, exhibiting a CAGR of 8.20% during the forecast period.