Global Instant Beverage Premix Market Report, published by Variant Market Research, forecast that the global market was valued at $70.2 Billion in 2016 and is expected to reach $111.3 Billion by 2024, growing at a CAGR of 5.9% from 2016 to 2024. By geography, RoW and North America are expected to grow at a CAGR of 7.2% and 6.7%, respectively, during the forecast period 2016-2024.

The factors propelling the growth of global instant beverage premix market are rising disposable income, increase in concern over obesity, growing health awareness among consumers, and busy schedules of corporate customers. However, strict rules for sanction of ingredients and forged products may restrict the growth of the market. Moreover, recent advances in consumer empowerment and innovative marketing strategies have also served to make the global instant beverage premix market more competitive, further providing various growth opportunities in the coming years.

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The global Instant beverage premix market has been classified into product type and geography. Where, product type segment comprises of instant tea, instant coffee, instant health drinks, instant milk, soups, and others. Among which, the largest market share was accounted by instant coffee and is expected to dominate the market with the fastest CAGR during the forecast period 2016-2024. This is due to coffee being the most favorite beverages among end-users globally.

North America, Europe, Asia-Pacific, and Rest of the World (RoW) are the major geographical segments of the global instant beverage premix market. Asia-Pacific and Europe dominated the majority of market share with 32.9% and 27.7%, respectively. In terms of growth, Rest of the World is projected to dominate with fastest CAGR during the forecast period 2016-2024, driven by rising popularity among consumers and improving distribution channels.

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Major players in the market include Starbucks Corp., PepsiCo Inc., The Coca-Cola Company, Suntory Beverages & Food. Ltd., Dunkin’ Brands Group, Inc., Monster Beverage Company, Ajinomoto General Foods Inc., Keurig Green Mountain, Inc., The Republic of Tea, Inc, and Ito En, Ltd., among others.

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Scope of the Global Instant Beverage Premix Market

Product Segments

• Instant Coffee
• Instant Tea
• Instant Milk
• Instant Health Drinks
• Soups
• Other Products

Geography Segments

• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Others

• Asia-Pacific
o China
o Japan
o India
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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