Flavored Dairy Market Estimated to Flourish by 2024

persistencemarketresearch

The dairy products are produced from the milk of mammals such as cattle, buffalo, goat, sheep, and camel. Flavors are used in the dairy product either to alter or to improve the taste by adding a particular ingredient. Flavored dairy products are the source of calcium and vitamin D, Vitamin B2, B3 and B12. The Milk and Cheese segments are collectively expected to dominate among product type segment of the global flavored dairy market.

Owing to the rise in consumer preference for chocolate, vanilla and strawberry flavors in the dairy products, these three segments are collectively anticipated to lead among the flavor type segment. On the other hand, food and beverage industry is expected to hold maximum market share in terms of value and volume among the end use industry segment. The global flavored dairy market is anticipated to witness significant CAGR during the forecast period.

Factors expected to drive the demand are increasing consumer disposable income, and increase in consumer awareness regarding healthy benefits of the flavored dairy products. Furthermore, change in lifestyles and taste preferences of the consumer is expected to propel the demand for flavored dairy products. Also, growing food and beverage industries is anticipated to fuel the demand for flavored dairy products.

However, reduced milk trade in some countries Argentina and Brazil is expected to limit the growth of the global flavored dairy market.

Based on the geographies, the global flavored dairy market is segmented into five key regions, namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia pacific is anticipated to hold the maximum market share in terms of revenue among the regions.This is due to the increasing demand for flavored dairy products such as milk, yogurt, buttermilk, shrikhand, and basundi in India, China, and Indonesia. Owing to the presence of the large number of dairy product manufacturers in Switzerland, France, Germany, and the UK, increase in consumer disposable income, and rise in consumer demand for flavored dairy products, the Europe flavored dairy market is expected to witness healthy CAGR over the forecast period. North America is expected to exhibit lucrative growth for flavored dairy market owing to the increase in R&D, production and consumer demand for cheese and yogurt in Canada. The U.S.

dairy industry is sixth largest in the world in terms of milk production, hence it is expected to contribute favorably to the North America flavored dairy market. Latin America and MEA are anticipated to show modest growth rate throughout the forecast period. This is attributed to the rise in health awareness and demand for nutritious and healthy food, and changing lifestyle in Brazil, GCC countries, and South Africa.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.

Fabric Based Computing Market to Witness Robust Expansion Throughout the Forecast Period 2017 – 2025

persistencemarketresearch

The global payment industry is enormously competitive environment with IC, POS terminal, pay card reader and smart card competing for profitable high capacity business in a market. The pay card reader is a machine that has the potential to read debit and credit cards, either via a magnetic band or chip and pin technology. Pay card readers comprises of a pin that links to a mobile device via audio jack. Some of the pay card readers can also be allied wirelessly either by utilizing NFC technology or bluetooth.

The pay card reader has showcased an upliftment in its growth over the past few years all across the globe and is anticipated to expand at a significant CAGR during the forecast period. It has been noticed that on-going switching to Euro pay, MasterCard and Visa and other chip based standards are escalating the market further with diffusion of smart acceptance devices growing every year. Rising awareness about the technology is likely to bolster the growth of the market from 2016-2022.

Some of the major factors driving the growth of global pay card reader include rising penetration of tablets and smartphones all across the globe. Smartphones market have observed robust growth and is anticipated to escalate at a significant pace over the next few years. Apart from this, the recent transformation from cash and cheque to electronic and mobile payments will expand the growth of global pay card reader market in future. Apart from this, favorable government policies, rising number of smartphone base as well as large number of micro and small merchants is anticipated to intensify the growth of global pay card reader market during the projected period.

North America captured the highest share in the global Pay Card Reader market. North American market dominated the global pay card reader over the past few years followed by Europe and Asia-Pacific. Faster adoption of this technology in Asia pacific region especially in Japan, India and China over the next few years due to favorable economic conditions is expected to boost the growth of global pay card reader market during the forecast period.

The major players identified across the value chain of global Pay Card Reader market include Square Inc., PayPal Inc., Infineon Technologies AG, CPI Card Group Inc., NXP Semiconductors, First Data Corporation, and others. It has been noticed that Square Inc. captured the highest market share in the revenue terms in the global pay card reader market in 2015. Square generates around 95% of its revenue from payments and point of scale devices. The key vendors are expected to enter into various business strategies in order to expand the business portfolio and to mark their significant presence in global pay card reader market.

