Global Detox Fiber Drink Market to Soar at a CAGR of 4.6% by 2026, QYResearch, Inc.
Industry: Retail & eCommerce
Global Detox Fiber Drink Market will reach a valuation of US$4581 mn in 2020 and climb up to US$6000 mn by the end of 2026, registering a CAGR of 4.6% during 2021-2026.
Los Angeles, CA (PRUnderground) February 12th, 2020
Detox drinks are known for removing toxins from body, accelerating the process of achieving a healthier lifestyle. Rising awareness about benefits of healthy lifestyle choices is changing consumer preferences. QY Research has recently published a report titled “Global Detox Fiber Drink Market Research Report 2020” predicting the potential growth opportunities in the global market. According to the report, the global detox fiber drink market will reach a valuation of US$4581 mn in 2020 and climb up to US$6000 mn by the end of 2026, registering a CAGR of 4.6% during 2021-2026.
Intensifying Trend of Healthy Lifestyle to Boost Demand for Detox Drinks
Detox drinks are rising in popularity owing to increase in healthy lifestyle trend. Internet is the biggest influencer of healthy lifestyle choices that is also shaping the branding strategies for many players. The rise of celebrities influencing their followers to live healthily has drastically spiked the sales of detox fiber drinks that primarily help in better immune system, skin, and hair. These factors substantially promote the demand for detox drinks in the global market. Consumers withdrawing from drugs, alcohol, or smoking are also expected to drive the market.
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Detox drinks are expected to outperform other detox foods because it can be easily consumed and carried while travelling. The potential health benefits of drinking detox drinks such as improved digestion, stronger immune system, and recuperation of the other ailments. Government bodies and NGOs are actively spreading awareness through education programs and campaigns about the ill effect of addiction along with setting up rehabilitation centres. All of these initiatives are expected to fuel demand for the detox fiber drinks during the forecast period.
Hassle-free Online Shopping Segment to Rise in Demand
Online segment is expected to rise in demand during the forecast period as the ease of shopping at home, hassle free is turning many customers to shopping from the internet. Furthermore, relentless penetration of the internet in remote areas is also adding to market growth.
Rise in Drug Abuse in North America to Augment Detox Drink Market in this Region
North America is expected to lead the global market for detox fiber drinks as the number of people suffering from drug addiction are increasing. This region is witnessing rise in substance abuse treatment facilities that are providing a variety of care options, hence encouraging the detox drinks market.
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Key players in the global market are focusing on expanding their product line by adding new innovative products. Setup of new production plants will further boost the competition in the fragmented market.
The key players operating in the global Nestle, Sendayu Tinggi, Nano Detox & Cleanse, Fruity Juicy, Show-u Easy 123, Levone NatureDetox, Lazior Lemonet, Fi-Losh Detox, Total Image Xlim Dutox, TruDtox.
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