
Global Solid Beverage Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Feb 2022
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MarketResearch.biz delivers in-depth insights on the global solid beverage market in its upcoming report titled, “Global Solid Beverage Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global solid beverage market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global solid beverage market report has been segmented on the basis of product type, end-user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Solid beverages are prepared from sugar, juices, nutrition enhancers, and additional preservatives. They are processed in a powdered or a granular form which enables them to dissolve in milk or water to provide a beverage. There are several categories of solid beverages such as fruit-flavor drinks, protein-based drinks, foaming drinks, etc. designed according to the preference of consumers of various age groups such as for children, adults, athletes, etc. Compared to traditional liquid drinks, solid beverages have characteristics such as easy to carry, convenient packaging, etc.
Increasing health consciousness and rising awareness regarding benefits of solid beverages among individuals are major factors driving growth of the global market. Increasing trend of fitness and health clubs is an additional factor further fueling growth of the market. Increasing demand for various flavored drinks by children, increased consumption of ready-mix tea and coffee by adults, and easy availability of such products at almost every retail outlet are additional factors supporting growth of the global solid beverage market.
However, presence of high amount of sugar, artificial additives, and preservatives can adversely affect health of individuals and can lead to symptoms such as weight gain, high sugar level, etc. which is a major factor expected to hamper growth of the global solid beverage market.
Development of new flavors of solid beverages, with lower artificial content at reduced can create high revenue opportunities for players in the market. In addition, increasing penetration of solid beverage products in tropical countries as a refreshment option is also likely to widen scope for companies.
The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to rising demand for solid beverages in countries especially in US and Canada from both young and adult population. The market in Europe is expected to account for second-highest share in terms of revenue in the near future, owing to presence of key players the region. The market in Asia Pacific is expected to witness a significant growth especially in developing countries, owing to rising disposable income, increasing young population and development of supermarkets and hypermarkets in countries in the region. The market in Latin America and Middle east & Africa are expected to witness stable growth in the near future.
Global Solid Beverage Market Segmentation:
Segmentation by product type:
- Instant Coffee
- Instant Fruit Juice Powder
- Protein Juice Powder
- Instant Coconut Water Powder
- Others
Segmentation by end-users:
- Age 0 to 18
- Age 18 & above
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Hainan Nanguo Foodstuff Industry Co. Ltd.
- Mondelēz International, Inc.
- Chun Guang Foodstuff Co., Ltd
- The Coca-Cola Company
- PepsiCo, Inc.
- Keurig Green Mountain, Inc.
- Nestlé S.A.
- Starbucks Corporation
- AJINOMOTO GENERAL FOODS, INC.
- AMT Coffee Ltd.
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