Herbal Beverages Market
Herbal Beverages Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0244
Segments Covered
By
Type Herbal Tea, Healthcare Drink, Sports Drink, Others
-
By
Application Normal Drinking, Functional Drinking, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.56 Billion |
 Revenue 2028:
|
2.45 billion |
 Revenue CAGR
(2021 - 2028): |
5.1 |
Fastest Growing Region (2022 -
2028)
|
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
The report delivers an acute breakdown of the
market based on various segments such as Type, Application,
and Region. All the segments are studied considering historical and future
trends across geographies. All the segments are analyzed based on trends,
market size, and forecast, and the data is provided for the years 2016–2028.
Several growth factors and opportunities impacting various segments have been
incorporated in the report. On the basis of Type,
the market is divided into Herbal Tea, Healthcare Drink, Sports Drink, Others. Herbal Tea held the largest
share in 2020 and is projected to grow at a noteworthy CAGR within the forecast
period.
Based on Application,
the market is divided into Normal Drinking, Functional Drinking , Others. Normal Drinking attributed to
the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Herbal Beverages Market: Type Segment Analysis
-
- Herbal Tea
- Healthcare Drink
- Sports Drink
- Others
Global Herbal Beverages Market: Application Segment Analysis
-
- Normal Drinking
- Functional Drinking
- Others
FAQ
Frequently Asked Question
What is the global demand for Herbal Beverages in terms of revenue?
-
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?
-
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?
-
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?
-
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?
-
Asia Pacific was the leading regional segment of the Herbal Beverages in 2020.
