NEW YORK, June 1, 2021 /PRNewswire/ — The beauty drinks market is expected to grow by USD 272.82 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
The beauty drinks market will witness Neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Beauty Drinks Market Participants:
Asterism Healthcare Group
Asterism Healthcare Group operates its business under Unified segment under which the company offers bioavailable liquid and solid dose functional foods and dietary supplements formulated from plant-based compounds, probiotics, advanced peptides, micronutrients, Japanese Kampo, and other functional vitamins and supplements ingredients.The company offers beauty drinks such as collagen drinks for hair, skin, and nail care.
Bode Pro Inc.
Bode Pro Inc. manufactures and distributes health and wellness products in countries such as Canada, Japan, and the US. The company offers beauty drinks such as Bod e Pro Happy, Bod e Strong, and others.
Bottled Science Ltd.
Bottled Science Ltd. offers a skincare drink that boosts the body’s natural production of collagen and hyaluronic acid, hence improving skin’s elasticity and youthful appearance. The company offers beauty drinks such as skinade, that delivers essential micronutrients in liquid form and aims to re-build the collagen matrix in the skin.
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Beauty Drinks Market 2021-2025: Segmentation
Beauty drinks market is segmented as below:
- Collagen Protein
- Vitamins and Minerals
- Fruit Extracts
- Distribution Channel
- North America
- South America
The beauty drinks market is driven by growing prevalence of premature aging. In addition, increasing frequency of new product launches is also expected to trigger the beauty drinks market toward witnessing a CAGR of over 5% during the forecast period.
Get more insights about the global trends impacting the future of beauty drinks market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44326
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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