Detox Drinks Market Size, Definition, Opportunities with Strategic Growth and Top Key Players Analysis and Forecasts to 2027
Research report presented by UnivDatos, Emphasis on
Product Type (Water, Juice, Smoothies, Tea/Coffee, Others); Distribution
Channel (Store-Based, Non-Store-Based); Packaging Type (Bottles, Pouches &
Sachets, Others); Origin (Conventional and Organic) and Geographical analysis (key regions and countries).
As per the research report, Global Detox Drinks Market is expected to
reach the market valuation of USD 2,045.9 million by 2027 expanding at a
reasonable CAGR of 9.4% during the forecast period (2021-2027) from USD 980.2
million in 2019. Detox drinks help in removing the harmful
toxins which can negatively impact cells and organs of the human body. These
drinks are prepared by blending various fruits, vegetables, and herbs that
naturally cleanse the body from within and helps in reducing some extra kilos.
The health benefits associated with Detoxification are one of the key drivers
of the global detox drinks market. Furthermore, the rising demand for a high
scale of volume in the beverage industry across the globe drives the growth of
the market. The consumption of soft drinks, such as colas and flavored sodas,
is reducing globally as they have high sugar content, artificial coloring,
phosphoric acid, artificial sweeteners, and caffeine which can cause negative
effects on the human body. Owing to this, many consumers are shifting from
carbonated drinks towards healthy beverages.
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The
rise in demand for healthy beverages owing to the increase in the global burden
of people suffering from chronic diseases including cancer, heart diseases, and
diabetes has inclined people to adopt a healthy lifestyle which will further
drive the global market of detox drinks. For instance, according to the centers
for disease control and prevention, 6 out of 10 people have a chronic disease
and 4 out 10 adults have two or more. Amongst 133 million Americans, 45% of the
population of America has at least one chronic disease. Furthermore, chronic
diseases are responsible for 7 out of every 10 deaths, killing more than 1.7
million Americans each year.
The
prevalence of Obesity and Overweight is rising dramatically across the globe
and has nearly tripled since 1975, according to WHO. Obesity is among one of
the leading causes of death worldwide as obese people are prone to many serious
health conditions and illnesses. For instance, as per CDC, more than 900,000 adult COVID-19
hospitalizations occurred in the United States between the beginning of the
pandemic and November 18, 2020. Models estimate that 271,800 (30.2%) of these
hospitalizations were attributed to obesity. Given the
facts, many people are wanting to lose weight and are participating in various
weight management programs focusing on detoxification. These factors have
increased the worldwide demand for detox drinks owing to their ability to
cleanse the body naturally and improving the metabolism of the body.
Furthermore, consumption of detox drinks improves digestion as it serves as a
laxative and provides various healthy nutrients to the digestive system which
is further fueling the growth of the detox drinks market.
For a detailed analysis of the market drivers of Detox Drinks
Market browse through - https://univdatos.com/report/detox-drinks-market-current-analysis-and-forecast-2021-2027
Another
factor contributing to the growth of the global detox drinks market is
advancement in medical technology and the surging cost of medical treatments.
From drugs to surgeries, to other medical procedures, nothing costs less than a
few lakhs. For instance, In India, the average cost for cancer treatment is
10 lakhs. In addition to this, 1-3.5 lakhs is the average cost for angioplasty
procedures in India. Owing to these factors, the medicinal
benefits associated with detoxifying drinks coupled with the increase in the
number of health-conscious people all over the world is augmenting the growth
of the global detox drinks market.
Unilever,
Pukka herbs, Dr Stuarts, Jus by Julie, Suja Life, Project Juice, Terranova
Synergistic Nutrition, Temple Turmeric, Raw generation, Hain celestial are some
of the prominent players operating in the global detox drinks market. Several
M&As along with partnerships have been undertaken by these players to
facilitate customers with innovative products.
Insights
Presented in the Report
“Amongst
Product Type, Water segment holds the major share”
Based on the product type, the market is fragmented
into water,
juice, smoothies, tea or coffee, and others. The water segment dominated the market with a share of XX% in 2020
owing to the ease of availability and a wide variety of detox
water. In addition to this, water can also be consumed regularly as a part of
the everyday regime. However, significant growth is expected in the juice
segment over the projected timeframe due to the increasing demand for natural
and healthy juices.
“Amongst
Distribution Channel, Non-Store based segment is anticipated to grow at the
highest CAGR during the analyzed period”
Further
based on distribution channels, the market is fragmented into store-based and
non-store-based. The store-based segment is holding the major share in the
market owing to the surge in the sale of healthy beverages in supermarkets
& convenience stores. However, the non-store-based segment is expected to
grow during the forecast period due to the increase in penetration of
e-commerce in the food & beverage retail sector. For instance,
according to research conducted by Food Industry Association (FMI) and
NielsenIQ, in 2021, Online sales of packaged food and beverages can reach up to
$109 billion.
“Amongst
Packaging Type, Bottle’s segment holds the major share”
Based on the packaging type, the market is fragmented into bottles,
pouches & sachets, and others. The bottle segment grabbed the major market
share and is expected to maintain its dominance during the forecast period as
it one of the most convenient and cost-effective forms of packaging for detox
drinks.
“Amongst
Origin, Conventional segment holds the major share”
Based
on Origin, the market is fragmented into Conventional and Organic. Conventional
farming techniques using fertilizers and pesticides providing quick and
efficient results are accountable for the major shareholder of the conventional
segment, in terms of revenue. However, the organic segment is anticipated to
experience commendable growth in the upcoming years due to the shift in
preferences of consumers for organic food & beverages.
“North
America signifies one of the largest markets of detox drinks market”
For a better understanding of the market dynamics of
the detox
drinks market, a detailed analysis was
conducted for different regions across the globe including North
America (United States, Canada, and the Rest of North America), Europe
(Germany, France, Italy, Spain, United Kingdom and Rest of Europe),
Asia-Pacific (China, Japan, India, and Rest of APAC), Rest of World. North
America dominated the market and generated revenue of USD XX billion in 2020
owing to the fast-paced modern lifestyle and high-income levels of the
consumers in the region have led to a rise in the demand for detoxifying
drinks. Most of the companies in the food industry are introducing new flavors
to cater to the middle-income group which helps to boost the growth of the
detox drinks market.
Customization Options:
Detox Drinks Market can further be customized as per the requirement or any other market
segment. Besides this, UMI understands that you may have your own business
needs, hence feel free to connect with us to get a report that completely suits
your requirements.
Labels: Detox Drinks Market, Detox Drinks Market growth, Detox Drinks Market share, Detox Drinks Market size, Detox Drinks Market trend
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