Electrolyte Mixes Global Market Report 2023 – By Product Type (RTD Beverages, Electrolyte Powders, Tablets, Others Product Types), By Application (Energy Drink, Medical Solution, Other Applications), By Distribution Channel (Supermarkets or Hypermarkets, Convenience Stores, Pharmacies, Online Retail, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2023-2032

Energy drinks refer to a beverage comprising stimulant compounds such as caffeine, sugar, herbal extracts, taurine, and amino acids which provide mental and physical stimulation. Energy drinks are popular dietary supplements that teens and adults consume to improve mental alertness and physical performance. The main product types of energy drinks include drinks, shots, and mixers. Energy drinks are carbonated drinks that contain sugar and caffeine to increase physical performance and mental alertness. Energy drinks are distributed through convenience stores, supermarkets/hypermarkets, pharmacies/health stores and online retail. These energy drinks are packed in cans, bottles, and others. The global energy drinks market is segmented - 1) By Product Type: Drinks, Shots, Mixers 2) By Packaging: Bottle, Can, Other Packagings 3) By Distribution Channel: Convenience Store, Supermarket/Hypermarket, Pharmacies/Health Stores, Online Retail The global energy drinks market size grew from $58.48 billion in 2022 to $62.89 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global energy drinks is expected to grow to $83.83 billion in 2027 at a CAGR of 7.5%. The increasing demand for energy drinks on new distribution channels like e-commerce is expected to propel the growth of the energy drinks market. The demand for energy drinks on new distribution channels like e-commerce is growing due to the convenience of shopping from anywhere & at any time, rapid adoption of smartphones, easy and affordable access to technology, competitive online prices, and others. This rising preference toward e-commerce platforms will drive significant sales for energy drinks as these are playing a vital role in the distribution of energy drinks to customers and ensuring the product reaches them on time. E-commerce offers the convenience of shopping, removing the need for visiting stores. For instance, in April 2020, Celsius Holdings Inc., a US-based maker of fitness drinks announced record online sales volume driven by new eCommerce partners and e-marketing initiatives. The company recorded a whopping increase in the average daily online sales volume of energy drinks by more than 167% in April 2020 compared to the same time last year. The company also sponsored for the Energy Drink Aisle of Instacart, a leading provider of home grocery delivery services, to target online campaigns in response to the rise in consumers opting home delivery and pick-up services for food and beverages. Therefore, the increasing demand for energy drinks on new distribution channels like e-commerce will drive the growth of the energy drinks market. Major players in the energy drinks market are Red Bull GmbH, Power Horse Energy Drinks GmbH, Monster Beverage Corporation, PepsiCo, Coca-Cola Company, Arizona Beverage Company, Living Essentials, National Beverage Corp., Taisho Pharmaceutical Co. Ltd., Nestlé SA, Kabisa BV, Suntory Holdings Ltd., Asia Brewery Incorporated, Otsuka Pharmaceutical Co., Dali Foods Group, LT Group Inc., Goldwin Healthcare, Cloud 9, Kraft Foods Inc., The Gatorade Company Inc., and Heinz. The addition of new flavors is a key trend gaining popularity in the energy drinks market. The addition of new flavors such as coconut, cola, and others in energy drinks not only provides a new taste but also added health benefits for consumers. Many companies operating in the energy drinks market are adding new flavors to energy drinks to attract new customers and increase their sales. For instance, in April 2021, Red Bull, one of the multinational energy drink manufacturers and suppliers introduced Coconut Edition Sugar-free energy drinks in 25cl and 35cl cans. It also includes B-group vitamins along with taurine and acesulfame-K as its sweetening agent, offering health benefits. In addition, Rockstar Inc., a US-based energy drink company offers new flavored energy drinks such as Rockstar Recovery in Marshmallow. In June 2020, PepsiCo, an American multinational food and beverage corporation acquired Rockstar for $3.86 billion. This acquisition complements PepsiCo’s energy drinks portfolio, expands its market presence, and enhances its growth in the functional beverage segment. Rockstar is a US-based non-alcoholic energy drink company. North America was the largest region in the energy drinks market in 2022. The Asia-Pacific is expected to be the fastest-growing region in the energy drinks market during the forecast period. The regions covered in the global energy drinks market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the energy drinks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The energy drinks market consists of sales of taurine, ginseng, guarana extract, glucuronolactone, sugars, l-carnitine, and B vitamins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The energy drinks market research report is one of a series of new reports from The Business Research Company that provides energy drinks market statistics, including energy drinks industry global market size, regional shares, competitors with a energy drinks market share, detailed energy drinks market segments, market trends and opportunities, and any further data you may need to thrive in the energy drinks industry. This energy drinks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Softdrink is a non-alcoholic water-based beverage that is carbonated or