Ready-to-drink beauty beverage market
“The Business Research Company recently published a comprehensive report on the global Instant Beauty Beverages market size and trend analysis with forecast from 2024 to 2033. This latest market research report has Additionally, it covers current trends, future opportunities, and important data to succeed in the industry, such as regional share and competitors’ market share.
According to a study by The Business Research Company, the market size of instant beauty drinks has grown rapidly in recent years. It is expected to grow from $1.91 billion in 2023 to $2.13 billion in 2024, at a compound annual growth rate (CAGR) of 11.4%. Growth during this historic period can be attributed to increased awareness of inner beauty, a growing youth population, growth in e-commerce, increasing demand for convenient beauty solutions, and demand for healthy RTD beverages. Masu.
The market size of ready-to-drink beauty drinks is expected to grow rapidly in the coming years. It is expected to grow to $3.32 billion by 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth during the forecast period can be attributed to expansion in distribution channels, focus on sustainability and clean beauty, growth in beauty subscription services, and adoption of sustainable business practices. Key trends over the forecast period include product innovation, innovative flavor profiles, clinical research and efficacy claims, global inspiration and unusual ingredients, customization and personalization.
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Market drivers and trends:
The ready-to-drink beauty beverages market is expected to grow in the coming years due to the increasing demand for healthier foods. Healthier foods refer to foods that are perceived to be more nutritious and contribute to overall health compared to other options. Demand for healthier foods is increasing as people prioritize nutrition, weight management, and environmental ethics in their food choices. Ready-to-drink beauty drinks are a convenient and beneficial addition to a healthy diet, providing hydration, nutrients, and supporting skin health. For example, a report published by US-based consumer intelligence firm NIQ in May 2022 found that sales of health-oriented products, including over-the-counter medicines and nutritious foods and beverages, increased significantly. In the US, it increased by 31% from 2020 to 2021. Therefore, the rising demand for healthier foods is driving the growth of the ready-to-drink beauty beverages market.
Leading companies operating in the instant beauty drinks market are focusing on developing innovative products such as CB*D-infused beauty drinks to meet the growing demand for wellness-oriented drinks. A CB*D-containing beauty drink is a drink that contains CB*D (cannabidiol) as well as ingredients that nourish the skin, such as antioxidants and hyaluronic acid, with the aim of enhancing beauty and boosting immunity. It’s a drink. For example, in February 2023, Le Jolie Medi Spa, a US-based beauty services provider, launched a health wellness drink featuring 25mg of CB*D and daily vitamin C, Mango Turmeric, and Dragon Fruit Rose. Introduced Pick Me Up Potions available at. , watermelon and cucumber flavors aim to strengthen skin, nails and hair while boosting immunity and promoting relaxation. These beauty drinks are infused with antioxidants, hyaluronic acid, and CB*D, which combine to strengthen your skin from the inside out, promote relaxation, and boost your overall well-being.
Key benefits for stakeholders:
• Comprehensive market insights: Stakeholders have access to detailed market statistics, trends, and analysis that help them understand the current and future status of the industry.
• Informed decision-making: Reports provide critical data to support strategic decision-making, reduce risk, and enhance business planning.
• Competitive Advantage: Detailed competitor analysis and market share information allows stakeholders to identify opportunities to outperform the competition.
• Customized Solutions: Business Research Company provides customized reports that address your specific needs and ensure that your stakeholders gain relevant and actionable insights.
• Global Perspective: The report covers different regions and markets, offering a broad perspective that helps stakeholders expand and succeed in their businesses globally.
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Major key players in the market:
Nestlé SA, Johnson & Johnson, PepsiCo, Procter & Gamble, Coca-Cola, L’Oréal SA, Danone SA, Henkel AG & Co. KGaA, Kimberly-Clark Corporation, Colgate-Palmolive Company, Chanel SA, Kao Stocks Company, Beiersdorf AG, Amway Corporation, Shiseido, Natura & Co., Coty, Herbalife Nutrition, Avon Products, Mary Kay, Groupe Yves Rocher, Revlon, Elizabeth Arden, Oriflame Cosmetics Global SA, Clarins Group
Key Insights of Instant Beauty Drinks Market in 2024:
• The market size of ready-to-drink beauty drinks is expected to grow rapidly in the coming years. It is expected to grow to $3.32 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%.
• Impact of rising demand for health foods on the instant beauty drinks market
• Innovative products in the ready-to-drink beauty drinks market
• North America became the largest region in the instant beauty drinks market in 2023
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