The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMay 2013
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Regional variations in beverage demand and market performance can be quite considerable and this has significant implications for ingredients supply. This report provides an overview of the market for beverage ingredients, with particular reference to the differing needs of different regions around the world, examining key trends and developments in each of the seven major continental areas and highlighting the best opportunities for future growth.
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Asia Pacific is the fastest growing market for the 13 key beverage ingredients, with a forecast CAGR of 6.4% from 2011-2016, just ahead of the Middle East and Africa with 5.6%. In contrast, the most developed regions will grow at CAGRs of under 1%.
International distribution is vital to large ingredients firms in order to satisfy the needs of the world’s multinational beverage manufacturers, but a local presence is also key to understanding regional needs and to targeting innovative SMEs.
Developing markets demonstrate strength in depth for beverage ingredients. Total volumes are still growing strongly, ensuring continued demand for commodities, while tastes are diversifying, prompting rising interest in more value-added options.
Latin American markets are influenced by trends in North America, so future growth is expected in natural and healthy ingredients. Some strength remains in commodities, as the young population increases overall beverage consumption.
Health and naturalness are core issues in North America and Western Europe, and will have most influence on future ingredient development. The best opportunities will lie in new and innovative ingredients, and in new-generation end-use markets.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.