Global Vitamin Drinks Market - Forecast(2024 - 2030)

Report Code: FBR 26773 Report Format: PDF + Excel

Global Vitamin Drinks Market Overview

Global Vitamin Drinks Market size is estimated to reach 2.1 billion by 2027, growing at a CAGR of 3.8% during the forecast period 2022-2027. Vitamin drink is a term used to demarcate beverages designed to fulfill the micronutrient requirement of the body. Vitamin drinks are a rich source of various minerals and vitamins such as ascorbic acid, D-calcium pantothenate, niacin, thiamine, cobalamin, and others. These vitamins and minerals play noteworthy use in the digestion of fats (linoleic and oleic acids) and amino acids such as valine, histidine, and tryptophan. Several artificial sweeteners like aspartame, neotame, saccharin, and sucralose are taken into account during the synthesis of some vitamin drinks which raises questions regarding the safety of such beverages. Moreover, vitamin drinks fall under two prime categories: carbonated drinks and non-carbonated drinks. The only difference between the two that separates both from each other is that carbonated drinks have CO2 which confer a sparkling taste upon consumption, whereas, the latter doesn’t have CO2 content. The global vitamin drinks market outlook is fairy astonishing owing to sky-rocketing consumption worldwide. Swift urbanization, mounting health cognizance, nutrient deficiency, broadening sports trends, and escalating disposable income are factors set to drive the growth of the Global Vitamin Drinks Market for the period 2022-2027.

Global Vitamin Drinks Market Report Coverage

The report: “Global Vitamin Drinks Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Vitamin Drinks Industry.

By Product Type: Carbonated and Noncarbonated.
By Source: Fruits, Vegetables, Dairy Items, and Others.
By Applications: Sports, Health, and Medical.
By Distribution Channel: Physical/Offline facilities and E-Commerce Platforms.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

  • Geographically, the North America Vitamin Drinks Market accounted for the highest revenue share in 2021. Furthermore, the Asia-Pacific segment is poised to dominate the market over the period 2022-2027.
  • Proliferating popularity among millennials and expanding sporting culture throughout the world is said to be a preeminent driver driving the growth of the Global Vitamin Drinks Market. Health complications associated with beverages prepared with artificial sweeteners and diminishing demand owing to the COVID-19 outbreak are said to reduce the market growth.
  • Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Vitamin Drinks Market report.

Global Vitamin Drinks Market: Market Share (%) by Region, 2021

Global Vitamin Drinks Market

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Global Vitamin Drinks Market Segment Analysis-By Product Type

The Global Vitamin Drinks Market based on the product's type can be further segmented into carbonated and noncarbonated. The carbonated segment held the largest share in 2021. The growth is owing to better taste and texture owing to the presence of carbon dioxide. Carbonated vitamin drinks extend a glittery taste and develop bubbles inside the stomach. These bubbles instigate burps which helps in instant relief from pain owing to acidity and indigestion. Even though consumption of carbonate beverages can erupt several illnesses related to bone health but ascribing to their outstanding taste which extends pleasure and bubbly sensation by prompting the pain receptors, such drinks are more desired by people. The noncarbonated segment is estimated to be the fastest-growing with a CAGR of 4.5% over the forecast period 2022-2027. This growth is owing to rising health awareness among people. Health hitches related to carbonated drinks such as irritable bowel syndrome, obesity, diabetes, and tooth decay have changed people’s preference toward CO2-induced drinks. Considering the changing dynamics, players in the market are focusing upon state-of-the-art flavor options in non-carbonated drinks which is likely to fuel the demand.

Global Vitamin Drinks Market Segment Analysis-By Distribution Channel

The Global Vitamin Drinks Market based on distribution channels can be further segmented into physical/offline facilities and e-commerce platforms. The offline segment held the largest share in 2021. The growth is owing to the wide-ranging presence of physical facilities. The problem with online purchases is delayed deliveries and people can’t even shop in bulk. Consequently, as people get the convenience of both instant purchase and bulk buying, they prefer buying offline more. Moreover, in bucolic areas, attributed to the scarcity of e-commerce facilities, most of the purchases occur through physical stores rather than online platforms. However, the online segment is estimated to be the fastest-growing segment with a CAGR of 4.2% over the forecast period 2022-2027. This growth is owing to the COVID-19 restrictions. People are left with no other option but to shop online as they are cooped up inside their homes. On another hand, year by year the size of the tech-friendly population is broadening and owing to breakthroughs in the telecom sector, people are getting all-weather access to the internet.

