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Nitro-infused Beverages Market Report by Product, Distribution Channel, and Region 2024-2032

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    Report

  • 138 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5743192
The global nitro-infused beverages market size reached US$ 103.4 Million in 2023. Looking forward, the market is projected to reach US$ 493.9 Million by 2032, exhibiting a growth rate (CAGR) of 18.89% during 2023-2032. The shifting consumer preferences toward convenience and ready-to-drink (RTD) beverages, the escalating demand for premium quality beverages, and various product innovations represent some of the key factors driving the market.

Nitro-infused beverages are drinks infused with nitrogen gas, creating tiny, carbonated bubbles that enhance their flavor profile and provide a sweeter, new aroma. Beer, coffee, tea, and soft drinks are some of the commonly available nitro-infused beverages. The nitrogen infusion process produces a rich, silky texture and a thick, creamy foam head. These beverages are made by pressurizing the liquid with a nitro tank before it is served, which gives the drink nitrogen bubbles. As compared to traditional beverages, nitro-infused beverages have a lower acidity level and reduce the risk of stomach discomfort. Besides this, these beverages are high in antioxidants, improve mental and physical performance, and reduce the need for sugar or sweeteners.

Nitro-infused Beverages Market Trends

The shifting consumer preferences toward convenience and ready-to-drink (RTD) beverages is one of the key factors driving the market growth. In line with this, the changing beverage consumption pattern and the increasing demand for nitro coffee, nitro tea, and soft drinks due to busy schedules and hectic lifestyles are favoring the market growth. Moreover, the rising demand for nitro-infused coffee as it gives a creamy, thick texture, and it also generates a thick frothy head and decreases acidity and bitterness in coffee, making it more appealing to non-coffee drinkers is acting as another growth-inducing factor.

Apart from this, increasing investment in new premium product launches and expanding promotion of nitro coffee and other products through various social media platforms is providing an impetus to the market growth. Additionally, key players are focusing on improving the taste and texture of the brew, which, in turn, is propelling the market growth. The market is also being driven by the rapid urbanization and the steadily expanding young population base, which is increasingly inclined toward innovative beverage options, including nitro-infused beverages.

Along with this, the growing demand for non-alcoholic beverages due to the rising concerns regarding personal health and weight management is creating a positive outlook for the market. Other factors, including the rising expenditure capacities of consumers, the easy product availability on online sales platforms, and the escalating demand for premium quality beverage products due to their enhanced freshness, taste, and mouthfeel, are anticipated to drive the market growth.

Key Market Segmentation

This report provides an analysis of the key trends in each segment of the global nitro-infused beverages market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on product and distribution channel.

Product Insights:

  • Nitro Coffee
  • Nitro Tea
  • Nitro Soft Drinks
  • Others
The report has provided a detailed breakup and analysis of the nitro-infused beverages market based on the product. This includes nitro coffee, tea, soft drinks, and others. According to the report, nitro coffee represented the largest segment.

Distribution Channel Insights:

  • Supermarket and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others
The report has provided a detailed breakup and analysis of the nitro-infused beverages market based on the distribution channel. This includes supermarket and hypermarkets, convenience stores, online stores, and others. According to the report, supermarket and hypermarkets represented the largest segment.