Natural Health Supplements Market to Reach a Valuation of US$ 68 Bn Revenues during 2016-2024

persistencemarketresearch

In various parts of the world, health supplements are included as a part of a diet that beholds higher nutritional value. The status of these health supplements also plays a key role in their sales. A majority of consumers will prefer that these nutritional ingredients get derived from natural or organic sources. Persistence Market Research’s recently published study explores the global market for natural health supplements, projecting how the demand for natural health supplements will shape up in the years to come. And, the crux forecast of Persistence Market Research’s report goes – “In 2016, global natural health supplements market was estimated to be valued at US$ 36,803.52 Mn; which is assessed to increase at a CAGR of 8.0% to reach US$ 68,140.05 Mn by the end of 2024.”

Escalating global clout of e-commerce platforms and digitalization trends are also observed to be key boosters for the market’s growth. The report also expects manufacturers of health supplements to remain inclined towards formulation of natural health supplements having holistic benefits. Companies such as Herbalife International Inc., Omega Protein Corporation, Archer Daniels Midland Company, Evonik Industries AG, Amway Corporation, The Nature’s Bounty Co., Naturex SA, Blackmores Limited, United Naturals Food, Inc., and Nutraceutical International Corporation are recognized as key manufacturers of natural health supplements in the world.

The report also projects higher contribution of Asia-Pacific (APAC) region to the global natural health supplement revenues. In 2017 and beyond, the APAC natural health supplement market will register fastest revenue growth and exhibit a value CAGR of 8.5%. North America will also be a lucrative region for natural health supplement businesses during the forecast period. By 2024-end, over US$ 22 Bn worth of natural health supplements will be consumed across the US and Canada.

Considering the demographics of consumers for natural health supplements, women consumers will remain key targets for manufacturers. Towards the end of 2021, a little over 40% of the world’s natural health supplement revenues are projected to be accounted by women consumers. Product offerings and future developments of natural health supplement manufacturers are, thus, likely to remain direct towards attracting – firstly women, and then senior citizens.

Sports & nutrition applications of natural health supplements are also projected to bring in higher revenues, procuring over one-fourth share of global revenues throughout the forecast period. Demand for natural health supplements will also gain traction in bone & joint support and weight management applications.

While mass merchandize will be observed as the largest sales channel for natural health supplements, revenues accounted by direct sales and natural & health food sales outlets will register impressive growth at 8.2% CAGR. In addition to this, key findings from the report also estimate that during the course of forecast period, more than 80% of natural health supplements produced in the world will be derived from plant and marine sources, with both these segments contributing with nearly-equal shares. Natural health supplements in the form of tablets are presently in great demand, but are expected to lose traction during the forecast period. By end of 2024, demand for natural health supplements in the form of capsules and softgel will have increased, registering value CAGRs of 8% and 8.5% respectively.

Botanical Supplements Market is Appraised to be Valued US$ 68,724 Mn By 2025-end

persistencemarketresearch

Botanical supplements fall under dietary ingredients that are prepared using plants or plant parts. These supplements are valued for their medicinal or therapeutic properties as well as flavor and scent. Manufacturers are laying emphases on launching products with new and unique flavors. The focus is on introducing products that offer various health benefits in order to sway consumers who are highly health conscious. Persistence Market Research (PMR) in its report titled “Botanical Supplements Market: Global Industry Analysis and Forecast, 2017–2025” has offered a detailed analysis of the global botanical supplements market.

Consumers often look for dietary supplements that can offer holistic benefits when consumed rather than any specific benefits. Hence, many of the food brands are now offering products that contain botanical supplements owing to their holistic properties. This, in turn, is expected to drive the demand for botanical supplements to a certain extent. Moreover, manufacturers are also concentrating on developing customized products in an attempt to create exclusivity. Also, liberal regulations for manufacturing of botanical supplements encourage market players to experiment with their existing products, as they are not under any serious obligation to provide efficacy data. Liberal regulations pertaining to herbal/botanical supplements has led to the introduction of more products over the years.

As per PMR’s study, the global botanical supplement market is projected to reach a valuation of US$ 37,950 Mn by 2017-end. In terms of revenue, the market is set to witness a CAGR of 6.9% during the forecast period. Factors such as inclination of consumers towards naturally derived products and increasing health awareness will be majorly accountable for this growth.

Among regions, Europe is the largest market for botanical supplements, followed by North America. In 2016, the market in Europe stood at around US$ 11,385 Mn. Meanwhile, in Asia Pacific, countries such as China and India will continue to represent lucrative market opportunities. Manufacturers in this region are generating significant sales revenue from selling new botanical supplements. Towards the end of 2025, the market in Asia Pacific is estimated to reach a valuation of US$ 16,926.6 Mn, reflecting a CAGR of more than 6%.

