Categories: Press Release

Cascara Based Drinks Market Size is estimated to reach $1.2Billion By 2030: IndustryARC

The Global Cascara Based Drinks Market size is forecasted to reach $1.2billion by 2030, growing at a CAGR of 10.2% over the forecast period 2024-2030 according to the latest market research report published by IndustryARC. The increasing consumer demand for sustainable and unique beverage options is a major driver and the growing awareness of the potential health benefits of cascara, including antioxidants and caffeine content, is spurring market expansion, attracting health-conscious consumers seeking functional beverages are fueling the growth of the Cascara Based Drinks Marketover the forecast period, finds IndustryARC in its recent report, titled “Cascara Based Drinks Market Size, Share & Trends Analysis Report By Type (Cascara Tea, Ready to drink Beverages, Syrups and Others), By Ingredients (Single-Origin Cascara, Blended Cascara and Organic/Natural), By Flavor (Fruity, Spiced, Earthy and Others), By Packaging (Bottle, Tin, Tetra Pak cartons and Others), By Preparation Method (Cold Brew Cascara, Carbonated, Concentrates, Carbon free and Others), By Application (Mixers for Cocktails, Dessert Pairings, Functional Beverages, Iced Beverages and Others), By Sales Channel (Online Stores, Supermarkets, Independent Retailers, Convenience Stores and Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030.”

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South America to Register Fastest Growth:

Over the forecast period of 2024-2030, the Europe region is expected to exhibit the highest compound annual growth rate (CAGR) of 11.9% in the global Cascara Based Drinks Market. Cascara, the dried husk of coffee cherries, is gaining popularity as a versatile ingredient in beverages due to its unique flavor profile and potential health benefits. The region’s ideal climate for coffee cultivation and the growing demand for sustainable, locally-sourced products are propelling South American countries like Colombia, Brazil, and Peru into the forefront of this emerging market. As consumers seek novel and eco-conscious alternatives, South America’s prominence in Cascara-based drinks is expected to continue its upward trajectory, promising a flavorful and sustainable future for the industry. In addition to its favorable climate and sustainability-conscious consumer base, South America’s robust coffee industry infrastructure and extensive supply chain networks further position it for rapid growth in the Cascara-based drinks market. The region’s established coffee farms, processing facilities, and expertise in coffee production ensure a consistent and high-quality supply of Cascara, meeting the increasing demand from both domestic and international markets and is anticipated to be driven for Cascara Based Drinks in South Americaregion.                                

Cascara Based Drinks Market2024-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2023–2030

CAGR

10.2%

Market Size in 2030

$1.2 billion

Segments Covered

Type, Ingredients, Flavor, Packaging, Preparation Method, Application, Sales Channel and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Olam
  2. Nestle
  3. Applied Food Sciences
  4. ORAC Beverages
  5. Mountain Top Coffee
  6. Van Drunen Farms

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Cascara Based Drinks Market Report – Key Takeaways:

Ready to drink BeveragesSegment to Register the Fastest Growth

In the Cascara Based Drinks Market analysis, the Ready to drink Beveragessegment is estimated to grow with the fastest CAGR of 11.9% over the forecast period 2024-2030. Ready-to-drink cascara-based beverages offer convenience and portability, catering to the busy, on-the-go lifestyles of consumers. With an increasing demand for natural, caffeine-infused alternatives to traditional coffee and energy drinks, cascara-based products align perfectly with the growing health-conscious and sustainability-oriented consumer base. Moreover, the segment’s growth is driven by a surge in product diversification, creative flavor combinations, and strategic marketing campaigns by beverage companies. As consumers seek novel and healthful options, the ready-to-drink cascara beverage category is primed to lead the market’s expansion, offering a flavorful, energy-boosting alternative that resonates with modern tastes and values.

The Spiced Flavor Sector is the Market’s Fastest-Growing Segment.

According to the Cascara Based Drinks Marketforecast, Spiced Flavor is estimated to register the fastest growth over the forecast period. With consumers increasingly seeking unique and adventurous taste experiences, spiced cascara beverages have gained significant popularity. These drinks combine the natural sweetness of cascara with a delightful blend of spices like cinnamon, cardamom, and cloves, creating a harmonious fusion of flavors that tantalize the palate.

According to a Kalsec survey, 80% of U.S. consumers aged 18 and above now enjoy spicy foods, with over half eating them at least once a week. Furthermore, the frequency and heat levels of spicy food consumption are on the rise. This trend is not only driven by the desire for novel taste sensations but also by the health-conscious consumer’s inclination towards natural ingredients. Spices not only enhance the flavor profile but also offer potential health benefits, further boosting the appeal of spiced cascara drinks. As this segment continues to expand, beverage companies are innovating with diverse spice combinations, positioning spiced cascara as a dynamic and thriving category within the beverage industry.

Increasing Interest in Unique and Exotic Flavor Experiences in the Cascara Based Drinks Market.

In the Cascara Based Drinks Market, there’s a remarkable surge in interest due to the growing fascination with unique and exotic flavor experiences among consumers. Cascara, the dried husk of coffee cherries, has emerged as a versatile ingredient, offering a delightful departure from traditional coffee flavors. Its infusion into beverages has given rise to a tantalizing array of taste profiles, characterized by fruity, floral, and slightly tangy notes that intrigue and captivate the palate. This newfound fascination is driven by consumers’ desire to explore novel and sensory-rich experiences, elevating their coffee and tea consumption beyond routine choices. As a result, the Cascara Based Drinks Market is flourishing, with a plethora of innovative products entering the market, catering to the evolving preferences of adventurous consumers seeking a sip of the extraordinary. This trend not only promises exciting flavor adventures but also underscores the ever-evolving nature of the beverage industry in meeting consumer demands for uniqueness and exploration.This is one of the major factors driving the growth of the Cascara Based Drinks Marketover the forecast period.

