Global Health Drink Market - Forecast(2023 - 2028)
Global Health Drink Market Overview
Report Coverage
The report: “Global Health Drink Market
Forecast (2022-2027)”, by Industry ARC, covers an in-depth
analysis of the following segments of the Global Health Drink Market.
By Type: Fruit
juices, Functional drinks, Milk beverages (Dairy and Plant-based milk),
Sparkling Water, and Others.
By Packaging: Plastic bottles,
Glass bottles, carton boxes, and Others.
By Distribution Channel: Offline
(Supermarket, Convenience stores, brick and mortar, vending machines, and
others) and Online channels.
By End User: Individuals
and Hospitality venues.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).
Key Takeaways
- Geographically, the North America Global Health Drink Market accounted for the highest revenue share in 2021. The growth is owing to high living standards, expanding health attentiveness, the presence of top-notch drink companies, and a full-fledged retail network. Also, Asia-Pacific is poised to dominate the market over the period 2022-2027.
- The augmenting trend of RTD nutritional drinks, rising disposable income of consumers in developing countries with a higher young population, and eventful lifestyles of people are said to be preeminent drivers driving the growth of the Global Health Drink Market. Added preservatives, artificial sweeteners, and drastic misalliance between demand and supply are said to reduce market growth.
- Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Health Drink Market report.
Global Health Drink Market Share, By Geography (%) in 2021
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Global Health Drink Market Segment Analysis-By Type
The Global Health Drink Market based on the basis of
type can be further segmented into fruit juices, functional drinks, Milk-based
beverages (dairy and plant-based milk), sparkling water, and others. The Fruit
and functional drinks segment held the largest share in 2021. The growth is
owing to their utmost relevance in promoting the health of the body by
preserving specific body functions. They support keeping immune and mental
functions within normal range. On another hand, fruit drinks confer natural
sugar, antioxidants, and fibers to the body that helps it in maintaining
adequate energy levels and fight bacteria. The sweet and aromatic nature
of fruit drinks is another reason behind their growing demand. Besides fruit
and functional, the milk-based beverage segment is estimated to be the
fastest-growing segment with a CAGR of 6.7% over the forecast period 2022-2027.
This growth is owing to enlarging demand for beverages like "Lashi"
as it improves immunity and prevents the occurrence of various maladies. Also,
growing flavor options is propelling people to make a purchase.
Global Health Drink Market Segment Analysis-By Distribution Channel
The Global Health Drink Market based on distribution channels can be further segmented into offline (supermarket, convenience stores, brick and mortar, vending machines, and others) and online channels. The Offline segment held the largest share in 2021. The growth is owing to the wide-ranging presence of brick-and-mortar stores in deprived areas. Unlike urban areas, rudimentary infrastructure in the countryside doesn’t give online platforms a ground to operate efficiently and generate revenue. Therefore, small retail shops enjoy their monopoly. Additionally, the rising occurrence of modern retail outlets in urban areas is gravitating toward busy shoppers as facilities like supermarkets offer conveniences of buying everything in one place. Moreover, the far-reaching presence of vending machines in high-income countries or developed areas of countries is another factor propelling the growth. Furthermore, the online segment is estimated to be the fastest-growing with a CAGR of 7.3% over the forecast period 2022-2027. This growth is owing to the eventful lifestyles of people and the growing inclination of the younger generation toward e-commerce sales as they extend round-the-clock shopping options. Also, improving infrastructure in low-income countries and budding smartphone users is another reason behind enlarging rend of online shopping.
Global Health Drink Market Segment Analysis-By Geography
Global Health Drink Market Drivers
Rapid modernization and the massive spread of ailments are anticipated to boost market demand.
Proliferating health attentiveness and disposable incomes are expected to boost market demand.
The pros and cons of social media have become the stuff of debate for million worldwide. But the role of social media in enhancing awareness among people can not be denied as it is a perpetual pool of vast knowledge or a medium to stay on the ball. According to a report, there are more than 4.5 billion social media users in 2021 which accounts for nearly 58 percent of the total world population. The number is likely to expand further because of growing technological breakthroughs and smartphone users. As a result, companies have the advantage to influence billions of consumers worldwide in one go. Additionally, rising disposable incomes have made it for consumers in developing countries to undergo such purchases.
Global Health Drink Market Challenges
Health complications associated with preservatives and artificial sweeteners and mismatched demand and supply chain are anticipated to hamper the market growth.
