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Explore Global Beauty Drinks Market Size, Share, Development, Growth and Demand Forecast to 2023
Beauty Drinks Market
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The ingredients with high antioxidants, such as botanical extracts from fruits and other plants, minerals and vitamins are used in beauty drinks. Some of the other major ingredients of beauty drinks include exotic berry, tea polyphenols, açai extract and EGCG (epigallocatechin gallate).
The consumer between 16-35 years of age (younger women), is expected to account for the largest market share during the forecast period. The convenience associated with beauty drinks, along with low or zero side effects of these drinks are propelling its demand among the younger women.
At present, the global beauty drinks market is at its embryonic stage. Both, the product and the competitors are in small numbers.
Europe accounted for the largest market share in the global beauty drinks market in 2015. The growing aspiration to look young and beautiful in aging population of Western Europe countries is fueling the growth in Europe. North America is expected to witness the fastest growth during the forecast period. Japan, South Korea, and China are some of the fastest growing markets in Asia-Pacific.
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In recent years, many players from food industry, such as Samyang Group (China) have entered in beauty drinks market. The barriers for entry in this market are low for food companies.
The major players operating in global beauty drinks market include The Coca-Cola Company, Zoppas Industries Group, Sappe Public Company Limited, DyDo DRINCO, INC., Big Quark LLC, and Nestlé S.A.
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