Still Drinks Market Rapidly Increasing Growth Latest Report With Future Estimations, Current Trends And Opportunity Analysis 2018-2026
Still drinks are non-carbonated beverages that have been linked to a variety of health benefits such as improved digestion, improved heart health, and increased energy. Still drinks include fruit juice, ready-to-drink coffee and tea, as well as energy and sports drinks. Still drinks include functional beverages high in minerals and vitamins, as well as flavoured bottled water.
Increasing awareness of health issues such as obesity as a result of carbonated drink consumption, particularly among teenagers and young adults, is a major driver of growth in the still drinks market. According to the 2014 National Health and Nutrition Examination Survey (NHANES), two out of every three Americans are overweight or obese. Market participants are implementing various strategies to diversify their product portfolios in order to focus on minimising negative environmental effects through recycling and the use of biodegradable materials. JUST Water, a manufacturer of spring water products, plans to launch a line of organic flavor-infused water with biodegradable packaging in the first quarter of 2018.
The rising consumer popularity of various types of still drinks, such as energy and sports drinks, functional drinks, and others, is expected to drive global Still Drinks Market expansion during the forecast period. Furthermore, increased desire for a variety of nutritious drinks among individuals as a result of their hectic lifestyles, as well as an increase in the adoption of bottled water with various flavours and ready-to-drink coffee and tea around the world, are expected to drive global market demand.
Market Segmentation
On the basis of product type
- Bottled Water
- Juice
- Ready to Drink Tea and Coffee
- Energy and Sports Drinks
- Functional Drinks
On the basis of flavor
- Mango
- Orange
- Mint
- Chocolate
- Lemon
- Others
On the basis of distribution channel
- Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
The major players operating in the global still drinks market include Danone, Nestle SA, PepsiCo, The Coca-Cola Company, Dabur India Limited, Unilever, Bisleri International Private Limited, and Del Monte Foods, Inc.
Comments
Post a Comment