Global Vitamin Drinks Market Segment Analysis-By Geography

The Global Vitamin Drinks Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held the largest share with 36% of the overall market in 2021. The growth in this segment is owing to the factors such as high demand owing to the quality lifestyles of people. Owing to full-fledged economies people in North American countries enjoy high disposable incomes. Moreover, sport-loving culture has provided fairgrounds for the growth of the market. On another hand, a proper chain of top-notch retail outlets allows people to such purchases at the drop of a hat. However, the Asia-Pacific segment is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to expanding vitamin drinks industry attributed to ease of doing business in countries like India and China. Moreover, rising population, ameliorating infrastructure, and budding purchasing power are the factors ensuring a steady growth of the market.

Global Vitamin Drinks Market Drivers

Rising health awareness among people is Anticipated to Boost Product Demand

Social media has played a significant role in augmenting the overall alertness and education of people regarding various health complications. Today people don’t need to waste their time for asking an appointment with a doctor, social media has extended the liberty to establish contact with medical practitioners through the internet or read about the maladies by themselves. According to a study, 4 out of every 10 people throughout the globe suffer from digestion disorders which eventually lead to life-threatening complications like cancer, heart attack, kidney stone, and others. On another hand, a report by the World health organization claimed that more than 140 million children under the age of 5 years experienced stunted growth owing to malnutrition in 2020. Consequently, owing to heightened consciousness people in today’s world making more demand for vitamin-rich beverages.

Growing sports culture and per capita income is Expected to Boost Product Demand

The U.S. and China are well known for their extreme sporting culture. The exceptional performance of these nations speaks for the sports-friendly environment in these nations. Nevertheless, governments in other major developing countries like India are taking various progressive and visionary steps to make sports a fundamental part of the country. The Indian government is paying too much emphasis on schemes like khelo India. Furthermore, in a recently announced budget, the Indian government has raised the sports spending by 305 crores Indian rupees for FY23. Vitamin drinks are extensively consumed by sports players to regain energy and enhance their overall performance. Therefore, a sports-loving environment around the globe is likely to confer a sheer boost to the vitamin drinks market. On another hand, proliferating the disposable income of people is another factor driving the market growth.

Global Vitamin Drinks Market Challenges

Health complications owing to excessive use and hampered manufacturing activities are Anticipated to Hamper Market Growth

Excess of something is not good for anybody. There is a famed quote that goes like “Too much darkness can kill you, similarly too much of the light can make you blind.” Therefore, excess usage of carbonated vitamin drinks added with artificial sweeteners can lead to health complications like kidney problems, tooth decay, insulin resistance, and obesity which can turn many people frigid toward the consumption of such drinks. Nevertheless, manufacturers around the globe are confronting production-related hitches owing to fewer employees and hampered supply chains which can strangle the steady growth of the market.

Global Vitamin Drinks Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the report. Global Vitamin Drinks top 10 companies include:

  1. Coca-Cola
  2. Danone
  3. Red Bull
  4. PepsiCo
  5. Eastroc Beverage
  6. Krating Daeng
  7. Nongfu Spring
  8. Nestle
  9. Paleo
  10. Barracudos

Recent Developments

  • In November 2021, “Coca Cola” a renowned beverage manufacturing company based in Georgia, United States publicized that company has successfully acquired Queens, New York-based sports drink firm “Bodyarmor SuperDrink.” Coca-Cola already had bought 18% of ownership in BodyarmorSuperDrink back in 2018. Moreover, A total payment of $5.6 billion was made by a beverage giant in order to purchase controlling interest.
  • In June 2020, US-based world-famous food and beverage company PepsiCo announced the successful acquisition of Nevada, United States-based drink company “Rockstar.” In order to bring acquisition to a close PepsiCo paid around $3.86 billion to Rockstar. The transaction extends advantages and strengthens PepsiCo’s energy drink portfolio which is likely to help the company in competing with other giants in the industry such as Coca-Cola.