The quality and safety of many health drinks are questionable as a preservative has become an indispensable part of their production. Artificial preservatives can set heart complications in motion. Preservatives like phosphoric acid can lead to digestion problems, nausea, dermatitis, diarrhea, and stomach burn. According to National Center for Biotechnology Information, Overall, 55.4% of respondents who had ever consumed a health drink reported that they had experienced at least 1 adverse event, including fast heartbeat (24.7%), difficulty sleeping (24.1%), headache (18.3%), nausea/vomiting/diarrhea (5.1%), chest pain (3.6%) and seizures (0.2%); 3.1% had sought or had considered seeking medical help for an adverse event. Similarly, artificial sweeteners heightened the risk of cancer, obesity, and diabetes which can develop an aversion among consumers regarding the consumption of healthy drinks. On another hand disparity between the supply and demand chain is anticipated to pose a serious challenge to the growth of the global health drinks market.
Global Health Drink Industry Outlook:
Product launches, mergers and acquisitions, joint
ventures, and geographical expansions are key strategies adopted by players in
the aforementioned Market. The Global Health Drink market top 10 companies
include-
- Abbott Laboratories
- The Coca Cola Company
- PepsiCo Inc.
- Glanbia PLC.
- Mondelez International
- Unilever PLC.
- Oy Karl Fazer
- GlaxoSmithKline
- ViVA Drinks
- Upbeat Drinks
Recent Developments
- On January 3, 2022, Illinois, United States-based multinational company Mondelez International (a firm that operates in drinks, confectionery, and snacks business) publicized the successful acquisition of Athens, Greece-based company “Chipati.” The total value of the transaction stands around a staggering $2 billion. In addition to that, the acquisition strengthened Mondelez’s snaking expertise and its presence in Central and Eastern Europe.
- On November 10, 2021, Kilkenny, Ireland-based Glanbia (a form known for its sports nutrition, vitamin premixes, and dairy ingredients) announced exit from the Ireland market with the sale of 40 percent of its possession in the dairy business of Glanbia Ireland to a farmer-led Co-operative company. The total value of the transaction stands at around $307 million. With the completion of this transaction, Glanbia can better focus on its core business.
- On June 6, 2021, Georgia, United states-based leading multination beverage company “Coca-Cola” announced the successful acquisition of Chicago, Illinois-based Fairlife (a firm recognized for its filtered milk). Coca-Cola has expanded its minority interest in Fairlife to complete ownership with the completion of this transaction. Moreover, the financials of the transaction were not disclosed by the company.
Relevant Links:
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LIST OF TABLES
1.Global Key Manufacturers Market 2019-2024 ($M)1.1 Coca-Cola Market 2019-2024 ($M) - Global Industry Research
1.2 Archer Daniels Midland Market 2019-2024 ($M) - Global Industry Research
1.3 Campbell Soup Market 2019-2024 ($M) - Global Industry Research
1.4 Danone Market 2019-2024 ($M) - Global Industry Research
1.5 Del Monte Pacific Market 2019-2024 ($M) - Global Industry Research
1.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Global Industry Research
1.7 GlaxoSmithKline Market 2019-2024 ($M) - Global Industry Research
1.8 Kraft Heinz Market 2019-2024 ($M) - Global Industry Research
1.9 Monster Beverage Market 2019-2024 ($M) - Global Industry Research
1.10 Nestl Market 2019-2024 ($M) - Global Industry Research
1.11 PepsiCo Market 2019-2024 ($M) - Global Industry Research
1.12 Yakult Market 2019-2024 ($M) - Global Industry Research
1.13 Red Bull Market 2019-2024 ($M) - Global Industry Research
1.14 Unilever Market 2019-2024 ($M) - Global Industry Research
2.Global Market by Type Market 2019-2024 ($M)
2.1 Hydration Drinks Market 2019-2024 ($M) - Global Industry Research
2.2 Rejuvenation Drinks Market 2019-2024 ($M) - Global Industry Research
2.3 Health Wellness Drinks Market 2019-2024 ($M) - Global Industry Research
2.4 Weight Management Drinks Market 2019-2024 ($M) - Global Industry Research
3.Global Key Manufacturers Market 2019-2024 (Volume/Units)
3.1 Coca-Cola Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Archer Daniels Midland Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Campbell Soup Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Danone Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Del Monte Pacific Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 Dr. Pepper Snapple Group Market 2019-2024 (Volume/Units) - Global Industry Research
