The global functional drinks market size was worth USD 204.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. Increasing awareness regarding the health benefits of consuming functional drinks, enriched with health-enhancing ingredients such as amino acids, vitamins, and minerals among others is anticipated to boost market demand in coming years
Read More »January 25, 2023
The U.S. soft drinks market size was valued at USD 285.93 billion in 2023 and is projected to grow at a CAGR 7.5% from 2024 to 2030. Increasing awareness about the adverse health effects of excessive sugar intake has led many consumers to seek healthier beverage alternatives.
Read More »August 12, 2024
The global carbonated beverages market size was valued at USD 406.89 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027. Strong popularity of soda drinks among the generation X and generation Y age groups is expected to play a crucial role in expanding the market size. The buyers prefer such drinks as they have an acidic bite and produce a pleasant tingling and offer cooling sensation with every sip. Along with these, the product is composed of fruit flavors, which promote the acceptance of such products among consumers.
Read More »July 18, 2023
The global energy drinks market size was estimated at USD 73.81 billion in 2023 and is expected to grow at a CAGR of 7.9% from 2024 to 2030. Energy drinks have become increasingly popular among fitness enthusiasts and athletes due to their ability to provide a quick energy boost. These beverages are formulated with ingredients such as caffeine, taurine, B vitamins, and amino acids that enhance physical performance and mental alertness.
Read More »July 22, 2024
The global healthy energy drinks market size was estimated at USD 4.17 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024 to 2030.The market is experiencing significant growth, driven by a confluence of factors that reflect changing consumer preferences and broader societal trends. One of the primary drivers is the increasing health consciousness among consumers. As people become more aware of the adverse effects of excessive sugar and artificial additives, they are gravitating towards healthier alternatives.
Read More »July 17, 2024
The U.S. energy drinks market size was estimated at 23.41 billion in 2023 and is expected to grow at a CAGR of 7.1% from 2024 to 2030. The increasing demand for energy drinks among male consumers aged 18-34 has primarily driven the market. Consumers prefer these drinks as potential enhancers of both physical and cognitive performance. Beverages that are free from high sugar, glucose, and fructose corn syrups have gained popularity among health-conscious consumers.
Read More »August 5, 2024
The global glucuronolactone market size was USD 257.5 million in 2015 and is expected to witness significant growth in light of rising pharmaceutical sector. Glucuronolactone is a naturally occurring chemical substance in connective tissues such as cartilage of animal & human bodies, ligaments, and tendons.
Read More »August 24, 2016
The global caffeinated beverage market size was valued at USD 256.26 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. Rising awareness about the health benefits of caffeine drinks, such as increased market and strength, is expected to boost product demand, thereby augmenting the market growth. Moreover, rising income levels and improved standards of living in emerging regions, such as China and India, are anticipated to positively influence market growth.
Read More »October 11, 2024
The global beverage flavoring system market size was estimated at USD 4.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2020 to 2028. The availability of a wide variety of beverages such as sparkling drinks, juices, energy drinks, flavored milk, mocktails, smoothies, tonic water, beer, wine, cider, cocktails, hard alcohol, alcohol-free cocktails, spiked sodas, alcohol-free beers, and spirits and their increasing consumption is driving the demand for beverage flavoring system.
Read More »August 17, 2021
The global sparkling coffee market size to be valued at USD 1.4 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 13.0% during the forecast period. Refreshing sparkling coffee products are gradually gaining popularity across the globe. The rising demand for convenient, ready-to-drink beverages that are also beneficial for health in comparison to sugary energy drinks and other soda drinks is anticipated to drive the market.
Read More »June 26, 2022