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1. Global Vitamin Drinks Market Overview
    1.1 Definitions and Scope
2. Global Vitamin Drinks Market - Executive Summary
3. Global Vitamin Drinks Market– Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis-Global
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Global Vitamin Drinks Market– Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Global Vitamin Drinks Market– Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index-Global
    5.3 Case Studies of Successful Ventures
6. Global Vitamin Drinks Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Text Box: 05Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Global Vitamin Drinks Market– By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Global Vitamin Drinks Market - By Product Type (Market Size –$Million/$Billion) 
    8.1 Carbonated
    8.2 Noncarbonated
9. Global Vitamin Drinks Market - By Source (Market Size –$Million/$Billion) 
    9.1 Fruits
    9.2 Vegetables
    9.3 Dairy items
    9.4 Others.
10. Global Vitamin Drinks Market – By Application (Market Size –$Million/$Billion) 
    10.1 Sports
    10.2 Health
    10.3 Medical
11. Global Vitamin Drinks Market – By Distribution Channel (Market Size –$Million/$Billion) 
    11.1 Physical/Offline facilities
    11.2 E-Commerce Platforms
12. Global Vitamin Drinks Market- By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico  
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific 
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Rest of South America
    12.5 Rest of World
        12.5.1 Middle East
        12.5.2 Africa
13. Global Vitamin Drinks Market- Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Global Vitamin Drinks Market– Industry Competition Landscape (Premium)
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Countries – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Global Vitamin Drinks Market– Key Company List by Country Premium (Premium)
16. Global Vitamin Drinks Market- Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies*"

