A drink that is made without alcohol or with the amount of alcohol reduced to almost nothing is called an alcohol-free or non-alcoholic drink, sometimes referred to as a temperance drink. These include non-alcoholic beer (often referred to as "near beer"), non-alcoholic mixed beverages (sometimes called "virgin cocktails"), and "mocktails," and they are typically available anywhere, including convenience stores and online grocery stores. Among the most popular non-alcoholic beverages are carbonated soft drinks and flavored drinks.
Saudi Arabia Non-Alcoholic Drinks Market Driving Factors and Challenges
Driving Factors:
Growing Consumer Awareness of Health Issues - Consumers' health benefits from drinking non-alcoholic beverages are driving the market's growth. Numerous studies have demonstrated that consuming mineral water, fruit juices, energy drinks, and other comparable liquids can minimize mental fatigue while simultaneously improving general brain functions including memory and response time. Drinking non-alcoholic beverages in moderation helps with focus, weight loss, and physical endurance. The Saudi Arabian market for non-alcoholic beverages is expanding as a result of all these causes.
Growing Adoption Of Internet-Based Sales Channels - Grocery shopping is increasingly being done online, especially by young folks and working adults who struggle to find the time to visit conventional convenience stores. Additionally, the industry is expanding due to the launch of online grocery stores like Nana Direct, Khodar and More, Noon, Amazon SA, and others, as well as the rising popularity of mobile wallets and online payment methods.
Challenges:
Sugar and Calorie Concerns - Health-conscious consumers are concerned about the high sugar content of non-alcoholic beverages. The popularity of sugary drinks may dissuade some individuals from purchasing them, resulting in a need to seek healthier alternatives.
Regulatory Measures - Government laws aimed at reducing sugar-based drinks, such as sugar levies and labeling regulations, may provide problems to the non-alcoholic beverage business. Compliance with these regulations may result in increased expenses and reduced product offerings.
Impact of COVID-19 on Saudi Arabia Non-Alcoholic Drinks Market
The COVID-19 pandemic outbreak had an initial detrimental influence on Saudi Arabia's non-alcoholic beverage business. Although the market demand for non-alcoholic drinks such as bottled water and energy drinks increased, distribution methods were entirely shut down. This resulted in a significant demand and supply gap for non-alcoholic beverages in convenience stores and supermarkets. However, the market is expected to rise significantly following the shutdown as the supply of non-alcoholic beverages refills.
Saudi Arabia Non-Alcoholic Drinks Market Key Players:
Nestle Water Factory Co Ltd, Saudi Snack Food Co. Ltd, Al Aujan Holding Company, Aquat Food Industries Co. Ltd, Middle East & North Africa Beverages Manufacturing Co, Gulf Union Food Company, Danya Foods Ltd Company, Tania Water Factory, Hana Food Industries Company, and Arrow Beverage Factory are just a few of the major market players that are thoroughly examined in this market study along with revenue analysis, market segments, and competitive landscape data.
Saudi Arabia Non-Alcoholic Drinks Market Segmentation:
By Product Type: Based on the Product Type, Saudi Arabia Non-Alcoholic Drinks Market is segmented as; Bottled Water, Fruit Juices & Flavored Drinks, Carbonated Soft drinks, Functional/Energy & Sports Drinks, Others.
By Packaging Type: Based on the Packaging Type, Saudi Arabia Non-Alcoholic Drinks Market is segmented as; Bottles, Cans, Cartons, Others.
By Distribution Channel: Based on the Distribution Channel, Saudi Arabia Non-Alcoholic Drinks Market is segmented as; Supermarkets/Hypermarkets, Online, Departmental Store, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region, Central region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.