PUBLISHER: TechNavio | PRODUCT CODE: 1361218
PUBLISHER: TechNavio | PRODUCT CODE: 1361218
The packaged turmeric-based beverages market is forecasted to grow by USD 146.73 million during 2022-2027, accelerating at a CAGR of 4.04% during the forecast period. The report on the packaged turmeric-based beverages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness about health benefits, increase in demand for packaged turmeric-based beverages due to organized retailing, and rise in number of turmeric-based beverages product launches.
Technavio's packaged turmeric-based beverages market is segmented as below:
Market Scope | |
---|---|
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 3.22% |
CAGR | 4.04% |
Incremental Value | $146.73mn |
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the growing demand for vegan and sugar-free turmeric-based beverages as one of the prime reasons driving the packaged turmeric-based beverages market growth during the next few years. Also, rise in online retailing and increasing demand for organic turmeric-based beverages will lead to sizable demand in the market.
The report on the packaged turmeric-based beverages market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaged turmeric-based beverages market vendors that include BevNET.com Inc., Bigelow Tea, Buddha Teas, Culinary Teas, Diaspora Co., Gaia Herbs Inc., Gujarat Cooperative Milk Marketing Federation Ltd., Heavenly Tea Inc., Keliffs, Mother Dairy Fruit and Vegetable Pvt. Ltd., Numi Inc., ORGANIC India Pvt. Ltd., Rishi Tea and Botanicals, Senso Foods Pvt Ltd, SONNENTOR Krauterhandels GMBH, Starwest Botanicals.com Inc., The Lost Tea Co., The Turmeric Co., Traditional Medicinals, and Vahdam Teas Pvt. Ltd.. Also, the packaged turmeric-based beverages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: