Instant Beverage Premix Market by Product Type (Instant Coffee, Instant Tea, Instant Milk, Instant Health Drinks, Soups, and Others), Function (Plain and Flavored), and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel): Global Opportunity Analysis and Industry Forecast, 2022–2031
The global instant beverages premix market size was valued at $74,830.0 million in 2020, and is projected to reach $137,005.4 million by 2031, registering a CAGR of 6.1% from 2022 to 2031. Instant beverage premixes are available in the form of powder, paste, and granules, which contain cocoa, edible acids, vitamins, vegetable extracts, fruit powders, and aromatizing agents. These instant beverage premixes are generally mixed with water or milk. Some of the major benefits of instant beverage premixes are that they enhance brain functionality, boost metabolism, and provide healthy hydration. These benefits of drinks prepared by instant beverage premixes have increased their adoption rate. In the market, the beverages are available as premixes-mixed drinks, whereas others are available in the form of powdered beverages, namely, sugar-based and sugar-free forms.
One of the major drivers of the instant beverage premix market is the increase in disposable income of the consumers. Moreover, improved distribution channels, including online sales channels, such as Amazon.com Inc., EBay Inc., and Wal-Mart Stores Inc. and through convenience stores as well as departmental stores are also supporting the growth of the global instant beverage premix market. In addition, increase in health awareness among youth and obesity concern have increased the demand for instant beverages. Therefore, companies are emphasizing on the reduction of calorie in beverages. However, stringent regulations for the approval of food beverages hamper the growth of the market. Growing popularity of health drinks including organic tea and energy drinks offers enormous opportunity to the instant beverage premix market. Furthermore, hectic lifestyle of consumers is paving the way for instant beverage premix market. Moreover, creating additional value for customers, such as enriching the beverages with extra nutritional ingredients, proteins, vitamins, dietary supplements and making low calorie beverages is expected to give the companies an edge over their competitors.
The instant beverage premix market is segmented on the basis of product type, function, distribution channel, and region. On the basis of product type, the market is segmented into instant coffee, instant tea, instant milk, instant health drinks, soups, and others. On the basis of function, the market is bifurcated into plain and flavored.
Based on the distribution channel, the instant beverages premix market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, and online sales channel. Region wise, the market is segmented into North America (U.S., Mexico, and Canada); Europe (UK, Germany, France, and rest of Europe); Asia-Pacific (India, China, Japan, Australia, and rest of Asia-Pacific); and LAMEA (Latin America, Middle East, and Africa).
The major players operating in the instant beverage premix market are Ajinomoto General Foods, Inc., Monster Beverage Corporation, Nestle S.A., PepsiCo Inc., The Coca-Cola Co., Starbucks Corp., Suntory Beverage & Food Ltd., Dunkin’ Brands Group Inc., The Republic of Tea, Keurig Green Mountain, Inc., and Unilever Plc.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2022 to 2031 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise instant beverages premix market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
An in-depth analysis of each segment of the instant beverages premix market is provided to assist the prevailing market opportunities.
KEY MARKET SEGMENTS
By Product Type
Instant Coffee
Instant Tea
Instant Milk
Instant Health Drinks
Soups
Others
By Function
Plain
Flavored
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Sales Channel
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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