Market Overview:
The global cactus beverage market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and organic beverages. In terms of type, the conventional segment is expected to dominate the market during the forecast period. However, the organic segment is projected to grow at a higher CAGR owing to rising consumer awareness about health benefits associated with organic products. In terms of application, food service is estimated to be the largest segment in 2018 and it is projected to maintain its dominance duringthe forecast period as well. This can be attributedto growing demand for healthy food options among consumers acrossthe globe.
Product Definition:
Cactus beverage is a drink made from the fruit of the cactus plant. It is said to be very nutritious and has a variety of health benefits.
Conventional:
Conventional is the most used variety of grapefruit juice in the world. It has been produced and consumed since ancient times, with very few changes in its composition. The fruit was first discovered in India, where it was called as a bitter orange or Indian lime. From there it spread to other countries like China and Southeast Asia, where it was known as a bitter orange or sour grapefruit.
Organic:
Organic is a term used for products that are produced by methods that do not involve the use of harmful chemicals such as pesticides, herbicides, or chemical fertilizers. Organic beverages are non-GMO and free from artificial preservatives or sweeteners. The primary benefit of consuming organic products is their safety since they were produced without the help of any harmful chemicals.
The global organic beverage market was valued at USD 59 billion in 2015.
Application Insights:
The food service application segment led the global cactus beverage market in 2017. The segment is expected to expand at a revenue-based CAGR of XX% over the forecast period owing to an increase in demand for alcoholic and non-alcoholic beverages, including juices, cocktails, mocktails and shakes among others.
The product has various health benefits as well as aesthetic appeal which makes it popular among consumers especially in countries such as Mexico where there is a high prevalence of diabetes due to consumption of sugar-rich drinks along with traditional Mexican food items such as mole poblano and tacos de harina corn tortillas made out of masa flour which are traditionally served with fresh salsa or chili sauce made out of tomatoes, onions garlic chilies peppers coriander leaves salt oregano oil etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for cactus-based beverages from Mexico and U.S.
Asia Pacific is anticipated to be one of fastest growing regional markets due to high consumption rates and changing consumer preferences towards organic drinks among other factors such as rise in disposable income levels and urbanization trends across various countries such as China, India, Thailand etc.
Europe also held a significant share in terms of revenue generation owing its large population base especially across Germany, France Italy Russia Spain UK etc.
Growth Factors:
- Increasing demand for healthy beverages: There is a growing demand for healthier beverages, which has led to an increase in the popularity of cactus juice and other cactus-based drinks. This provides a growth opportunity for the cactus beverage market.
- Rising awareness about the health benefits of cactus juice: Cactus juice is rich in antioxidants, vitamins, minerals, and other nutrients that offer various health benefits. This has led to an increase in its popularity among consumers, which is driving the growth of the cactus beverage market.
- Growing trend of consuming functional drinks: Consumers are increasingly becoming aware of the health benefits offered by functional drinks such as cactus juice and are inclining towards them over traditional soft drinks or juices. This is propelling the growth of the global cactus beverage market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cactus Beverage Market Research Report
By Type
Conventional, Organic
By Application
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
By Companies
True Nopal, DrinkCali Water, Steaz, Lauro Company, The Cactus Water
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Cactus Beverage Market Report Segments:
The global Cactus Beverage market is segmented on the basis of:
Types
Conventional, Organic
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
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
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:
- True Nopal
- DrinkCali Water
- Steaz
- Lauro Company
- The Cactus Water
Highlights of The Cactus Beverage 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:
- Conventional
- Organic
- By Application:
- Food Service
- Supermarkets/Hypermarkets
- Departmental Stores
- Specialty Stores
- Online Retail
- 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 Cactus Beverage 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?
Cactus Beverage is a craft beer company based in Tucson, Arizona. The company was founded in 2014 by brothers Matt and Nick Southerland.
Some of the major players in the cactus beverage market are True Nopal, DrinkCali Water, Steaz, Lauro Company, The Cactus Water.
The cactus beverage market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cactus Beverage Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cactus Beverage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cactus Beverage Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cactus Beverage Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cactus Beverage Market Size & Forecast, 2020-2028
4.5.1 Cactus Beverage Market Size and Y-o-Y Growth
4.5.2 Cactus Beverage Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Supermarkets/Hypermarkets
6.2.3 Departmental Stores
6.2.4 Specialty Stores
6.2.5 Online Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cactus Beverage Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cactus Beverage Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional
9.6.2 Organic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Supermarkets/Hypermarkets
9.10.3 Departmental Stores
9.10.4 Specialty Stores
9.10.5 Online Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional
10.6.2 Organic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Supermarkets/Hypermarkets
10.10.3 Departmental Stores
10.10.4 Specialty Stores
10.10.5 Online Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional
11.6.2 Organic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Supermarkets/Hypermarkets
11.10.3 Departmental Stores
11.10.4 Specialty Stores
11.10.5 Online Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional
12.6.2 Organic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Supermarkets/Hypermarkets
12.10.3 Departmental Stores
12.10.4 Specialty Stores
12.10.5 Online Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional
13.6.2 Organic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Supermarkets/Hypermarkets
13.10.3 Departmental Stores
13.10.4 Specialty Stores
13.10.5 Online Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cactus Beverage Market: Competitive Dashboard
14.2 Global Cactus Beverage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 True Nopal
14.3.2 DrinkCali Water
14.3.3 Steaz
14.3.4 Lauro Company
14.3.5 The Cactus Water
