Press release
Wellness drinks market: The global market is expected to grow at a CAGR of 6.5% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Wellness drinks market size accounted for USD 204.5 Billion in 2022, growing at a CAGR of 6.5% from 2023 to 2033. The wellness drinks market refers to the industry that produces and sells beverages specifically formulated to promote health, well-being, and functional benefits. Wellness drinks are designed to provide consumers with added nutritional value, hydration, and various health benefits beyond basic hydration.The market for wellness drinks has experienced significant growth in recent years as consumer interest in health and wellness has increased. Factors such as changing lifestyles, rising health consciousness, and a desire for convenient and functional products have contributed to the popularity of these beverages.
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Key Highlights:
• The global Wellness drinks market size was valued at USD 204.5billion in 2022 growing at a CAGR of 6.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Wellness drinks market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Wellness drinks market report also includes the following data points:
• COVID19 Impact on Wellness drinks market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Wellness drinks market
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Key Players
Some of the major Wellness drinks market players holding high market share include The Coca-Cola Company, Monster Beverage Corporation, PepsiCo and Red Bull GmbH. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• The Coca-Cola Company
• Monster Beverage Corporation
• PepsiCo
• Red Bull GmbH
• Otsuka Holdings Co., Ltd.
• Suntory Group
• DANONE SA
• Nestle
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Wellness drinks market:
• Energy Drinks
• Sports Drinks
• Nutraceutical Drinks
Market Segment By Sales Channel with focus on market share, consumption trend, and growth rate of Wellness drinks market:
• Hypermarkets/Supermarkets
• Specialty Stores
• Online
For more information: https://evolvebi.com/product/wellness-drinks-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/
Global Wellness drinks market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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