Published By : 11 Jan 2016 | Published By : QYRESEARCH
The instant beverage market, by product type, is segmented into instant milk, instant tea, instant coffee, soup, instant health drinks, and others. Increasing health awareness and busy lifestyle of people are driving the global instant beverage premix market. Moreover, the demand for instant beverages is more among the youth and the working class. As the leading players are adding a wide variety of products to their portfolios, the global instant beverage premix market is expected to develop rapidly in the years to come. Factors such as easy available of instant beverages in various shops and supermarket are expected to further propel the global market for instant beverage premix market in the coming few years.
Many websites such as Amazon, Wal-Mart, and eBay sell a wide variety of instant beverages. Asia Pacific is predicted to generate the highest demand for instant beverages in the years to come. Market players such as The Coca-Cola Company, Suntory Beverage & Food Ltd., and The Republic of Tea, Inc. are focusing on introducing new instant beverage products in the global market to fulfill the changing needs of the buyers. Increasing geographical arena for the instant beverage premix products is another major factor driving the global market for instant beverage premix.
Instant beverage premix products are sold through various channels such as online stores, supermarket, and convenience stores. Entry of alternate products to instant beverage premix, at affordable rates, is a challenge for the global instant beverage premix market in the near future. Also, the concept of instance beverage premix is still new to the consumers, leading to its slow growth. However, increasing adoption of instant beverage premix products is expected in the coming few years. Manufacturers of instant beverage premix products are largely contributing towards the growth of the global market by focusing on investments in every stage of product development.
Many countries from across the globe are contributing towards the growth of the global instant beverage premix market. Growing demand for instant beverage premix products in countries from the Rest of the World region is further expected to propel the market.