The beverage industry is undergoing a transformation, driven by consumer demand for healthier, more sustainable, and innovative products. This is leading to the development of new categories like functional beverages, craft spirits, and low- and no-alcohol options. The global beverage market is valued at USD 1.5 trillion and is expected to grow at a CAGR of 2.5% until 2025. Functional beverages like kombucha, kefir, and infused waters are gaining popularity due to their perceived health benefits. Craft spirits are experiencing a boom, with consumers seeking out unique and artisanal products. Low- and no-alcohol options are also on the rise as consumers become more health-conscious.
Explore the latest beverage trends and source innovative products at Gulfood 2024's Beverage sector.