Immunity-Boosting Beverages: New Business Opportunity in Today's Time - PowerPoint PPT Presentation

About This Presentation
Title:

Immunity-Boosting Beverages: New Business Opportunity in Today's Time

Description:

Immunity-Boosting Beverages: New Business Opportunity in Today's Time Traditionally, sugar has been ubiquitous in soft drinks as a key ingredient used to bring indulgence to consumers. Nevertheless, challenges stemming from the regulatory front as well as changing consumer attitudes about health are disrupting long-successful sugary drinks. Aside from developing healthier alternatives as well as embracing classic flavours, beverage manufacturer) are offering immunity-boosting beverages. New product variants to support health, including micronutrients like vitamins and probiotics, serve as the new response. (BBGV2162021) – PowerPoint PPT presentation

Number of Views:3
Slides: 6
Provided by: mba2021
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: Immunity-Boosting Beverages: New Business Opportunity in Today's Time


1
Immunity-Boosting Beverages New Business
Opportunity in Today's Time
2
  • Traditionally, sugar has been ubiquitous in soft
    drinks as a key ingredient used to bring
    indulgence to consumers. Nevertheless, challenges
    stemming from the regulatory front as well as
    changing consumer attitudes about health are
    disrupting long-successful sugary drinks. Aside
    from developing healthier alternatives as well as
    embracing classic flavours, beverage
    manufacturer) are offering immunity-boosting
    beverages. New product variants to support
    health, including micronutrients like vitamins
    and probiotics, serve as the new response.
    (BBGV2162021)1. Political and social pressure
    on sugary drinksGovernments in todays time
    have taken tougher measures against sugar amid
    increasing consumption across the region. World
    is set to witness the fastest growth rate in per
    capita volume consumption of food and drinks
    sweeteners amongst all regions in the world
    between 2019-2024. With a compound annual growth
    rate (CAGR) of 0.6 during the same period, this
    figure is predicted to rise from 6.52kg in 2019
    to 6.73kg in 2024. Regulators in the region have
    hence implemented numerous measures to curb
    surging sugar consumption.With sugar intake
    rising, the consumers who are obese has also been
    increasing. Therefore, consumers are turning to
    healthier food and beverage product offerings for
    their own wellbeing. Moreover, COVID-19 has led
    consumers to reinforce their attitudes toward
    everyday health, nutrition, and hygiene. They are
    increasingly concerned with health and wellness
    priorities in their daily life, including a focus
    on immunity to reduce the risk of illness.

3
  • 2. Immune support beverages gain tractionWith a
    pandemic-induced focus on immunity, beverage
    companies are turning to immune support beverages
    as the new direction to go beyond their usual
    approach. According to Euromonitors Voice of the
    Industry Soft Drinks Survey 2020, more than 54
    of professionals recognize the importance of
    immune support and health and wellness beverages
    in impacting sales during the pandemic, which is
    the second most influential factor only behind
    e-commerce and delivery. Euromonitor also expects
    fortified and functional soft drinks to be
    stably expanding with a retail value CAGR of 2
    during 2020-2025.3. Juice and vitamins driving
    immunity-boosting rangeCategories that can
    boost immunity for consumers have hence been on
    the rise. Juice remains one of the main core
    categories positioned to serve consumers for
    immunity boost, due to its health perception as
    vitamin containment. Retail sales of
    not-from-concentrate (NFC) 100 juice is
    projected to hit US1.8 billion in 2020, growing
    at an 8 CAGR between 2020 and 2025 to reach
    US2.9 billion in 2025.

4
  • Beverage makers have thus been actively
    developing new products centered around juice as
    well as health-focused juice smoothies in order
    to get a slice of this growing category and draw
    consumers attention, claiming benefits from
    added vitamins and natural ingredients.4.
    Emerging categories and ingredients for immune
    support beveragesImmunity-boosting
    functionality has now started moving beyond
    juice. Functional water is one of the prime
    examples. New and unique ingredients beyond
    vitamin C or even probiotics have likewise begun
    to strengthen their association with immune
    support beverages. In September 2020, PepsiCo
    announced the launch of Driftwell in the U.S., an
    unsweetened still canned water containing
    blackberry, lavender, magnesium, and 200g of the
    amino acid L-theanine. The launch aims to enhance
    immunity through sleep aid.

5
  • 5. Looking aheadThe rise of immune-support
    beverages provides a new path for beverage
    manufacturers to steer towards a more
    comprehensive product portfolio. Such a trend
    will continue based on what we have observed
    during the pandemic. Consequently, it is crucial
    for beverage companies to understand consumer
    needs about health and indulgence in order for
    such beverages to thrive in the long-term
    post-pandemic.Do you need help? Do you want get
    start immune boosting beverage business?Contact
    Us
  • Address Unit No. 450, Mastermind-1 Premises,
    Royal Palms, Goregaon (E.), Mumbai 400065
  •  
  • Mobile No 91 9137256150
  •  
  •  
  •  
Write a Comment
User Comments (0)
About PowerShow.com