Global Beverage Industry Research
Products manufactured by the beverage industry include: bottled water,juice,sparkling and still drinks,syrups,nectars,ready-to-drink and regular teas and coffees,dairy drinks,energy drinks,sports drinks,fruit powders,and alcoholic drinks such as beer,wine,cider and spirits.
As beverage manufacturers increase production speed and output,which also lowers costs,the industry continues to become increasingly streamlined and efficient,favoring its expansion.
Beverage Business Key Market Products
Theworld beer market,which includes flavoredalcoholic drinksand cider,generated sales worth more than $566.6 billion in 2015,according to Allied Market Research.Market growth is expected to remain steady at a yearly rate of around 6% through 2020,bringing market value close to $688.4 billion by 2020.
Whiskey leads the global spirits market,representing almost 27% of the overall market.The EU holds close to half the global spirits market,on which Diageo is the top company with over 5% market share.
Theworld fruit and vegetable juice market is expected,in the short-term,to recover following the global financial crisis,partly thanks to particularly dynamic segments such a fortified juices and natural juices.These healthier products,along with regular fruit and vegetable juices,are proving popular with increasingly health-conscious consumers.
Natural beverages,made without preservatives or additives,are leading the fruit and vegetable juice market.Companies are adapting to consumer demands by using organic ingredients and fortifying their products with ingredients such as fibers,probiotics,sterols,vitamins and minerals.Diet drinks constitute another dynamic market segment meeting the demand created by consumers concerned by health issues such as diabetes and obesity.Leading players on the market include Del Monte Foods,Minute Maid,Ocean Spray,Cadbury and Tropicana.
Theworld market for soft drinks is lead by carbonates,which represents over 40% of the overall market.