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Instant Beverages Premix Market on Target to Reach $99,193 Million by 2022

02-27-2020 02:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Instant Beverages Premix Market

Instant Beverages Premix Market

Instant Beverage Premix Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $99,193 million by 2022, registering a CAGR of 6.0% during the period 2016 - 2022.The instant coffee segment generated the highest revenue in the global instant beverage premix market. The Asia-Pacific region held the leading position in the global market in 2015, and is expected to maintain its lead throughout the study period.

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Factors such as increase in obesity concerns and health awareness among youth are expected to fuel the market growth during the forecast period. Some of the major health benefits offered by the instant beverage premixes are enhanced brain functionality, increased metabolism, and healthy hydration. The stringent regulations for approval of food & beverages products are expected to hamper the market growth during the forecast period.

The instant milk segment is expected to grow at a significant rate during the forecast period, as instant milk has longer shelf life compared to regular liquid milk. It comprises high nutritional compositions including proteins, vitamins, potassium, and minerals. Instant powdered milk products are comparatively cheaper than fresh milk, which fuels the consumption of instant milk.

The Asia-Pacific region accounted for the largest share in the global instant beverage premix market in 2015, and is expected to maintain its leading position during the forecast period. This is attributed to the rise in awareness about nutritional advantage of instant beverage premix and increase in income levels in the region.

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Top Key Players: Ito En Ltd, The Republic of Tea Inc., Suntory Beverage & Food Ltd., The Coca-Cola Co., Monster Beverage Co., Keurig Green Mountain Inc., Dunkin Brands Group Inc., Starbucks Corp., PepsiCo Inc., and Ajinomoto General Foods Inc.

Key findings of the Instant Beverage Premix Market:

o The instant beverage premix segment occupied the highest share in 2015, and is expected to grow at a CAGR of 5.6% in terms of value during the forecast period.
o China is the leading consumer of instant beverage premix, accounting for approximately one-fifth share of the Asia-Pacific market, followed by India.
o The instant milk segment is expected to grow at the highest CAGR of 9.6% in the product type segment, in terms of revenue, during the forecast period.
o The Asia-Pacific region accounted for more than one-third share of the global instant beverage premix market in 2015.
o The U.S. is the leading market for instant beverage premix in the North American region, registering a CAGR of 6.5% in terms of value during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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