Industry Overview of Nitro-infused Beverages Market
Nitro-infused beverages, also known as nitrogen-infused beverages, are carbonated drinks that are infused with nitrogen gas and offer unique and enhanced drinking experiences to individuals. They are widely available as coffee, tea, beer, soft drinks, and water to attract a wide consumer base. They create a smooth and creamy texture and tiny bubbles that provide a cascading effect when poured. They have lower acidity levels and assist in reducing the risk of stomach discomfort among consumers. Besides this, they aid in enhancing the visual appeal of a drink as compared to traditional drinks.
How Big Is the Nitro-infused Beverages Market?
The global nitro-infused beverages market size reached US$ 85.36 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 275.11 Million by 2028 exhibiting a CAGR of 21.09% during 2023-2028.
Nitro-infused Beverages Market Trends and Drivers:
At present, the rising consumer preference for ready-to-drink (RTD) beverages, as they provide convenience, represents one of the primary factors supporting the growth of the market. Additionally, the increasing number of cafes, restaurants, pubs, hotels, and clubs across the globe is strengthening the growth of the market. Apart from this, the growing demand for premium beverages that provide enhanced taste and freshness is positively influencing the market. Moreover, the wide availability of nitro-infused beverages through various distribution channels, such as hypermarkets, supermarkets, convenience, and online stores around the world, is offering a lucrative growth opportunity to industry players. Furthermore, the rising employment of nitrogen-infused beverages, as they assist in extending the shelf life of a drink, is contributing to the growth of the market.
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Global Nitro-infused Beverages Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Beanly Beverages Private Limited, Bona Fide Nitro Coffee and Tea, Caveman Coffee Company, Funkin Cocktails, H&H Products Company, King's Row Coffee, La Colombe Coffee Roasters, Left Hand Brewing Company, Lucky Jack Cold Brew Coffee, NITRO Beverage Co., Quivr, RISE Brewing Co., Starbucks Corporation.
The report segmented the market based on region, product and distribution channel.
Product Insights:
- Nitro Coffee
- Nitro Tea
- Nitro Soft Drinks
- Others
Distribution Channel Insights:
- Supermarket and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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