The
global beverages ingredients market is studied in a new report by
Transparency Market Research (TMR). The report is titled, ‘Beverage
Ingredients Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 – 2019.’ It presents a detailed
overview of the market’s historical development trajectory and its
current revenue estimations. An in-depth analysis of these statistics
is used to derive insightful information about the beverages
ingredients market’s future growth.
View
exclusive Global strategic Business report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1543
Today,
beverage choices for consumers are no longer limited to refreshment
drinks; they are influenced by factors such as ingredients, health
benefits, and flavor. The popularity of beverages is increasing among
younger consumers and thus, the global beverages ingredients market
is anticipated to witness bright prospects in the coming years. The
attraction of the urban youth towards the café culture is also
driving the market. Overall, there is a rise in the demand for energy
drinks, soft drinks, juices, carbonated soft drinks, and functional
and flavored waters. This will contribute to the growth of the
beverages ingredients market.
Countries
such as UAE, Brazil, China, and India have a high consumption rates
of carbonated drinks owing to the rising disposable income and
changing lifestyles. This is also aiding the growth of the market. In
the coming years, it is expected that rising health and wellness
awareness will help drive innovation in powdered beverages. New
ingredients will enable the growth of the market. Players are also
focusing on developing new and improved varieties of beverage
ingredients to secure a competitive edge. Technological advancements
in the food and beverage packaging sector have resulted in longer
shelf life of beverages and this is having a positive impact on the
market.
Analysts
predict that there will be a shift in the preference towards drinks
that boost good health or fitness such as energy drinks and beverages
with zero-calorie and sugar. An increase in the prevalence of obesity
and diabetes is driving consumers towards these types of beverages.
As such, energy drinks are likely to demonstrate a significant growth
rate over the forecast period owing to several health benefits.
The
demand for ready-to-drink (RTD) tea and coffee from the corporate
sector and other outlets will also increase in the coming years,
boosting the global
beverages ingredients market. On the other hand, minor health
issues such as fatigue and insomnia owing to the consumption of
caffeinated drinks will hinder the market’s growth to some extent.
Major
beverage ingredients used include oligosaccharides, botanicals,
sweeteners, colors, acidulants, flours, cocoa ingredients, vitamins,
fats and oils, flavors, emulsifiers, proteins, and minerals. By type
of beverage, the market is segmented into soft drinks, alcoholic
beverages, and juices. On the basis of geography, North America,
followed by Europe and Asia, is a dominant consumer of beverages.
Key players profiled in the market are Coca-Cola, Red Bull GmBH, PepsiCo, Anheuser-Busch InBev, Kraft Foods Inc., Monsanto Company Inc., and GlaxoSmithKline
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