Calming, fermented, premium and non-alcoholic
The beverages market is still projected to grow at a decent rate during the next years owing to the growing per capita global consumption of drinks in major developing regions and to changing preferences of consumers towards healthier ready-to-drink beverages. Moreover, the growing focus by industry leaders is investing heavily in acquisitions and new product launches in order to gain a competitive advantage. Furthermore, consumer preferences regarding premium, healthier products and new experiences are also expected to affect the market growth.
So, naturally, what we needed to know is what are the next generation beverages for those early adopter consumers who are setting the trends? Basically, what are the kids on Instagram and Tik Tok drinking?? Here is what we discovered!
The world saw a huge boom in energy drinks already some decades ago and now the trend seems to be reversed: Now calming seems to be the most important benefit. A sense of balance and calm and even stress relief are the sought-after benefits. After years of living with FOMO (fear of missing out), the pandemic has brought us closer to JOMO (Joy of missing out) with mental well-being as THE gamechanger trend in many categories. So calming beverages are hitting the scene with many interesting ingredients there to deliver the benefit: From CBD to L- theanine, to valerian and other herbals, there is no shortage of possible candidates. What remains to be seen now is if calming drinks will make the move towards the early mass market.
It used to be that people consuming alcohol-free beverages were mostly those following a specific diet or religion and their choice of beverages was quite limited. We are pleased to see that alcohol-free is becoming much more widespread and that there are now many more fun choices available. Different flavors and premium positioning with great, sleek packaging that feels festive and special – consumers don’t have to be ashamed anymore and can drink with pride. We raise our non-alcoholic glass to that!
Fermented drinks have many health benefits (as all kombucha die-hard fans have been telling for years!) and we see more drinks harvesting the power of fermentation. Botanically brewed drinks with premium flavors and high-quality ingredients, and even sparkling kombucha that is made to look like champagne, new generation consumers seem to have many fun new choices available.
As you can see from the trends we have identified, there are some overarching elements that we see in all beverage innovations:
Are you are inspired by these next-generation beverages? Do you want to know what this means for your brand, feel free to get in touch! We are offering one-hour free consultation to go through any challenge you might have. Just drop me an email at: email@example.com