New Research: Lucintel Predicts a Bright Future for Beverage Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Beverage Market”?

This market report for beverage identifies and predicts future opportunities for growth in global beverage industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for beverage in the alcoholic and non-alcoholic beverages.

According to Lucintel’s market report, the global beverage market is expected to reach an estimated $1.9 trillion by 2021 and is forecast to grow at a CAGR of 3.0% from 2016 to 2021. Some of the dominant players in the global beverage market are Anheuser-Busch InBev NV, Coca-Cola, PepsiCo, Inc., Diageo plc, and Heineken Holding NV.

There are some interesting developments in global beverage market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include the use of natural flavors and sweeteners to meet consumer health concerns, and increased interest in exotic drinks.

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