Product Code: ETC024999 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Hungary Non-Alcoholic Drink market currently, in 2023, has witnessed an HHI of 1314, Which has decreased slightly as compared to the HHI of 1471 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Hungary non-alcoholic drink market is experiencing growth driven by shifting consumer preferences towards healthier beverage options and the rising demand for functional drinks. Key segments include bottled water, soft drinks, energy drinks, and ready-to-drink teas and coffees. Health-conscious consumers are driving demand for natural ingredients, low sugar, and innovative flavors in non-alcoholic beverages in Hungary.
Changing consumer preferences towards healthier beverage options, coupled with growing concerns about sugar intake and obesity, are driving the demand for non-alcoholic drinks in Hungary. The market is witnessing a shift towards natural ingredients, functional beverages, and low-calorie options to cater to health-conscious consumers. Additionally, innovations in flavors, packaging, and marketing strategies are contributing to the growth of the non-alcoholic drink market in Hungary. With a focus on hydration, wellness, and convenience, manufacturers are introducing a diverse array of products ranging from flavored water and herbal teas to energy drinks and ready-to-drink smoothies.
In Hungary non-alcoholic drink market, challenges revolve around shifting consumer preferences towards healthier beverage options and increasing concerns about sugar content and artificial additives. Market players face pressure to innovate and diversify their product offerings while navigating stringent regulations and supply chain disruptions.
In Hungary, the government has implemented various policies to regulate and promote the non-alcoholic drink market, reflecting its commitment to public health and consumer safety. Measures such as taxation on sugary beverages aim to reduce excessive consumption and combat obesity-related health issues. Moreover, quality standards and labeling regulations are enforced to ensure transparency and protect consumers from misleading marketing practices. Additionally, the government supports initiatives to promote the production and consumption of locally sourced and healthier alternatives, such as natural fruit juices and infused waters, to stimulate market diversification and innovation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Non-alcoholic Drink Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Non-alcoholic Drink Market Revenues & Volume, 2019 & 2026F |
3.3 Hungary Non-alcoholic Drink Market - Industry Life Cycle |
3.4 Hungary Non-alcoholic Drink Market - Porter's Five Forces |
3.5 Hungary Non-alcoholic Drink Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Hungary Non-alcoholic Drink Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Hungary Non-alcoholic Drink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Non-alcoholic Drink Market Trends |
6 Hungary Non-alcoholic Drink Market, By Types |
6.1 Hungary Non-alcoholic Drink Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Hungary Non-alcoholic Drink Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Hungary Non-alcoholic Drink Market Revenues & Volume, By Carbonated Drinks, 2016 - 2026F |
6.1.4 Hungary Non-alcoholic Drink Market Revenues & Volume, By Non-Carbonated Drinks , 2016 - 2026F |
6.2 Hungary Non-alcoholic Drink Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Hungary Non-alcoholic Drink Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Hungary Non-alcoholic Drink Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Hungary Non-alcoholic Drink Market Import-Export Trade Statistics |
7.1 Hungary Non-alcoholic Drink Market Export to Major Countries |
7.2 Hungary Non-alcoholic Drink Market Imports from Major Countries |
8 Hungary Non-alcoholic Drink Market Key Performance Indicators |
9 Hungary Non-alcoholic Drink Market - Opportunity Assessment |
9.1 Hungary Non-alcoholic Drink Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Hungary Non-alcoholic Drink Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Hungary Non-alcoholic Drink Market - Competitive Landscape |
10.1 Hungary Non-alcoholic Drink Market Revenue Share, By Companies, 2019 |
10.2 Hungary Non-alcoholic Drink Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |