LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Non Alcoholic Beverages Category - Procurement Market Intelligence Report. This report predicts an accelerating spend growth momentum for this category owing to the consumers’ shifting preference from alcoholic drinks to non alcoholic drinks. Additionally, the non alcoholic beverages market is experiencing a demand surge in the sports and energy drink segment, which is the largest segment of the global non alcoholic beverages market. This is majorly contributing towards the growth of non alcoholic beverages brands.
“Suppliers must implement a demand planning and forecasting mechanism to cater to the increasing demands for non alcoholic beverages,” said SpendEdge procurement expert A. Kowshik. “Also, one of the most important supplier selection metrics is their logistics and distribution capabilities since non alcoholic drinks cannot be stored for a longer duration,” added Kowshik.
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SpendEdge’s procurement market intelligence reports for the food and beverages category offer information on procurement organization and category management. The reports offer a detailed overview of the supplier market ecosystem and supplier cost breakup. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the non alcoholic beverages market.
- Consumer preference for non alcoholic drinks
- Increasing distribution channels have improved product accessibility to customers
- To know more, view the full report
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Report scope snapshot: Non alcoholic beverages market
Category pricing insights
- Supply chain margins
- Cost drivers impacting pricing
- Volume drivers impacting pricing
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Cost-saving opportunities
- Quantifying cost-saving opportunities
- Quantifying cost savings by negotiation strategies
- Supplier side levers
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Category management enablers
- Procurement organization
- Category enablers
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