Flavored Powder Drinks Market to Grow at 8.16% CAGR During the Period 2017-2021

Marketsizeforecasters.com adds new global flavored powder drinks market report that lists top active companies as Abbott, ABF, GSK, Mondel?z International, Nestl?, and PepsiCo Other Prominent Vendors in the market are: Bristol-Myers Squibb de Mexico, Danone, Gujarat Cooperative Milk Marketing Federation (GCMMF), Rasna, SensoryEffects, VV Food & Beverage, and Zydus Wellness Commenting on the report, an analyst team said: ?Increase in the number of new product launches by regional and international players will support the growth of the market. The manufacturers of flavored powder drinks are encompassing innovative and distributive strategies to increase the market size of these products. Also, there are various new technical innovations by the manufacturers that might help in driving the market.? According to the report, there are several health benefits associated with flavored powder drinks. The rising awareness about these benefits will drive the market during the forecast period. The flavored powder drinks contain a balanced mix of high-quality fats, essential protein, and carbohydrate to provide energy, as well as a wide range of vitamins and minerals. They provide a useful boost of energy even in small servings. The following are the essential ingredients in some major brands of flavored powder drinks. Further, the report states that raw materials, like aluminum, plastic, and paper for packaging, have volatile prices based on their availability. Also, the growing gap between demand and supply in recent years has increased raw material costs substantially. Any increase in the prices of raw materials, such as plastic resins, not only increases the manufacturing cost of packaging but also leads to reduced profit margins for vendors. This, along with the need to remain competitive in the market, causes manufacturers to experiment with cheaper substitutes. In addition, suppliers of raw materials have the power to price their products at competitive prices. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Technavio Analyst

Analysts from Technavio regularly contribute to the news section on MarketSizeForecasters.com. Technavio is a leading market research company with global coverage. Their research and analysis focus on emerging market trends to help businesses identify market opportunities and develop effective strat...

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