Solid Beverage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026
Albany, NY -- (SBWIRE) -- 04/06/2017 -- The report, "Solid Beverage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2026" by Transparency Market Research (TMR) offers crucial information pertaining to the catalysts, deterrents, opportunities, and trends in the market. The report also reveals the major business strategies, product portfolios, and market shares held by the leading market players.
Solid beverages are obtained via a combination of raw materials such as sugar, fruit juice, and plant extracts. They typically possess less than 5% of water content. The finished product is usually available in a powdered form, meant to be added to water before consuming. Although solid beverages are simple drinks, the addition of hot water is not recommended as it breaks down the nutrients.
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These drinks, being highly nutritious, are being increasingly preferred to aerated beverages all over the globe. They are rich in minerals, vitamins, and other nutrients. Consumption of these beverages gives a boost to one's metabolism. Increasing sense of health consciousness, growing disposable incomes of people, and higher preference for convenience food have been promoting the growth of the global solid beverage market. Moreover, the market is likely to benefit from the diversification strategies adopted by numerous market players, who have been launching innovative flavors.
On the contrary, the relatively higher chemical content of solid beverages – when compared with conventional drinks – might obstruct the growth of the market. When one consumes solid beverages on a daily basis, it might result in high sugar intake, leading to diabetes and weight gain. Moreover, these beverages are often made using color concentrate and artificial flavors, which may deter consumers from opting for them. However, the emergence of newer flavors, especially in the tropical regions, can create substantial opportunities.
By type, the global market for solid beverages has been broadly categorized into protein-based and fruit-flavored drinks. By distribution channel, convenience stores, supermarkets, hypermarkets, and departmental stores are some of the key segments of the global market for solid beverages.
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Based on geography, Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa are the key regional segments discussed in the report. North America and Europe, being established regions, have been garnering growing demand. Asia Pacific possesses vast potential for growth, backed by the massive consumer base, increasing per capita incomes, and rising consumption of ready-to-eat food items. Germany, the U.K., Italy, France, Spain, Brazil, India, China, Japan, Singapore, Indonesia, and the U.S. are likely to emerge as the prominent markets over the next few years.
Some of the leading companies operating in the global market for solid beverages are GlaxoSmithKline Plc, The Coca Cola Company, PepsiCo, and Abbott Nutrition.