The global elderflower drink market is expected to grow at a CAGR of 5.0% from $3.8 billion in 2017 to reach $4.7 billion by 2028, with Europe being the fastest-growing region over the forecast period. The food and beverages segment was estimated to account for 38% of the total revenue share in 2016 and is projected to maintain its dominance during the next five years due to increased interest in healthy lifestyles among consumers globally.
Elderflower is a type of wild flower that has been used for medicinal purposes since the Victorian era. It's often consumed in drinks, but may also be taken as an extract or syrup to treat coughs and colds. Elderberry juice can help with reducing fevers and soothing sore throats while elderflower tea is said to have calming effects on the body.
On the basis of Type, the market is segmented into berries, pears, and others. The berries segment dominates the elderflower drink market owing to its high nutritional value which is responsible for fighting free radicals in the body.
Berry elderflower drink is a fruit juice with added natural flavors. It has no artificial preservatives or colors and contains antioxidants from the berries that are infused into this refreshing beverage. Elderberry flowers contain up to four times as much vitamin C than an orange does which makes them great for fighting free radicals in our body. They also have high levels of potassium and iron which helps regulate blood sugar levels while boosting immunity when taken regularly.
Pear based elderflower drink is a fruit juice with added natural flavors. The pear is an excellent source of vitamin C, fiber, potassium, and folate while being low in calories which makes it a healthy alternative to other drinks such as soda pop. Many people believe pears can help reduce inflammation because they're high in salicylic acid making them perfect for those suffering from arthritis pain relief and chronic joint conditions like gout. They also have been shown to improve digestion by helping break down food more efficiently so your body absorbs fewer carbohydrates, fat, and sugar than if you were unable to do so properly.
On the basis of Application, the global Elderflower Drink Market has been classified into food & beverages and HoReCa (Hotel-Restaurants-Cafes) as well as household categories with each of these segments being sub-segmented further into various applications such as iced tea, chilled drinks, cordials, etc. The HoReCa market is sub-segmented into hotels-restaurants-cafes which includes bars & nightclubs category with each segment being further classified on the basis of beverages served such as mocktails, cocktails, etc. The same year saw this application account for 36% revenue share followed by food service at 26%.
On the basis of Region, the market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in the region is largely driven by China which accounted for a major share of 27% revenue from this application in 2017. The Elderflower drink industry has been witnessing significant growth rates over the years owing to increased demand from emerging markets like China and India along with more health-conscious consumers across Europe.
This growth can be attributed to the rise in health consciousness among consumers coupled with increasing disposable incomes which are driving demand for healthier foods such as juices and smoothies at an increased pace across many regions globally including the Asia Pacific and Europe. In addition, the availability of wellness drinks along with their higher acceptance has also contributed significantly towards this trend over the past few years. Furthermore, an increase in active lifestyle owing to the rising prevalence of chronic diseases like diabetes mellitus amongst population groups has boosted investments.
Up Market Research published a new report titled “Elderflower Drink Market research report which is segmented by Types (Berries, Pear, Others), By Applications (Food And Beverages, HoReCa, Household), By Players/Companies Belvoir Fruit Farms, Bottlegreen Drinks, Ashbolt Farm, FRÃSA BEVERAGES, TEISSEIRE, Folkington'S, FEVER-TREE”.
|Report Attributes||Report Details|
|Report Title||Elderflower Drink Market Research Report|
|By Type||Berries, Pear, Others|
|By Application||Food And Beverages, HoReCa, Household|
|By Companies||Belvoir Fruit Farms, Bottlegreen Drinks, Ashbolt Farm, FRÃSA BEVERAGES, TEISSEIRE, Folkington'S, FEVER-TREE|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||246|
|Number of Tables & Figures||173|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Berries, Pear, Others and By Application Food And Beverages, HoReCa, Household.
Some of the companies that are profiled in this report are:
Elderflower Drink Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Elderflower Drink Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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