artificially carbonated using sugar, fruit juice, artificial sweetener, and others. Ice is a solid form of frozen water. The main types of soft drinks and ice are soft drinks and ice. A soft drink is a non-alcoholic beverage made up of water (typically carbonated), a sweetener, and natural or artificial flavorings. The different categories include mass, premium, and distributed through various channels such as off-trade channels and on-trade channels. The global soft drink and ice market is segmented - 1) By Type: Soft Drinks, Ice 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Carbonated Soft Drinks, Bottled Water, Ready to Drink (RTD) Tea And Coffee, Juices And Juice Concentrates, Functional Drinks The global soft drink and ice market size grew from $443.75 billion in 2022 to $471.35 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global soft drink and ice market is expected to grow to $584.64 billion in 2027 at a CAGR of 5.5%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the American Society of Nutrition, the consumption of sugar-sweetened beverages was highest in Mexico. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products due to the rising population during the forecast period. Major companies in the soft drink and ice market include PepsiCo Inc., The Coca-Cola Company, Coca-Cola European Partners plc, Fomento Economico Mexicano, Red Bull GmbH, Nestle S.A., Keurig Dr Pepper Inc., Asahi Group Holdings Ltd., Danone S.A., and Suntory Holdings Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the soft drink and ice manufacturing markets in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the soft drink and ice manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. To establish brand image and differentiation, bottled water manufacturers are introducing novel packaging. Novelty packaging may include re-sealable and recyclable packaging material, transparent sophisticated bottles, inks, and coatings applied to cans to enhance shelf appeal. For instance, British entrepreneurs launched Cano, a re-sealable and recyclable aluminum water that can aim at controlling pollution from plastic water bottles. Also, the Paper Water Bottle Company launched the Paper Water Bottle Eco-1, a compostable water bottle made of moulded fiber. Asia-Pacific was the largest region in the soft drink and ice market share in 2022. Western Europe was the second-largest region in the soft drink and ice market. The regions covered in the global soft drink and ice market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soft drink and ice market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The soft drinks and ice market consists of sales of carbonated soft drinks, ice flakes, ice cubes, ice nuggets, bottled water, Ready to Drink (RTD) tea and coffee, juices and juice concentrates, functional drinks, and other soft drinks and ice. The companies in the soft drink and ice industry process raw materials into soft drinks, ice, and purified and bottled water, package and distribute them through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The soft drinks and ice research report is one of a series of new reports from The Business Research Company that provides soft drinks and ice statistics, including soft drinks and ice industry global market size, regional shares, competitors with soft drinks and ice shares, detailed soft drinks and ice segments, market trends and opportunities, and any further data you may need to thrive in the soft drinks and ice industry. This soft drinks and ice research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Supermarket and hypermarkets are stores that are engaged in retailing of fresh, frozen, and canned foods and dry goods, such as tea, coffee, spices, sugar, and flour, as well as fresh fruits and vegetables, and fresh and prepared meats, fish, and poultry to ultimate users. The main types of supermarkets and hypermarkets are supermarkets and hypermarkets. A supermarket is a big retail establishment that sells food and other household items and is typically self-serve. The major types of ownerships are retail chains and independent retailers that have applications in consumer electronics, furniture, food and beverage, toy & stationery, personal care, cosmetics, home textile, dress, and other applications. The global supermarkets and hypermarkets market is segmented - 1) By Type: Supermarkets, Hypermarkets 2) By Ownership: Retail Chain, Independent Retailer 3) By Application: Consumer Electronics, Furniture, Food and Beverage, Toy And Stationery, Personal Care, Cosmetic, Home Textile, Dress, Other Applications The global supermarkets and hypermarkets market size will grow from $3,138.21 billion in 2022 to $3,373.9 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of supermarkets and hypermarkets market is expected to grow to $4,346.14 billion in 2027 at a CAGR of 6.5%. Supermarkets and hypermarkets are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for supermarkets and hypermarkets to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward. Major companies in the supermarket and hypermarket market include The Kroger Co, Aldi, Schwarz Unternehmenstreuhand KG, Rewe Group, Albertsons Companies Inc., Koninklijke Ahold Delhaize N.V, Tesco PLC, Carrefour SA, Fonciere Euris SA, and J Sainsbury plc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the supermarket and hypermarket market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the supermarkets and hypermarkets market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Supermarkets and hypermarkets are increasingly using blockchain technology to track product details such as source, manufacturing location, transportation modes. Blockchain technology can be described as a data structure that holds transactional records and ensures security, transparency, and decentralization. Due to rising awareness about healthy eating, shoppers are actively looking for the origin and methods of food production to understand the entire food supply chain. Food quality. Blockchain technology enables users to access labelling information on smartphones, giving the user in-depth tracking of data that ensures food quality. For instance, in March 2022, Zipmex, a Southeast Asia-based digital asset platform launched a blockchain powered supermarket in collaboration with Thailand’s Central Retail Corporation. North America was the largest region in the supermarkets and hypermarkets market in 2022. Western Europe was the second-largest region in the supermarkets and hypermarkets market. The regions covered in the supermarkets and hypermarkets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the supermarket and hypermarket market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The supermarket and hypermarket market includes revenues earned by entities by providing services through supermarkets and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The supermarkets and hypermarkets market research report is one of a series of new reports from The Business Research Company that provides supermarkets and hypermarkets market statistics, including supermarkets and hypermarkets industry global market size, regional shares, competitors with a supermarkets and hypermarkets market share, detailed supermarkets and hypermarkets market segments, market trends and opportunities, and any further data you may need to thrive in the supermarkets and hypermarkets industry. This supermarkets and hypermarkets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Organic soft drinks are drinks made from natural sweeteners or other wholesome ingredients. The main product types are organic soft fruit drinks, organic soda pops, and others. Organic soft drinks are made from fresh organic fruits or vegetables grown on farms without insecticides or pesticides. These products are made without ionising radiation and without the use of a wide variety of food additives. The distribution of these organic soft drinks is done through supermarkets, convenience stores, and online stores. The various packaging materials are plastic, glass, paperboard, and metal. The global organic soft drinks market is segmented - 1) By Product Type: Organic Soft Fruit Drinks, Organic Soda Pops, Other Product Types 2) By Distribution: Supermarket, Convenience Store, Online Store 3) By Packaging: Plastic, Glass, Paperboard, Metal The global organic soft drinks market size will grow from $5.53 billion in 2022 to $5.82 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global organic soft drinks is expected to grow to $6.99 billion in 2027 at a CAGR of 4.7%. Increasing awareness of the benefits of organic foods and beverages has contributed to the growth of the organic soft drink market. Organic soft drinks are made from products produced by organic farming, which do not contain artificial flavours and preservatives and contain natural sweetening agents, low calories, and high nutritional value. People are becoming more health-conscious and are looking for more organic food products that they feel are healthier and safer for the environment.For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, between the years 2020 and 2021, organic sales increased by 2% surpassing $ 63 billion as compared to previous years. The increased awareness of the benefits of organic foods has helped in the growth of the organic soft drinks market. Major players in the organic soft drinks market are Berrywhite, Honest Tea, Luscombe, Phoenix Organics, Galvanina, Bionade, Hain Celestial Group, Suja Life. The high cost of organic products, including soft drinks, acts as a hindrance to the organic soft drinks market. The cost of organic soft drinks is high when compared with that of conventional soft drinks. For example, the cost of Galvanina-Cola sparkling soda 350ml is $82.99 for 12 bottles, whereas the cost of 15 bottles of Coco-Cola 330ml costs around $27. Some of the factors that contribute to the high price of organic soft drinks are that they have no chemicals and need more labour, the gap between demand and supply, post-harvest handling costs, organic certification, cost of covering higher loss, and organic food grows more slowly, all of which are a cost to the company that eventually leads to an increase in the product cost. Consequently, the high cost is causing a hindrance to the growth of the organic soft drinks market. Cannabidiol and hemp (CBD) are a new category of drinks that are fast-growing among organic soft drinks. For instance, in February 2022, PepsiCo., a US-based food, snack, and beverage corporation, lauched new drink infused with hemp seed under Rockstar brand. The rockstar beverages contain hemp seed oil, spearmint, lemon balm, and a low caffeine content. It contains blueberry, passion fruit, and raspberry cucumber flavours offered in thinner 12-ounce cans. In January 2020, Purity Organic, LLC., an organic food company based in Oakland, CA, acquired Dunn's River Brands, LLC for an undisclosed amount. Through this acquisition, Purity Organic will focus on delivering operational excellence, refreshing the Sweet Leaf Brand, and increasing market share across all its portfolio brands. Dunn's River Brands, LLC., is a USA-based company that produces and distributes organic beverages. Asia-Pacific was the largest region in the organic soft drinks market in 2022. Western Europe was the second-largest region in the global organic soft drinks market share. The regions covered in the global organic soft drinks market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the organic soft drinks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The organic soft drinks market consists of sales of organic juice and juice concentrates, organic soda pop, organic iced tea, organic iced coffee, and other organic soft drinks. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The organic soft drinks market research report is one of a series of new reports from The Business Research Company that provides organic soft drinks market statistics, including organic soft drinks industry global market size, regional shares, competitors with organic soft drinks market share, detailed organic soft drinks market segments, market trends and opportunities, and any further data you may need to thrive in the organic soft drinks industry. This organic soft drinks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional beverages are non-alcoholic drinks that contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. The main types of functional beverages are energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, and others. Energy drinks are beverages or drinks that contain ingredients marketed to increase energy and mental performance. The functions are health & wellness, and weight management and various type of distribution channel are brick & mortar, and online. The global functional beverages market is segmented - 1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Other Types 2) By Function: Health & Wellness, Weight Management 3) By Distribution Channel: Brick & mortar, Online The global functional beverages market size will grow from $131.47 billion in 2022 to $147.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of functional beverages is expected to grow from $224.99 billion in 2027 at a CAGR of 11.1%. Increasing awareness of health issues is anticipated to propel the demand for functional beverages over the forecast period. Functional beverages help to enhance various body functionalities, including the management of heart rate, digestive health, immune system, and weight management, due to the presence of vitamins, minerals, herbs, and amino acids. Consumers are increasingly shifting towards the consumption of functional beverages that contain ingredients to address these specific health issues. According to Packaging Strategies journal, a major change in the beverage industry is moving toward functional beverages as consumers strive to improve their health. Additionally, the rise of clean-label, organic, and non-GMO products is impacting the buying behaviors of consumers. Therefore, consumer preferences for functional drinks over carbonated drinks and fruit juices are projected to drive the demand for functional beverages market over the next few years. Major players in the functional beverages market are Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp., Cloud 9, Nestle. The wide availability of cheaper substitutes such as green tea, coffee, and fresh juice is hindering the growth of the functional beverage market. The prices of functional drinks are comparatively higher than those of carbonated drinks and other available substitutes. Thus, the availability of substitute products is negatively impacting the growth of the market. For instance, dry beverage mixes, which offer functionality, are cost-effective and have low transportation costs. The ingredients in dry beverage mixes provide high nutrients, replacing the need for functional beverages market with low costs. The availability of cheaper substitutes thereby restrains the growth of the market. The manufacturing of low-calorie natural sweeteners and the use of natural colors and ingredients are promoting the growth of functional beverages market. Major players dealing in the industry are adopting various strategies in order to meet consumer requirements. For instance, in April 2021, Manus Bio, Inc., a US-based company operating in natural ingredients, announced the launch of NutraSweet Natural, a plant-based sweetener with zero calories. NutraSweet Natural is produced by isolating the sweetest and purest parts of the stevia leaf, which are incorporated into a proprietary blend to create the exact taste of sugar without the calories while minimizing its environmental footprint. In March 2021, Nestlé S.A, a Switzerland-based multinational food, and drink processing conglomerate corporation acquired Essentia Water, LLC for an undisclosed amount. Through this acquisition, Nestlé S.A aims to strengthen its presence in the functional water segment and to gain a competitive advantage in the market. Essentia Water, LLC is a US-based beverage company. Asia-Pacific was the largest region in the functional beverages market in 2022. Western Europe was the second-largest region in the functional beverages market report. The regions covered in the functional beverages analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the functional beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The functional beverages market consists of sales of energy drinks, sports drinks, enhanced fruit drinks, bottled water, and other functional beverages. