PUBLISHER: Value Market Research | PRODUCT CODE: 1314720
PUBLISHER: Value Market Research | PRODUCT CODE: 1314720
The global demand for Relaxation Beverages Market is presumed to reach the market size of nearly USD 1327.79 MN by 2030 from USD 397 MN in 2022 with a CAGR of 16.29% under the study period 2023 - 2030.
Relaxation beverages, also known as relaxation drinks or calming drinks, are non-alcoholic beverages formulated to promote relaxation, reduce stress, and induce a sense of calmness and tranquillity. They are specifically designed to provide a calming effect without the use of alcohol or other sedatives. These often contain a combination of natural ingredients, botanical extracts, vitamins, and minerals that are believed to have relaxation-promoting properties. These ingredients may include chamomile, lavender, valerian root, passionflower, melatonin, L-theanine, and other herbs and compounds known for their calming effects.
Increasing stress and anxiety levels in modern society have created a demand for products that help individuals relax and reduce stress, leading to the popularity of relaxation beverages. The growing focus on wellness and self-care has also played a significant role, as individuals seek products that promote relaxation and help them unwind as part of their self-care routines. There has been a noticeable shift in consumer preferences away from alcohol and towards non-alcoholic options, with relaxation beverages offering a non-alcoholic alternative for individuals looking to relax without consuming alcohol. The trend towards natural and botanical ingredients has also contributed to market growth, as consumers are drawn to the calming properties of ingredients like chamomile, lavender, and valerian root. Effective marketing strategies and product positioning, emphasizing stress relief, sleep enhancement, and relaxation promotion, have been instrumental in driving the market. Additionally, the modern lifestyle, with its high-stress levels and demand for work-life balance, has created a need for products that facilitate relaxation, making relaxation beverages an appealing option. As consumer preferences and beverage consumption patterns continue to evolve, the demand for these products is expected to increase.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of relaxation beverages. The growth and trends of relaxation beverages industry provide a holistic approach to this study.
This section of the relaxation beverages market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Relaxation Beverages market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Relaxation Beverages market include Just Chill, Tranquini, Neuro Drinks, Marley Beverage Co., Mary Jane's Relaxing Soda, Lavender Bloom, Chill Gummies, Slow Cow, Koma Unwind, ViB Relaxation Drink, Purple Stuff, Dream Water, Vacation in a Bottle, Malava Relaxation Drinks, Melatonin Calm Sleep Drink, Chillout, GenoVive Calm, Pure Bliss Beverage, Root 9 Relaxation Drink, Herbal Zap, Zenify, Tranquila Relaxation Shots, Sol Relaxation Drinks, Zen Water, and Dreamalixir. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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