Botanical Infused Drinks Market Forecast and CAGR
Over the projection period, global sales of botanical infused drinks are expected to expand steadily. Botanical infused drinks are in high demand due to their environmentally friendly credentials, natural flavours, and health advantages.
As more people become aware of the importance of botanicals, like increased energy and immune function, improved skin, and improved memory and concentration, the demand for beverages containing these ingredients is increasing, because of which botanical infused drink market in expected to grow significantly by 2031.
The Trend of Conscientious Living to Propel Demand of Botanical Infused Drinks
Because of their affiliation with ecological credentials, natural flavours, and health advantages, the market for botanical infused drinks is expanding in popularity. As per analysis, the clean-label movement, as well as consumers' desire to improve its general health and well-being, are driving increased interest in plant-based products like botanicals.
Botanical infused drinks have a lot of potential as more and more "better-for-you" options are added in the beverage industry, such as infused waters, fresh juices, smoothies, craft-made sodas, and lemonades. Botanicals easily complement these on-trend drinks, satisfy consumer demand, and increase profitability for manufacturers.
In botanical infused, herbs like basil and mint, floral elements like rose and lavender, and spices like ginger and turmeric are typically utilised. Hibiscus, lemongrass, lavender, ginger, and elderflower are in high demand because of their flavour and health benefits in everything like teas, coffees, cocktails, etc.
Gin is a natural fit for alcoholic botanical infused drinks. Producers are growing more adventurous with ingredients like cherry blossom, yuzu, and bergamot which are traditionally prepared with citrus and juniper herbs. Secret Garden Distillery, for example, has embraced the health trend with products like Apothecary Rose Gin and Elderflower & Jasmine Gin, both of which are produced with botanicals.
Botanicals are also being used in rum. For example, Spirited Union's range of organically flavoured rums aims to establish harmony between both the broad and vibrant universe of botanicals.
Wellness and functional beverages account for a large portion of the non-alcoholic beverage sector.
Botanicals' health benefits have also begun to be utilized by the beauty-beverage sector. Rose and rose water are gaining popularity in beauty drinks because they contain vitamins E, C, B, and A, as well as antioxidants that protect against free radical damage like accelerating the skin ageing.
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Variety in ingredients to Drive the Sales of Botanical Infused Drinks
Manufacturers are combining more botanical components to give the benefits that consumers want, such as Ginger Elderberry Tea. Increased sales of botanical infused drinks have prompted producers to blend four to five botanical components in a glass that virtually works as a "natural multivitamin," further fueling sales.
Hibiscus is the highest-selling botanical because of its brilliant crimson colour and fresh, delicate tart flavour.
The US and Canada Botanical Infused Drinks Market
Botanical substances are beneficial to the coffee industry. For most Americans and Canadians, coffee is a daily ritual. It's generally the first thing consumed in the morning, so it's the ideal vehicle for delivering healthful and beneficial ingredients. As a result, these regions provide an excellent potential for botanical infused drinks.
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Europe Demand Outlook for Botanical Infused Drinks Market
The European botanical infused drinks market is to notice a prominent growth rate during the assessment period 2021-2031.
Manufacturers are focused on flavour innovation in botanical-infused drinks, such as sakura-scented coffee blends and basil-infused beverages, among others.
Herbal teas also rank well in the European market for their usage of botanical infused drinks with health and wellness advantages, such as relaxing teas with passionflower and lavender or immune-boosting mixes with turmeric and ginger.
Botanical Infused Drinks Market: Key Players
Some key manufacturers functioning in business in Botanical infused drinks market includes
- Lotus Elixirs North America Inc.
- Botanical Lab
- Beyond Alcohol Ltd
- Three Spirit Drinks Ltd
- Green Cures & Botanical Distribution, Inc.
- Canna Cola
- Doctor Stress
- VCC Brands
- IQ Juice
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Botanical Infused Drinks Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Botanical Infused Drinks Market Segmentation:
Based on product types, the global botanical infused drinks market can be segmented as:
Based on nature, the global botanical infused drinks market can be segmented as:
Based on application, the global Botanical infused drinks market can be segmented as:
- Beauty beverage
- Infused Water
- Energy drinks
Based on the region, the global Botanical infused drinks market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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