Market Size of Antioxidant Beverages Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.70 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Antioxidant Beverages Market Analysis
The global antioxidant beverage market is projected to grow at a CAGR of 8.7% during the forecast period (2020-2025).
- Consumer preference for healthy hydration and increased health consciousness has been a crucial factor driving the growth of the market. The different antioxidant beverages are also
taking inititaives to increase awareness about the benefits associated with the consumption of antixidant bevrages. For instance, Bai Brands, the most popular antioxidant beverage in the market, has a webpage dedicated to explaining what antioxidants are. - The other factors inflencing the sales of antioxidnat beverages in the market includes various clean labell claims such as organically sourced, no added oeresrvatives. For instnace as American consumers increasingly search for clean-label, healthy ingredients/functional beverages, natural, plant-based antioxidants are taking more of the overall market share in the region.
- Furthermore, owing to the large shelf space and availability of diversified product ranges across brands at one place, hypermarket/ supermarket remained the most preferred point of sale for antioxidant beverages in 2018