According to a market report by Lucintel, the future of the global beverage market looks promising with opportunities in the energy boost and nutritional & functional support markets. The global beverage market is expected to reach an estimated $3,300 billion by 2035 from $2,000 billion in 2027 with a CAGR of 4.9% from 2027 to 2035. The major drivers for this market are the increasing demand for functional beverages, the rising preference for natural ingredients, and the growing interest in ready to drink options.
A more than 150-page report to understand trends, opportunity and
forecast in global beverage market to 2035 by product type (alcoholic beverages
and non-alcoholic beverages), packaging type (PET bottles, glass bottles, cans,
and others), distribution channel (on-trade and off-trade), application (energy
boost, nutritional & functional support, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, alcoholic
beverage will remain a larger segment over the forecast period due to strong
consumer preference and widespread beverage consumption trends.
Within the application category, energy boost will remain the largest
segment over the forecast period due to rising demand for products supporting
energy and performance.
Download sample by clicking on beverage
market.
In terms of regions, North America will remain the largest region over
the forecast period due to established markets and strong industry growth
opportunities.
The Coca-Cola Company, PepsiCo Inc., Anheuser-Busch InBev, Nestle S.A.,
Heineken N.V., Diageo plc, Suntory Holdings Limited, Constellation Brands, Red
Bull GmbH, Keurig Dr Pepper are the major suppliers in the beverage market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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