The convergence of on-the-go lifestyles, plant-based diets, and the rise of beauty supplements in beverage form paints a promising future for the ready-to-drink beauty beverage market. For a comprehensive analysis, explore our full report for market drivers, challenges, opportunities, and strategic decision-making tools.
NEWARK, Del., April 9, 2024 /PRNewswire/ -- According to Future Market Insights (FMI), the worldwide ready-to-drink beauty beverage market is valued at US$ 1,956.9 million in 2024 and is anticipated to reach US$ 4,428.5 million by 2034. Over the next decade, global ready to drink beauty beverages demand is likely to increase at a CAGR of 8.5%.
Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-19440
Social media influencers and celebrities are increasing awareness and demand for RTD beauty beverages, attracting more consumers and promoting their benefits. Further, the attractive packaging of RTD beauty beverage products draws the attention of the consumers, which features ingredients benefits for the skin.
Key ready-to-drink beauty beverage companies' innovative marketing strategies are projected to boost the market during the forecast period. Moreover, social media campaigns and brand marketing strategies contribute to the increasing popularity of RTD beauty beverages.
Ready-to-drink beauty beverage manufacturers are investing in research and development to boost brand preference and sales, launch new products, and address skin issues like anti-aging, hair growth, hydration, and elasticity. Launching various new effective products that solve consumers' problems is increasing their market share and popularity amongst consumers.
Key Takeaways from the Ready to Drink Beauty Beverages Report:
- The global ready-to-drink beauty beverage market is expected to reach a valuation of US$ 4,428.5 million by 2034.
- Global demand for ready-to-drink beauty beverages is likely to soar at 8.5% CAGR over the forecast period.
- North America is projected to hold a dominant value share of 20.3% in the global market by 2034.
- Japan's market is estimated to witness a value CAGR of 6.2% during the projection period.
- The United States is projected to reach US$ 642.1 million in 2034.
"The ready-to-drink beauty beverage market is experiencing growth due to health-conscious consumers seeking convenient and on-the-go beauty solutions. Leading brands are focusing on innovative formulations, natural ingredients, and functional benefits, with potential for further expansion and product diversification." -says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.)
Competitive Landscape
DSG Consumer Partners (Nutrova), Nestle (Vital Proteins), Shiseido, and Life Vantage (TrueScience) are key ready-to-drink beauty beverage manufacturers listed in the report. Leading companies are concentrating on expanding their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.
For instance,
- In 2022, Shiseido launched a new product line - Ampoule drinks in China and Japan, which is a beauty-from-within supplement.
- In 2020, Nestle Health Science acquired Vital Proteins. This acquisition by Nestle was done to expand in the CPG industry.
Purchase now and gain full access to the Ready-to-Drink Beauty Beverages Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global ready to drink beauty beverage market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the ready to drink beauty beverage market based on ingredients (collagen, vitamin C, biotin , hyaluronic acid, vitamin E, COQ10, rosmanrinic acid, zinc, vitamin A, and gotu kola), flavor (orange, raspberry, hibiscus, blackberry mint, pomegranate, mango, cranberry, lemon, lime, tropical, ginger, coconut, and others), form (powder (instant mixes) and liquid (ready to drink)), distribution channel ( hypermarkets supermarkets, convenience stores, specialty stores, health and wellness stores, and online retail), and regions.
About the Food & Beverage Division at Future Market Insights (FMI)
Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
About the Author:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, the U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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