Beauty Drinks Market is expected to grow at the CAGR of 10.5% by Forecast to 2024

Market Overview

Key players in the Europe beauty drinks market are emphasizing to enhance their investment in product development in order to extend the product line. Additionally, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate the untapped market.

The Europe Beauty Drinks Industry is segmented into U.K., Germany, France, Spain, Italy and Rest of Europe. Among these, Germany has the major market proportion in the Europe beauty drinks market. The market is projected to grow at a high pace in the review period of 2020-2024. Also, the presence of small and local players in Western European countries is expected to propel the sales of beauty drinks in the upcoming decade. Also, the growth of beauty drinks product is attributed to the different innovations in the new launch of various new beauty drinks product over the last couple of years.

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Major Key Players

This report includes a study of strategies such as mergers and acquisitions, product launches by the major Beauty Drinks Industry players. It further includes product portfolios, developments of leading major players which includes AMC Grupo ALIMENTACIÓN, Fresco y ZUMOS, SA (Spain), Asterism Healthcare plus, Inc. (U.S.), Hangzhou Nutrition Biotechnology Co., Ltd. (China), Coca-Cola Company. (U.S.), Juice Generation (France), Groupon Inc. (U.S.) and KINOHIMITSU (Taiwan)

Key Findings

China and India is estimated to create a favorable environment for the increasing growth of Asia Pacific region

Segments

On the basis of demography, Beauty Drinks Market is segmented into teenagers, younger women, and mature women.

On the basis of ingredients type, it comprises of vitamins and minerals, fruit extracts, coenzymes, proteins and others.

Regional Analysis

The increasing consumer awareness towards anti-aging products and healthy drinks are considered to be one of the significant reasons for the rising growth of beauty drinks products in the European market. North America is estimated to account for over 25% of the market proportion during the review period. However, Asia Pacific region is estimated to witness a maximum growth in the global beauty drinks market during the forecast period 2020-2024.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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