PMR in its report has profiled some of the leading companies operating in the global market for botanical supplements, which include Amway corporation, Nutraceutical International Corporation, Blackmores Limited, Naturex SA, The Nature’s Bounty Co., Herbalife International, The Himalaya Drug Company,

Bio-Botanica, Inc., Dabur India Limited, Integria Healthcare Pty Ltd., Nature’s Way Products, LLC., The Bioforce Group, Ricola AG, Bionorica SE, Biovontade Sarl, Bio Tae Extratos Vegetais Ltda., The Patanjali Ayurved Limited, Jiaherb Inc., Nutra Green Biotechnology Co. Ltd, Medico Herbs, Phytomed Herbal Solutions.

Cage Free Eggs Market is Expected to Expand US$ 6,559.1 Mn by the end of 2025

Persistence Market Research presents analytical insights into the global cage free eggs market in a new report titled “Cage Free Eggs Market: Global Industry Analysis (2012-2016) & Forecast (2017-2025),” touching upon key aspects such as drivers, trends, opportunity areas, and a global market forecast on the basis of color, size, and region. According to Persistence Market Research forecasts, the global cage free eggs market is estimated to record a market valuation of US$ 4,541.0 Mn by 2017 end and is likely to witness a CAGR of 4.7% during the forecast period, to be valued at US$ 6,559.1 Mn by the end of 2025. Growing number of cage free commitments from various food manufacturers and food service providers is expected to fuel market growth. Further, an increasing consumer concern towards product origin as well as animal welfare is also anticipated to boost the growth of the global cage free eggs market.

The global cage free eggs market is segmented on the basis of color into Brown and White. Brown cage free eggs are likely to dominate the global market in terms of consumption and the brown segment will hence show increased revenue growth. Persistence Market Research predicts that the brown segment will hold the maximum market share throughout the forecast period, reaching a huge value share in excess of 85% by the end of 2025. The brown segment is estimated to reach a market valuation of US$ 5,653.4 Mn by 2025 end, registering a growth rate of 5.1%. This segment is expected to represent absolute $ opportunity of US$ 159.8 Mn in 2017 over 2016 and an incremental $ opportunity of US$ 1842.5 Mn between 2017 and 2025.

The global cage free eggs market is segmented on the basis of size into Medium, Large, Extra Large, and Jumbo. Large size cage free eggs are the choice of consumers in key markets and this probably explains why the large segment is slated to dominate the global cage free eggs market. The large segment is estimated to be valued at US$ 2,899.8 Mn by the end of 2025 and register a CAGR of 5.4% during the forecast period.

The global cage free eggs market has been tracked across the key geographies of North America, Latin America, Europe, APAC, and MEA. Europe is anticipated to be the dominant regional market, holding an estimated value share in excess of 40% by the end of 2025. Europe is predicted to be the highest growing market followed by North America. The North America cage free eggs market is expected to represent absolute $ opportunity of US$ 49.1 Mn in 2017 over 2016 and an incremental $ opportunity of US$ 601.3 Mn between 2017 and 2025.

The report profiles some of the key players operating in the global cage free eggs market such as Eggland’s Best LLc, Cal Maine Foods, Inc., Herbruck’s Poultry Ranch, Inc., Rembrandt Enterprises, Rose Acre Farms, Hillandale Farms, Trillium Farm Holdings, LLC, Midwest Poultry Services, L.P., Hickman’s Family Farms, Sparboe Farms, Weaver Brothers, Inc., Kuramochi Sangyo Co., Ltd., Granja Agas S.A., Pazo de Vilane S.L, Farm Pride Foods Limited, Avril Group, The Lakes Free Range Egg Company, Lintz Hall Farm Limited, Sunny Queen Farms Pty Ltd., and St Ewe Free Range Eggs LLP.

Wearable Digital Walkietalkie Market is Expected to Exceed US$ 43.5 Mn by 2021

According to the latest market report published by Persistence Market Research titled “Global Market Study on Wearable Digital Walkie-Talkie: Asia-Pacific to Witness Highest Growth by 2021”, the global wearable digital walkie-talkie market is expected to account for US$ 8.0 Mn by the end of 2015, and is anticipated to expand at a CAGR of 32.6% between 2015 end and 2021 to account for US$ 43.5 Mn. In terms of volume, production of wearable digital walkie-talkie is expected to be 80.0 thousand units by the end of 2015 and is expected to reach 543.2 thousand units by 2021, exhibiting a CAGR of 37.6%.

