Flavored Powder Drinks Market: Satisfying Taste and Convenience Trends
The global flavored powder drinks market size is estimated to reach USD 94.86 billion in 2030 and is expected to expand at a CAGR of 3.0% from 2022 to 2030, according to a new report by Grand View Research, Inc. The factors propelling the growth in demand for flavored powder drinks are continuous innovation among flavors by key players to attract more consumers which is accelerating the global market growth. In addition, the emergence of flavored powder drinks infused with various vitamins and minerals to provide instant energy is another factor attributing to the growth. However, leading companies are adding new flavors and tastes to their product portfolio to increase their customer base creating high opportunities for growth in the flavored powder drinks industry during the forecast period. Moreover, the health benefits associated with flavored powder drinks such as instant energy, an increase in immunity system along with adequate hydration are so...