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Nitro-Infused Beverages Market

Nitro-Infused Beverages Market

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Nitro-Infused Beverages Market

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  1. 2022 Rising Consumption of Nitro-Infused Beverages Led by Increasing Disposable Income

  2. In 2021, nitro-infused beverages contribute $69.17 million, and it is projected to generate $366.07 million in revenue in 2030, advancing at a rate of 20.3% from 2021 to 2030. It is attributed to the increasing demand for nitro-infused beverages which includes changing consumer preferences, high demand for newly launched products, and growing disposable income of the population.  In addition, customers are required to pay extra for flavored and textured products. Thus, the rising customer preference for these products drives the demand for nitro-infused drinks.  North America captures the largest share of the industry. Europe and the regional industry of North America are predicted to experience rapid growth in the near future. It is ascribed to the presence of key industry players and increased investments in the R&D operations of the company. Along with this, the companies are focusing on launching new products to stay on the competitive edge.  Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/nitro-infused-beverages-market-report/report-sample

  3. In addition, APAC witnesses the fastest growth in the industry. The regional sector is in the initial stage, holding a vast potential for future growth. Companies operating in the nitro-infused drinks industry are focusing on expanding themselves in the region with increased investments. For example, both McDonald's and Starbucks based in the U.S., have entered the APAC to geographically expand themselves and increase their consumer base.  Under the product type segment, coffee captures a significant share of the industry, and it is projected to rise at a rate of 20.7% in the coming years. The use of nitrogen provides the coffee with a thick and creamy texture, along with creating a thick frothy head similar to beer. Moreover, nitrogen gas also reduces acidity and bitterness in coffee. It makes it more appealing for non-coffee drinkers.  Furthermore, the nitro-based soft drinks demand is projected to grow at a significant rate, of 20.9%, in the coming future. It is led by rising soft drink consumption in both emerging and developed economies. It leads to increasing demand for cold brew, and surging buying power of consumers across the world.  Moreover, the usage of nitrogen is rising in the field of mixology. The infusion of nitrogen in the beverages enhances the aromatics and consistency of the beverages. In addition, nitrogen gas is used as a substitute for carbon dioxide, and it offers soft drinks with fizz and numerous other benefits, more specifically for individuals that are likely to suffer from bloating, IBS, or heartburn. 

  4. The rising demand for the ready-to-drink beverage in all regions, more specifically in Europe and North America, and other emerging economies. For canned beverages, the demand for low alcohol volume, and low-calorie offerings is higher.  Moreover, the natural ingredients and sophisticated flavors, along with social media-friendly brand identities help in customizing the ready-to-drink beverages into health-conscious diets.  Browse full report at: https://www.psmarketresearch.com/market-analysis/nitro-infused-beverages-market-report The major companies operating in the industry are Caveman Coffee Co., Nitro Beverage Co., Starbucks Corporation, Monster Energy Company, Left Hand Brewing Co., Rise Brewing Co., and Quivr. Therefore, the increased investments in the research & development operations, along with the shifting rising disposable income of the population boosts the industry growth.  

  5. The research offers market size of the global nitro-infusion beverage market for the period 2017–2030. • Market Segmentation by Product Type • Coffee • Tea • Soft Drink • Others • Market Segmentation by Distribution Channel • Supermarkets/Hypermarkets • Convenience Stores • Speciality Stores • Online Stores

  6. Market Segmentation by Region • North America nitro-infusion beverage market • By Product type/li> • By Distribution Channel • By country – U.S. and Canada • Europe nitro-infusion beverage market • By Product type • By Distribution Channel • By country – U.K., Germany, France, Spain, Italy, and Rest of Europe • Asia-Pacific (APAC) nitro-infusion beverage market • By Product type • By Distribution Channel • By country – China, India, Japan and Rest of APAC • Latin America (LATAM) nitro-infusion beverage market • By Product type • By Distribution Channel • By country – Brazil, Mexico, and Rest of LATAM • Middle East and Africa (MEA) nitro-infusion beverage market • By Product type • By Distribution Channel • By country – Saudi Arabia, South Africa, and Rest of MEA

  7. This study covers 1. Historical and the present size of the Nitro-Infused Beverages Market 2. Historical and the present size of the market segments and understand their comparative future potential 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders 5. Major players operating in the market and their service offerings

  8. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. • For queries related to sales, contact us at: • enquiry@psmarketresearch.com • US/Canada Toll-Free: 1-888-778-7886 • International: +1-347-960-6455 • India: +91 120 4541 337 To know more about us, visit our website psmarketresearch.com

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