Top 10 Emerging Beverages Set to Dominate the Market in the Coming Years
Top 10 fastest-growing beverage types across the globe:
- Carbonated Drinks
- Juice
- Vegan Milk
- Fermented Cider
- Perry
- Beer
- Nut Wine
- Energy Drinks
- Sake
- Fruit Flavoured Drinks
Each type of beverage is discussed in detail, below:
1. Carbonated Drinks
Carbonated beverages or carbonated drinks are a type of beverage, that contains carbonated infused in it. The carbonated drinks contain carbonated water, with flavors, sweeteners, preservatives, and color. There are various types of carbonated beverages available in the global market, which include soft drinks, sparkling water, and carbonated wines among others. The demand for carbonated beverages in the global market witnessed significant growth during the past few years. The British Soft Drinks Association, in its report, stated that in the United Kingdom, the total production of carbonated drinks in 2023 was recorded at 5,923 million liters, which witnessed a growth of 0.5% from 2022. The agency further stated that in 2021, the total production of carbonated drinks in the nation was recorded at 5,520 million liters, which surged to 5,894 million liters in 2022. In 2021, carbonated drinks witnessed a growth of 6.2%, which increased to 6.8% in 2022.
Carbonated Drinks Production in the UK, millions of Liters, 2021 to 2023
Source: British Soft Drinks Association
2. Juice
Fruit juice or juice is a type of beverage, which are made by extracting the liquid content of fruit and vegetable products. The juice offers multiple health benefits to the consumers it provides higher antioxidants, fiber, and vitamins. The juice products also offer multiple digestive benefits and help in promoting heart health. The increasing consumer preference towards organic and natural drinks products, which include low amounts of sugar and preservatives, witnessed significant growth. The British Soft Drinks Association, in its report, stated that the production of soft drinks in the nation witnessed a growth of 1.7% in 2022 and about 4.3% in 2023. The agency further stated that in 2021, the total production of fruit juice was recorded at 956 million liters, which surged to 973 million liters in 2022. In 2023, the total production of fruit juice in the UK was recorded at 1,014 million liters.
3. Vegan Milk
Vegan milk or plant milk is a form of milk drink, which is made using plant products as raw material. The vegan milks are extracted from water-based plants, which offer a rich taste and flavor. Plant milk is considered the best and most sustainable alternative to milk obtained from various types of animals. Plant milk beverages offer multiple benefits to the consumers, like it contains lower saturated fats, and does not contain any cholesterol. The plant milk also consists of various types of nutrition and vitamins, with no lactose and calories. The global plant milk drink market is expected to witness major growth with the increasing consumer preferences towards vegan food consumption habits.
4. Fermented Cider
Fermented cider is a type of alcoholic beverage, which is made by fermenting apples. Cider also offers multiple health benefits to the consumers, which include lowering the blood sugar content, whereas helping in managing weight. The cider also helps in reducing the risk of heart disease, and it also detoxifies the blood. Cider is commonly consumed in the UK and Ireland. With the increasing consumption of alcoholic beverages in the global market, the demand for fermented cider is expected to grow significantly across the globe.
5. Perry
Perry or pear cider is a fermented pear juice drink, which comes under the alcoholic beverages categories. Perry drink is a type of traditional alcoholic beverage, which is widely consumed in England, Wales, France, Canada, Australia, and New Zealand. Perry drinks witnessed an increase in global demand majorly to the increasing consumer preference towards natural, and unique drinks, that contain lower amounts of artificial sweeteners, and preservatives.
6. Beer
Beer is among the most common types of alcoholic beverages, which are consumed across almost every nation in the globe. Beer is made by fermenting grains, which gives it a unique taste and color. In the global market, various types of beer are available, which include lager, ale, pale ale, witbier, Strout, and pilsner among many others. Beer provides a wide range of health benefits, as it can help in supporting heart health, and aids in kidney stones. The introduction of craft beer, a type of beer which is typically produced in craft breweries, and contains new flavours, helps the global beer market achieve a significant boost.
7. Nut Wine
Nut wines are a form of wine, which is made using various types of nuts, like walnuts and cashew nuts. These type of wines are produced using maceration of organic and green nuts, which ensures rich aroma and fine taste to the beverage. Nut wine is also a form of traditional drink, which is made using different techniques and raw material across different parts of the globe. French Walnut Wine, which is also known as Vin de Noix, is among the most common, and most consumed types of nut wine across the globe. Similarly, in India, the organic cashew nut wine, or cashew apple wine is widely consumed and is expected to witness the rise in its demand in the global market.
8. Energy Drinks/Sports Drinks
A sports drink is a form of functional beverage, which commonly contains electrolytes. Sports drinks offer multiple benefits to consumers, as it helps in enhancing the physical performance of the individual, and helps in regaining the mineral lost in sweat. Sports drinks provide the muscles with a supply of water, energy, and electrolytes, which prevents the cramping of the muscles.
The sports or energy drinks category of beverages witnessed a major demand in the sports and activity sector. The demand for sports drinks witnessed significant growth during the past few years majorly with the introduction of new players in the market. The British Soft Drinks Association, in its report, stated that in the UK, the production of sports or energy drinks category witnessed a growth of about 6% in 2023, whereas a growth of 7.9% was recorded in 2022. The agency stated that in 2021, the total production of sports or energy drinks was recorded at 906 million liters, which surged to 978 million liters in 2022, and 1,037 million liters in 2023.
9. Sake
Sake is a Japanese alcoholic drink, which is made using rice. The Sake drinks consist of around 15% alcohol content and are a form of traditional Japanese drinks. The increasing tourism and introduction of foreign culture and food products are among the major factors that are expected to boost the demand for the sake in the global market, in the coming few years.
10. Fruit Flavoured Drinks
Fruit-flavoured drinks are a type of fruit juice, with a content of fruit juice less than 50% of the total drinks. These types of drinks are mixed with various types of flavors and spices, to create the unique flavor of fruit drinks. The fruit-flavored drinks witnessed a significant growth in global demand with the introduction of various small and regional-based companies, offering a traditional local taste to the global market. For instance, in India, Paper Boat, a beverage products manufacturer, offers a wide range of fruit-flavored drinks, like Swing Juicer, Aam Panna, Slurpy Mango, and Lush Lichee among others.
