Pune, India, January 19, 2018/MRFR Press Release/- Market Research Future Published a Half Cooked Research “Global Beauty Drinks Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023
Global Beauty Drinks Market – Overview
Due to the large number of health advantages associated to the beauty drinks consumption, the market is growing at an incremental pace globally. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Beauty Drinks Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Increase in the health awareness and rising demand for convenience beverages as energy booster has prompted the growth of beauty drinks market on a global level. The sector is driven by increasing disposable income and rising health consciousness among the consumers. Additionally, to cope up with the hectic and dynamic lifestyle, consumers demand “on-the-go” beverages which impart instant energy to the body. Hence, with the growth of functional beverages market, the demand for beauty drinks has surged.
Urbanization and technological advancements are to be created when it comes to the major reason for the boost experienced by the beauty drinks beverages sector. The sector is majorly driven by the demand directed from the food & beverage sector for innovative drinks. Based on rising demand for RTD’s from consumers end, manufacturers of sports and energy drinks have also entered the race. Owning to this, there has been a constant surge in the demand for beauty drinks in the sports and energy drinks sector.
Furthermore, boost in fitness and wellness sector has enhanced the market growth trajectory to an elevated level. Fast pace of lifestyle, increase in awareness related to health benefits obtained from the consumption of functional foods and beverages have raised the demand for beauty drinks on a global level. However, product adulteration and presence of counterfeit products possess major threat to this market.Â
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Latest Industry Updates
Sep 2017Â U.K start-up Protein Water Co has launched its inaugural range of functional waters in its home market. The Muscle Maintenance range comprises three variants - Grapefruit & Yuzu, Cranberry & Raspberry and Coconut & Mango.
Jul 2017Â Rosa Foods, the makers of Soylent has launched its suite of nutritionally complete, ready-to-drink meals at 18 participating 7-Eleven stores in the Greater Los Angeles area beginning July 10. The 7-Eleven locations currently plan to sell three Soylent flavors: Cacao, Cafe Coffiest and the new Cafe Chai.
May 2017Â Chias Brothers Europe, one of the first European producers of chia seeds beverages and the first on the Polish market, has launched a Chias Functional drinks line with two products:Â Harmony and Energy
Mar 2016 The New York City-based functional beverage brand’s Raw Detox drink has launched a surprisingly refreshing combination of activated charcoal, cold-pressed lemon juice, ginger, and dandelion root, all housed in a sleek, striped bottle.
Global Beauty Drinks Market - Competitive Analysis
With rising health consciousness on a global level, the demand for beauty drinks has experienced a surge. Owning to this, established manufacturers in the global functional drinks market have started high R&D investments to enhance their product quality and bring variety in their existing product-line. New players are identified to enter into the market based on escalating demand from the consumers end. The key strategy followed by new players majorly includes product innovations in order to create product differentiation and increase the sales of their product.
With the entry of new players in the beauty drink beverages segment established players have been identified to have entered into rivalry where they are observed to compete in terms of product prices and quality. Companies are also highly focusing on product promotions to capture large consumer base. The key players profiled in beauty drinks are AMC Grupo AlimentaciĂłn Fresco y Zumos, SA (Spain), Asterism Healthcare plus, Inc. (U.S.), Hangzhou Nutrition Biotechnology Co., Ltd. (China), Coca-Cola Company. (U.S.), Juice Generation (France), Groupon Inc. (U.S.), and Kinohimitsu (Taiwan) among many others.
Global Beauty Drinks Market – Segments
The global beauty drinks market has been divided into ingredient, claim, distribution channel, and region.
On the Basis of Ingredient: Vitamins & Minerals, Fruit Extracts, Coenzymes, Proteins and others, and Others
On the Basis of Claim: Anti-Ageing, Detoxifier, Energizers, and Others
On the Basis of Distribution Channel: Store Based, and Non-Store Based
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
Global Beauty Drinks Market - Regional Analysis
The global beauty drinks market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global beauty drinks market is highly dominated by the North America and Europe due to escalating demand for functional beverages and energy booster drinks from these regions. Moreover, Asia Pacific region is the fastest growing region due to changing lifestyle and increasing health consciousness. The consumption of beauty drinks in countries like India and Brazil is expected to grow in upcoming years.
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Base Year | 2017 |
Companies Covered | 15 |
Pages | 90 |
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