The global non-alcoholic beverage market is forecast to grow to $1.62 trillion by 2025.
Dedicated alcohol alternatives are seeing significant growth. US sales of non-alcoholic beer grew 34.8% in 2020, hitting $1.7 billion.
Alcohol-free versions of spirits are growing especially quickly.
In major markets, consumption of zero-alcohol spirits, beer, and wine is expected to increase 31% by 2024.