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Global Beverage Premix Market

Beverage Premix Market Size, Share & Trends Analysis Report By Form (Paste, Powder, Granules, Liquid), By Type (Tea Premix, Coffee Premix, Soup Premix, milk-Based Premix, Others), By Distribution Channel, By Region, And by Segment Forecasts, 2024-2031

Report ID : 1462 | Published : 2024-02-15 | Pages: 180 | Format: PDF/EXCEL

The Beverage Premix Market Size is valued at USD 61.64 Billion in 2023 and is predicted to reach USD 103.75 Billion by the year 2031 at a 6.94 % CAGR during the forecast period for 2024-2031.

Key Industry Insights & Findings from the Report:

  • The beverage premix market was witnessing significant growth due to increasing consumer demand for convenience and ready-to-drink products.
  • The market was driven by factors such as busy lifestyles, the rising popularity of specialty and functional beverages, and their convenience in terms of quick preparation.
  • North America dominated the market and accounted for a revenue share of global revenue in 2023.
  • Beverage premixes, which are pre-blended powdered formulations used to create various beverages, have gained popularity worldwide.

beverage premix

Premixed beverages are gaining popularity among fitness enthusiasts because they save time creating energy drinks from scratch. People are becoming more health concerned and drinking more beverages like protein shakes and energy drinks. One of the primary drivers cited is rising consumer health consciousness, predicted to stimulate demand for instant beverage premix in developing countries.

The growing working population and increasing demand for handy drinks will likely fuel market expansion. Furthermore, convenient packaging and long shelf life are two additional elements that are likely to drive growth. Factors such as rising disposable income, a hectic lifestyle, and a demanding work schedule are projected to fuel demand for instant beverage premix over the projection period. Customers are increasingly inclined to consume health-oriented beverages, such as instant premix, considered necessary items.

The market is expected to rise significantly in the following years due to increased demand for ready-to-drink beverages from business spaces and airports, among other places. Additionally, the rising availability of various nutrition drink premixes and the growing health consciousness among consumers are factors pushing individuals to drink at home rather than in restaurants and cafés. This aspect is expected to boost product demand shortly.

Market Segmentation:

The beverage premix market is segmented on the form, type and distribution channel. Based on form, the market is segmented into paste, powder, granule and liquid. Based on type, the beverage premix market is segmented into tea premix (ginger tea premix, lemon tea premix, mixed spices tea premix, cardamom tea premix, others), coffee premix (cappuccino premix, latte premix, choco mocha premix, others), soup premix (sweet corn premix, tomato soup premix, man chow soup mix, mix vegetables soup premix, others), healthy drinks (premix, fruit juices premix, vegetable juices premix, milk-based premix, rose premix, saffron almond premix, choco milk premix, others), alcoholic beverages (bloody mary, pina colada, margarita, cosmopolitan, mojito, others) and others. Based on distribution channels, the market is segmented into hypermarkets & supermarkets, convenience stores, online channels, speciality stores and others.

Based on form, the paste segment is accounted as a major contributor to the Beverage premix market

The paste segment is anticipated to hold the highest share of the market during the forecast period. Beverage premix pastes are more convenient to store and use and have a longer shelf life, and many clients are learning about the advantages of using these pastes. Instant coffee manufacturers, for example, have drawn inspiration from Algona coffee to create instant coffee pastes. This combination will save customers time when preparing coffee from scratch while simultaneously providing them with the benefits of instant coffee.

The coffee premix witnessed growth at a rapid rate

Coffee premix grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the expected time. Because they contain caffeine and have an enticing taste and aromatizing aroma, instant coffee premixes are widely used in corporate cafeterias and Quick Service Restaurants (QSR). Because of the increased use of instant coffee premixes in corporate settings, the instant coffee premix category has become one of the most appealing investment prospects.

The North American beverage premix market holds a significant revenue share in the region

The North American beverage premix market is expected to register the highest market share in revenue soon. The United States is the leading revenue contributor in the region. The widespread presence of corporate offices and the increasing need for instant beverage premixes from corporate cafeterias are the primary drivers of product demand in North American countries. In addition, Asia Pacific is projected to grow rapidly in the global beverage premix market. Because of the growing popularity of millennials in developing economies such as China and India To be competitive, businesses are focused on R&D investments to retain taste and extend the shelf life of their products. Over the projected period, these factors are expected to broaden the scope of expansion for the instant beverage premix market.

Recent Developments:

  • In Oct 2023, A global partnership between The Coca-Cola Company and Pernod Ricard has been established in order to introduce Absolut Vodka & Sprite in 2024 as a ready-to-drink pre-mixed cocktail. Absolut & Sprite will be formulated using Absolut, a globally renowned premium vodka, and Sprite, the preeminent lemon-lime carbonated soft drink in the world. Sprite and Sprite Zero Sugar variants of the pre-mixed cocktail are anticipated to be available. It is anticipated that the initial release of this product will occur in early 2024 in select European countries, including Germany, the United Kingdom, the Netherlands, and Spain.
  • In Sept2021, Insta-Brew has introduced its newest product, single-serving coffee capsules. InstaBrew combines convenience with the utmost quality of all-natural ingredients. Each cube offers the most robust taste profile in the market and is delicately sweetened with natural, unrefined raw sugar cane. It is clear that InstaBrew is the future of delightful, handmade coffee and tea. The coffee cubes are crafted only from freshly brewed Colombian coffee, ensuring the incorporation of innovative methods while maintaining a straightforward approach to enhance your coffee experience.

