Lucintel Forecasts Instant Beverage Premix Market to Reach $XX Billion by 2028

Category: Business

According to the recent study the instant beverage premix market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 7% from 2023 to 2028. Growth in this market is primarily driven by changing lifestyle leading to consumer inclination towards instant/ready-to-cook beverages, high demand for convenient drinks from corporate consumers, growing awareness of the health benefits of instant premixes, such as boost, in the body’s metabolism, increase in hydration level, and enhanced brain functionality. Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in instant beverage premix market by product type (instant coffee, instant tea, instant milk, instant health drink, instant soup, and others), function (basic and flavored), form type (powder, paste, and granular), distribution channel (supermarket and hypermarket, specialty store, online retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World). Download sample report by clicking on below link https://www.lucintel.com/instant-beverage-premix-market.aspx “Instant coffee market is expected to remain the largest segment during the forecast period.” Based on product type, the instant beverage premix market is segmented into instant coffee, instant tea, instant milk, instant health drink, instant soup, and others. Lucintel forecasts that the instant coffee market is expected to remain the largest segment due to the the rising consumption of coffee owing to its flavour and numerous health advantages, such as lowering the risk of heart attack. “Within the instant beverage premix market, the online retail segment is expected to remain the largest distribution channel” Based on distribution channel the online retail segment is expected to witness the highest growth over the forecast period due to the convenience of buying through the online distribution channel, availability of a wide choice of purchasing at one platform, and fast servicing offered by many online commerce platforms. “Asia pacific will dominate the instant beverage premix market in near future” Asia Pacific is expected to witness the highest growth during the forecast period due to the increasing demand for ready-to-eat foods products, such as beverages, expansion of major market players in the region, and rising need for instant beverage premixes from corporate cafeterias in the region. Download Brochure of this report by clicking on https://www.lucintel.com/instant-beverage-premix-market.aspx Major players of instant beverage premix market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Republic of Tea Inc., Dunkin Group, Inc., Suntory Beverage & Food Limited, Ito En Ltd., Monster Beverage Corporation, and Pepsi Co, Inc. are among the major instant beverage premix providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/instant-beverage-premix-market.aspx or helpdesk@lucintel.com