LIST OF TABLES

1.Global Key Manufacturers Market 2019-2024 ($M)
1.1 Red Bull GmbH Market 2019-2024 ($M) - Global Industry Research
1.2 RedBull Market 2019-2024 ($M) - Global Industry Research
1.3 Krating Daeng Market 2019-2024 ($M) - Global Industry Research
1.4 Danone Market 2019-2024 ($M) - Global Industry Research
1.5 Coca-Cola Company Market 2019-2024 ($M) - Global Industry Research
1.6 Nongfu Spring Market 2019-2024 ($M) - Global Industry Research
1.7 PepsiCo Market 2019-2024 ($M) - Global Industry Research
1.8 Eastroc Beverage Market 2019-2024 ($M) - Global Industry Research
1.9 Nestle Market 2019-2024 ($M) - Global Industry Research
2.Global By Carbonated Drink Market 2019-2024 ($M)
3.Global Market by Type Market 2019-2024 ($M)
3.1 Carbonated Drink Market 2019-2024 ($M) - Global Industry Research
3.2 Noncarbonated Drink Market 2019-2024 ($M) - Global Industry Research
4.Global Key Manufacturers Market 2019-2024 (Volume/Units)
4.1 Red Bull GmbH Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 RedBull Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Krating Daeng Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Danone Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Coca-Cola Company Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Nongfu Spring Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 PepsiCo Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 Eastroc Beverage Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 Nestle Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global By Carbonated Drink Market 2019-2024 (Volume/Units)
6.Global Market by Type Market 2019-2024 (Volume/Units)
6.1 Carbonated Drink Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Noncarbonated Drink Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Key Manufacturers Market 2019-2024 ($M)
7.1 Red Bull GmbH Market 2019-2024 ($M) - Regional Industry Research
7.2 RedBull Market 2019-2024 ($M) - Regional Industry Research
7.3 Krating Daeng Market 2019-2024 ($M) - Regional Industry Research
7.4 Danone Market 2019-2024 ($M) - Regional Industry Research
7.5 Coca-Cola Company Market 2019-2024 ($M) - Regional Industry Research
7.6 Nongfu Spring Market 2019-2024 ($M) - Regional Industry Research
7.7 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
7.8 Eastroc Beverage Market 2019-2024 ($M) - Regional Industry Research
7.9 Nestle Market 2019-2024 ($M) - Regional Industry Research
8.North America By Carbonated Drink Market 2019-2024 ($M)
9.North America Market by Type Market 2019-2024 ($M)
9.1 Carbonated Drink Market 2019-2024 ($M) - Regional Industry Research
9.2 Noncarbonated Drink Market 2019-2024 ($M) - Regional Industry Research
10.South America Key Manufacturers Market 2019-2024 ($M)
10.1 Red Bull GmbH Market 2019-2024 ($M) - Regional Industry Research
10.2 RedBull Market 2019-2024 ($M) - Regional Industry Research
10.3 Krating Daeng Market 2019-2024 ($M) - Regional Industry Research
10.4 Danone Market 2019-2024 ($M) - Regional Industry Research
10.5 Coca-Cola Company Market 2019-2024 ($M) - Regional Industry Research
10.6 Nongfu Spring Market 2019-2024 ($M) - Regional Industry Research
10.7 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
10.8 Eastroc Beverage Market 2019-2024 ($M) - Regional Industry Research
10.9 Nestle Market 2019-2024 ($M) - Regional Industry Research
11.South America By Carbonated Drink Market 2019-2024 ($M)
12.South America Market by Type Market 2019-2024 ($M)
12.1 Carbonated Drink Market 2019-2024 ($M) - Regional Industry Research
12.2 Noncarbonated Drink Market 2019-2024 ($M) - Regional Industry Research
13.Europe Key Manufacturers Market 2019-2024 ($M)
13.1 Red Bull GmbH Market 2019-2024 ($M) - Regional Industry Research
13.2 RedBull Market 2019-2024 ($M) - Regional Industry Research
13.3 Krating Daeng Market 2019-2024 ($M) - Regional Industry Research
13.4 Danone Market 2019-2024 ($M) - Regional Industry Research
13.5 Coca-Cola Company Market 2019-2024 ($M) - Regional Industry Research
13.6 Nongfu Spring Market 2019-2024 ($M) - Regional Industry Research
13.7 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
13.8 Eastroc Beverage Market 2019-2024 ($M) - Regional Industry Research
13.9 Nestle Market 2019-2024 ($M) - Regional Industry Research
14.Europe By Carbonated Drink Market 2019-2024 ($M)
15.Europe Market by Type Market 2019-2024 ($M)
15.1 Carbonated Drink Market 2019-2024 ($M) - Regional Industry Research
15.2 Noncarbonated Drink Market 2019-2024 ($M) - Regional Industry Research
16.APAC Key Manufacturers Market 2019-2024 ($M)
16.1 Red Bull GmbH Market 2019-2024 ($M) - Regional Industry Research
16.2 RedBull Market 2019-2024 ($M) - Regional Industry Research
16.3 Krating Daeng Market 2019-2024 ($M) - Regional Industry Research
16.4 Danone Market 2019-2024 ($M) - Regional Industry Research
16.5 Coca-Cola Company Market 2019-2024 ($M) - Regional Industry Research
16.6 Nongfu Spring Market 2019-2024 ($M) - Regional Industry Research
16.7 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
16.8 Eastroc Beverage Market 2019-2024 ($M) - Regional Industry Research
16.9 Nestle Market 2019-2024 ($M) - Regional Industry Research
17.APAC By Carbonated Drink Market 2019-2024 ($M)
18.APAC Market by Type Market 2019-2024 ($M)
18.1 Carbonated Drink Market 2019-2024 ($M) - Regional Industry Research
18.2 Noncarbonated Drink Market 2019-2024 ($M) - Regional Industry Research
19.MENA Key Manufacturers Market 2019-2024 ($M)
19.1 Red Bull GmbH Market 2019-2024 ($M) - Regional Industry Research
19.2 RedBull Market 2019-2024 ($M) - Regional Industry Research
19.3 Krating Daeng Market 2019-2024 ($M) - Regional Industry Research
19.4 Danone Market 2019-2024 ($M) - Regional Industry Research
19.5 Coca-Cola Company Market 2019-2024 ($M) - Regional Industry Research
19.6 Nongfu Spring Market 2019-2024 ($M) - Regional Industry Research
19.7 PepsiCo Market 2019-2024 ($M) - Regional Industry Research
19.8 Eastroc Beverage Market 2019-2024 ($M) - Regional Industry Research
19.9 Nestle Market 2019-2024 ($M) - Regional Industry Research
20.MENA By Carbonated Drink Market 2019-2024 ($M)
21.MENA Market by Type Market 2019-2024 ($M)
21.1 Carbonated Drink Market 2019-2024 ($M) - Regional Industry Research
21.2 Noncarbonated Drink Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
2.Canada Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
3.Mexico Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
4.Brazil Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
5.Argentina Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
6.Peru Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
7.Colombia Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
8.Chile Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
10.UK Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
11.Germany Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
12.France Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
13.Italy Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
14.Spain Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
16.China Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
17.India Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
18.Japan Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
19.South Korea Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
20.South Africa Global Vitamin Drinks Market Revenue, 2019-2024 ($M)
21.North America Global Vitamin Drinks By Application
22.South America Global Vitamin Drinks By Application
23.Europe Global Vitamin Drinks By Application
24.APAC Global Vitamin Drinks By Application
25.MENA Global Vitamin Drinks By Application