Market Overview:
The global vitamin drinks 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 awareness about the benefits of vitamins and minerals among consumers, rising demand for healthy beverages, and growing trend of functional drinks. In terms of type, the carbonated drink segment is expected to dominate the global vitamin drinks market during the forecast period owing to its high demand among consumers. However, noncarbonated drink segment is projected to grow at a higher CAGR during 2018-2030 due in part to its numerous health benefits over carbonated drinks.
Product Definition:
A vitamin drink is a beverage that typically contains added vitamins and minerals. The purpose of drinking vitamin drinks is to increase the intake of these nutrients, which may be lacking in the diet.
Carbonated Drink:
Carbonated drinks are non-alcoholic beverages that contain carbon dioxide, which is a natural component of fruit juices. The most common types of carbonated drinks are colas, tonic water and soda syrups. They have been gaining popularity among consumers due to their unique taste and fizziness.
Noncarbonated Drink:
Noncarbonated drink is a beverage that contains water, sugar, flavoring or coloring agents and low-calorie milk. It has emerged as an important part of the daily diet for most consumers around the world. The demand for noncarbonated drinks is expected to grow at a significant pace owing to increasing health concerns among consumers across all age groups in developing countries including India and China over the next few years.
Application Insights:
The normal drink application segment led the global vitamin drinks market in 2017. This can be attributed to growing awareness about health and wellness among consumers, coupled with increasing demand for nutritional supplements. For instance, according to a study published in the National Institutes of Health (NIH), it was found that consumption of vitamin C could prevent coughs and colds in children. Furthermore, companies are entering into agreements with sports nutrition brands to produce and distribute their products together under single brand names. Such developments are expected to drive product demand over the forecast period.
Energy refuel application is projected register a significant growth rate over the forecast period owing to rising consumer preference for energy drinks that provide sustained mental alertness along with sufficient hydration levels during physical activities or training sessions.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product consumption in countries, such as China and India. In 2016, these two countries accounted for a share of more than 50% of global population and are also among the top 10 beverage consumers globally. Thus, with growing demand in these countries, manufacturers have been trying to enter into this market by launching new products or by expanding their business operations within Asia Pacific region. For instance, in September 2017, Coca Cola launched its sparkling drink ‘Thums Up’ in India under brand name ‘T2’ (zero sugar). This product is available at retail stores across major cities including Mumbai and Delhi as well as some other places like airports etc., which has made it easier for people living there who prefer carbonated drinks but cannot consume alcohol due to certain situations etc.
Growth Factors:
- Increasing awareness about the health benefits of vitamin drinks among consumers.
- Rising demand for healthy and nutritious beverages among health-conscious consumers.
- Growing popularity of fortified and functional beverages among health-conscious consumers.
- increasing disposable income of consumers in developing countries, which is helping to boost the demand for vitamin drinks market globally 5 Increasing trend of consuming ready-to-drink (RTD) vitamin drinks due to their convenience and portability
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin Drinks Market Research Report
By Type
Carbonated Drink, Noncarbonated Drink
By Application
Energy Refuel, Normal Drink, Other
By Companies
Red Bull, Krating Daeng, Danone, Coca-Cola Company, Nongfu Spring, PepsiCo, Eastroc Beverage, Nestle, Red Bull
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin Drinks Market Report Segments:
The global Vitamin Drinks market is segmented on the basis of:
Types
Carbonated Drink, Noncarbonated Drink
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
Energy Refuel, Normal Drink, Other
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:
- Red Bull
- Krating Daeng
- Danone
- Coca-Cola Company
- Nongfu Spring
- PepsiCo
- Eastroc Beverage
- Nestle
- Red Bull
Highlights of The Vitamin Drinks 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:
- Carbonated Drink
- Noncarbonated Drink
- By Application:
- Energy Refuel
- Normal Drink
- Other
- 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 Vitamin Drinks 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?
Vitamin drinks are beverages that contain vitamins and minerals. They can be consumed as part of a healthy diet or as a supplement to help meet the needs of specific nutrients.
Some of the major companies in the vitamin drinks market are Red Bull, Krating Daeng, Danone, Coca-Cola Company, Nongfu Spring, PepsiCo, Eastroc Beverage, Nestle, Red Bull.
The vitamin drinks market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitamin Drinks 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 Vitamin Drinks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitamin Drinks 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 Vitamin Drinks 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 Vitamin Drinks Market Size & Forecast, 2020-2028
4.5.1 Vitamin Drinks Market Size and Y-o-Y Growth
4.5.2 Vitamin Drinks 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 Carbonated Drink
5.2.2 Noncarbonated Drink
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 Energy Refuel
6.2.2 Normal Drink
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin Drinks 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 Vitamin Drinks 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 Carbonated Drink
9.6.2 Noncarbonated Drink
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 Energy Refuel
9.10.2 Normal Drink
9.10.3 Other
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 Carbonated Drink
10.6.2 Noncarbonated Drink
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 Energy Refuel
10.10.2 Normal Drink
10.10.3 Other
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 Carbonated Drink
11.6.2 Noncarbonated Drink
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 Energy Refuel
11.10.2 Normal Drink
11.10.3 Other
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 Carbonated Drink
12.6.2 Noncarbonated Drink
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 Energy Refuel
12.10.2 Normal Drink
12.10.3 Other
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 Carbonated Drink
13.6.2 Noncarbonated Drink
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 Energy Refuel
13.10.2 Normal Drink
13.10.3 Other
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 Vitamin Drinks Market: Competitive Dashboard
14.2 Global Vitamin Drinks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Red Bull
14.3.2 Krating Daeng
14.3.3 Danone
14.3.4 Coca-Cola Company
14.3.5 Nongfu Spring
14.3.6 PepsiCo
14.3.7 Eastroc Beverage
14.3.8 Nestle
14.3.9 Red Bull
