A new market research report by Transparency Market Research talks about the growth prospects and challenges of the global market for beverage ingredients. The research study, titled “Beverage Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” also includes the historical data and future statistics of this market to guide the players in formulating their business strategies effectively.

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Beverages are considered as a vital part of a balanced diet and are essential for leading a healthy life. Different types of beverages are consumed at regular intervals in order to quench thirst, provide energy, and keep the body hydrated. The major ingredients in non-alcoholic beverages include caffeine, high fructose corn syrup, and low-calorie sweeteners. However, in recent years, consumers’ choice for beverages is no longer limited to refreshment, but is influenced by several other factors such as wellbeing. As a result, the global beverage market is emphasizing on specific ingredients to fulfill the demands of the consumers. Among the different types of beverages, tea is one of the most extensively consumed beverages across the globe.

The increasing number of food chains across the globe where beverages are served to consumers is one of the major factors driving the global beverage ingredients market. In addition, the increase in the youth population globally and increasing participation in sports are the other factors expected to augment the growth of the market in the next few years. The introduction of innovative beverages is one of the greatest opportunities for market players, which will help in attracting new consumers, resulting in the rapid growth of the global beverage ingredients market. However, the increasing health consciousness among consumers is the factor hampering the growth of conventional products in the beverage ingredients market.

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The research study has divided the global beverage ingredients market on the basis of geography into Asia Pacific, North America, Europe, and Rest of the World. At present, the North America market dominates the overall beverage ingredients market, followed by Europe and Asia Pacific. Low temperatures encouraging the consumption of hot beverages is one of the major factors for the rapid growth of the North America market. On the other hand, China and India are considered as high-potential markets for beverage ingredients in terms of price competitiveness as well as expansion.

Furthermore, the research report covers the vendor analysis and competitive scenario of the global beverage ingredients market, including company profiles, inception details, contact information, financial overview, SWOT analysis, and recent events of the top companies. Some of the major players operating in the global market for beverage ingredients are Monsanto Company Inc., Kraft Foods Inc., PepsiCo, GlaxoSmithKline, Anheuser-Busch InBev, Coca-Cola, and Red Bull GmbH.