Global Beverage Premix Market Comprehensive Study: Forecasted Market Size And Growth Rate | Nestle S.A., PepsiCo Inc., Unilever PLC, The Coca-Cola Co., Mondelez International Inc., Starbucks Corporation

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Beverage Premix Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The beverage premix market size has grown strongly in recent years. It will grow from $61.77 billion in 2023 to $65.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to changing consumer preferences, increasing urban population, rising disposable income, busy lifestyles, health and wellness .

The beverage premix market size is expected to see strong growth in the next few years. It will grow to $82.54 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to e-commerce growth, global travel and tourism, increasing government support for the food and beverage industry, growing demand for convenience, rising disposable incomes. Major trends in the forecast period include increasing product innovation, functional ingredients, digital engagement, plant-based and alternative ingredients, low-sugar and healthier optinal products, collaborations with influencers and celebrities.

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Market Segmentation:
The main types of beverage premix are tea premix, coffee premix, soup premix, healthy drinks premix, milk-based premix, alcoholic beverages and others. A healthy drink premix is a beverage premix that focuses on health and wellness by including ingredients like herbal extracts, vitamins, or minerals to provide added nutritional benefits. The various forms include paste, powder, granules and liquid that are distributed through various distribution channels such as hypermarkets and supermarkets, convenience stores, online channels, specialty stores and others.
Beverage Premix Global Market Report 2023 provides data on the global beverage premix market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors' revenues, profiles and market shares. The beverage premix market report identifies opportunities and strategies based on market trends and leading competitors' approaches.

Major Driver - Growing Demand For Healthy Drinks Fuels Beverage Premix Market Growth
Increasing demand for healthy drinks is expected to propel the growth of the beverage premix market going forward. A healthy drink is a beverage that provides nutritional value and contributes positively to an individual's overall well-being. Beverage premixes give a healthy option with additional benefits beyond convenience formulated to provide nutritional value and health-promoting ingredients while maintaining the ease of preparation made with nutrient-rich ingredients, reduced added sugars and balanced nutrition. For instance, in 2021, according to the Government of Canada, a Canada-based government agency, the retail sales of energy drinks are expected to increase from $14,150.4 million in 2020 to $20,733.9 million in 2025. Further, reduced sugar sports drink retail sales are expected to grow from $1,401.3 in 2020 to $1,684.6 in 2025. Therefore, the increasing demand for healthy drinks is driving the growth of the beverage premix market.

Competitive Landscape:
Major players in the beverage premix market are Nestle S.A., PepsiCo Inc., Unilever PLC, The Coca-Cola Co., Mondelez International Inc., Starbucks Corporation, The Kraft Heinz Company, Keurig Dr Pepper Inc., The Hershey Company, Ajinomoto Co. Inc., ITO EN Ltd., Dunkin' Brands Inc., Wagh Bakri Tea Group, CCL Products Ltd., Tata Coffee Limited, Girnar Food And Beverages Private Limited, Panama Foods, Neel Beverages Pvt Ltd., Tweak Beverages, Om Sai Foods Pvt. Ltd., The Cup Republic, Nandram Corporation, Kartin Tea, Exotica Foods Pvt. Ltd., Plus Beverages.

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Top Trend - Innovative Product Launch To Tap Into The Health-Conscious Consumer Sector
Major companies operating in the beverage premix market are introducing innovative products to sustain their position in the market. Innovation in premix drinks is created with functional ingredients to address the growing consumer interest in enhancing their health and wellness. For instance, in March 2023, Coco-Cola Company, a US-based beverage company, launched its Jack Daniel's & Coca Cola RTD, a premixed, canned cocktail. The highly anticipated ready-to-drink (RTD) balances the smooth character of Jack Daniel's Tennessee Whiskey with the refreshing taste of Coca Cola. Additionally, this is introduced to consumers in a consistent, convenient and portable format, bringing two iconic brands together in an RTD format for the first time in the U.S.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Beverage Premix Market Characteristics
3. Beverage Premix Market Trends And Strategies
4. Beverage Premix Market - Macro Economic Scenario
5. Beverage Premix Market Size And Growth
…..
27. Beverage Premix Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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