Ever wondered what's new in the exciting world of tropical drinks? Below, we look at the most recent projections that are engaging customers and transforming the beverage industry.
Tropical drinks have made a significant impact on the beverage industry. They have captivated consumers with their distinctive and revitalizing flavors (The Food Tech, 2021). But what about their characteristics?
1. They include a variety of exotic and tropical flavors that originate from fruits such as:
· Pineapple.
· Mango.
· Passion fruit.
· Watermelon.
· Guanabana, among others.
2. In general, tropical drinks are prepared with natural ingredients such as:
· Fresh fruits.
· Aromatic herbs.
· Tropical spices.
· Super fruits.
In this sense, they are a tempting option for individuals seeking healthier and more natural alternatives.
3. They are the ideal choice for hot climates or when you wish to enjoy a refreshing drink.
4. Furthermore, you can taste them in many ways. They can be served as juices and smoothies, cocktails, or non-alcoholic drinks. Hard seltzers and soft drinks are other options.
5. They have a visually pleasing look. They have vibrant, eye-catching colors that reflect the variety of fruits and ingredients used in their production.
Here are some figures that highlight the above:
· The global beverages market is projected to grow from USD 3.56 trillion in 2023 to USD 4.39 trillion in 2028. Its compound annual growth rate is 4.26% during the period mentioned (Mordor Intelligence, 2023).
· Similarly, the industry expects that the cocktail category will increase at a compound annual growth rate of 12.8% from 2022 to 2030.
· In Europe, imports of citrus and tropical drinks are expected to increase by about 1% per year over the long term (CBI, 2021).
Experts foresee an increase in the availability of fruit drinks containing pineapple, mango, and grapefruit. Additional highlights include:
· In line with the general market trend towards healthier alternatives, there is a shift towards tropical and spicy drinks.
· Also, consumers will move towards a "less is more" philosophy in terms of color, packaging, and beverage design.
· A shift towards functionality, simplicity, and natural alternatives.
· The market for fruit and vegetable-derived components in the United States is expanding dramatically as organic food sales increase.
· There is a growing interest in clear label ingredients, as well as a demand for healthy products (Sabetta, 2023).
· Furthermore, customers prefer dynamic, effervescent flavors and a simpler product presentation (Sabetta, 2023).
In conclusion, the beverage business must recognize and respond to customer trends. Understanding shifting consumer preferences will allow us to build products that satisfy their needs while also distinguishing out in the market. Thus, by offering consumers new experiences that match their preferences the relationship will be strengthened.