Market Definition: Nutritional Beverages Market
The Global Nutritional Beverages Market is expected to reach USD 7.23 billion by 2026, growing at a CAGR of 8.0% during the forecast period of 2019 to 2026.
The market report focuses on current market status, regional, national and international level market and in-depth study report that offers granular analysis of the market share, manufacturers, product type, applications, technological advancement, and geographic regions. Market basic factors covered in this report includes: Market overview, definitions, and classifications, and industry chain overview. The report predicts future market orientation for the forecast period from 2019 to 2026 with the help of past and current market values.
The nutritional beverages are non-alcoholic drinks that help in keeping one’s body hydrated and provide overall nutritional benefits. These fortified drinks prevent or helps in addressing health issues across all age groups. They have strengthening ingredients ranging from herbs, vitamins, minerals and amino acids to additional raw fruits and vegetables.
Finally, the report features business strategy of industry key players along with their strengths and weaknesses. Various regulatory organizations were used as a data sources during the report development. The report was prepared using exclusive research on built up and developing market players. The report helps the consumer and other firms by providing a comprehensive examination using which they can organize a full-fledged plan for the upcoming period.
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Key Market Competitors: Nutritional Beverages Market
Few of the major competitors are Chr. Hansen Holding, SGS S.A., Intertek Group PLC, Eurofins Scientific SE, Bureau Veritas S.A., ALS Ltd, Mérieux Nutrisciences Corporation, Thermo Fisher Scientific, Inc., Asurequality Ltd., TUV Nord Group, DTS Food Laboratories, Qiagen Inc., Covance Inc., NeoMed, B. Braun Melsungen AG, Danone, Abbott Nutrition, Mead Johnson Nutrition Co., Nestle, Nutricia, and Baxter International, Inc. PepsiCo, Inc., Nestlé, Kraft Foods, General Mills, Campbell Soup Co., Monster Beverage Corporation, The Coca-Cola Company and Red Bull GmbH, Archer Daniels Midland Co., DuPont Nutrition & Health, LycoRed Ltd., Fortitech, Inc., BASF and Nutratech, Inc. and many more.
The market research report is a ‘dashboard view’ of the organizations’ current industrial situation and their commitment to the complete market. The report essentially intended to furnish customers with a goal and nitty-gritty appraisal of key suppliers explicit to a market section. The report recognizes and assesses key contenders dependent on the top to bottom evaluation of their abilities and achievement in the industry. Key advancements in the market, for example, joint efforts, extension, mergers and acquisitions, new requests, item dispatches, and grants and acknowledgment for organizations working in the market has been included in this report.
Major Market Drivers & Restraints are as follows:
- Global implementation of nutrition labelling and claims regulations
- Growth of nutritional and dietary supplement industries has increased the demand for nutritional analysis services
- Changing consumer buying behaviour due to nutritional labelling on products.
- Lack of food control infrastructure & resources in developing countries.
- Nutritional analysis and labelling are time- and cost-consuming activities for manufacturers
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Market Segmentation: Nutritional Beverages Market
- The global nutritional beverages market is segmented based on parameter, product type, objective, and geographical segments.
- Based on parameter, the global nutritional beverages market is segmented into vitamin profile, mineral profile, fat profile, moisture, proteins, total dietary fibre, sugar profile, cholesterol, calories
- On the basis of product type, the global nutritional beverages market is classified into beverages, snacks, bakery & confectionery, meat & poultry, sauces, dressings, condiments, dairy & desserts, fruits & vegetables, edible fats & oils, baby food, and others.
- On the basis of objective, the global nutritional beverages market is classified into product labelling, new product development, regulation compliance.
- Based on geography, the global nutritional beverages market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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The global nutritional beverages market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nutritional beverages market for global, Europe, North America, Asia Pacific and South America.
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