Overview of the global fruit and vegetable mixed juices market
Technavio’s market research analyst predicts the global fruit and vegetable mixed juices market to grow steadily at a CAGR of more than 3% between 2016 and 2020. Fruit and vegetable mixed juices are gaining traction among people due to their low sugar and high nutrient content. The surging demand for fruit and vegetable mixed juice products will continue during the forecast period with several vendors are coming up with new products to cater to the growing demand for such health products. Very few consumer segments are aware of the benefits of fruit and vegetable mixed juices. This has propelled vendors in the market to come up with several marketing and advertising activities to increase the consumer knowledge about the benefits of these products. Blueberry and karela or bitter gourd juices are widely accepted among diabetic patients in India. Besides, juices such as carrot blueberry juice are also gaining huge prominence among consumers.
In terms of geographical segmentation, the Americas leads the fruit ad vegetables mixed juices market. Factors like surge in demand for convenient and healthy food options, rise in the number of juice bars, and new product launches are driving the growth of the market in the Americas. People in the Americas consume a variety of juices, which has propelled manufacturers to come up with new products. Vegetable juices are the most consumed juices because of their low calorie content. Besides the US, countries such as Brazil, Canada, and Mexico are the major consumers of juices in the region.
Competitive landscape and key vendors
The global fruit and vegetable mixed juices market is extremely competitive and fragmented due to the presence of numerous
Overview of the herbal tea market
Extensive research carried out by the market research analysts at Technavio has shown that the global herbal tea market will grow at a steady pace and will post a moderate CAGR of more than 5% over the forecast period. Herbal tea has several health benefits and is available in a variety of flavors such as orange and apple, which are not only delicious but are a perfect alternative to unhealthy sodas. Moreover, herbal tea is rich in antioxidants, minerals, and vitamins. Some of the most popular herbal teas include peppermint tea, chamomile tea, and hibiscus tea. While peppermint tea aids in digestion and has antiviral and antimicrobial properties, chamomile tea has antiplatelet-clumping activity and plays a vital role in reducing the occurrence of blood clots. Also, hibiscus tea lowers the blood pressure and is ideal for pre-hypersensitive and mildly hypersensitive people. The increasing awareness about preventive healthcare and stressful lifestyle is encouraging consumers to opt for products with health benefits like herbal tea.
Online retailing is a recent trend spurring the growth prospects of the herbal tea market in the coming years. Although the brick-and-mortar retail channel remains the key channel in the market, Internet retailing is witnessing rapid growth. Factors such as quick delivery services and competitive selling prices are some of the major factors boosting the growth of Internet retailing worldwide. Several websites like mightyleaf.com, teabox.com, themandarinstearoom.com, and adagio.com offer different
Overview of the global canned salmon market
Technavio’s market research analyst predicts the global canned salmon market to grow at a moderate CAGR of around 4% between 2016 and 2020. Salmon aquaculture is the fastest-growing food production system in the world. As per the recent market studies, the farmed salmon production has increased by about 133% over the past 15 years. There is growing demand for canned salmon across the world due to the various health benefits associated with the consumption of salmon fish. Salmon is considered as a good source of proteins, minerals, and various fatty acids such as omega-3 and omega-6. The surging demand for salmon products has led to the rapid increase in salmon production. The aquaculture production of Atlantic salmon is increasing significantly and is anticipated to increase at a growth rate of around 10% during the forecast period. The latest development in this market is the practice of land-based salmon aquaculture, which confines the fish to indoor tanks, and eliminates interactions between the farmed fish and the external environment.
APAC is the largest region in the canned salmon market in terms of revenue and is anticipated to occupy more than 41% of the overall market during the forecast period. Factors such as the increase in population, growing requirement for protein-rich diets, high disposable income, and changing lifestyles are fueling the demand for canned salmon products in the region. China, India, Japan, Thailand, Australia, Bangladesh, Singapore, and Malaysia are the key revenue contributing countries in APAC. Moreover, the surging demand for fish
Outlook of the coffee market in Mexico
Technavio’s market research analyst predicts the coffee market in Mexico to grow at a CAGR of around 5% during the forecast period. Factors such as changing consumer tastes and improved economy have fueled the demand for high-quality and specialized coffee products, such as coffee with different aromas, flavors, and RTD coffee beverages, among the younger population in Mexico. This increase in the demand for specialized coffee products among the younger population will foster the prospects for market growth until 2020.
