Sleeping Drinks Market Scope
Sleeping Drinks is a non-alcoholic drink containing non-traditional ingredients like minerals, vitamins, amino acids, dietary fibers (DFs), probiotics, added raw fruits Sleeping Drinks play an essential role in our modern life and contribute to nutritional well-being. Geographically, North America is the largest market with its innovative varieties of drinks customized for all age groups which is followed by Asia-Pacific and Europe, and other countries. Sleeping Drinks has shown immense growth in recent years. Sleeping Drinks is a complementary approach for the prevention and treatment of several systemic diseases. Sleeping Drinks has a huge demand due to wide adoption in various sector and application which is driving the growth of the market over the forecast period
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Intergrow Brands Pvt. Ltd (India), Dream Water (United States), Bebida Beverage Company (United States), Neuro Sleep (United States), Recess (United States), Zenify (India), Hoplark (United States), Neuro (United States), Nestle (Switzerland) and Coca-Cola (United States) |
CAGR | % |
The market is expected to grow in food and beverage as well as in sport. It has wide application in the sports industry for refreshment and energy drinks. The demand for Sleeping Drinks is driving the demand for the market. Several companies such as PepsiCo, Poshn, Driftwell are operating in the market to provide customers with a better offer with various features, products, services & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. The demand in the market is huge that is triggering the market growth over the forecast period
Intergrow Brands Pvt. Ltd (India), Dream Water (United States), Bebida Beverage Company (United States), Neuro Sleep (United States), Recess (United States), Zenify (India), Hoplark (United States), Neuro (United States), Nestle (Switzerland) and Coca-Cola (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Pepsi (United States), Poshn (India), Calpis (Japan), Kraft Heinz (United States) and Yakult (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Sleeping Drinks market by Type , by Application (Children's, Adult and Adolescent) and Region with country level break-up.
On the basis of geography, the market of Sleeping Drinks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In February 2023, Coca-Cola collaborated with Grammy-award-winning singer Rosalνa.
In January 2024, The National Sleep Foundation (NSF) launched its SleepTech Network, a new community forum for stakeholders across the sleep technology industry. The announcement came from CES in Las Vegas, a trade show that showcases the entire tech landscape.
Influencing Trend:
Huge demand for the natural health product to boost their health over the fake tasting conventional option
Market Growth Drivers:
Rising demand for a sleeping drink among the young population in order to improve muscle endurance & flexibility
Challenges:
Excessive consumption of sleeping drinks
Restraints:
Rising consumption of sleep drinks may lead to an increased heart rate
Opportunities:
Rising demand for functional energy drinks in the sports industry
Key Target Audience
Supplier, Manufacture, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry