Beauty Drinks Industry Trends, Shares, Size, Region, key Player, Future Demand, Forecast
Market Overview
Beauty Drinks refer to the both carbonated and
non-carbonated beverages which is used by consumers to retain natural beauty
during the battle against ageing. Beauty drink contain various vitamins,
minerals, amino acids and antioxidants. Beauty drinks aids to support diets by
encouraging metabolism. Beauty drinks market is becoming more advanced. Beauty
drinks are formulated with hyaluronic acid, collagen, antioxidants and Q10
which aids to increase suppleness and also help to minimize wrinkles.
Market Forecast
The global beauty drinks market size is witnessing an
impressive growth over the last few years due to various reasons. One of the
significant reasons for the increasing growth of beauty drinks is the high
consumer awareness regarding anti-aging beverages among the consumers. Also,
the per capita disposable income of the consumers is anticipated to be the
significant reasons for the rising demand of beauty drinks during the forecast
period. At present, beauty drinks product is in the nascent stage. So, various
new products are launched by the key players and various pharmaceutical
companies are introducing beauty drinks products in order to enhance their
product portfolio which is expected to fuel the demand of beauty drinks product
in the upcoming decade. Also, the consumers in developing economies prefer
functional drinks which has also ingredients of various vitamins and minerals
which will increase the sales of carbonated beauty drinks product during the
review period. Moreover, the mounting growth of e-commerce industry both in developed
and developing economies is expected to further stimulate the sales of beauty
drinks industry during the forecast period of 2017-2023.
Competitive Analysis
The major key players in the beauty drinks market are
- AMC
Grupo Alimentación, Fresco y Zumos, SA (Spain)
- Asterism
Healthcare plus, Inc. (U.S.)
- Hangzhou
Nutrition Biotechnology Co., Ltd. (China)
- Coca-Cola
Company. (U.S.)
- Juice
Generation (France)
- Groupon
Inc. (U.S.)
- Kinohimitsu
(Taiwan)
Global beauty drinks market share is highly concentrated in
Europe. Asia Pacific has massive potential for beauty drinks, as there is an
increasing demand of anti-aging food products among the consumers in Asia
Pacific region.
Downstream Analysis
Chemical/artificial drinks segment is estimated to account
for a major market portion in the global beauty drinks market share in the year
of 2017. However, natural drinks segment is expected to witness a maximum
growth rate during the forecast period of 2017-2023 owing to the increasing
consumer inclination towards natural or organic products. Consumers are also
avoiding chemicals and other inorganic products which in turn accelerates the
sales of natural products in the near future. Among the ingredients, vitamins
and minerals is expected to hold major market share in the beauty drinks market
analysis. Among the demography, due to growing beauty standards, teenagers
segment is estimated to account for 45% market proportion in the global beauty
drinks market in the year of 2017 and it is estimated to retain its dominance
throughout the forecast period.
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Regional Analysis
The global beauty
drinks industry is segmented into North America, Europe, Asia Pacific, and
the rest of the world (RoW). Among these, Europe region is expected to retain
its dominance throughout the forecast period of 2017-2023. The growth in Europe
is attributed to the massive awareness of anti-aging products among the
consumers. Also, the increasing marketing campaign in European countries is
expected to upsurge the demand of beauty drinks product in the European
countries during the forecast period of 2017-2023.
North America is also estimated to account for more than one
fourth of the market proportion in the global market. Among the North America,
U.S. is estimated to account for the maximum market proportion in the global
beauty drinks market analysis. Asia Pacific region is projected to grow at a
fast pace during the forecast period of 2017-2023.
Market Segmentation-
Global market is segmented by type, ingredients,
demography and region
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