The global wearable digital walkie-talkie market is expected to witness significant growth during the forecast period. Augmented disposable income, growing wearable electronics market and expanding organized retail sector are some of the major factors expected to drive market growth. Growing demand for hands-free wearable digital walkie-talkies, increasing independence from other devices, smartphone networks or Wi-Fi connections, growing emphasis on the usage of low radio frequency walkie-talkie devices in order to avoid regulatory restrictions and increasing shift in preference for small-sized wearable digital walkie-talkies are some of the major trends observed in the global wearable walkie-talkie market.

The global wearable digital walkie-talkie market has been segmented into five major regions, namely, North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa; of these, North America is estimated to dominate the market, accounting for over 67% market share by the end of 2015. Europe is estimated to rank second, accounting for over 15% market share by the end of 2015, followed by APAC with over 8% market share. Asia Pacific is anticipated to be the fastest growing region in the wearable digital walkie-talkie market over the forecast period.

On the basis of application, the market is segmented into general consumer applications and public institution applications. The general consumer segment is further sub-segmented into personal, in-store, tourism, commercial and training applications. On the other hand, public institution segment is further sub-segmented into military and law enforcement (police force & prison) applications. The general consumer segment is estimated to account for over 90% share of the global wearable digital walkie-talkie market by the end of 2015 and is expected to remain dominant throughout the forecast period. Various applications of wearable digital walkie-talkie devices, such as store activity, commercial activity, training activity and personal activity, are expected to drive their demand over the next five years. The public institution segment is estimated to account for over 9% share of the global wearable digital walkie-talkie market by the end of 2015.

Key players in the global wearable digital walkie-talkie market that have been covered in the report are STARNEX Co., Ltd., OrionLabs, Inc., Theatro and AWIRE Technology Corp.

Residential Robotic Vacuum Cleaner Market on Track to US$ 2,475.0 Mn by 2021

According to the latest market report published by Persistence Market Research, titled “Global Market Study on Residential Robotic Vacuum Cleaner: Europe to Be the Most Lucrative Region throughout the Forecast Period”, the residential robotic vacuum cleaner market is estimated to be valued at US$ 1,255.0 Mn by the end of 2015 and is anticipated to expand at a CAGR of 12.0% from 2015 to 2021 in terms of value, to account for US$ 2,475.0 Mn by 2021.

Robotic vacuum cleaners commonly called robovacs, are mainly used for cleaning residential spaces, such as floors, pools, and gutters. The device comprises a mobile base, cleaning system, programming software, batteries, and other accessories. Robovacs use intelligent sensors to clean tight corners and hard-to-reach surfaces. It is equipped with various advanced features such as laser vision, room mapping, self-charging and others to offer convenience to users.

The global residential robotic vacuum cleaner market is expected to witness significant growth during the forecast (2015–2021). Various factors such as growing demand for automated cleaning, increasing consumer inclination towards various types of cleaning products and rising disposable income. Trends that follow with the growth of residential robotic vacuum cleaner market include growing product innovation, increasing R&D expenditure by key market players and growing number of market players. In terms of value, the global residential robotic vacuum cleaner market is expected to expand at a CAGR of 12.0% from 2015 to 2021, to be valued at US$ 2,475.0 Mn by 2021. In terms of volume, production of residential robotic vacuum cleaner is expected to be 1,913.5 thousand units by the end of 2015 and is expected to reach 4,783.0 thousand units by 2021, exhibiting a CAGR of 16.5%.

On the basis of robot type, the global residential robotic vacuum cleaner market is segmented into an in-house robot and outdoor robot. In terms of value, the in-house robot segment is expected to account for 83.3% share of the global residential robotic vacuum cleaner market by the end of 2015 and is anticipated to expand at CAGR of 9.9% during the forecast period. In terms of volume, the in-house robots segment stood at 1,309.1 thousand units in 2014.

On the basis of mode of charging, the global residential robotic vacuum cleaner market is segmented into manual charging and auto battery charging segments. In terms of value, the manual charging segment is expected to expand at the highest CAGR of 12.0% during the forecast period, while the auto battery charging segment is expected to be valued at US$ 1,775.6 Mn by 2021.

