- The key products in the industry of beverages are juices, teas, bottled water, sports drinks, milk, carbonated soft-drinks, etc. While water is the main component of most beverages; caffeine, low-calories sweeteners, and high-fructose corn syrups are the other commonly-added ingredients. Nutritional ingredients like vitamin D, calcium, DHA, and plant sterols are also added to beverages for health and nutritional purposes.
For Market Research Report on “Beverage Ingredients Market” Visit -http://www.grandviewresearch.com/industry-analysis/beverage-ingredients-market
According to a recent study by Grand View Research, Inc., the worldwide beverage ingredients market will grow at a CAGR of 3.1% from 2015 to 2022. The market volumes were about 41 million tons in 2011. Beverages are fast gaining popularity, especially among the younger demographic in Asian Pacific and Latin American regions.
The intake of ready-to-drink beverages like tea and coffee and time paucity at workplace are expected to fuel demand for the market. Technological innovations in beverage packaging are increasing the shelf life of beverages. Growing awareness regarding health and nutrition will drive the sales of energy drinks.
Preference for sugar-free beverages will also expand the beverage ingredients market. New and improved ingredients will prove beneficial for the market. Countries like India, China, Brazil, and the United Arab Emirates are witnessing altering lifestyles and surging disposable incomes. These are leading to growing consumption of carbonated soft-drinks.
Moreover, youngsters in urban areas are swerving towards café culture, thereby driving the market forward. However, certain beverage ingredients are gaining disrepute. This is due to health problems caused by them when consumed in excess. High intake of caffeinated drinks is linked with fatigue and insomnia.
Some zero-calorie drinks also alter human body’s response to sugar. These factors are likely to inhibit the beverage ingredients market in the forthcoming years. The market types are colors, botanicals, emulsifiers, acidulants, cocoa ingredients, sweeteners, fats and oils, proteins, flours, flavors, oligosaccharides, minerals, and vitamins.
With regards to geographies, Europe will experience strong growth due to demand for alcoholic beverages and powdered drinks in the region. North America is estimated to lead the market in the next seven years. Rising consumption of sports & energy drinks, and flavored water would contribute to this leadership.
Eminent participants in the beverage ingredients market include Kerry Group, Archer Daniels Midland, DuPont, and BASF SE.
Information Source: Grand View Research
To request a sample copy of this report, please complete the form below.
To purchase a copy of this report, please contact at
28 2nd Street, Suite 3036
San Francisco, CA 94105
Toll Free: 1-888-202-9519