The global energy drinks market size was valued at USD 86.35 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2022 to 2030. The growing demand for energy drinks as a potential energy booster in order to improve physical and cognitive performance has been shaping the market growth.
Read More »April 18, 2022
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 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 nutraceuticals market size was estimated at USD 317.22 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2030. The primary factors driving the market growth are preventive healthcare, increasing instances of lifestyle-related disorders, and rising consumer focus on health-promoting diets. In addition, increasing consumer spending power in high-growth economies is projected to contribute to the growing demand for nutraceutical products.
Read More »January 10, 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 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 253.7 billion in 2016. It is expected to rise at a CAGR of 5.1% over the forecast period. Soft drinks are non-alcoholic beverages that contain flavoring, sweetener, and water. The market is valued at retail selling price and comprises of applicable taxes as well. According to subject matter experts, the U.S. market for soft drinks accounted for about 28.0% of the global market revenue in 2015. These beverages are packed in cans or bottles and are readily available to consumers.
Read More »July 18, 2018
The global caffeinated beverage market size was valued at USD 202.63 billion in 2018. The market is estimated to expand at a CAGR of 6.81% from 2019 to 2025. Rising awareness about the health benefits of caffeine drinks, such as increased metabolism and strength, will boost the 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 have a positive impact on market growth. In addition, rapidly expanding e-commerce sector across the globe provides numerous growth opportunities to the market.
Read More »August 30, 2019
The U.S. energy drinks market size was estimated at USD 14.30 billion in 2016. Heightened health awareness and busy lifestyles coupled with an increase in consumer awareness regarding health benefits of the product have helped in keeping the demand for energy drinks high in the U.S. Nearly 60.0% of male and 40% of the female population in the U.S. are regular consumers of these beverages and this trend is further estimated to boost market growth during the forecast period.
Read More »February 14, 2019
The global non-alcoholic drink market size was valued at USD 1.1 trillion in 2018. Shifting customer focus towards a healthy lifestyle, coupled with changing diet patterns to consume nutrient-rich products, is expected to be a major factor driving the industry. Furthermore, rising concerns over adverse health implications associated with the consumption of alcoholic drinks are projected to upscale the utility of alternative drinks including functional beverages and soft drinks.
Read More »August 7, 2019