Global instant beverage premix market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth
Global Instant Beverage Premix Market: By Product Type (Instant Coffee, Instant Tea, Soups, Instant Health Drinks, Instant Milk, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Department stores, Online Stores, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global instant beverage premix market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Instant Beverage Premix Market
Instant beverage premix is the ready-to-use premixes available in the market, they ease the process of preparation. It helps in enhancing the functionality and boosts the metabolism, providing healthy hydration. Increase in the preference for the convenience food and ease of preparation using these premixes is adding fuel for the growth of the market. The fast-paced lifestyle is compelling people to adopt instant beverage premix. The availability of the products in various tastes and flavors and continuous launch of the new product variants are attributed for the growth of the market. Increase in the research and development activities are providing opportunity for the manufacturers in expansion of their product portfolio, which is adding scope for the growth of the market. However, the stringent government regulations regarding the food and safety are likely to hamper the growth of the instant beverage premix market
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Market Scope: Instant Beverage Premix Market
Instant beverage premix market is segmented based on the product type, technology, disease indication, and distribution channel
Based on the product type, the market is segmented into the following:
• Instant Coffee
• Instant Tea
• Soups
• Instant Health Drinks
• Instant Milk
• Others
Based on the distribution channel, the market is segmented into the following:
• Supermarkets/Hypermarkets
• Department stores
• Online Stores
• Others
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Regional Analysis: Instant Beverage Premix Market
Geographically, global instant beverage premix market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific instant beverage premix market is growing due to increase in urbanization along with rising in disposable income. The soaring demand for instant premixes is adding a scope for the growth of the market. China, Singapore, India, Japan, and Australia contribute the largest share in the region of Asia Pacific. Europe instant beverage premix market holds the second largest share owing to its developing consumer-base. North America follows Europe. North America instant beverage premix market is expected to grow in the forecast period.
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Competition Assessment: Instant Beverage Premix Market
Some of the players in the global instant beverage premix market include:
• Monster Beverage Co. (U.S)
• The Republic of Tea Inc. (U.S)
• Ajinomoto General Foods Inc. (Japan)
• PepsiCo Inc. (U.S)
• Monster Beverage Co. (U.S)
• Keurig Green Mountain Inc. (U.S)
• Dunkin’ Brands Group Inc. (U.S)
• Starbucks Corp (U.S)
Notable Market Developments: Instant Beverage Premix Market
In March 2017, Nescafe has launched a new instant coffee product for the Vietnamese market.
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