India, Feb. 5 -- India's other beverages sector, encompassing juices, energy drinks, bottled water, and RTD options, thrives amid rising health awareness and urbanization. In FY 2025, the broader packaged beverages market is set for steady growth at a 3.02% CAGR through 2033, building from USD 57.4 billion in 2024, fueled by demand for functional and convenient drinks. Non-alcoholic segments, including these categories, project robust expansion with an 8.16% CAGR to USD 68.73 billion by 2033. Consumers increasingly favor low-sugar, natural variants for on-the-go hydration.

With a market capitalization of Rs 1,50,447.77 crore, the shares of Varun Beverages Ltd closed at Rs 444.85 per share, decreased around 1.43 percent as compared to the...