3.7 GlaxoSmithKline Market 2019-2024 (Volume/Units) - Global Industry Research
3.8 Kraft Heinz Market 2019-2024 (Volume/Units) - Global Industry Research
3.9 Monster Beverage Market 2019-2024 (Volume/Units) - Global Industry Research
3.10 Nestl Market 2019-2024 (Volume/Units) - Global Industry Research
3.11 PepsiCo Market 2019-2024 (Volume/Units) - Global Industry Research
3.12 Yakult Market 2019-2024 (Volume/Units) - Global Industry Research
3.13 Red Bull Market 2019-2024 (Volume/Units) - Global Industry Research
3.14 Unilever Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Market by Type Market 2019-2024 (Volume/Units)
4.1 Hydration Drinks Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Rejuvenation Drinks Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Health Wellness Drinks Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Weight Management Drinks Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Key Manufacturers Market 2019-2024 ($M)
5.1 Coca-Cola Market 2019-2024 ($M) - Regional Industry Research
5.2 Archer Daniels Midland Market 2019-2024 ($M) - Regional Industry Research
5.3 Campbell Soup Market 2019-2024 ($M) - Regional Industry Research
5.4 Danone Market 2019-2024 ($M) - Regional Industry Research
5.5 Del Monte Pacific Market 2019-2024 ($M) - Regional Industry Research
5.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
5.7 GlaxoSmithKline Market 2019-2024 ($M) - Regional Industry Research
5.8 Kraft Heinz Market 2019-2024 ($M) - Regional Industry Research
5.9 Monster Beverage Market 2019-2024 ($M) - Regional Industry Research
5.10 Nestl Market 2019-2024 ($M) - Regional Industry Research
5.11 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
5.12 Yakult Market 2019-2024 ($M) - Regional Industry Research
5.13 Red Bull Market 2019-2024 ($M) - Regional Industry Research
5.14 Unilever Market 2019-2024 ($M) - Regional Industry Research
6.North America Market by Type Market 2019-2024 ($M)
6.1 Hydration Drinks Market 2019-2024 ($M) - Regional Industry Research
6.2 Rejuvenation Drinks Market 2019-2024 ($M) - Regional Industry Research
6.3 Health Wellness Drinks Market 2019-2024 ($M) - Regional Industry Research
6.4 Weight Management Drinks Market 2019-2024 ($M) - Regional Industry Research
7.South America Key Manufacturers Market 2019-2024 ($M)
7.1 Coca-Cola Market 2019-2024 ($M) - Regional Industry Research
7.2 Archer Daniels Midland Market 2019-2024 ($M) - Regional Industry Research
7.3 Campbell Soup Market 2019-2024 ($M) - Regional Industry Research
7.4 Danone Market 2019-2024 ($M) - Regional Industry Research
7.5 Del Monte Pacific Market 2019-2024 ($M) - Regional Industry Research
7.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
7.7 GlaxoSmithKline Market 2019-2024 ($M) - Regional Industry Research
7.8 Kraft Heinz Market 2019-2024 ($M) - Regional Industry Research
7.9 Monster Beverage Market 2019-2024 ($M) - Regional Industry Research
7.10 Nestl Market 2019-2024 ($M) - Regional Industry Research
7.11 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
7.12 Yakult Market 2019-2024 ($M) - Regional Industry Research
7.13 Red Bull Market 2019-2024 ($M) - Regional Industry Research
7.14 Unilever Market 2019-2024 ($M) - Regional Industry Research
8.South America Market by Type Market 2019-2024 ($M)
8.1 Hydration Drinks Market 2019-2024 ($M) - Regional Industry Research
8.2 Rejuvenation Drinks Market 2019-2024 ($M) - Regional Industry Research
8.3 Health Wellness Drinks Market 2019-2024 ($M) - Regional Industry Research
8.4 Weight Management Drinks Market 2019-2024 ($M) - Regional Industry Research
9.Europe Key Manufacturers Market 2019-2024 ($M)
9.1 Coca-Cola Market 2019-2024 ($M) - Regional Industry Research
9.2 Archer Daniels Midland Market 2019-2024 ($M) - Regional Industry Research
9.3 Campbell Soup Market 2019-2024 ($M) - Regional Industry Research
9.4 Danone Market 2019-2024 ($M) - Regional Industry Research
9.5 Del Monte Pacific Market 2019-2024 ($M) - Regional Industry Research
9.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
9.7 GlaxoSmithKline Market 2019-2024 ($M) - Regional Industry Research
9.8 Kraft Heinz Market 2019-2024 ($M) - Regional Industry Research
9.9 Monster Beverage Market 2019-2024 ($M) - Regional Industry Research
9.10 Nestl Market 2019-2024 ($M) - Regional Industry Research
9.11 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
9.12 Yakult Market 2019-2024 ($M) - Regional Industry Research
9.13 Red Bull Market 2019-2024 ($M) - Regional Industry Research
