The weight management beverages market reveals promising insights into future trends. The report emphasizes a strong shift towards cognitive well-being and increasing preference for weight management products as primary drivers of market growth. Despite a positive outlook, the report anticipates moderate rather than dramatic growth, projecting a compound annual growth rate (CAGR) of over 3% from 2018 to 2027.
Evolving dietary preferences and heightened consumer interest in achieving healthy weights are cited as pivotal factors boosting the demand for weight management beverages. The report underscores a rising consumer inclination towards beverages featuring natural ingredients and clean labels, identified as a prevailing trend in the market.
The report identifies a significant rise in popularity of beverages with ingredients rich in bioactive polyphenols, on account of their advantages in effective weight management. The report associates the success of nutritional and performance drinks with the rising propensity for functional attributes, which has been identified as a prominent trend influencing the dynamics of weight management beverages market.
The budding appetite for healthier options offering a tasty and unique experience among consumers is spurring the sales of non-carbonated beverages, with an anticipated US$ 25,000 million opportunity likely to emerge by 2027. As per the report, tea bags will continue to be the highly preferred form of consumption - this segment is likely to hold the highest revenue share and is likely to gain immense traction over the assessment period.
Downsizing of packaging has been observed to be a successful strategy in the weight management beverages market, from the sales standpoint. Smaller packaging has been identified to gain widespread traction, on the back of rising consumer awareness regarding portion size and sugar intake. The weight management beverages landscape is likely to be influenced by persistent intervention of key authorities and regulations, such as FDA and EU regulations, to standardize levels of sugar concentration.
List of Key Companies Profiled in The Report
- Nutrisystem Inc.
- PepsiCo Inc.
- Unilever PLC
- Tetley USA Inc.
- The Procter & Gamble Company (P&G)
- Kellogg Co.
- Archer Daniels Midland Company
- Royal DSM NV
- BASF SE
- Hansen Holdings A/S
- DuPont
- Others
Notable Developments
Notable developments in the weight management beverages market underscore the commitment of industry players to meet consumer demands and stay ahead in a competitive environment. Innovations in sugar alternatives, advanced processing techniques, and sustainable packaging solutions are among the developments shaping the market. Furthermore, the emphasis on scientific research and clinical studies to validate the efficacy of weight management beverage formulations showcases a dedication to providing consumers with products that deliver tangible results. These notable developments signal a market that is responsive to emerging trends and committed to delivering value to health-conscious consumers.
The weight management beverages market is in a phase of dynamic growth and transformation. As consumers increasingly prioritize health and wellness, the market presents both challenges and opportunities for businesses. Staying informed about market insights, growth trends, and recent developments is paramount for industry players aiming to navigate this evolving landscape successfully. Whether it's capitalizing on emerging opportunities or addressing shifting consumer preferences, a strategic approach is essential for sustained growth in the weight management beverages market.
Segmentation
The weight management beverages market into five main segments: regions, product types, product forms, consumer demographics (gender), and sales channels.
Geographically, the market spans six regions: North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA).
In terms of product types, weight management beverages are classified into two categories: carbonated and non-carbonated variants.
The market also distinguishes product forms, encompassing liquid, powder, and tea bags.
Consumer demographics are segmented into male, female, and unisex categories based on preferences.
Finally, sales channels include direct sales, modern trade, specialty stores, convenience stores, departmental stores, drug stores, and online platforms.