Press release
Increasing Health Awareness to Dictate Growth of Global Instant Beverage Premix Market, CAGR of 5.7% Forecast from 2015 to 2021
According to a new market report published by Transparency Market Research “Instant Beverage Premix Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the instant beverage premix market in terms of revenue was valued at US$59.38 bn in 2014, which is expected to reach US$85.80 bn by 2021, at a CAGR of 5.7% from 2015 to 2021. In term of volume, the market was valued at 1.96 bn kg in 2014, which is expected to reach 225 bn kg by 2021, growing at a CAGR of 2.0% from 2015 to 2021.View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7742
Increasing health awareness among consumers is one of the major drivers for the instant beverage premix market, and is expected to fuel demand for instant beverage premix in the developing countries.
The instant beverage premix market can be categorized on the basis of product type namely instant coffee, instant milk, instant tea, soup, instant health drink and others. Amongst various product types, in terms of revenue instant coffee held the largest market share followed by instant tea in 2014 and expected to be the same in the estimated period, 2015 to 2021. Demand for instant coffee is primarily driven by its health benefits. Drinking instant coffee makes people fresh and energetic. Amongst various product types, in terms of volume instant tea held the largest market share followed by soup in 2014 and expected to be the same in the estimated period of 2015 to 2021.
Based on geography, the global instant beverage premix market is segmented into: North America, Europe, Asia-Pacific, and Rest of the World (RoW). At present, Asia Pacific holds the largest market share followed by Europe. Asia-Pacific is estimated to be the largest market for instant beverage premix products in 2014 and expected to be the same during the anticipate period of 2015 to 2021. Factors such as the increasing distribution channel and availability of products on different websites such as Amazon, eBay and Wal-Mart among others are also expected to bolster the growth of the instant beverage premix market globally. In addition, packaging design is a key driver for sales to attract consumers. In a saturated product segment with a number of products in the same category, packaging is the only differentiator that helps a consumer chooses one brand over the other. This is expected to create awareness for the instant beverage premix products during the forecast period. The impact of this driver is high at present and is expected to be medium in the coming years.
The report includes profiles of major participants operating in the global market. Major players include Ajinomoto General Foods Inc., Monster Beverage Company, PepsiCo Inc., The Coca-Cola Company, Starbucks Corporation, Suntory Beverage & Food Limited, Dunkin’ Brands Group, Inc., The Republic of Tea, Inc., and Keurig Green Mountain, Inc. among others.
The segments covered in the Instant Beverage Premix market are as follows:
Global Instant Beverage Premix Market: By Product Type
Instant Tea
Instant Milk
Instant Health Drinks
Instant Coffee
Soup
Others
Global Instant Beverage Premix Market: By Geography
North America
U.S.
Canada
Rest of North America
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia Pacfic
Rest of the World (RoW)
Middle East
Latin America
Africa
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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