The recent rise in the demand for RTD coffee is the key driver for the growth of this market. RTD coffee offers convenience and variety in terms of flavors, which is another major factor boosting its demand during the predicted period. Since this coffee is considered to be a healthy alternative option for carbonated drinks, its demand among the populace will witness a rapid increase until 2020.
Type-based segmentation of the coffee market in Mexico
- Fresh roasted and ground coffee
- Instant coffee
- RTD coffee
- Coffee pod
In this market study, analysts have estimated the coffee pod segment to exhibit the highest market growth rate during the forecast period. The populace’s rising demand for convenience and the recent shift from multi-serve to single-serve coffees will have a positive impact on this segment’s growth during the forecast period.
Segmentation by distribution channel and analysis of the coffee market in Mexico
The retail segment currently dominates the coffee market in Mexico and includes
Outlook of the global smoothies market
The global smoothies market is envisaged to witness fast growth at a CAGR of more than 7% over the forecast period. The growing popularity of smoothies is attributed to the numerous health benefits associated with them. As smoothies are essentially made of fruits and vegetables, they are a rich source of several nutrients, vitamins, and trace elements. Moreover, the right blend of natural ingredients helps in cleansing and detoxifying the body. Some smoothies are made with yogurt and milk, which is rich in probiotics and is also perceived to have numerous health benefits. Furthermore, the introduction of functional smoothies in the market is also attracting the attention of consumers; for instance, in the US, PepsiCo launched Naked, which is quite popular with its machine and protein variants.
In this industry research study, analysts have estimated factors such as the increasing popularity of organic and non-GMO smoothies to propel the growth prospects for this market in the coming years. Organic smoothies are not made from fruits and vegetables that are artificially ripened and sprayed with harmful pesticides and chemicals as there is a growing concern among the consumers about the origin and quality of fruits and vegetables that are used in the preparation of fruit smoothies. Although organic smoothies are priced higher than conventional juices, they are richer in minerals and antioxidants than conventional fruit juices.
Product-based segmentation and analysis of the smoothies market
During 2015, the global smoothies market was led by the fruit-based smoothies segment, which accounted for close to 85% of the total market share. Fruit-based smoothies are fibrous, rich in vitamins, and natural, making very popular among health conscious consumers worldwide. Moreover, fruit-based
Overview of the bottled water market in South Africa
According to the analysts at Technavio, the bottled water market in South Africa is envisaged to witness steady growth and will post an impressive CAGR of more than 7% during the forecast period. The prevalence of waterborne diseases and the scarcity of tap water has led to an augmented demand for bottled water in South Africa. Bottled water is also convenient as the process of boiling water at home is time-consuming and not energy-efficient. Moreover, bottled mineral water is purified and contains dissolved minerals that have several health benefits. Also, companies have started offering products in small-sized packages at low cost to increase distribution among consumers with low disposable income. The increasing need to provide safe drinking water to the growing population in South Africa will drive the market for bottled water in this region until the end of 2020.
In this industrial research report, the analysts have estimated factors such as the introduction of new flavored and functional bottled water to spur the growth prospects for this market in the next four years. These segments include water that has added ingredients like natural and artificial flavors, minerals, sugar, and vitamins. Moreover, the products in these segments are consumed as healthier alternatives to soft drinks. The functional bottled water segment is popular among health-conscious consumers as it is perceived to improve digestion, immunity, and also assists in weight loss.
Product segmentation and analysis of the bottled water market in South Africa
- Still unflavored water
- Sparkling flavored water
- Still flavored water
- Sparkling unflavored water
During 2015, the still unflavored water segment dominated the market and accounted for more than 61% of the market share in terms of revenue. Still
Non-alcoholic drinks refer to beverages that have less than 0.5% alcoholic content by volume. This includes soft drinks, juices, ready-to-drink tea and coffee, bottled water, energy drinks, and non-alcoholic beer and wine. Rapidly changing lifestyles and increasing disposable income are two of the major factors fueling the demand for non-alcoholic drinks globally.
Technavio’s consumer data and market analysis advances your knowledge of the industry and its competitive environment and provides strategic insights on non-alcoholic beverages, non-alcoholic beer, non-alcoholic wine, non-alcoholic cocktails, and non-alcoholic malt beverages.