Global Flavoured Powder Drinks Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Flavoured Powder Drinks Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global flavoured powder drinks market report has been segmented on the basis of product type, distribution channel, and region.
Global Flavoured Powder Drinks Market: Overview
Flavoured powder drinks are also called as processed beverage products. Flavoured Powder Drinks are available in both sugar based & sugar freeform. There is a wide range of flavoured powder including pineapple, strawberry, cola, guava, orange, raspberry, mango, and many more. They have applications in several types of beverages including fruit-flavoured drinks, flavoured milk beverages, and energy drink.
Global Flavoured Powder Drinks Market: Dynamics
Growing awareness about the health benefits of flavoured powder drinks is a key factor contributing to a significant extent to drive growth of the global market in terms of revenue. In addition, increasing demand enhanced taste of food and beverages products, increasing population, rising health issues among individuals, improving the living standard of people, higher disposable income level, are some of the factors driving the growth of the global flavoured powder drinks market. Furthermore, increasing demand for flavoured powdered drinks among the working population and youth owing to hectic schedule is another factor driving the demand for flavoured powder drinks. However, high cost and product recall are some of the major factors expected to restraint growth of the global market to a significant extent.
Global Flavoured Powder Drinks Market: Segment Analysis
Among the product type segments, chocolate-based flavoured powder drinks are projected to register the highest market share over the forecast years. This is primarily attributed to, popularity during summer and special seasons as well as innovative ingredients research and development activities going on to reduce sugar content and maintaining taste. Among the distribution channel segments, hypermarkets/supermarkets are projected to hold the majority of market share.
Global Flavoured Powder Drinks Market: Trends
The manufacturer is focusing on innovation in the packaging in order to enhance it's brand's value. In addition, packaging of any brand has significant importance for generating interest of consumers. In addition, launches of new flavours into the market by leading players to cater to the increasing consumer demand as well as promoting market growth. Furthermore, growing preferences of online shopping and high internet penetration rate especially in developing countries. The aforementioned are some of the major trends witnessed in the target market.
Global Flavoured Powder Drinks Market: Regional Analysis
The market in the Asia Pacific is expected to dominate and to register the fastest growth rate over the forthcoming years and is expected to dominate the target market, in terms of value. This is primarily attributed, increasing demand for healthy food products among consumers and rapidly expanding food & beverages industries in countries such as China, India, and Japan are some major factors for driving the growth of flavoured powder drinks market in the Asia Pacific region. The market in North America and Europe flavoured powder drinks market is expected to account for significant revenue share, increasing popularity among professionals, students, sportsmen, and children as well as higher purchasing power.
Segmentation by product type:
- Chocolate-Based Flavoured Powder Drinks
- Malt-Based Hot Drinks
- Non-Chocolate-Based Flavoured Powder Drinks
Segmentation by Distribution Channel:
- Discount Stores
- Mass Grocery Retailers
- Wholesale Club Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Mondelēz International, Inc.
- Nestle SA
- Gatorade Company, Inc.
- VV Group
- Bristol-Myers Squibb de Mexico SA de CV
- Mars Inc.
- GlaxoSmithKline Plc
- Rasna International
- Kanegrade Ltd.
- Associated British Foods Plc
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