9.14 Unilever Market 2019-2024 ($M) - Regional Industry Research
10.Europe Market by Type Market 2019-2024 ($M)
10.1 Hydration Drinks Market 2019-2024 ($M) - Regional Industry Research
10.2 Rejuvenation Drinks Market 2019-2024 ($M) - Regional Industry Research
10.3 Health Wellness Drinks Market 2019-2024 ($M) - Regional Industry Research
10.4 Weight Management Drinks Market 2019-2024 ($M) - Regional Industry Research
11.APAC Key Manufacturers Market 2019-2024 ($M)
11.1 Coca-Cola Market 2019-2024 ($M) - Regional Industry Research
11.2 Archer Daniels Midland Market 2019-2024 ($M) - Regional Industry Research
11.3 Campbell Soup Market 2019-2024 ($M) - Regional Industry Research
11.4 Danone Market 2019-2024 ($M) - Regional Industry Research
11.5 Del Monte Pacific Market 2019-2024 ($M) - Regional Industry Research
11.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
11.7 GlaxoSmithKline Market 2019-2024 ($M) - Regional Industry Research
11.8 Kraft Heinz Market 2019-2024 ($M) - Regional Industry Research
11.9 Monster Beverage Market 2019-2024 ($M) - Regional Industry Research
11.10 Nestl Market 2019-2024 ($M) - Regional Industry Research
11.11 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
11.12 Yakult Market 2019-2024 ($M) - Regional Industry Research
11.13 Red Bull Market 2019-2024 ($M) - Regional Industry Research
11.14 Unilever Market 2019-2024 ($M) - Regional Industry Research
12.APAC Market by Type Market 2019-2024 ($M)
12.1 Hydration Drinks Market 2019-2024 ($M) - Regional Industry Research
12.2 Rejuvenation Drinks Market 2019-2024 ($M) - Regional Industry Research
12.3 Health Wellness Drinks Market 2019-2024 ($M) - Regional Industry Research
12.4 Weight Management Drinks Market 2019-2024 ($M) - Regional Industry Research
13.MENA Key Manufacturers Market 2019-2024 ($M)
13.1 Coca-Cola Market 2019-2024 ($M) - Regional Industry Research
13.2 Archer Daniels Midland Market 2019-2024 ($M) - Regional Industry Research
13.3 Campbell Soup Market 2019-2024 ($M) - Regional Industry Research
13.4 Danone Market 2019-2024 ($M) - Regional Industry Research
13.5 Del Monte Pacific Market 2019-2024 ($M) - Regional Industry Research
13.6 Dr. Pepper Snapple Group Market 2019-2024 ($M) - Regional Industry Research
13.7 GlaxoSmithKline Market 2019-2024 ($M) - Regional Industry Research
13.8 Kraft Heinz Market 2019-2024 ($M) - Regional Industry Research
13.9 Monster Beverage Market 2019-2024 ($M) - Regional Industry Research
13.10 Nestl Market 2019-2024 ($M) - Regional Industry Research
13.11 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
13.12 Yakult Market 2019-2024 ($M) - Regional Industry Research
13.13 Red Bull Market 2019-2024 ($M) - Regional Industry Research
13.14 Unilever Market 2019-2024 ($M) - Regional Industry Research
14.MENA Market by Type Market 2019-2024 ($M)
14.1 Hydration Drinks Market 2019-2024 ($M) - Regional Industry Research
14.2 Rejuvenation Drinks Market 2019-2024 ($M) - Regional Industry Research
14.3 Health Wellness Drinks Market 2019-2024 ($M) - Regional Industry Research
14.4 Weight Management Drinks Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Global Health Drink Market Revenue, 2019-2024 ($M)2.Canada Global Health Drink Market Revenue, 2019-2024 ($M)
3.Mexico Global Health Drink Market Revenue, 2019-2024 ($M)
4.Brazil Global Health Drink Market Revenue, 2019-2024 ($M)
5.Argentina Global Health Drink Market Revenue, 2019-2024 ($M)
6.Peru Global Health Drink Market Revenue, 2019-2024 ($M)
7.Colombia Global Health Drink Market Revenue, 2019-2024 ($M)
8.Chile Global Health Drink Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Health Drink Market Revenue, 2019-2024 ($M)
10.UK Global Health Drink Market Revenue, 2019-2024 ($M)
11.Germany Global Health Drink Market Revenue, 2019-2024 ($M)
12.France Global Health Drink Market Revenue, 2019-2024 ($M)
13.Italy Global Health Drink Market Revenue, 2019-2024 ($M)
14.Spain Global Health Drink Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Health Drink Market Revenue, 2019-2024 ($M)
16.China Global Health Drink Market Revenue, 2019-2024 ($M)
17.India Global Health Drink Market Revenue, 2019-2024 ($M)
18.Japan Global Health Drink Market Revenue, 2019-2024 ($M)
19.South Korea Global Health Drink Market Revenue, 2019-2024 ($M)
20.South Africa Global Health Drink Market Revenue, 2019-2024 ($M)
21.North America Global Health Drink By Application
22.South America Global Health Drink By Application
23.Europe Global Health Drink By Application
24.APAC Global Health Drink By Application
25.MENA Global Health Drink By Application