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The functional beverages market research report is one of a series of new reports from The Business Research Company that provides functional beverages market statistics, including functional beverages industry global market size, regional shares, competitors with functional beverages market share, detailed functional beverages market segments, market trends and opportunities, and any further data you may need to thrive in the functional beverages industry. The functional beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Convenience, mom and pop stores are stores that provide the retail service of supplying food, toiletries, and other daily 'necessities' to their consumers through conveniently located small stores. The main types of convenience, mom and pop stores are convenience stores and mom and pop stores. A convenience store is a small, generally franchised store that is open for longer hours than the usual store. The convenience, mom and pop stores are taking ownership of retail chains and independent retailers with price ranges of premium, mid-range, and economy. The global convenience, mom and pop stores market is segmented - 1) By Type: Convenience Stores, Mom And Pop Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Price Range: Premium, Mid-Range, Economy The global convenience, mom and pop stores market size will grow from $1,018.42 billion in 2022 to $1,122.22 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of convenience, mom and pop stores market is expected to grow to $1,612.54 billion in 2027 at a CAGR of 9.5%. Convenience, mom-and-pop stores are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. For instance, the global retail analytics market raised$5.1 billion in 2020. With the rapid growth in retail data and the availability of technologies to analyse data, it will become easier for convenience, mom and pop stores to identify and meet the needs and expectations of their customers, which is expected to drive the market going forward. Major companies in the convenience, mom, and pop stores market include Itochu Corp, Seven & i Holdings Co. Ltd., Auchan Holding SA, Casino Guichard-Perrachon SA, SPAR International, Magnit, Amazon.com Inc., Tesco PLC, Love's Travel Stops & Country Stores, and Alimentation Couche-Tard Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the convenience, mom-and-pop store market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the convenience, mom and pop stores market will recover from the shock across the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Convenience and mom-and-pop stores are increasingly adopting the concept of unmanned convenience stores. The unmanned convenience store concept uses artificial intelligence and smartphone concepts to eliminate the use of service personnel or cashiers in the store. The unmanned convenience stores maintain a virtual cart for every customer that enters the stores, where the products are added and removed based on the customer’s actions. The deduction of the amount takes place when the customer scans the product using a smartphone. Following the trend, in January 2022, Omantel launched E-Dukkan, middle east’s first unmanned convenience store. Other unmanned convenience stores include Amazon Go, Alibaba's Hema, and Bingobox. Asia-Pacific was the largest region in the convenience, mom, and pop stores market in 2022. Africa was the second-largest region in the convenience, mom, and pop stores market. The regions covered in the convenience, mom and pop stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the convenience, mom and pop stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The convenience, mom and pop stores market include revenues earned by entities by providing services through kiosks, limited format stores, traditional stores and hyper stores. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The convenience, mom and pop stores market research report is one of a series of new reports from The Business Research Company that provides convenience, mom and pop stores market statistics, including convenience, mom and pop stores industry global market size, regional shares, competitors with a convenience, mom and pop stores market share, detailed convenience, mom and pop stores market segments, market trends and opportunities, and any further data you may need to thrive in the convenience, mom and pop stores industry. This convenience, mom-and-pop stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Food and beverage stores are stores that sell edible product used wholly or partially for human consumption that is raw, cooked, or processed from fixed point-of-sale locations. The main types of food and beverages stores are specialty food stores, beer, wine, and liquor stores. A specialty food store is a retailer that sells food that is only available in a restricted number of locations. The food and beverages stores have ownership by retail chains and independent retailers with price ranges of premium, mid-range, and economy. The global food and beverage stores market is segmented – 1) By Type: Specialty Food Stores, Beer, Wine And Liquor Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Price Range: Premium, Mid-Range, Economy The global food and beverage stores market size will grow from $2,210.65 billion in 2022 to $2,441.19 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of food and beverage stores is expected to grow to $3,525.79 billion in 2027 at a CAGR of 9.6%. The food and beverage stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that global GDP growth was 3.3% in 2020 and 3.4% in 2021. Commodity price recovery following a historical decline is also expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the food and beverage stores market include Woolworths Ltd., Alimentation Couche-Tard Inc., Koninklijke Ahold Delhaize N.V, LVMH Moet Hennessy Louis Vuitton SE, George Weston Ltd., Jardine Matheson, Seven & i Holdings Co. Ltd., Marubeni, Greggs plc, and Lancaster Colony Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverage stores market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage stores market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Self-checkout