Regional Insights:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for nitro-infused beverages. Some of the factors driving the North America nitro-infused beverages market included the escalating demand for nitro-infused coffee, strong expenditure capacities of consumers, and increasing product availability on online sales platforms.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global nitro-infused beverages market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Beanly Beverages Private Limited, Bona Fide Nitro Coffee and Tea, Caveman Coffee Company, Funkin Cocktails, H&H Products Company, King's Row Coffee, La Colombe Coffee Roasters, Left Hand Brewing Company, Lucky Jack Cold Brew Coffee, NITRO Beverage Co., Quivr, RISE Brewing Co., Starbucks Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. How big is the global nitro-infused beverages market?
2. What is the expected growth rate of the global nitro-infused beverages market during 2024-2032?
3. What are the key factors driving the global nitro-infused beverages market?
4. What has been the impact of COVID-19 on the global nitro-infused beverages market?
5. What is the breakup of the global nitro-infused beverages market based on the product?
6. What is the breakup of the global nitro-infused beverages market based on the distribution channel?
7. What are the key regions in the global nitro-infused beverages market?
8. Who are the key players/companies in the global nitro-infused beverages market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Nitro-infused Beverages Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Nitro Coffee
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Nitro Tea
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Nitro Soft Drinks
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarket and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Convenience Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Beanly Beverages Private Limited
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bona Fide Nitro Coffee and Tea
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Caveman Coffee Company
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Funkin Cocktails
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 H&H Products Company
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 King's Row Coffee
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 La Colombe Coffee Roasters
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Left Hand Brewing Company
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Lucky Jack Cold Brew Coffee
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 NITRO Beverage Co.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Quivr
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 RISE Brewing Co.
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.13 Starbucks Corporation
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report
List of Figures
Figure 1: Global: Nitro-infused Beverages Market: Major Drivers and Challenges
Figure 2: Global: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Nitro-infused Beverages Market: Breakup by Product (in %), 2023
Figure 5: Global: Nitro-infused Beverages Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Nitro-infused Beverages Market: Breakup by Region (in %), 2023
Figure 7: Global: Nitro-infused Beverages (Nitro Coffee) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Nitro-infused Beverages (Nitro Coffee) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Nitro-infused Beverages (Nitro Tea) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Nitro-infused Beverages (Nitro Tea) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Nitro-infused Beverages (Nitro Soft Drinks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Nitro-infused Beverages (Nitro Soft Drinks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Nitro-infused Beverages (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Nitro-infused Beverages (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Nitro-infused Beverages (Supermarket and Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Nitro-infused Beverages (Supermarket and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Nitro-infused Beverages (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Nitro-infused Beverages (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Nitro-infused Beverages (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Nitro-infused Beverages (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Nitro-infused Beverages (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Nitro-infused Beverages (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: North America: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: North America: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: United States: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: United States: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Canada: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Canada: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Asia-Pacific: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Asia-Pacific: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: China: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: China: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Japan: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Japan: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: India: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: India: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: South Korea: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: South Korea: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Australia: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Australia: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Indonesia: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Indonesia: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Others: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Others: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Europe: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Europe: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Germany: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Germany: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: France: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: France: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: United Kingdom: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: United Kingdom: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Italy: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Italy: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Spain: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Spain: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Russia: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Russia: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Latin America: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Latin America: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Brazil: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Brazil: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Mexico: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Mexico: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Others: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Others: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Middle East and Africa: Nitro-infused Beverages Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Middle East and Africa: Nitro-infused Beverages Market: Breakup by Country (in %), 2023
Figure 71: Middle East and Africa: Nitro-infused Beverages Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Global: Nitro-infused Beverages Industry: Drivers, Restraints, and Opportunities
Figure 73: Global: Nitro-infused Beverages Industry: Value Chain Analysis
Figure 74: Global: Nitro-infused Beverages Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Nitro-infused Beverages Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Nitro-infused Beverages Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Nitro-infused Beverages Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Nitro-infused Beverages Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Nitro-infused Beverages Market: Competitive Structure
Table 6: Global: Nitro-infused Beverages Market: Key Players

Companies Mentioned

  • Beanly Beverages Private Limited
  • Bona Fide Nitro Coffee and Tea
  • Caveman Coffee Company
  • Funkin Cocktails
  • H&H Products Company
  • King's Row Coffee
  • La Colombe Coffee Roasters
  • Left Hand Brewing Company
  • Lucky Jack Cold Brew Coffee
  • NITRO Beverage Co. Quivr
  • RISE Brewing Co. Starbucks Corporation

Methodology

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Table Information