United States Herbal Beverages Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
The US herbal beverages market has witnessed a significant rise in popularity, driven by a growing consumer interest in healthier alternatives to sugary and artificially flavored drinks. The market is diverse, offering a wide array of products ranging from herbal teas to infused waters and functional drinks. As more consumers seek natural remedies for health concerns, such as stress, digestion, and immunity, the demand for these beverages continues to grow. Additionally, the increasing trend of wellness and self-care has fueled the growth of the market, with more people opting for beverages that align with their health-conscious lifestyles.
Herbal beverages are not only seen as refreshing, but they also offer a variety of functional benefits that appeal to a wide demographic. These drinks are often infused with herbs, spices, and botanicals known for their medicinal properties, such as chamomile, ginger, and peppermint. The rising awareness around the importance of mental health has further accelerated the demand for calming and stress-relieving drinks like chamomile tea, while beverages containing ginger or turmeric are being sought after for their anti-inflammatory properties.
The requirement for herbal beverages across industries is substantial. In the food and beverage industry, companies are continuously exploring new and innovative ways to incorporate herbal ingredients into their products. With consumers increasingly prioritizing functional beverages, manufacturers are looking to introduce products that not only hydrate but also provide specific health benefits. Similarly, the cosmetics industry is tapping into this market, using herbal extracts for creating skincare products, as herbal ingredients are known to offer skin benefits and support overall wellness.
In the wellness industry, herbal beverages are often marketed as solutions for specific health concerns, such as boosting immunity, improving digestion, and enhancing relaxation. With this growing trend, both large-scale producers and small niche brands are capitalizing on the demand for natural, plant-based products. Consumers' increasing preference for sustainable, eco-friendly packaging is also pushing manufacturers to innovate in this space, encouraging a shift towards sustainable production practices.
In summary, the US herbal beverages market is experiencing growth as it caters to the rising consumer demand for healthier, functional drinks. The sector's requirement from industries is rooted in the desire for natural, wellness-focused products that offer specific health benefits. As consumer trends continue to evolve, this market is expected to expand even further, providing ample opportunities for innovation and investment.
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Coca-Cola
PepsiCo
Nestle
Unilever Group
Suntory
Danone
Dr Pepper Snapple
Red Bull
Asahi Soft Drinks
Kirin
Otsuka Holdings
Ting Hsin International Group
Jiaduobao Group
Hangzhou Wahaha Group
Uni-President Enterprises
Nongfu Spring
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Herbal Beverages Market
Herbal Tea
Herbal Infusions
Herbal Extracts
Herbal Syrups
Herbal Beverages with Functional Ingredients
Mint
Lemon
Ginger
Chamomile
Lavender
Bottled Beverages
Canned Beverages
Tea Bags
Loose Leaf Packaging
Ready-to-Drink (RTD) Herbal Beverages
Supermarkets and Hypermarkets
Online Retailers
Specialty Stores
Health Food Stores
Convenience Stores
Health-conscious Consumers
Busy Lifestyles/On-the-Go Consumers
Vegan/Vegetarian Consumers
Organic Product Seekers
Traditional Herbal Consumers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Herbal Beverages Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Herbal Beverages Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Herbal Beverages Market, By Type
6. US Herbal Beverages Market, By Application
7. US Herbal Beverages Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Herbal Beverages Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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