Overview and Scope
Ready-to-drink beauty beverages are pre-packaged, convenient beverages formulated with ingredients that promote skin health, hydration, and overall beauty benefits. These beverages typically contain a combination of functional ingredients specifically chosen for their purported beauty-enhancing properties. Ready-to-drink beauty beverages allow consumers to enjoy the beauty and wellness benefits straight from the bottle or container without additional preparation, making them an ideal on-the-go option.
Sizing and Forecast
The ready-to-drink beauty beverage market size has grown rapidly in recent years. It will grow from $1.91 billion in 2023 to $2.13 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to rising awareness of inner beauty, growing youth population, growth of e-commerce, rising demand for convenient beauty solutions, and demand for healthy RTD beverages.
The ready-to-drink beauty beverage market size is expected to see rapid growth in the next few years. It will grow to $3.32 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to expansion of distribution channels, focus on sustainability and clean beauty, growth of beauty subscription services, and adoption of sustainable business practices. Major trends in the forecast period include Product Innovations, Innovative Flavor Profiles, Clinical Research and Efficacy Claims, Global Inspiration and Exotic Ingredients, and Customization and Personalization.
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Segmentation & Regional Insights
The ready-to-drink beauty beverage market covered in this report is segmented –
1) By Form: Powder, Liquid
2) By Flavor: Orange, Raspberry, Hibiscus, Blackberry Mint, Pomegranate, Mango, Cranberry, Lemon, Other Flavors
3) By Ingredient: Collagen, Vitamin C, Biotin, Hyaluronic Acid, Vitamin E, COQ10, Rosmarinic Acid, Zinc, Other Ingredients
4) By Distribution Channel: Hypermarkets Or Supermarkets, Convenience Stores, Specialty Stores, Health And Wellness Stores, Online Retail
North America was the largest region in the ready-to-drink beauty beverage market in 2023. The regions covered in the ready-to-drink beauty beverage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Growing demand for healthier food is expected to propel the growth of the ready-to-drink beauty beverage market going forward. Healthier food refers to food items that are perceived to offer greater nutritional value or contribute to overall well-being compared to other options. The demand for healthier food is increasing as people prioritize nutrition, weight management, and environmental ethics in their food choices. Ready-to-drink beauty beverages are a convenient and beneficial addition to a healthy diet, providing hydration, nutrients, and support for skin health. For instance, in May 2022, according to the report published by NIQ, a US-based consumer intelligence company, sales of health-aligned products, including over-the-counter remedies and nutritional or healthier food and drinks, experienced significant growth in the United States, with a 31% increase from 2020 to 2021. Therefore, the growing demand for healthier food is driving the growth of the ready-to-drink beauty beverage market.
Key Industry Players
Major companies operating in the ready-to-drink beauty beverage market are Nestlé S.A., Johnson & Johnson, PepsiCo Inc., Procter & Gamble Company, The Coca-Cola Company, L’Oréal S.A., Danone S.A., Henkel AG & Co. KGaA, Kimberly-Clark Corporation, Colgate-Palmolive Company, Chanel S.A., Kao Corporation, Beiersdorf AG, Amway Corporation, Shiseido, Natura & Co., Coty Inc., Herbalife Nutrition Ltd., Avon Products Inc., Mary Kay Inc., Groupe Yves Rocher, Revlon Inc., Elizabeth Arden Inc., Oriflame Cosmetics Global SA, Groupe Clarins
The ready-to-drink beauty beverage market report table of contents includes:
- Executive Summary
- Ready-To-Drink Beauty Beverage Market Characteristics
- Ready-To-Drink Beauty Beverage Market Trends And Strategies
- Ready-To-Drink Beauty Beverage Market – Macro Economic Scenario
- Global Ready-To-Drink Beauty Beverage Market Size and Growth
- Ready-To-Drink Beauty Beverage Market Segmentation
- Ready-To-Drink Beauty Beverage Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Ready-To-Drink Beauty Beverage Market
- Ready-To-Drink Beauty Beverage Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Ready-To-Drink Beauty Beverage Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Ready-To-Drink Beauty Beverage Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Ready-To-Drink Beauty Beverage Market, Segmentation By Ingredient, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Nestlé S.A. Financial Performance
Table 76: Johnson & Johnson Financial Performance
Table 77: PepsiCo Inc. Financial Performance
Table 78: Procter & Gamble Company Financial Performance
Table 79: The Coca-Cola Company Financial Performance
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