Market Overview:
The global fortified drink market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about the benefits of fortified drinks, rising disposable income, and changing lifestyle trends. Amongst type, non-alcoholic beverages segment is expected to witness highest growth rate during the forecast period owing to its health benefits over alcoholic beverages. Amongst application, store based segment is anticipated to hold dominant position in terms of revenue share throughout the forecast period followed by non-store based segment. Geographically, North America dominates the global fortified drink market and is projected to maintain its dominance throughout 2030 owing high penetration of convenience stores and supermarkets in this region coupled with rising demand for healthy food & beverage products amongst consumers.
Product Definition:
A fortified drink is a beverage that has been enriched with vitamins, minerals, or other nutrients. Fortified drinks are often used to provide additional nutrients for people who may not be getting enough from their diet. They can also be used to help people who are recovering from an illness or injury.
Non-Alcoholic Beverages:
Non-alcoholic beverages are those that contain no alcohol. The major difference between alcoholic and non-alcoholic beverages is the amount of ethanol (grain alcohol) they contain. Ethyl alcohol is also known as drinking water or liquid sugar, since it contains the same molecular unit of hydroxyl (OH) group found in natural water.
Alcoholic Beverages:
Alcoholic beverages are drinks that contain ethanol (alcohol) as a main ingredient. Ethyl alcohol is also known as ethyl hydrate, alcoholic hydrate, or drinking water. It can be produced from various raw materials including cereals & grains, fruits, and sugarcane.
Application Insights:
The store-based application segment held the largest share of over 70.0% in 2017. The growing trend of consumption of fortified beverages in restaurants and food joints across developed economies including U.S., Germany, France, UK is expected to drive the demand for fortified drinks over the forecast period. In addition, increasing spending on health and wellness products by consumers is anticipated to positively impact market growth over the next eight years.
Non-store based applications include hospitals.
Regional Analysis:
Asia Pacific dominated the global fortified drink market in 2017. The region is expected to maintain its position over the forecast period as well. This can be attributed to rising disposable income, changing lifestyles, and increasing adoption of a nutritious lifestyle among consumers from developing countries such as China and India. Moreover, growing demand for low calorie count beverages along with an increase in health awareness will drive growth further.
Europe is anticipated to witness significant growth over the next eight years owing to factors such as rise in aging population coupled with high obesity levels among individuals which are driving up consumption of alcohol products including fortified drinks like tea and coffee that contain small amounts of alcohol thus leading to higher sales volume estimates for both these categories at present time (2017). North America also has a huge potential market due to presence of key companies operating within this region along with strong distribution network across U.S., Canada, Mexico etc.
Growth Factors:
- Increasing awareness about the health benefits of fortified drinks among consumers.
- Rising demand for healthy and nutritious beverages among health-conscious consumers.
- Growing popularity of functional drinks as a means to improve overall health and well-being.
- Proliferation of new product launches in the fortified drink market by beverage manufacturers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fortified Drink Market Research Report
By Type
Non-Alcoholic Beverages, Alcoholic Beverages
By Application
Store Based, Non-Store Based
By Companies
Danone SA, Nestle SA, The Coco Cola, The Boots Company PLC, Tropicana Products Inc., General Mills, Inc., Abbott Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Fortified Drink Market Report Segments:
The global Fortified Drink market is segmented on the basis of:
Types
Non-Alcoholic Beverages, Alcoholic Beverages
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store Based, Non-Store Based
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danone SA
- Nestle SA
- The Coco Cola
- The Boots Company PLC
- Tropicana Products Inc.
- General Mills, Inc.
- Abbott Laboratories
Highlights of The Fortified Drink Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-Alcoholic Beverages
- Alcoholic Beverages
- By Application:
- Store Based
- Non-Store Based
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fortified Drink Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fortified drink is a beverage that has been enriched with vitamins, minerals, or other nutrients.
Some of the major players in the fortified drink market are Danone SA, Nestle SA, The Coco Cola, The Boots Company PLC, Tropicana Products Inc., General Mills, Inc., Abbott Laboratories.
The fortified drink market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fortified Drink Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fortified Drink Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fortified Drink Market - Supply Chain
4.5. Global Fortified Drink Market Forecast
4.5.1. Fortified Drink Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fortified Drink Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fortified Drink Market Absolute $ Opportunity
5. Global Fortified Drink Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fortified Drink Market Size and Volume Forecast by Type
5.3.1. Non-Alcoholic Beverages
5.3.2. Alcoholic Beverages
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fortified Drink Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fortified Drink Market Size and Volume Forecast by Application
6.3.1. Store Based
6.3.2. Non-Store Based
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fortified Drink Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fortified Drink Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fortified Drink Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fortified Drink Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fortified Drink Demand Share Forecast, 2019-2026
9. North America Fortified Drink Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fortified Drink Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fortified Drink Market Size and Volume Forecast by Application
9.4.1. Store Based
9.4.2. Non-Store Based
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fortified Drink Market Size and Volume Forecast by Type
9.7.1. Non-Alcoholic Beverages
9.7.2. Alcoholic Beverages
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fortified Drink Demand Share Forecast, 2019-2026
10. Latin America Fortified Drink Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fortified Drink Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fortified Drink Market Size and Volume Forecast by Application
10.4.1. Store Based
10.4.2. Non-Store Based
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fortified Drink Market Size and Volume Forecast by Type
10.7.1. Non-Alcoholic Beverages
10.7.2. Alcoholic Beverages
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fortified Drink Demand Share Forecast, 2019-2026
11. Europe Fortified Drink Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fortified Drink Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fortified Drink Market Size and Volume Forecast by Application
11.4.1. Store Based
11.4.2. Non-Store Based
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fortified Drink Market Size and Volume Forecast by Type
11.7.1. Non-Alcoholic Beverages
11.7.2. Alcoholic Beverages
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.101. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fortified Drink Demand Share, 2019-2026
12. Asia Pacific Fortified Drink Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fortified Drink Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fortified Drink Market Size and Volume Forecast by Application
12.4.1. Store Based
12.4.2. Non-Store Based
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fortified Drink Market Size and Volume Forecast by Type
12.7.1. Non-Alcoholic Beverages
12.7.2. Alcoholic Beverages
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fortified Drink Demand Share, 2019-2026
13. Middle East & Africa Fortified Drink Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fortified Drink Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fortified Drink Market Size and Volume Forecast by Application
13.4.1. Store Based
13.4.2. Non-Store Based
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fortified Drink Market Size and Volume Forecast by Type
13.7.1. Non-Alcoholic Beverages
13.7.2. Alcoholic Beverages
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fortified Drink Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fortified Drink Market: Market Share Analysis
14.2. Fortified Drink Distributors and Customers
14.3. Fortified Drink Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danone SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle SA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Coco Cola
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Boots Company PLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tropicana Products Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Mills, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Abbott Laboratories
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
