According to the report published by the Market Research Store, global demand for the Adaptogenic Beverages market was estimated at approximately USD 1,200.6 Million in 2020 and is expected to generate revenue of around USD 3,060.2 Million by end of 2026, growing at a CAGR of around 9.2% between 2021 and 2026.
Adaptogenic Beverages Market: Overview
Adaptogens is a special group of non-toxic substance or plant extract which help out the body adapt to stress and have newly observed a gradual growth in demand. Industrialists in the food manufacturing industry are exploring the possible use of adaptogenic herbs as food and beverage ingredients due to the worldwide consumers' choice changing towards such food products which is full of ingredients to reduce stress and make better immunity. The increasing popularity of adaptogens has brought on a variety of beverages that achieve to develop both mental and body function.
While multiple brands are achieving usual attention out there using adaptogens, the foodservice outlet is also testing with these useful ingredients. Moreover, the adaptogen herbs such as holy basil and maca have been used for ages in various medicinal traditions, brewed into teas, sometimes consumed as supplements as well as taken as a part of the meal. Presently, these herbs are originated in expanding list of powders, tea, and drinks which is likely to boost the market growth of adaptogenic beverages.
| REPORT SNAPSHOT & REPORTING DATA TIMEFRAME | |
|---|---|
| Parameter | Details |
| Historical Date ( Actual Data) | 2016 - 2020 |
| Base Year Data | 2020 |
| Current Year Data | 2021 |
| Projected Data | 2021 - 2026 |
Adaptogenic Beverages Market: Growth Factor
Leading companies together with small companies in the beverage field are extensively contributing to its evolution, though the adaptogenic beverages market is however at the normal stage. For example, Starbucks started the Latte drink mixed with turmeric which was called ‘Golden Milk’, in London, in August 2017. Due to such collection of drinks that are healthy and beneficial related with adaptogens, beverage industrialist is adopting them as a leading element in their products. Also, numerous manufacturing companies are gaining this idea to a whole new level by the usage of powder packets and tins of adaptogenic herbs which then can be combined for suitable drinks. Moreover, the adaptogenic beverages meet up to the needs for several forms of nutritious food and personal care which gives importance to health. These significant factors are likely to give growth opportunities in the adaptogenic beverages market.
Many manufacturers are trying innovative ways in beverages instead of food using adaptogens such as ready-to-drink and meal replacement beverages. Increasing demand for adaptogenic in the beverage industry is likely to drive the market growth of adaptogenic beverages.
Adaptogenic Beverages Market: Segmentation
On the basis of market segmentation, the adaptogenic beverages market is classified into ingredients and distribution channels. Based on the ingredients, the market is divided into Mushrooms, Ashwagandha, Maca, Holy Basil, and Lavender. The market of adaptogenic beverages based on the distribution channel is separated into Health & Beauty Stores, Modern Trade Channel, Online Retailers, and Other Retail Formats.
Adaptogenic Beverages Market: Regional Analysis
In terms of revenue, North America is expected to have the largest market share which is likely to stimulate the market growth of adaptogenic beverages. Also, Asia-Pacific and Europe are estimated to maintain their strong position in the market during the forthcoming years.
Adaptogenic Beverages Market: Competitive Players
Some of the major industries in the adaptogens market are Organic India, Xi’an Yuensun Biological Technology Co., Ltd., Amax NutraSource, Inc., REBBL, Nutra Industries Inc., MB-Holding GmbH & Co. KG, Changsha Organic Herb Inc., Inc., Xi’an Greena Biotech Co. Ltd., Inc, NutraCap Labs, and PLT Health Solutions.
For example, Xi’an Yuensun Biological Technology Co., Ltd., with a popular brand of “YESHERB” is an innovative hi-tech enterprise devoted to R&D, production, and sales in the plant extracts industry focusing on the production of plant extracts, fruit powder, vegetable powder, mushroom extract, superfoods, and efficient herbal formula solutions research. As a top natural plant extracts company in China, YESHERB produces more than 100 kinds of single herbal extracts and herbal formulas which are suitable for digestive system health.
Global Adaptogenic Beverages Market: By Ingredients
Global Adaptogenic Beverages Market: By Distribution Channel
Global Adaptogenic Beverages Market: Regional Segmentation Analysis
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Frequently Asked Questions
What are the key factors driving global adaptogenic beverages market expansion?
Increasing demand of adaptogenic in the beverage industry is likely to drive the market growth of adaptogenic beverages.
What will be the value of adaptogenic beverages market during 2021- 2026?
Adaptogenic Beverages market was estimated at approximately USD 1,200.6 Million in 2020 and is expected to generate revenue of around USD 3,060.2 Million by end of 2026, growing at a CAGR of around 9.2% between 2021 and 2026.
Which region will make notable contributions towards global adaptogenic beverages market revenue?
In terms of revenue, North America is expected to have the largest market share which is likely to stimulate the market growth of adaptogenic beverages.
What are the key players leveraging adaptogenic beverages market growth?
Some of the major industries in the adaptogens market are Organic India, Xi’an Yuensun Biological Technology Co., Ltd., Amax NutraSource, Inc., REBBL, Nutra Industries Inc., MB-Holding GmbH & Co. KG, Changsha Organic Herb Inc., Inc., Xi’an Greena Biotech Co. Ltd., Inc, NutraCap Labs, and PLT Health Solutions.
Adaptogenic Beverages
Adaptogenic Beverages
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