Instant Beverages Pre-Mix Market to Surpass $29 Billion by 2022
Need for
enhanced convenience in fast-paced life, expanding working population and
growing demand for packaged foods to drive global instant beverages pre-mix market
through 2022
According
to a TechSci Research report, “Global
Instant Beverages Pre-Mix Market By Type, By Distribution Channel, By
Region, Competition Forecast & Opportunities, 2012 – 2022”, the
global instant beverages pre-mix market is projected to reach $ 29 billion by
2022. Rising disposable income, growing consumer awareness, localization of
flavors according to customer preferences and widening distribution channels
are expected to drive the instant beverages pre-mix market, globally, during
the forecast period. Mondelez
International, Nestlé, Ajinomoto Co. Inc. and Starbucks Corporation are some of the leading players operating in the global instant beverages
pre-mix market.
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Some of the other factors likely to aid the
global instant beverages pre-mix market are growing demand for tea from Asian
expats, coupled with launch of value added products with nutritional advantages
and technological advancements. Asia-Pacific dominated the global instant
beverages pre-mix market in 2016, and the region is anticipated to maintain its
market dominance through 2022 as well, on account of growing urbanization,
rising population, surging online sales and increasing consumer preference for innovative
beverage pre-mix products. Moreover, the region’s instant beverages pre-mix
market would be supported by increasing trend of nuclear families and rising
labor force in Asia-Pacific.
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“With increasing per capita spending on instant
beverages pre-mix, rising awareness among consumers
and greater accessibility and availability of these products at an increasing
number of retail stores, demand for instant beverages pre-mix is growing at a
robust pace on a global level. Further, factors like the availability of a
variety of flavors and health benefits are expected
to boost the global instant beverages pre-mix market in the coming years,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management consulting
firm.
“Global Instant Beverages Pre-Mix Market By Type, By
Distribution Channel, By Region, Competition Forecast & Opportunities, 2012
– 2022” has
evaluated the future growth potential of global instant beverages
pre-mix market and provides statistics and information on market structure,
size, share and future growth. The report is intended to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in the global instant
beverages pre-mix market.
About TechSci Research
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