Vitamin drink is a beverage brand. It is often sweetened with sugar and contains extra vitamins and minerals. Fresh orange juice, arguably the most popular juice on the market, is one of the healthiest beverages available. Everyone knows it's high in vitamin C, but most people do not realise it is high in potassium and thiamin, as well as calcium and vitamin D if it's fortified.
COVID-19 Impact Analysis
- The corporate world was thrown into disarray when the coronavirus became a global pandemic, and the food and beverage industry was no exception. People are no longer searching out the same beverages they were just a few months ago when they begin to reintegrate into society after several months of lockdown.
- Consumers are thinking much more carefully about what – and where – they drink now that health is at the forefront of most people's minds. Similarly, with all bars and restaurants closed for months at a time, many people have grown accustomed to enjoying high-end food and drink from the comfort of their own homes.
- Rather than being passing fads, I believe they are indicators of new consumer behaviors that will only become more established as the effect of the coronavirus grows.
- COVID-19 has made us think twice about our own health and the wellbeing of those we love. Aside from the coronavirus-fueled boost in demand for vitamin-rich juices, consumer demand for healthier, less-artificial beverages will continue to rise.
- Cracker Drinks has always made its handmade beverages with just natural ingredients and fresh fruit. But it's only been in the last few years (and even months) that this has become a major consumer demand.
Top Impacting Factors
- Due to growing worries about the impact of environmental considerations on the total lifetime of end products, the Vitamin Drinks market has seen tremendous expansion.
- Furthermore, for the leading competitors in the Vitamin Drinks market, research and development efforts provide a significant market opportunity. Higher Vitamin Drinks price, on the other hand, is expected to stifle the market's overall growth throughout the projection period.
Market Trends
Increased Consumption of Packaged Soft Drinks –
- A variety of variables, such as rising disposable incomes and increased health awareness, are driving up demand for non-carbonated beverages. As a result of this expansion, industry participants are able to focus more on health and energy drinks, which is propelling the energy drink market. Consumers have increasingly chosen naturally healthy, packaged meals and beverages, particularly those associated with fortified/functional, organic, or better-for-you items, as these are thought to provide important natural nourishment.
The Largest Market is still Convenience Stores.
- When compared to supermarkets and hypermarkets, convenience businesses demand less capital. The number of convenience stores in India is larger due to the minimal capital required. As energy drinks are more expensive than other soft drinks and carbonated drinks, and despite the fact that consumers are aware of the health advantages connected with their usage, sales by volume are not high.
Key Benefits of the Report
- This study presents the analytical depiction of the vitamins drink industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the vitamins drink market share.
- The current market is quantitatively analyzed to highlight the vitamins drink market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed vitamins drink market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Report
- Which are the leading players active in the ‘vitamins drink market’?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is “vitamins drink market” prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the "vitamins drink market"?
Key Market Segments
- By Ingredient
- Vitamin B
- Vitamin C
- Vitamin D
- Blend
- Others
- By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Others
- By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Nestle
- KratingDaeng
- RedBull China
- Danone
- Red Bull GmbH
- PepsiCo
- Coca-Cola Company
- Eastroc Beverage
- Nongfu Spring