(Entertainment-NewsWire.com, October 17, 2017 ) According to the report North America Beauty Drinks Market, published by Market Data Forecast, the Market was worth USD 169 million in 2016 and estimated to be growing at a CAGR of 10.76%, to reach USD 281.71 million by 2021. North America is the second largest region for beauty drinks market.
Beauty drinks help maintain the natural beauty through the battle against ageing. Beauty drink is a general term that comprises of all types of drinks that enclose beauty benefiting antioxidants, vitamins, amino acids and minerals. Novel products with antioxidants have also been effective in delaying the early marks of ageing. Among these, collagen protein based products have been manufactured broadly constituting a large part of the total product variety.
The increase in quick aging is the major driver of the growth of this market. The growing air pollution and stressful routine of the current day customers frequently result in early ageing. The increasing inclination towards herbal centered beauty drinks is anticipated to boost the market growth during the forecast period. As a result of the better health awareness, customers observe chemical based drinks to be unsafe to one's health leading producers to develop organic beauty drinks. Slow result providing nature of these drinks is acting as a key restraint for the market.
North America market for Beauty Drinks is segmented by product type into Anti-Ageing, Radiance, Detoxicating and Vitality. Based on Ingredients type the market is segregated into Vitamins and Minerals, Fruit Extracts, Coenzymes and Proteins. By Demographic Consumption Type, the bifurcation is amongst Teenager, Younger Women and Mature Women. Geographically the market is segmented into USA and Canada. USA is the leading market in this region due to high awareness in the developed countries and Canada is estimated to grow at highest rate in the forecast period.
Key players that operate in the global beauty drinks market are DyDo Drin Co., Big Quark LLC, SIPA spa, Sappe Public Company Limited, The Coca-Cola Company Inc. and Nestlé S.A. Several firms functioning in the global beauty drinks markets are endlessly introducing new types of beauty drinks used for diverse target customer and applications.
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