Global Flavored Powder Drinks Market 2024-2028
The flavored powder drinks market is forecasted to grow by USD 14,522.43 mn during 2023-2028, accelerating at a CAGR of 3.78% during the forecast period. The report on the flavored powder drinks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness about health benefits of flavored powder drinks, increase in disposable incomes and rising urbanization, and wide reach of flavored powder drinks through organized retailing.
Technavio's flavored powder drinks market is segmented as below:
By Product Type
- Chocolate-based flavored powder drinks
- Malt-based flavored powder drinks
- Others
By Distribution Channel
- Supermarkets and hypermarkets
- Convenience stores
- Online
- Independent retailers
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the innovative flavors and ingredients as one of the prime reasons driving the flavored powder drinks market growth during the next few years. Also, growing preference for online shopping and innovations in packaging of flavored powder drinks will lead to sizable demand in the market.
The report on the flavored powder drinks market covers the following areas:
- Flavored powder drinks market sizing
- Flavored powder drinks market forecast
- Flavored powder drinks market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flavored powder drinks market vendors that include Abbott Laboratories, AriZona Beverages USA LLC, Cargill Inc., Dyla Brands, Insta Foods, Kent Corp., Kerry Group Plc, Keurig Dr Pepper Inc., Lasco Foods Inc., National Beverage Corp., Nestle SA, PepsiCo Inc., Simatek AS, Sugam Products, The Coca Cola Co., The Kraft Heinz Co., TreeHouse Foods Inc., True Citrus, Unilever PLC, and US Foods Holding Corp.. Also, the flavored powder drinks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.