November 28, 2019
According to the research report titled ‘Global Health Beverage Market - Analysis By Type of Beverage (Bottled Water, Juices, Probiotics, Energy Drinks, Ready to Drink Tea and Coffee, Others), By Sub-Types, By Sales Channel (Online, Offline), By Region, By Country (2018 Edition): Forecast to 2022’ available with Market Study Report LLC, the global health beverage market is projected to grow with a CAGR of 7.80% during the period of 2017-2022.
Growing inclination towards nutrition rich beverages among consumers, coupled with growing market penetration by leading companies will drive the growth of health beverage market for the forecast period.
Notably, the research measures the potential growth opportunities in health beverage market to provide top-notch business information and help investors to evaluate their investments thoroughly. Thorough insight about prevailing trends and market dynamics influencing the industry growth is encompassed in the report.
Based on beverage type, health beverage market is categorized into juices, bottled water, energy drinks, probiotics, ready to drink coffee & tea, and others. The juices segment is further classified into vegetables, fruits, and fruits & vegetable blend, whereas in terms of bottled water, the market is sub-divided into spring, still, sprinkle and others. While probiotic drinks include juice-based and dairy-based products.
According to the report, bottled water segment dominated the health beverage market in 2017 is presumed to maintain this dominance over the forecast period, due to growing occurrences of waterborne diseases, less accessibility to clean water in various emerging economies, rising number of tourists.
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Considering the geographical landscape, the global health beverage market is divided into regions namely, Europe, North America, Asia-Pacific, and rest of the world, with primary focus on countries such as Canada, US, UK, Germany, China, and India. The report cites that APAC health beverage market held the largest regional share in 2018, owing to a large potential consumer base, escalating disposable income, and growing health awareness across the region.
The key players in global health beverage market are Pepsi Corp., Coca Cola Co., Dr. Pepper Snapple, Nestle, Organic Valley, Britvic, and The Hain Celestial Group.
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