How big is the beverage manufacturing market | Growth Insights 2025

Code: MTA5908 Publication Date: Jul 2025

How big is the beverage manufacturing market?

According to 6Wresearch internal database and industry insights,the beverage manufacturing market was valued at approximately USD 1,747.6 billion in 2024 and is projected to reach USD 2,765.4 billion by 2031, growing at a CAGR of 6.8% during the forecast period.

This market growth is driven by increasing worldwide consumption of functional and ready-to-drink beverages, rising urbanization, evolving consumer lifestyles, and strong demand for health-conscious, low-sugar, and plant-based drink options. Expansion of manufacturing automation and sustainability in production also supports market advancement.

Key Growth Factors of the Beverage Manufacturing Market

  • Rising demand for functional and low-calorie beverages
  • Expansion of premium and health-centric drink categories
  • Growing penetration of automated and smart manufacturing technologies
  • Innovation in packaging and sustainable production methods
  • Increasing urban populations and changing dietary habits worldwide

Beverage Manufacturing Market Trends

The market is experiencing a shift toward natural ingredients, sugar-free formulations, and personalized nutrition-based drinks. Ready-to-drink teas, protein beverages, plant-based milks, and infused water are gaining popularity. Manufacturers are adopting eco-friendly packaging and clean-label formulations to align with consumer preferences.

Emerging Developments in the Beverage Manufacturing Market

Advancements in cold-fill and aseptic processing technologies are improving shelf life and product safety. Integration of IoT and AI in manufacturing lines is enhancing productivity and traceability. Manufacturers are investing in sustainable sourcing, biodegradable packaging, and zero-waste production to meet ESG goals and appeal to eco-conscious consumers.

Major Companies in the Beverage Manufacturing Market

  • PepsiCo, Inc.
  • The Coca-Cola Company
  • Nestlé S.A.
  • Danone S.A.
  • Keurig Dr Pepper Inc.
  • Anheuser-Busch InBev
  • Suntory Holdings Limited

How big is the beverage manufacturing market : FAQs

The beverage manufacturing market is projected to reach USD 2,765.4 billion by 2031.
The beverage manufacturing market is expected to grow at a CAGR of 6.8% during the forecast period.
Functional drinks, plant-based beverages, RTD coffee and tea, and low- or zero-sugar soft drinks are among the fastest-growing categories.
Smart factories, AI-enabled quality control, biodegradable packaging, and personalized beverage formulation are key innovations.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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