Health Beverages Market in India by Distribution Channel and Type - Forecast and Analysis 2022-2026

The health beverages market share in India is expected to increase by USD 3.84 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.89%.

This health beverages market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers health beverages market segmentation in India by distribution channel (offline and online) and type (packaged fresh fruit and vegetable juices, functional beverages, nutritional beverages, and others). The health beverages market report of India also offers information on several market vendors, including Abbott Laboratories, Glanbia Nutritionals Inc., GNC Holdings Inc., Keurig Dr Pepper Inc., Mondelez International Inc., Monster Beverage Corp., Nestle SA, PepsiCo Inc., Red Bull GmbH, and The Coca-Cola Co. among others.

What will the Health Beverages Market Size in India be During the Forecast Period?

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Health Beverages Market in India: Key Drivers and Challenges

The health benefits of healthy beverages are notably driving the health beverages market growth in India, although factors such as fluctuating prices of raw materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the health beverages industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Health Beverages Market Driver in India

One of the key factors driving growth in the health beverages market in India is the health benefits of healthy beverages. Factors such as a considerable shift in consumers' lifestyles and diet habits during the past two decades have also contributed to the growth of the health beverages market in India. Hectic lifestyles and unhealthy eating habits cause deteriorating health conditions and lifestyle disorders. Hence, the working population seeks healthy on-the-go/convenience health beverages such as fresh fruits and vegetable juices. In top metropolitan cities in India such as Delhi, Mumbai, and Bangalore, the demand for on-the-go foods and beverages in local food chains and smoothie outlets has significantly grown due to the changing consumer preferences of the working-class population. The rapid economic growth in developing countries such as India has resulted in a significant increase in disposable incomes.

Key Health Beverages Market Challenge in India

The fluctuating prices of raw materials will be a major challenge for the health beverages market in India during the forecast period. The major raw materials for health beverages include fruits, vegetables, sugar, proteins, and other ingredients. The increase in the prices of raw materials causes the production cost of healthy beverages to rise. Factors such as adverse weather conditions, national emergencies, natural disasters, supply shortages, other unexpected events affect the supply of raw materials. Therefore, manufacturers find it challenging to introduce new product varieties with specific ingredients that help in enriching the taste and quality of the products. The increase in product prices also affects the consumer purchase decision, which affects the market performance of the manufacturer. Therefore, the volatility in the prices of raw materials may significantly impact the growth of the health beverages market in India.

This health beverages market analysis report of India also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Health Beverages Market Vendors in India?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Abbott Laboratories
• Glanbia Nutritionals Inc.
• GNC Holdings Inc.
• Keurig Dr Pepper Inc.
• Mondelez International Inc.
• Monster Beverage Corp.
• Nestle SA
• PepsiCo Inc.
• Red Bull GmbH
• The Coca-Cola Co.

This statistical study of the health beverages market in India encompasses successful business strategies deployed by the key vendors. The health beverages market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The health beverages market in India forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Distribution Channel Segments in the Health Beverages Market in India?

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The health beverages market share growth in India by the offline segment will be significant during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the health beverages market size in India and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Health Beverages Market Report of India?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive health beverages market growth in India during the next five years
• Precise estimation of the health beverages market size in India and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of health beverages market vendors in India

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