(Entertainment-NewsWire.com, January 19, 2018 ) 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.
Scope of the report 1. Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
2. Segment-level analysis in terms type and Demographic Consumption along with market size forecasts and estimations to detect key areas of industry growth in detail
3. Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
4. Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
5. Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
6. A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
7. Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
8. An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
9. Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
