Market Insight:
Instant coffee is brewed coffee that has almost all of its water removed. It is a straightforward technique with no chemical alterations. Coffee that has been deprived of its liquid is known as instant coffee. One notable distinction is that instant coffee is often produced with Robusta coffee beans rather than the more costly Arabica coffee beans. ..
The global bottled water market is forecasted to record a value of US$356.63 billion by 2027, progressing at a CAGR of 6.70%, for the duration spanning 2023-2027. The driving factors include increasing inclination of consumers towards healthy lifestyles, expansion of tourism sector, growing preference for functional water, surging millennial spending and scarcity of drinkable water. However, th ..
The global bottled water market is forecasted to record a value of US$334.24 billion in 2026, progressing at a CAGR of 6.70%, for the duration spanning 2022-2026. The driving factors include increasing inclination of consumers towards healthy lifestyles, expansion of tourism sector, growing preference for functional water, surging millennial spending and scarcity of drinkable water. However, th ..
The global coconut water market is forecasted to record a value of US$8.82 billion in 2025, progressing at a CAGR of 15.25%, for the duration spanning 2021-2025. The driving factors include increasing inclination of consumers towards health and wellness, growing prevalence of lifestyle disorders, rising interest in caffeinated refreshments and hydration and escalating global average temperature ..
The global coffee market is anticipated to reach US$144.68 billion in 2025, growing at a CAGR of 7.60% for the period spanning 2021-2025. Factors such as increasing out of home coffee consuming population, rapid urbanization, rising e-commerce retail sales, increase in Gen Z income, increasing instant coffee preference, growing demand for specialty coffee and increasing gree ..
The global packaged tea market is estimated to reach US$65.22 billion in 2024, growing at a CAGR of 6.91% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, prevalence of tea culture, growing e-commerce, growing health awareness, introduction of healthy ingredients in tea and introduction of new flavors and new varieties in tea are expected t ..
The global out of home coffee market is expected to reach US$29.55 billion in 2024, witnessing growth at a CAGR of 4.94%, over the period 2020-2024. Growth in the out of home coffee market has accrued due to the accelerating coffee consumption, increasing number of working age population, growing presence of coffee houses, rising disposable income and growing urbanization. The market is anticip ..
The global coffee market is anticipated to reach US$134.25 billion in 2024, growing at a CAGR of 5.32% for the period spanning 2020-2024. Factors such as increasing out of home coffee consuming population, rapid urbanization, rising e-commerce retail sales, accelerating disposable income, increasing instant coffee preference, growing demand for specialty coffee and increasing green coffee consu ..
The plant based milk market is expected to reach US$21.52 billion in 2024, growing at a CAGR of 10.18%, for the duration spanning 2020-2024. The factors such as, expansion of the beverage industry, growing obese populace, ..
The global ginger ale market is expected to record a value of US$5.34 billion in 2023, growing at a CAGR of 6.57%, for the duration spanning 2019-2023. While, the global tonic mixer market is projected to hold a value of U ..