Published By : 09 Feb 2016 | Published By : QYRESEARCH
Most of the beverages are an integral part of everyday diet and a healthy balanced life. They are sources of energy and provide adequate hydration to the body. As food and beverage companies are developing products for a wide range of consumers to cater to their growing, insatiable needs. Majority of the beverages have a high fructose corn syrup, sugar, caffeine, or low calorie sweetener. All of these ingredients result in different types of beverages to satisfying varying demand of the consumers. The most commonly consumed beverage, however, is tea.
Huge Pool of Young Population Drives Global Beverage Ingredient Market
The growing young population is the biggest factor contributing towards growth of the global beverage ingredient market. Furthermore, growing number sporting events and increasing participation in the same, rise in the number of fast food chains, and wide range of flavors is fueling the growth the global beverage ingredients market.
Low Temperature Boosts Demand for Hot Beverages
Furthermore, low temperature in most of the western countries is also leading to the consumption of beverages that only require addition of hot water, which in turn is spurring the demand for beverage ingredients in this region.
Wide Range of Tastes Spur Demand in Beverage Ingredients Market
The introduction of a variety of beverage ingredients to offer new tastes to consumers is also expected to have a positive impact on the dynamics of the global beverage ingredient market. Light beverages or sugar free beverages that are easy on the weight issues offer a huge opportunity for growth to the global beverage ingredient market.
Despite the strong growth drivers, the global beverage ingredient market is being pulled back the health conscious consumers, who prefer fresh beverages to packaged items. Furthermore, the fact that excessive consumption of caffeinated drinks that leads to insomnia and fatigue is resulting is creating a negative impact on the market. Furthermore, though zero calorie beverages seem appealing, they have an overall harmful effect on the body, which is also hampering the growth of this market.