The report provides in-depth information about various factors and trends affecting each segment and provides analysis and insights about the potential of the residential robotic vacuum cleaner market in specific regions. On the basis of region, the global market of residential robotic vacuum cleaner market is segmented into five regions; among these, Europe is expected to dominate the market, accounting for 44.6% value share by the end of 2015 and it is expected to remain dominant by 2021. However, the Middle East & Africa market is anticipated to expand at the highest CAGR during the forecast period.

Key market players in global residential robotic vacuum cleaner market include iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Dyson Inc., Ecovacs Robotics, Inc., Hayward Industries, Inc., Philips Electronics N.V, Samsung Electronics Co., Ltd., Pentair plc and Milagrow Business & Knowledge Solutions (Pvt.) Limited. Key market players are focusing on product innovation to offer advanced products to consumers. For example, in September 2015, iRobot Corporation launched Roomba 980 vacuum cleaning robot. It is the company’s first robotic vacuum cleaner to combine adaptive navigation with visual localization, cloud-connected app control and enhanced cleaning power on carpets.

Endpoint Protection Market to Witness Robust Expansion Throughout the Forecast Period 2017 – 2025

In today’s IT-driven world businesses are spreading worldwide, these global businesses are connected via computer and other endpoint terminals. Hence, endpoints being the crucial part of all the networks need to protect has risen. Day by day rise in frequency of unknown attacks on endpoint is growing which has leads the requirement of implementing the security majors for enterprises as endpoint protection solutions. Endpoint protection is the process of securing endpoints of the businesses or any other systems network endpoints also the remote devices used in organizations from viruses, trojans, malware, other threats, such as zero-day malware and advanced persistent threats. The use of wireless devices such as tablets, mobiles, laptops, etc. in the business operations and daily work associated with the computer networks is providing the routes for the threat parameters to enter into the network endpoints this has generated the demand to develop the solutions to protect the networks of the business. All the industry verticals, households, businesses, etc. are using connected networks to access global data from their endpoints using internet services via wireless and cable connected networks because of this connections

In the recent years factor such as the adoption of new practices in enterprises as remote or mobile employees and usage of BYOD (Bring Your Own Device) has led in decreasing the enterprise network security parameter, which leads the demand for endpoint security solutions. The rise in awareness about the endpoint protection solutions in small, medium and large enterprises is going to push the demand for this solutions. The increased issues in network endpoints protection such as targeted attacks on endpoints, data loss or theft from endpoints has risen drastically in recent years this factor is going to increase the demand for implementing the endpoint protection solutions globally. Also the loss of enterprise network security parameter due to

The global market for endpoint protection is segmented on the basis of by Solution, Vertical, deployment type, and Region. On the basis of solution the endpoint protection market is divided into anti-virus, antispyware/antimalware, firewall, endpoint device control, intrusion prevention, endpoint application control. On the basis of verticals type the market is segmented into BFSI, government, IT & Telecommunication, Healthcare, Education. On the basis of deployment type the market is segmented into cloud-based endpoint protection, on-site hosted and virtualized environment. Regionally, the global market for endpoint protection is divided into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

The global endpoint protection market is divided into seven regions as North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. Among the given regions, North America region is expected to dominate the global market for endpoint protection due to the highest presence of endpoint protection solution providers in this region followed by Eastern Europe. The developing regions such as APEJ and Japan are predicted to grow at the highest CAGR owing to the rapid industrialization going on in the countries such as India and China followed by MEA region.

The major vendors in the endpoint protection market solutions providers include Symantec Corporation, IBM(International Business Machines Corporation), Intel Security, Cisco Systems, Inc., Trend Micro, Sophos, Carbon Black Inc. and Kaspersky Labs. These are the global provider of the endpoint security solutions. These companies consistently focus on delivering an advanced features for customers in their endpoint protection solutions. For instance, In October 2016 IBM and carbon black combined their endpoint protection solutions as, IBM BigFix and Carbon Black’s security professionals which help their customers in identifying and solving the endpoint exploits for threats to their particular organizations

Advanced Sensor Market to Witness a Healthy Y-o-Y Growth during 2016 – 2022

Sensor is a device or an element made for a purpose to detect an occurrence of any event or change in the environmental condition and if found, provide a corresponding output. Broadly, sensor is a transducer which intakes one kind of energy (mostly optical & electrical) to operate & gives different types of output. Today sensors are being used in everyday life in every electronic product and with the advancement in technologies, the demand of instrumentation and automation has been increasing over the years and expected to grow further in the upcoming future with highest possible demand. Advanced sensors are the smart sensor which is grouping of simple sensor and meddling circuits, Advanced sensors are basically used for digital application i.e. for the conversion of analog to digital and it can be used through various industries such as industrial, consumer electronics, medical, automotive, security & defence and entertainment because of increasing use of process controls and sensing element in this sectors.

