The global demand for Solid Beverage Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Solid beverages are produced from natural materials such as fruit juice, sugar, and plant extract, and has a water content of less than 5%. The dried raw materials are crushed into a fine powder and then mixed with formula products or are directly spray dried into a powder. The final products are usually in a powdered form dissolved in water to make the preferred drink ready to consume. Although solid beverage is a simple drink, it should not be reconstituted with hot water because its nutrients would break down at high temperatures, thus defeating the purpose.
Market Dynamics
The increasing health consciousness and rising awareness regarding the benefits of solid beverages among the population are the main factors driving the growth of the global market. Further, the increasing trend of fitness and health clubs is an additional factor fuelling the 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 the growth of the global solid beverage market. However, the high amount of sugar, artificial additives, and preservatives can adversely affect the health of individuals, which is a significant factor expected to hamper the growth of the global solid beverage market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of solid beverage.
Market Segmentation
The entire solid beverage market has been sub-categorized into product type, application and end-users. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Instant Coffee
- Instant Fruit Juice Powder
- Protein Juice Powder
- Instant Coconut Water Powder
- Others
By Application
- Restaurant
- Hotel
- Home
- Other
By End-Users
- Age 0 to 18
- Age 18 & Above
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for solid beverage market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Solid Beverage Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the solid beverage market include Hainan Nanguo Foodstuff Industry Co. Ltd., MondelÄ“z 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. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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