The Global Beauty Drinks Market was worth $650 million in 2016 and estimated to be growing at a CAGR of 11.4%, to reach $1115.17 million by 2021. Beauty drink market is likely to show noteworthy growth because of the increase in early aging. Consumers are inclined towards healthy choices which ultimately result in the sustenance and growth of beauty drinks market across the globe.
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Beauty drinks help maintain the natural beauty through the battle against ageing. Beauty drink is a general term that comprises of all types of drinks that enclose beauty benefiting antioxidants, vitamins, amino acids and minerals. Novel products with antioxidants have also been effective in delaying the early marks of ageing. Among these, collagen protein based products have been manufactured broadly constituting a large part of the total product variety.
Fast industrial development has given rise to in advanced machinery leading to a large-scale production of beauty drinks. Steady growth in beauty-conscious population has been observed in the developing countries during the past few years. Successively, an extension of consumer base for healthy and nutritionally valued products has occurred globally. Growing pollution and changing life styles result in early signs of ageing which indirectly acts as a driver for the beauty drinks market. High manufacturing cost of these beauty drinks is restraining the growth of this market in the forecast period.
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Global market for Beauty Drinks is segmented by product type into Anti-Ageing, Radiance, Detoxicating and Vitality. Based on Ingredients type the market is segregated into Vitamins and Minerals, Fruit Extracts, Coenzymes and Proteins. By Demographic Consumption Type, the bifurcation is amongst Teenagers, Younger Women and Mature Women.
Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. Europe is anticipated to contribute highest market share followed by North America. Demand for beauty drinks is very high in Europe due to the higher levels of awareness and consciousness among consumers in comparison to other regions through educational advertising operations.
Key players that operate in the global beauty drinks market are DyDo Drin Co., Big Quark LLC, SIPA spa, Sappe Public Company Limited, The Coca-Cola Company Inc. and Nestlé S.A. Several firms functioning in the global beauty drinks markets are endlessly introducing new types of beauty drinks used for diverse target customer and applications.
Major Points From The Table Of Contents:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Leaders’ Analysis
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