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Key Opportunity Analysis:

Increasing consumer demand for eco-friendly and waste-reducing products is Creating Growth Opportunities in the Market.

Cascara has emerged as a sustainable and innovative ingredient for beverages, aligning perfectly with the global trend towards environmental consciousness. As consumers become more aware of the environmental impact of their choices, they are actively seeking out products that minimize waste and promote sustainability. Cascara-based drinks not only utilize a byproduct of the coffee industry that would otherwise go to waste but also offer unique flavors and health benefits. This growing interest in eco-friendly alternatives has prompted beverage companies to develop a wide range of Cascara-based drinks, from cold brews to teas, sparking a lucrative market with ample room for expansion.

According to the New data from Trivium Packaging 2023, 82% of consumers indicated a willingness to pay more for environmentally friendly packaging. Cascara-based drinks offer a delicious and guilt-free option for consumers who prioritize both flavor and sustainability. As eco-friendly awareness continues to rise, this segment is likely to flourish, presenting exciting opportunities for businesses and consumers alike. As a result, the Cascara-based drinks market is poised for impressive growth as it caters to the evolving preferences of eco-conscious consumers.

Growing Interest in natural and Plant-Based Ingredientswill Create Lucrative Growth Opportunities in the Cascara Based Drinks Market.

Cascara has gained popularity as a sustainable and flavorful alternative to traditional coffee. As health-conscious consumers seek beverages that align with their values and dietary preferences, cascara-based drinks offer an attractive proposition. Rich in antioxidants and caffeine, cascara provides a unique flavor profile, making it an appealing choice for those looking to explore new taste experiences. Furthermore, its environmental sustainability aligns with the growing eco-consciousness of consumers. This combination of health benefits and sustainability credentials is expected to drive the demand for cascara-based drinks, creating lucrative opportunities for manufacturers and entrepreneurs in the ever-evolving beverage industry.

According to the PlantBased Foods Association and The Good Food Institute plant-based food sales increased 6.6% to $8 billion in 2022. As the market continues to expand, innovative product offerings and marketing strategies will play a pivotal role in capturing the attention of discerning consumers.

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The Report also Covers the Following Areas:

  • Cascara Based Drinks Market Size and Forecast
  • Cascara Based Drinks Market Trends
  • Cascara Based Drinks Market Analysis by Application

Cascara Based Drinks Market2024-2030: Key Highlights

  • CAGR of the market over the forecast period 2024-2030
  • Value Chain analysis of key stake holders
  • Detailed analysis of market drivers and opportunities over the forecast period
  • Cascara Based Drinks Market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Cascara Based Drinks Market

Covid and Ukrainian Crisis Impact:

  • The COVID-19 pandemic has significantly impacted the Cascara Based Drinks Market. In the initial phases, supply chain disruptions and lockdown measures affected production and distribution, leading to temporary setbacks. However, as consumers sought healthier and immune-boosting beverage options, the market rebounded. The perceived health benefits of Cascara’s antioxidants and natural caffeine content contributed to its resilience. The industry adapted by emphasizing online sales and direct-to-consumer channels. Despite challenges, the pandemic accelerated awareness and interest in Cascara-based drinks, setting the stage for sustained growth as consumers continue to prioritize wellness and unique beverage choices.
  • The conflict between Russia and Ukraine has a discernible impact on the Cascara Based Drinks Market. While global commodity markets, including coffee, can be affected by geopolitical tensions, Cascara’s niche status and production in regions unaffected by the crisis have insulated it to some extent. However, indirect repercussions such as potential disruptions in international trade routes and supply chain logistics could pose challenges in the future. As businesses closely monitor geopolitical developments, the Cascara-based drinks market remains relatively stable, with its growth primarily driven by factors like consumer demand for unique, sustainable beverages and the coffee industry’s commitment to reducing waste.

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List of Key Market Players in Cascara Based Drinks Market:

The key companies profiled in the Cascara Based Drinks Market Report are listed below:

  1. Olam
  2. Nestle
  3. Applied Food Sciences
  4. ORAC Beverages
  5. Mountain Top Coffee
  6. Van Drunen Farms

Related Reports:

Ready To Drink Market – The Ready to Drink Market size is projected to grow at a CAGR of 4.5% from 2024 to 2030, owing to high-grade retail infrastructure, across-the-board presence of e-commerce services, high purchasing power, presence of top-notch soft drink companies, and high health awareness among ordinary citizens.

Organic Beverages Market – The Organic Beverages Marketsize is projected to grow at a CAGR of 13.5% over the forecast periodfrom 2024 to 2030 due to the surging health advantages of organic drinks including organic green tea during the COVID-19 Pandemic. However, organic beverages are quite expensive in comparison with traditional beverages and this is one of the major factors hampering the growth of the Organic Beverages Market.

Global Health Drink Market – The Global Health DrinkMarket size is growing at a CAGR of 6.2% over the forecast period from 2024 to 2030. It is owing to high living standards, expanding health attentiveness, the presence of top-notch drink companies, and a full-fledged retail networkfor Global Health Drinkover the forecast period.

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