The global beauty drinks market size is expected to showcase substantial growth owing to the increasing awareness regarding the benefits of anti-aging products and the growing consumption of nutricosmetics beauty drinks across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Beauty Drinks Market Size, Share & Industry Analysis, By Ingredient Type (Collagen, Vitamins and Minerals, Carotenoids, Others), By Distribution Channel (Beauty Specialty Stores, Drug Stores and Pharmacies, Online Retail Stores, Others) and Regional Forecast, 2023-2030.”
The COVID-19 pandemic has led to a major downturn in the economic conditions of several industries. Although disruption in supply chain and raw materials has impacted the food and beverage sector, it is anticipated to register steady growth during the forecast period. As the demand for beverages across online platforms and convenience stores are expected to remain positive due to them falling under the essential services category amid the widespread effect of the COVID-19, the market will experience substantial growth in the near future.
Beauty drinks consist of a healthy combination of skin brightening nutrients such as minerals, vitamins, hyaluronic acid, collagen, fruit & vegetable extract, and others. The regular consumption of such drinks aids in improving the appearance and texture of skin, hair, and nails, while providing anti-aging benefits too. Additionally, they contain antioxidants that help to combat free radicals present in the body and further encourage overall well-being of the individual.
List of the Companies Profiled in the Global Market for Beauty Drinks:
- The Coca-Cola Company
- Sappe Public Company Limited
- Big Quark LLC.
- DyDo DRINCO, Inc.
- Nestle S.A.
- Vital Proteins LLC.
- Lacka Foods Limited
- Shiseido Co Ltd
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Key Players Assessment in this Research:
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in this market
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
Report Aim & Scope:
- An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
- The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
- Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
- The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
- The various parameters accelerating the growth of the market are incorporated in the research report.
- The report analyzes growth rate, market size and valuation of the market during the forecast period.
What does the Report Include?
The market report includes a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth between 2023 and 2030. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to obtain information about the current trends and industry developments that will drive the market growth in the forthcoming years.
Increasing Demand for Nutricosmetics Products to Augment Growth
The hectic lifestyle of working professionals and the availability of high disposable income drives the demand for a quick-fix remedy to treat skin ailments and improve aesthetic appearance. This is leading to the surging demand for nutricosmetics products such as beauty drinks, supplements, and foods. Additionally, the increasing awareness regarding the benefits of anti-aging products, coupled with a booming e-commerce industry, is propelling the sales of such products globally. This is likely to bode well for the global beauty drinks market growth during the forecast period.
Presence of Young Population in Asia-Pacific to Favor Growth
Geographically, Asia-Pacific is expected to experience considerable growth in the global beauty drinks market in the forthcoming years. This growth is attributable to the presence of a younger population in countries such as Japan, South Korea, India, and China that are driving the demand for innovative beauty drinks in the region. For instance, according to the United Nations, about 60% of the global youth population is present in Asia-Pacific.
The market in North America is expected to showcase substantial growth backed by the increasing prevalence of skin diseases that promote the use of skin vitalizing drinks in the region between 2023 and 2030.
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Eminent Companies Introducing New Beauty Drinks Products to Consolidate Their Positions
The global beauty drinks market is segmented into small, medium, and large companies that are focusing on maintaining a stronghold and gaining a competitive edge over their rivals. They are doing so by introducing new innovative beauty drinks products to cater to the growing demand for healthy beverages globally. Additionally, other key players are adopting organic and inorganic strategies to maintain their presence in the fiercely competitive global marketplace.
The Global Beauty Drinks Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Beauty Drinks ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Beauty Drinks Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Beauty Drinks Market? What Was Capacity, Production Value, Cost and PROFIT of Beauty Drinks Market?
- What Is Current Market Status of Beauty Drinks Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Beauty Drinks Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Beauty Drinks Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Beauty Drinks Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Beauty Drinks Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Beauty Drinks Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Beauty Drinks Industry?
- October 2023 – Nestle announced the launch of its NESCAFE GOLD plant-based lattes across South Africa. The company reports that the vegan-friendly lattes will be available in three different flavors such as Almond latte, Coconut latte, and Oat latte.
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