Global
Beverage Ingredients Market: Overview
The
beverage choice of consumers is no longer restricted to the purpose
of refreshment but are influenced by diverse aspects. It is because
of this that the leading beverages producers are focusing more on
ingredients to cater to the dynamic consumer preferences.
The
report provides a comprehensive market overview covering the current
trends, growth drivers, and key restraints. Based on information
sourced through proven research methodologies the report provides
refined outlook for future years. Besides these, it also includes a
detailed assessment of the latest technologies influencing the market
and studies the impact of Porter’s five forces.
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Global
Beverage Ingredients Market: Trends and Opportunities
The
pace at which younger population worldwide is increasing, it is very
likely for the global beverage ingredients market to witness a high
spike in the demand. Besides this, the market is also slated to gain
from the increasing popularity of sports and the expanding fast food
chains where beverages are often served as complimentary. In western
countries particularly, a considerable rise in the demand for
beverage is noted with the dip in temperatures. While these factors
will spur opportunities for the existing players, the market in whole
is also expected to gain from the entry of new beverage ingredients.
However,
the increasing health consciousness among common men has become a
major concern for the market. The risks associated with the increased
consumption of caffeinated drinks that can lead to the viscous cycle
of insomnia and fatigue could hinder the market’s trajectory to an
extent. While zero calorie beverages might appear appealing at first
but studies say they can hurt the metabolism as well thereby having
negative impact on the way body responds to sugar. Nevertheless,
market players are trying new methods of countering the bottlenecks.
For instance, the introduction of light or sugar free drinks provides
significant opportunities to attract female consumers.
Global
Beverage Ingredients Market: Regional and Other Key Segments
Among
the key regional segments, which include North America, Asia Pacific,
Europe, and Rest of the World, North America led the global
beverage ingredients market, trailed by Europe and Asia Pacific.
In Asia Pacific, India and China have emerged as major markets for
beverage ingredients. These countries exhibit superiority in both
price competitiveness and expansion. Based on types, the global
beverage ingredients market can be classified into juices, soft
drinks, and alcoholic beverages. Based on in-depth research, the
report foretells the demand for ready to drink non-alcoholic
beverages will pace higher than any other market segments.
Besides
these, the report also presents a detailed assessment of the market
based on beverage ingredient. Among the key segments, tea evidently
witness stronger demand due to its higher consumption than coffee and
carbonated or flavored drinks.
Global
Beverage Ingredients Market: Vendor Landscape
In
order to study the competitive landscape, the report also profiles
some of the leading companies operating in the global beverage
ingredients market. Some of these enterprises are Anheuser-Busch
InBev, Coca-Cola, PepsiCo, Monsanto Company Inc., GlaxoSmithKline,
Red Bull GmBH, and Kraft Foods Inc.
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