ALBANY, New York, November 19, 2015 /PRNewswire/ --
According to a new market report published by Transparency Market Research "Instant Beverage Premix Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021," the instant beverage premix market in terms of revenue was valued at US$59.38 bn in 2014, which is expected to reach US$85.80 bn by 2021, at a CAGR of 5.7% from 2015 to 2021. In term of volume, the market was valued at 1.96 bn kg in 2014, which is expected to reach 225 bn kg by 2021, growing at a CAGR of 2.0% from 2015 to 2021.
Browse Research Report with Analysis : http://www.transparencymarketresearch.com/instant-beverage-premix-market.html
Increasing health awareness among consumers is one of the major drivers for the instant beverage premix market, and is expected to fuel demand for instant beverage premix in the developing countries.
The instant beverage premix market can be categorized on the basis of product type namely instant coffee, instant milk, instant tea, soup, instant health drink and others. Amongst various product types, in terms of revenue instant coffee held the largest market share followed by instant tea in 2014 and expected to be the same in the estimated period, 2015 to 2021. Demand for instant coffee is primarily driven by its health benefits. Drinking instant coffee makes people fresh and energetic. Amongst various product types, in terms of volume instant tea held the largest market share followed by soup in 2014 and expected to be the same in the estimated period of 2015 to 2021.
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Based on geography, the global instant beverage premix market is segmented into: North America, Europe, Asia-Pacific, and Rest of the World (RoW). At present, Asia Pacific holds the largest market share followed by Europe. Asia-Pacific is estimated to be the largest market for instant beverage premix products in 2014 and expected to be the same during the anticipate period of 2015 to 2021. Factors such as the increasing distribution channel and availability of products on different websites such as Amazon, eBay and Wal-Mart among others are also expected to bolster the growth of the instant beverage premix market globally. In addition, packaging design is a key driver for sales to attract consumers. In a saturated product segment with a number of products in the same category, packaging is the only differentiator that helps a consumer chooses one brand over the other. This is expected to create awareness for the instant beverage premix products during the forecast period. The impact of this driver is high at present and is expected to be medium in the coming years.
The report includes profiles of major participants operating in the global market. Major players include Ajinomoto General Foods Inc., Monster Beverage Company, PepsiCo Inc., The Coca-Cola Company, Starbucks Corporation, Suntory Beverage & Food Limited, Dunkin' Brands Group, Inc., The Republic of Tea, Inc., and Keurig Green Mountain, Inc. among others.
Other Upcoming Research Reports:
- Chilled And Deli Food Market - Global Industry Size, Share, Trends, Analysis, And Forecasts, 2012 - 2018 : http://www.transparencymarketresearch.com/chilled-and-deli-food-market.html
- Global Animal Food Market - Industry Size, Share, Trends, Analysis, And Forecasts 2012 - 2018 : http://www.transparencymarketresearch.com/animal-food-market.html
The segments covered in the Instant Beverage Premix market are as follows:
Global Instant Beverage Premix Market: By Product Type
- Instant Tea
- Instant Milk
- Instant Health Drinks
- Instant Coffee
Global Instant Beverage Premix Market: By Geography
1. North America
- Rest of North America
- Rest of Europe
3. Asia Pacific
- Rest of Asia Pacfic
4. Rest of the World (RoW)
- Middle East
- Latin America
Other Published Research Reports:
1. Food Certification Market to Reach US$16.0 bn by 2021 due to Rising Consumer Awareness about Consuming Healthy Food Products : http://www.transparencymarketresearch.com/food-certification-market.html
2. Food Additives Market is expected to reach USD 39.85 billion by 2021 : http://www.transparencymarketresearch.com/food-additives.html
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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SOURCE Transparency Market Research