Increasing Interest in Holistic Health Among Consumers Drives the Market
Additionally, the mood-boosting drinks market is expanding globally, as consumers increasing interest in holistic health continues to grow, market players are developing new product launches and innovations to cater to different consumer preferences and regional tastes. For instance, in September 2023, CENTR Brands Corp introduced CENTR Enhanced, non-CBD, zero-calorie sparkling water that enhances gut health and promotes cognitive performance, and provides quality of sleep and supports memory recall, resulting in market is reflecting a broader trend towards functional beverages that not only taste good but also contribute to mental and emotional well-being.
Increasing Mental Health Awareness and Rising Demand for Natural and Functional Beverages Boost the Market Growth
However, Modern lifestyles are becoming increasingly stressful, with factors such as work pressures, urbanization, and digital connectivity contributing to higher stress levels. Mood-boosting drinks offer a convenient way to manage stress and promote relaxation, contributing to its growth and attractiveness to consumers. Many market players are expanding distribution channel by raising funds. For instance, in April 2022, jimmy cocktail, a low-calorie, non-alcoholic spirit mixer company, raised a fund of 140 million, to expand its global footprint, by rising brand awareness.
Consumers are shifting towards healthier lifestyles and seeking beverages with natural ingredients and functional benefits. Mood-boosting drinks often include ingredients such as adaptogens, herbs, and vitamins known for their calming or energizing effects, many market players are introducing new lines of drinks. For instance, in May 2022, Kin Euphorics expanded the market of mood booster drinks by introducing a new line of boosting rose, packaged with adaptogens, herbs, roots and nootropics, present in strawberry, barrel oak and rose flavour, with organic ashwagandha and sugar and caffeine-free, that helps in elevating mood ease inflammation and reduces stress.
Recent Trends in the Mood boosting drink Market Industry
- Increasing demand for herbs infused drinks that elevate immunity and reduces stress
- Rising demand for organic sugar free sparkling water
- Growing demand for drinks packaged with adaptogens and nootropics
- Increasing customers adoption of natural healthier alternatives of cocktails and mocktails
- Rising cases of depression and stress in population
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High Cost of Sourcing Ingredient and Growing Health Concern Impacts the Market Growth
However, despite of growing consumers interest in natural and functional beverages, some remain doubtful about the effectiveness of mood-boosting drinks, without clear evidence or personal testimonials, convincing a consumer about its benefits can be challenging. For instance, according to NIH report, it states that mood boosting has the potential to cause adverse health issues such as cardiovascular, psychological and neurological and reduce the activity and gene expression of intestinal bacteria.
Furthermore, the cost of specialized ingredients such as adaptogens and botanical extracts, making these drinks less accessible or appealing compared to mainstream beverages, results in hampering of market growth. While functional benefits are crucial, taste remains a crucial factor the ingredients present in these drinks, sometimes impart unfamiliar or bitter flavours, which may discourage consumers acceptance who are familiar to sweeter tastes. In addition, the beverage market is highly competitive, and changing preferences among consumers widely across cultures and regions influence the market growth, with established players and new entrants requiring a strong branding and unique formulation that constantly innovating, stands out in a crowded and resonates with target consumers.
Increasing Consumers Preference for Functional Prebiotic Beverages Expands the Market
Furthermore, increasing consumers preference beyond basic hydration and taste while choosing beverages, seeking functional benefits such as improved mood, enhanced focus, stress reduction, or better sleep quality, which mood-boosting drinks promise to deliver, results in driving the market demand. For instance, in January 2024, Beechcraft launched moods, a fresh fruit tonic, available in refreshing options such as rejuvenate raspberry ginger and energize lemon cherry tea flavours, made from upcycled coffeeberry, filled with inulin prebiotic fibres, with the presence of real fruit, sweeteners and taste, resulting in boosting immune and elevating hydrating electrolytes in body, results in market expansion.
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Growing Awareness About Overall Health Wellbeing Among Consumers Fuels the Market
In Europe, there is a cultural shift towards preventive health measures, where consumers proactively seek products that helps to maintain overall well-being and prevent health issues, due to this many health industries, are introducing products that enhance health and well-being of consumers. Mood-boosting drinks are part of this larger trend, driving their popularity and market expansion.
In Asia-Pacific, increasing consumer prioritizing mental and emotional well-being alongside physical health. Mood-boosting drinks align with this holistic approach by addressing both physical and emotional needs as it includes varieties of drink types, including teas, herbal infusions, sparkling waters, functional juices, and coffee alternatives, formulated to enhance mood and well-being and with the expansion of retail channels and e-commerce platforms providing broader access to consumers enabling easy online purchasing or find them in specialized health food stores, supermarkets, and cafes, drives the market growth.
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Mood-boosting Drink Market Research Report Covers In-depth Analysis on:
- Mood boosting drink market detailed segments and segment-wise market breakdown
- Mood boosting drink market dynamics (recent industry trends, drivers, restraints, growth potential, opportunities in mood boosting drink market industry)
- Current, historical and forthcoming 10 years market valuation in terms of mood boosting drink market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Mood boosting drink market demand analysis
- Mood boosting drink market pricing analysis over forecast period (by key segment and by region)
- Mood boosting drink market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in mood boosting drink market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in mood boosting drink market
- Mood boosting drink market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on mood boosting drink market forecast by countries
- Mergers and acquisitions in mood boosting drink market
- Essential information to enhance market position
- Robust research methodology