technology is being widely used in department stores, specialty stores, and small convenience stores to automate payments. Self-checkout systems are integrated with a mobile software application to collect purchase data and to automatically receive payment. They make use of Near Field Communication (NFC) or quick response code (QR code), which is a machine-readable optical label. This eliminates the need for checkouts, queues, loading and unloading, and employees to operate the checkout counter. This type of automation reduces operational costs and saves time spent on manual billing. Self-checkout systems are being used extensively by retail stores in the USA and the UK. For instance, a survey on self-service checkouts in multiple countries found 90% of respondents use self-checkouts, of which Australia and Italy were leading. Wal-Mart has installed 10,000 self-checkout systems in its 1200 stores across the USA. Asia-Pacific was the largest region in the food and beverage stores market in 2022. Africa was the second largest region in the food and beverage stores market share. The regions covered in the food and beverage stores market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food and beverage stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverage stores market includes revenues earned by entities by providing services through restaurants, bars, coffee shops, and banquets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food and beverage stores market research report is one of a series of new reports from The Business Research Company that provides food and beverage stores market statistics, including food and beverage stores industry, regional shares, competitors with a food and beverage stores market share, detailed food and beverage stores market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverage stores industry. This food and beverage stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Non alcoholic - beverages are the drinks that are either totally free from alcohol or that have less than 0.5 percent alcohol by volume (abv). The main types of non alcoholic beverages are coffee and tea, as well as soft drinks and ice. Coffee is a brewed drink prepared from roasted coffee beans, and tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of Camellia sinensis. The products are made available through off-trade channels and on-trade channels. The various categories are mass, and premium. The global non alcoholic - beverages market is segmented - 1) By Type: Coffee And Tea, Soft Drink And Ice 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Coffee, Tea, Soft Drinks, Ice The global non alcoholic - beverages market size grew from $556.01 billion in 2022 to $592.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global non alcoholic - beverages market analysis size is expected to grow to $741.17 billion in 2027 at a CAGR of 5.8%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the American Society of Nutrition, the consumption of sugar-sweetened beverages was highest in Mexico. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products due to the rising population during the forecast period. Major companies in the non alcoholic - beverages market include PepsiCo, Inc., Nestle S.A., The Coca-Cola Company, Coca-Cola European Partners plc, Suntory Holdings Limited, Fomento Economico Mexicano, Red Bull GmbH, Keurig Dr Pepper Inc., Unilever plc, Asahi Group Holdings Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-alcoholic beverage market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-alcoholic beverages market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Increasing health awareness and consciousness among consumers is driving the demand for beverages that provide nutrition, antioxidants, and probiotics. Health beverages support detoxing, weight loss, digestive health, nutrition, and, in some cases, act as meal replacements. For instance, Kombucha, a fermented tea made from a mix of yeast, bacteria culture, sugar, and tea, is increasingly being consumed as a health beverage. According to Beverage Daily, the kombucha market is expected to grow by 25% annually until 2020. To cater to the health beverage market, Pepsi is launching products such as organic Gatorade. The Asia-Pacific was the largest region in the non alcoholic - beverages market share in 2022. Western Europe was the second-largest region in the non alcoholic - beverages market. The regions covered in the global non alcoholic - beverages market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the non alcoholic - beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The non alcoholic - beverages market consists of sales of roasted coffee, coffee concentrates, coffee extracts, flavourings, and syrups, instant tea, blending tea, tea concentrate, herbal tea, tea extracts, carbonated soft drinks, ice flakes, ice cubes, ice nuggets, bottled water, Ready to Drink (RTD) tea and coffee, juices and juice concentrates, functional drinks. The companies in the non alcoholic beverages industry process raw materials into non alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The non alcoholic beverages market research report is one of a series of new reports from The Business Research Company that provides non alcoholic beverages market statistics, including non alcoholic beverages industry global market size, regional shares, competitors with non alcoholic beverages market share, detailed non alcoholic beverages market segment, market trends and opportunities, and any further data you may need to thrive in the non alcoholic beverages industry. This non alcoholic beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.