Global Nutritional Beverages Market Segmentation, By Parameter (Vitamin Profile, Mineral Profile, Fat Profile, Moisture, Proteins, Total Dietary Fibre, Sugar Profile, Cholesterol, Calories), Product Type (Beverages, Snacks, Bakery and Confectionery, Meat and Poultry, Sauces, Dressings, Condiments, Dairy and Desserts, Fruits and Vegetables, Edible Fats and Oils, Baby Food, Others), Application (Health and Fitness, Medical, Sports, Others), Objective (Product Labelling, New Product Development, Regulation Compliance) – Industry Trends and Forecast to 2031.
Nutritional Beverages Market Analysis
In recent years, the market for nutritional beverages is anticipated to grow rapidly. Nutritional foods and beverages are designed to maximize the quantity of food consumed while also delivering concentrated vitamins, minerals, and amino acids. This cuisine has a low fat, cholesterol, and sodium content, making it less likely to cause heart disease. People who are deficient in fiber can benefit from high fiber foods. Nutritional foods and beverages also provide you more energy and help you lose weight. All these factors led to the high demand for nutritional beverages in the market.
Nutritional Beverages Market Size
Global nutritional beverages market size was valued at USD 6.13 billion in 2023 and is projected to reach USD 11.87 billion by 2031, with a CAGR of 8.60% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Nutritional Beverages Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA)
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Key Market Players
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Chr Hansen Holding A/S (Denmark), SGS S.A. (Switzerland), Intertek Group PLC (UK), Eurofins Scientific (Luxembourg), Bureau Veritas S.A (France), ALS Ltd (Australia), Mérieux Nutrisciences Corporation (US), Asurequality Ltd. (New Zealand), TUV Nord Group (Germany), Bureau Veritas (France), Labcorp Drug Development (US), Danone (France), Mead Johnson & Company, LLC. (US), PepsiCo, Inc (US), Nestlé (Switzerland), The Kraft Heinz Company (US), General Mills (US), ADM (US), B. Braun Melsungen AG (Germany), Abbott (US), Thermo Fisher Scientific Inc. (US), BASF SE (Germany), DuPont (US)
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Market Opportunities
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Nutritional Beverages Market Definition
Non-alcoholic beverages that aid in the maintenance of one's body and provide the benefits of a balanced diet are referred to as nutritious drinks. These potent beverages can help prevent or treat health problems in people of all ages. Herbs, vitamins, minerals, amino acids, and other fruits and vegetables are among the strengthening constituents.
Nutritional Beverages Market Dynamics
Drivers
- Rising popularity of healthy drinks
Industry growth is predicted to be exacerbated by the rising popularity of healthy drinks among young people, and also aggressive marketing techniques used by market players to expand their consumer bases.
- Increasing prevalence of chronic diseases
Increasing prevalence of chronic diseases across the globe along with the death of nutrition are the major factors that will cushion the market’s growth rate.
Furthermore, rising urbanization, and increasing level of disposable income will drive market value growth. Also, growth of global processed food market and implementation of food labels and economically developed across the globe will cushion the growth rate of nutritional beverages market. Another significant factor influencing the market’s growth rate is the increasing awareness about health and hectic lifestyle.
Opportunities
- Increasing competition among industrial players
The rising competition among industrial players will urgent need for energy drinks and further create new market opportunities during the forecast period.
Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.
Restraints/ Challenges
On the other hand, the market is projected to be hampered by growing use of artificial flavors and preservatives. The lack of food control infrastructure and services in developing countries will hinder the market’s growth rate. Emergence of unfavourable conditions due to COVID-19outbreak and lack of awareness will act as market restraint and further challenge the market growth rate.
This nutritional beverages market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the nutritional beverages market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Nutritional Beverages Market
The nutritional beverages market has grown slowly as a result of the COVID-19 pandemic. The global market has been harmed by the disruption in production capacity and supply chain caused by the coronavirus outbreak. Throughout the pandemic period, however, the growing adoption of good eating and drinking habits, combined with rising health concerns, has boosted the growth of the nutritional beverages market.
Nutritional Beverages Market Scope
The nutritional beverages market is segmented on the basis of parameter, product type, objective and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Parameter
- Vitamin Profile
- Mineral Profile
- Fat Profile
- Moisture
- Proteins
- Total Dietary Fibre
- Sugar Profile
- Cholesterol
- Calories
Product Type
- Beverages
- Snacks
- Bakery and Confectionery
- Meat and Poultry
- Sauces
- Dressings
- Condiments
- Dairy and Desserts
- Fruits and Vegetables
- Edible Fats and Oils
- Baby Food
- Others
Application
- Health and Fitness
- Medical
- Sports
- Others
Objective
- Product Labelling
- New Product Development
- Regulation Compliance
Nutritional Beverages Market Regional Analysis
The nutritional beverages market is analyzed and market size insights and trends are provided by country, parameter, product type, objective and application as referenced above.
The countries covered in the nutritional beverages market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the nutritional beverages market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. With the presence of offline and online distribution channels, growing demand for nutritious drinks from athletes, and advanced investment by leading industry players exploring growth opportunities in the region, countries such as India, China, and Singapore are leading the Asia-Pacific nutritional beverages market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Nutritional Beverages Market Share
The nutritional beverages market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to nutritional beverages market.
Nutritional Beverages Market Leaders Operating in the Market Are:
- Chr Hansen Holding A/S (Denmark)
- SGS S.A. (Switzerland)
- Intertek Group PLC (UK)
- Eurofins Scientific (Luxembourg)
- Bureau Veritas S.A (France)
- ALS Ltd (Australia)
- Mérieux Nutrisciences Corporation (US)
- Asurequality Ltd. (New Zealand)
- TUV Nord Group (Germany)
- Bureau Veritas (France)
- Labcorp Drug Development (US)
- Danone (France)
- Mead Johnson & Company, LLC. (US)
- PepsiCo, Inc (US)
- Nestlé (Switzerland)
- The Kraft Heinz Company (US)
- General Mills (US)
- ADM (US)
- B. Braun Melsungen AG (Germany)
- Abbott (US)
- Thermo Fisher Scientific Inc. (US)
- BASF SE (Germany)
- DuPont (US)
Latest Developments in Nutritional Beverages Market
- In 2022, DSM had announced the launch of new Food and Beverage business group – a one-stop-shop which offers a full range of taste, texture and health solutions. DSM's strategy is to support this market advancement by combining the ingredients, global and local expertise, and solutions supplied by its previously separate Food Specialties, Hydrocolloids, and Nutritional Products business areas into a single Food and Beverage business group
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