Technavio market research analysts foresee positive growth for many segments of the non-alcoholic beverages industry in the next five years. In their recent findings, Technavio talks about three thriving markets under the non-alcoholic beverages vertical that are likely to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Carbonated Ready to Drink Tea Market 2017-2021
The global carbonated ready-to-drink tea market is anticipated to experience substantial growth during the forecast period owing to profound market advancements.
Fueled by a surge in consumer demand and intensifying competition in the market, vendors in the global carbonated ready-to-drink tea market are focusing on the development of new and innovative products. Such innovations create new business opportunities, leading to the growth of the global market. According to research analysts at Technavio, vendors are offering innovative flavors and naturally healthy drinks across the food and beverage sector to create brand awareness and enhance market shares. Request a sample report.
Global Coconut Water Market 2016-2020
The report covers the present scenario and the growth prospects of the global coconut water market over the next five years.
The global market for coconut water is currently experiencing the introduction of several new products such as coconut water-based sports drinks. Vendors in this market space are leveraging the health benefits associated with coconut water to launch new products, targeted primarily at the health-conscious consumers. Owing to increased awareness about the many benefits of consuming coconut water, vendors are also launching bottled version of the drink, which are sold by retailers such as convenience stores and supermarkets. Technavio’s market analysts have identified Coca-Cola, PepsiCo, and Vita Coco as the dominant players in the global coconut water market during the forecast period, 2016-2020. Request a sample report.
Global Instant Coffee Market 2016-2020
Technavio analysts forecast the global instant coffee market to experience steady growth during the forecast period, 2016-2020.
Market research analysts at Technavio project the global market for instant coffee to account for a revenue of almost USD 44 billion by 2020. The market’s growth is influenced primarily by the demand for a faster, effective alternative to conventional coffee preparation. Instant coffee is gaining significant traction among consumers owing to its increasing acceptance as a highly convenient and time-saving alternative to making coffee. As a result, vendors of instant coffee are focusing on enhancing their product portfolios to cater to the constantly evolving consumer preferences and keep pace with the competition in the market space. Request a sample report.
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