 

Competitive Landscape:

Some major key players in the Beverage Premix Market:

  • Mondelez International, Inc.,
  • The Coca-Cola Co.,
  • Panama Foods,
  • Neel Beverages Pvt Ltd.,
  • Tweak Beverages,
  • Om Sai Foods,
  • Ito En Inc.,
  • Nestlé,
  • Unilever,
  • Wagh Bakri,
  • CCL Products Ltd,
  • Girnar

Beverage Premix Market Report Scope:

Report Attribute

Specifications

Market size value in 2023

USD 61.64 Billion

Revenue forecast in 2031

USD 103.75 Billion

Growth rate CAGR

CAGR of 6.94 % from 2024 to 2031

Quantitative units

Representation of revenue in US$ Million and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments covered

Form, Type, Distributioin Channel

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Mondelez International, Inc., The Coca-Cola Co., Panama Foods, Neel Beverages Pvt Ltd., Tweak Beverages, Om Sai Foods, Ito En Inc., Nestlé, Unilever, Wagh Bakri, CCL Products Ltd, Girnar, and many others.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

Explore pricing alternatives that are customized to your particular study requirements. 

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Beverage Premix Market Snapshot

Chapter 4. Global Beverage Premix Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Form Estimates & Trend Analysis

5.1. by Form & Market Share, 2019 & 2031

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Form:

5.2.1. Paste

5.2.2. Powder

5.2.3. Granules

5.2.4. Liquid

Chapter 6. Market Segmentation 2: by Type Estimates & Trend Analysis

6.1. by Type & Market Share, 2019 & 2031

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:

6.2.1. Tea premix

6.2.1.1. Ginger tea premix

6.2.1.2. Lemon tea premix

6.2.1.3. Mixed spices tea premix

6.2.1.4. Cardamom tea premix

6.2.1.5. Others

6.2.2. Coffee premix

6.2.2.1. Cappuccino premix

6.2.2.2. Latte premix

6.2.2.3. Choco mocha premix

6.2.2.4. Others

6.2.3. Soup premix

6.2.3.1. Sweet corn premix

6.2.3.2. Tomato soup premix

6.2.3.3. Manchow soup mix

6.2.3.4. Mix vegetables soup premix

6.2.3.5. Others

6.2.4. Healthy drinks premix

6.2.4.1. Fruit juices premix

6.2.4.2. Vegetable juices premix

6.2.5. Milk based premix

6.2.5.1. Rose premix

6.2.5.2. Saffron almond premix

6.2.5.3. Choco milk premix

6.2.5.4. Others

6.2.6. Alcoholic beverages

6.2.6.1. Bloody Mary

6.2.6.2. Pina Colada

6.2.6.3. Margarita

6.2.6.4. Cosmopolitan

6.2.6.5. Mojito

6.2.6.6. Others

6.2.7. Others

Chapter 7. Market Segmentation 3: by Distribution Channel Estimates & Trend Analysis

7.1. by Distribution Channel & Market Share, 2019 & 2031

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Distribution Channel:

7.2.1. Hypermarket & supermarket

7.2.2. Convenience stores

7.2.3. Online channels

7.2.4. Specialty stores

7.2.5. Others

Chapter 8. Beverage Premix Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Form, 2024-2031

8.1.2. North America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031

8.1.3. North America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2024-2031

8.1.4. North America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031

8.2. Europe

8.2.1. Europe Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Form, 2024-2031

8.2.2. Europe Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031

8.2.3. Europe Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2024-2031

8.2.4. Europe Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031

8.3. Asia Pacific

8.3.1. Asia Pacific Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Form, 2024-2031

8.3.2. Asia Pacific Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031

8.3.3. Asia-Pacific Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2024-2031

8.3.4. Asia Pacific Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031

8.4. Latin America

8.4.1. Latin America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Form, 2024-2031

8.4.2. Latin America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031

8.4.3. Latin America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2024-2031

8.4.4. Latin America Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031

8.5. Middle East & Africa

8.5.1. Middle East & Africa Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Form, 2024-2031

8.5.2. Middle East & Africa Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031

8.5.3. Middle East & Africa Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2024-2031

8.5.4. Middle East & Africa Beverage Premix Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Mondelez International, Inc.

9.2.2. The Coca-Cola Co

9.2.3. Panama Foods

9.2.4. Neel Beverages Pvt Ltd

9.2.5. Tweak Beverages

9.2.6. Om Sai Foods

9.2.7. Ito End Inc

9.2.8. Nestlé

9.2.9. Unilever

9.2.10. Waugh Bakri

9.2.11. CCL Products Ltd

9.2.12. Garner

9.2.13. Other Prominent Players

Beverage Premix Market Segmentation

By Form

  • Paste
  • Powder
  • Granules
  • Liquid

beverage premix

By Type

  • Tea premix
    • Ginger tea premix
    • Lemon tea premix
    • Mixed spices tea premix
    • Cardamom tea premix
    • Others
  • Coffee premix
    • Cappuccino premix
    • Latte premix
    • Choco mocha premix
    • Others
  • Soup premix
    • Sweet corn premix
    • Tomato soup premix
    • Manchow soup mix
    • Mix vegetables soup premix
    • Others
  • Healthy drinks premix
    • Fruit juices premix
    • Vegetable juices premix
    • Milk based premix
    • Rose premix
    • Saffron almond premix
    • Choco milk premix
    • Others
  • Alcoholic beverages
    • Bloody Mary
    • Pina Colada
    • Margarita
    • Cosmopolitan
    • Mojito
    • Others
  • Others

By Distribution Channel

  • Hypermarket & supermarket
  • Convenience stores
  • Online channels
  • Specialty stores
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Beverage Premix Market?

Beverage Premix Market expected to grow at 6.94 % CAGR during the forecast period for 2024-2031

Mondelez International, Inc., The Coca-Cola Co., Panama Foods, Neel Beverages Pvt Ltd., Tweak Beverages, Om Sai Foods, Ito En Inc., Nestlé, Unilever,

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