Post by account_disabled on Feb 20, 2024 7:07:14 GMT 1
The is divided into fermented beverages dairy based beverages and others and nonfermented beverages fruit and vegetable juices dairy beverages sports and energy drinks functional water carbonated soft drinks and others. The nonfermented beverage segment holds the dominant share of the global market. Geographically the market is segregated into North America Europe Asia Pacific South America and the Middle East Africa. Report Coverage The report covers COVID19 impact analysis Market share growth rate valuation of each region and segment Mergers and acquisitions partnerships collaborations and partnerships undertaken by key players Drivers restraints opportunities and threats affecting market dynamics Drivers and Restraints Surging Demand for Energy Drinks Among Health Conscious Populace to Aid Market Augmentation.
Consumers are increasingly inclined towards health and fitness activities which is elevating the demand for sports and energy drinks. People consume Job Function Email List energy drinks as they help in enhancing performance alertness and endurance. The increasing consumption of energy drinks is thus driving nonalcoholic RTD beverages market growth. Moreover several companies operating in the market are offering lowsugar and lowcalorie functional energy drinks which will contribute to market augmentation as well. For example in January 2023 Prime Hydration LLC. a company offering drink mixes sports drinks and energy drinks introduced a new energy drink named Prime Energy which contains zero sugar and provides 200mg of caffeine per serving.
On the other hand nonalcoholic RTD beverages have a very high sugar content and are high calorie in nature which will affect their demand negatively and hinder market proliferation. Regional Insights Asia Pacific held majority of the nonalcoholic RTD beverages market share in 2022 owing rising population and urbanization growing economic development and consumer demand for healthy and hygienic products. The region is further witnessing increasing demand for health and wellness drinks. Consumers in the region are demanding functional beverages and foods owing to their huge interest in holistic wellbeing which will further propel market expansion. North America is anticipated to grow significantly in the upcoming years owing to the growing popularity of carbonated drinks in the.
Consumers are increasingly inclined towards health and fitness activities which is elevating the demand for sports and energy drinks. People consume Job Function Email List energy drinks as they help in enhancing performance alertness and endurance. The increasing consumption of energy drinks is thus driving nonalcoholic RTD beverages market growth. Moreover several companies operating in the market are offering lowsugar and lowcalorie functional energy drinks which will contribute to market augmentation as well. For example in January 2023 Prime Hydration LLC. a company offering drink mixes sports drinks and energy drinks introduced a new energy drink named Prime Energy which contains zero sugar and provides 200mg of caffeine per serving.
On the other hand nonalcoholic RTD beverages have a very high sugar content and are high calorie in nature which will affect their demand negatively and hinder market proliferation. Regional Insights Asia Pacific held majority of the nonalcoholic RTD beverages market share in 2022 owing rising population and urbanization growing economic development and consumer demand for healthy and hygienic products. The region is further witnessing increasing demand for health and wellness drinks. Consumers in the region are demanding functional beverages and foods owing to their huge interest in holistic wellbeing which will further propel market expansion. North America is anticipated to grow significantly in the upcoming years owing to the growing popularity of carbonated drinks in the.