![Herbal Beverages Market](/assets/img/reports/cover/Herbal-Beverages-Market.jpeg)
Herbal Beverages Market
Herbal Beverages Market Global Industry Assessment & Forecast
Segments Covered
By Type Herbal Tea, Healthcare Drink, Sports Drink, Others
By Application Normal Drinking, Functional Drinking, Others
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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1.56 Billion |
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2.45 billion |
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5.1 |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
What is the global demand for Herbal Beverages in terms of revenue?
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The global Herbal Beverages valued at 1.56 Billion in 2020 and is expected to reach 2.45 billion in 2028 growing at a CAGR of 5.1%.
Which are the prominent players in the market?
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The prominent players in the market are Asahi Soft Drinks, Coca-Cola, Suntory, Ting Hsin International Group, Jiaduobao Group, Dr Pepper Snapple, Kirin, Unilever Group, Danone, Nongfu Spring, Hangzhou Wahaha Group, Red Bull..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Herbal Beverages include
- Herbal Beverages fight against various diseases like cold & cough, infections, insomnia, stomach issues and Others, which is driving the growth of Herbal Beverages in the market globally.
- Herbal Beverage is a boon for cell rejuvenation and growth. It makes the tissues of the body stronger and as it is rich in anti-oxidant properties, it prevents cell damage; be it due to pollution or effect of free radicals. It is even said that herbal tea is good for lowering the aging process. These are also some of the determinants driving the market growth.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Herbal Beverages in 2020.