Global Beverage Ingredients Market: Overview

The beverage choice of consumers is no longer restricted to the purpose of refreshment but are influenced by diverse aspects. It is because of this that the leading beverages producers are focusing more on ingredients to cater to the dynamic consumer preferences.

The report provides a comprehensive market overview covering the current trends, growth drivers, and key restraints. Based on information sourced through proven research methodologies the report provides refined outlook for future years. Besides these, it also includes a detailed assessment of the latest technologies influencing the market and studies the impact of Porter’s five forces.

Global Beverage Ingredients Market: Trends and Opportunities

The pace at which younger population worldwide is increasing, it is very likely for the global beverage ingredients market to witness a high spike in the demand. Besides this, the market is also slated to gain from the increasing popularity of sports and the expanding fast food chains where beverages are often served as complimentary. In western countries particularly, a considerable rise in the demand for beverage is noted with the dip in temperatures. While these factors will spur opportunities for the existing players, the market in whole is also expected to gain from the entry of new beverage ingredients.

However, the increasing health consciousness among common men has become a major concern for the market. The risks associated with the increased consumption of caffeinated drinks that can lead to the viscous cycle of insomnia and fatigue could hinder the market’s trajectory to an extent. While zero calorie beverages might appear appealing at first but studies say they can hurt the metabolism as well thereby having negative impact on the way body responds to sugar. Nevertheless, market players are trying new methods of countering the bottlenecks. For instance, the introduction of light or sugar free drinks provides significant opportunities to attract female consumers.

Global Beverage Ingredients Market: Regional and Other Key Segments

Among the key regional segments, which include North America, Asia Pacific, Europe, and Rest of the World, North America led the global beverage ingredients market, trailed by Europe and Asia Pacific. In Asia Pacific, India and China have emerged as major markets for beverage ingredients. These countries exhibit superiority in both price competitiveness and expansion. Based on types, the global beverage ingredients market can be classified into juices, soft drinks, and alcoholic beverages. Based on in-depth research, the report foretells the demand for ready to drink non-alcoholic beverages will pace higher than any other market segments.

Besides these, the report also presents a detailed assessment of the market based on beverage ingredient. Among the key segments, tea evidently witness stronger demand due to its higher consumption than coffee and carbonated or flavored drinks.

Global Beverage Ingredients Market: Vendor Landscape

In order to study the competitive landscape, the report also profiles some of the leading companies operating in the global beverage ingredients market. Some of these enterprises are Anheuser-Busch InBev, Coca-Cola, PepsiCo, Monsanto Company Inc., GlaxoSmithKline, Red Bull GmBH, and Kraft Foods Inc.

To evaluate their strengths and weaknesses and identify threats and opportunities that they may face in the forecast period, the report conducts SWOT analysis. The result over from the analysis is therefore intended to help stakeholders get better perspective about the vendor landscape in the global beverage ingredients market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer E xperience Maps

xperience Maps I nsights and Tools based on data-driven research

nsights and Tools based on data-driven research Actionable R esults to meet all the business priorities

esults to meet all the business priorities Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.