Press release
Ready-to-Drink Beauty Beverage Market Key Players Analysis - DSG Consumer Partners (Nutrova), Nestle (Vital Proteins), Shiseido, Life Vantage (TrueScience), Forever Beaumore.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Ready-to-Drink Beauty Beverage Market - (By Ingredients (Collagen (Marine Collagen, Peptide Collagen), Vitamin C, Biotin, Hyaluronic Acid, Vitamin E, COQ10, Rosmanrinic Acid, Zinc, Vitamin A, Gotu Kola), By Flavor (Orange, Raspberry, Hibiscus, Blackberry Mint, Pomegranate, Mango, Cranberry, Lemon, Lime, Tropical, Ginger, Coconut, Others), By Form (Powder, Liquid), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Health and Wellness Stores, Online Retail)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Ready-to-Drink Beauty Beverage Market is valued at US$ 1.79 Bn in 2023, and it is expected to reach US$ 3.28 Bn by 2031, with a CAGR of 8.14% during the forecast period of 2024-2031.
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Ready-to-drink (RTD) beverages refer to products that are pre-mixed and immediately available for consumption. These beverages are particularly popular among consumers of all ages, especially younger demographics, due to their convenience and portability. In recent years, RTD products have experienced a surge in popularity, with manufacturers capitalizing on this growing demand. The demand for these beverages is largely driven by their convenience and sensory appeal, which manufacturers continually enhance.
As urbanization increases and consumer schedules become more hectic, the need for convenient, ready-to-drink options continues to rise. The extended shelf life and portability of these products make them particularly well-suited for travel and on-the-go consumption. In response, manufacturers are focused on launching innovative products with added value and unique features to maintain competitive advantage. However, the use of specialized texturizing agents and advanced processing techniques may increase production costs, posing challenges in price-sensitive markets. Balancing cost reduction with the enhancement of product quality and texture could potentially limit the market's growth prospects.
List of Prominent Players in the Ready-to-Drink Beauty Beverage Market:
• DSG Consumer Partners (Nutrova)
• Nestle (Vital Proteins)
• Shiseido
• Life Vantage (TrueScience)
• Forever Beaumore
• Tru Beauty Seltzer
• Vitapod
• Skin Woof London
• Pretty tasty
• Revive Collagen
• SUPERSONIC
• Bed Babe
• Dose & Co.
• Isagenix
• Other Market Players
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Market Dynamics:
Drivers:
The increasing demand for the ready-to-drink (RTD) beauty beverage market is primarily driven by the wide array of flavors offered by companies, which have been highly appreciated by consumers. As individuals experiment with new foods, drinks, and flavors, the demand for diverse and unique flavor options has grown significantly. Additionally, RTD beverages are available in a variety of product categories, catering to the preferences and requirements of consumers across different regions globally.
Challenges:
Key challenges facing the RTD beauty beverage market include a lack of consumer awareness, insufficient skilled professionals, and a lack of established standards and protocols, particularly in emerging markets, which may hinder market growth. The high-calorie content, potential for energy loss, and increased allergenic substances present in some RTD beauty beverages are factors contributing to slower market expansion. Furthermore, the production processes involved in creating these beverages may have adverse environmental effects, which could impede growth. Texture-enhancing agents, while improving the product's mouthfeel, can sometimes trigger allergic reactions or cause negative side effects such as headaches, skin rashes, ulcers, and gastrointestinal issues, potentially damaging the market's reputation. Additionally, during the pandemic, disruptions in global supply chains made sourcing necessary raw materials more challenging, impacting the cost and availability of RTD beauty beverages.
Regional Trends:
The North American RTD beauty beverage market is expected to capture a significant share of the market in terms of revenue, with projections indicating robust growth at a high compound annual growth rate (CAGR) in the near future. This growth is driven by technological advancements and the region's higher disposable income. The increased purchasing power of consumers and shifts in preferences toward convenience-driven, health-oriented products are key factors propelling market demand in North America. Similarly, Europe holds a considerable share of the market, with a noticeable rise in health and wellness awareness among consumers. Nutrient-dense, protein-rich, gluten-free, sugar-free, and non-GMO RTD beverages are becoming increasingly popular in the region.
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Recent Developments:
• In Jan 2024, Pretty Tasty introduced its inaugural range of ready-to-drink collagen tea, namely Pretty Tasty Collagen Tea. Pretty Tasty Tea is made with premium collagen peptides, resulting in a revitalizing and meticulously designed beverage that provides all the scientifically established advantages of collagen in a delightful, naturally-flavored tea.
Segmentation of Ready-to-Drink Beauty Beverage Market-
By Ingredients
• Collagen
o Marine Collagen
o Peptide Collagen
• Vitamin C
• Biotin
• Hyaluronic Acid
• Vitamin E
• COQ10
• Rosmanrinic Acid
• Zinc
• Vitamin A
• Gotu Kola
By Flavor-
• Orange
• Raspberry
• Hibiscus
• Blackberry Mint
• Pomegranate
• Mango
• Cranberry
• Lemon
• Lime
• Tropical
• Ginger
• Coconut
• Others
By Form-
• Powder
• Liquid
By Distribution Channel-
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Health and Wellness Stores
• Online Retail
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
View Overview Report: https://www.insightaceanalytic.com/report/ready-to-drink-beauty-beverage-market/2457
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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