The consistent increasing demand of advanced sensor market has continuously been increasing globally and expected to grow with CAGR in double digits & the same scenario might be seen for next six to seven years in global advanced sensor market.

For last some years, demand for advanced sensors have been increasing in the consumer electronics and automobile vehicle like Cars, trucks, buses, use of advanced sensor is also increased in laptop, smartphones and other smart devices with touch screen display, which are coming out as new trends for advanced sensor market. The key growth drivers of global advanced sensor market are increased adoption of advanced sensors in various industries like healthcare, logistic, and defence, need for advanced security solutions in the automobiles, drastic rising demand of advanced sensor in industrial applications in order to save energy, increased demand in military application for target detection as in drone and aircrafts. These are some other drivers support the growth of global advanced sensor market. On the other hand high replacement as well as deployment cost, lack of privacy, lack of customization & its complexity are some of the restraints responsible to hinder the growth of global advanced sensor market.

Market segmentation for advanced sensor is done on the basis of application, type and region. On the basis of application, global advanced sensor market is segmented into automobiles, industrial, infrastructure, consumer electronics, food and beverages, medical, and avionics application. In industrial applications advanced sensors are used for the collection and processing of information, also advanced sensors have evolving application for pollution control in industrial sector, in Automobile applications advanced sensors are widely used for safety purpose, collision avoidance system for vehicles is an example of this application, in aerospace application, advanced sensors are used for traffic alert system.

By types, global advanced sensor market can be segmented into flow sensors, smart temperature sensor, touch sensors, smart position and sensor turbidity sensor and others.

Geographically, advanced sensor market is segmented into seven regions which are; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). Western Europe region is dominating the global advanced sensor market whereas Asia-Pacific is ranked as fasted growing market because of rapid industrialization pace, strengthening manufacturing activity, and strong economic development especially in India and china.

The key players of global advanced sensor market are ABB LTD., Honeywell International Inc., Eaton, Baumer Customer Sensor & Technologies Inc., Balluf Inc. Analog Devices Inc., Eaton Corporation Plc., Infineon Technologies AG, NXP Semiconductors, Emerson Process Management and others.

Asia Pacific Non Alcoholic Beverages Market on Track to US$ 650 Bn by 2027 end

The growing popularity of non-alcoholic beverages across the world has prompted the study of this market at a microscopic level. Persistence Market Research presents a comprehensive evaluation of the global non-alcoholic beverages market in a new report titled “Non-alcoholic Beverages Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2027)” that presents useful insights on the performance of the global and regional markets over a 10 year forecast period from 2017 to 2027.

The report also throws light on the factors likely to influence the consumption of non-alcoholic beverages and subsequently market revenue growth during the period of study. For ease of understanding, the report segments the global non-alcoholic beverages market on the basis of product type, source, packaging, distribution channel, and region.

The global non-alcoholic beverages market has been segmented by product type into Carbonated, Non-Carbonated, RTD Beverages, Hot Drinks, Sports & Energy Drinks, and Specialty Drinks; on the basis of source into Fruits, Vegetables, Cereals, Tea, Coffee, Milk, Cocoa/Chocolate, Plant Extracts/Herbal Extracts, Microbial Extracts, Nuts, Soybean, Floral Extracts, Colorants, Sweeteners, Flavors, Preservatives, CO2, and Water; on the basis of packaging into Bottles, Metal Can, Liquid Carton, Slim Plastic Containers, Pouch, Tetra Pak, Sachet, and Takeaway Cups & Tumblers; and on the basis of distribution channel into Hypermarket, Supermarket, Convenience Stores, E-commerce, and Others.

Hot Drinks is the largest product type segment in the global non-alcoholic beverages market, with an estimated market share of just under 60% by the end of 2027. Among the hot drinks, the Coffee segment is slated to witness significant growth and a high CAGR during the forecast period.

Water is the largest source of non-alcoholic beverages production, with an estimated market share of more than 20% during the forecast period. Fruits is the second largest segment by source, anticipated to hold just under 20% value share during the period of assessment.

In terms of packaging, the Bottles segment is expected to lead the global non-alcoholic beverages market with a projected market share of more than 55% by the end of 2027. The Bottles segment will gain an impressive 280 basis points in market share in 2027 over 2017.