Powdered Beverage Market Study for 2022 to 2030 providing information on Key Players, Growth Drivers and Industry challenges

The Global Powdered Beverage Market is presently worth USD 1.60 billion and is poised to amplify at a CAGR of 12% over 2022-2030, thereby amassing a valuation of USD 3.96 billion by end of the assessment timeline.
Non-alcoholic drinks that have been supplemented with vitamins and minerals are known as powdered beverages. The market is growing as a result of changing lifestyles, rising consumer knowledge of powdered beverages and their health benefits, and fast industrial and urbanisation.

The market is growing as a result of a shift in consumer choice toward food products that can be consumed on-the-go, like energy drinks and milk-based beverages. The powdered drinks are further divided into three main categories: milk drinks, soft drinks, and hot beverages.

What are the growth determinants of this marketplace?
Drinks that are powdered are becoming a viable substitute for ready-to-drink drinks. Applications expanding in a variety of beverages, including coffee, soft drinks, fruit juices, sports & nutritional drinks, and soft drinks, are anticipated to spur market expansion.

The sales of powdered beverages are anticipated to increase as the demand for functional food and beverage products rises. In order to include these goods into their daily routines, consumers are looking for products with added nutrients and wellness elements.

The longer shelf life of powdered beverages is another factor contributing to their rising popularity. These goods are the perfect option for camping, travelling, and emergency use because they don't need to be stored at precise temperatures and have a longer shelf life.

The market will expand as single-use powdered beverages are increasingly preferred for restricted consumption. To appeal to health-conscious consumers, players are providing distinctive flavours and ingredients with high protein and fibre content. It is believed that such developments will be positive for the market.

In addition, rising consumer preference for natural and organic goods is fuelling product advancements in the market for powdered drinks. To appeal to consumers who are health-conscious, producers are adding ingredients like pea protein, fibre, and natural sweeteners.

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Global Powdered Beverage Market- Segmental assessment

By type
• Single serve
• Multi serve
• Others

By nature
• Organic
• Conventional
• Others

By flavour
• Unflavoured
• Flavoured
• Chocolate
• Orange
• Lemon
• Mango
• Strawberry
• Mixed fruit

By application
• Sports drinks
• Fruit juices
• Soft drinks
• Coffee
• Dairy
• Others

By distribution channel
• Hypermarket/supermarket
• Convenience stores
• Online retailers
• Specialty sores
• Mass grocery stores
• Other retail formats

Global Powdered Beverage Market- Geographical landscape

The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, Europe is projected to capture a substantial revenue share over 2022-2030, The expansion can be due to big players' increasing investment in R&D operations.

Global Powdered Beverage Market- Competitive landscape

The prominent companies defining the competitive terrain of this marketplace are Cargill Incorporation, Nestlé S.A., Hansen Holding A/S, TreeHouse Foods, Inc., The Kraft Heinz Company, Simatek A/S, NELLSON ANAHEIM, CP Kelco U.S., Inc., Insta Foods, Firmenich SA, Tate & Lyle plc, Bemis Company, Inc, SMC Enterprise Ltd, Stokely-Van Camp, Inc., Coperion GmbH, Sugam products, and PureCircle's.

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Frequently Asked Questions
• What is the CAGR rate for Global Powdered Beverage Market over 2022-2030?
• What are the major drivers which aid the Global Powdered Beverage Market?
• What are the segments of the Global Powdered Beverage Market?
• Which is the fastest growing region in the Global Powdered Beverage Market?
• What are some major strategies used by top players for the expansion of their business in the Global Powdered Beverage Market?

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