Industry Overview of Nitro-infused Beverages Market
Nitro-infused beverages are drinks that undergo a process of infusion with nitrogen gas, resulting in the creation of tiny, carbonated bubbles. This infusion enhances the flavor profile of the beverages and provides a sweeter and more refreshing aroma. Common examples of nitro-infused beverages include coffee, tea, beer, and soft drinks. These beverages have a distinct texture characterized by a rich, thick, and silky mouthfeel with a creamy foam head. The production process involves pressurizing the liquid with a nitrogen tank prior to serving. Nitro-infused beverages generally have a lower acidity level compared to traditional beverages, reducing the risk of stomach discomfort. They are also known to be high in antioxidants, contributing to improved mental and physical performance. Additionally, their naturally enhanced flavor often reduces the need for added sugar or sweeteners. As a result, nitro-infused beverages have gained widespread popularity and are enjoyed by consumers worldwide.
How Big Is the Nitro-infused Beverages Market?
The global nitro-infused beverages market size reached US$ 85.36 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 275.11 Million by 2028 exhibiting a CAGR of 21.09% during 2023-2028.
Nitro-infused Beverages Market Trends and Drivers:
The nitro-infused beverages market is experiencing significant growth due to the increasing demand for ready-to-drink (RTE) beverages worldwide and the rising consumer preference for healthy and low-sugar drink options. Concerns regarding health have prompted consumers to seek out beverages that align with their wellness goals. Furthermore, key market players are introducing new premium products and leveraging social media platforms and celebrity endorsements to promote their offerings, driving market growth. A notable development in the market is the introduction of nitro-coffee products, which enhance the taste and texture of coffee, resulting in a creamy and thick consistency while reducing acidity and bitterness. This innovation appeals not only to coffee enthusiasts but also to non-coffee drinkers. Additionally, the shift in consumer preferences towards non-alcoholic beverages and the increasing availability of nitro-infused beverages through various online sales platforms are expected to further accelerate market growth in the coming years.
Global Nitro-infused Beverages Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Beanly Beverages Private Limited, Bona Fide Nitro Coffee and Tea, Caveman Coffee Company, Funkin Cocktails, H&H Products Company, King’s Row Coffee, La Colombe Coffee Roasters, Left Hand Brewing Company, Lucky Jack Cold Brew Coffee, NITRO Beverage Co., Quivr, RISE Brewing Co., Starbucks Corporation.
The report segmented the market based on region, product and distribution channel.
Product Insights:
Nitro Coffee
Nitro Tea
Nitro Soft Drinks
Others
Distribution Channel Insights:
Supermarket and Hypermarkets
Convenience Stores
Online Stores
Others
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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