Wellness Tonics Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMPH432 | Last Updated On: Sep 06 2022 | Available Formats

> Global Wellness Tonics Market Expected to reach a high CAGR by 2029: DataM Intelligence

Global Wellness Tonics Market is segmented By Type (Vinegar, Enhanced Water, Energy Shots, Kombucha and others), By Ingredients (Turmeric, Apple Cider Vinegar, Medicinal mushrooms and Others (Tulsi, Kava)), By  Distribution Channels (Supermarket/Hypermarket, Convenience Stores, Online Stores, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

[150 Pages Report] Global Wellness Tonics Market Expected to reach a high CAGR by 2029: DataM Intelligence

Wellness Tonics Market- Strategic Insights

Metrics

Details

Market CAGR

 High

Segments Covered

By Type, By Ingredients, By  Distribution Channels and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Wellness tonics, also known as health tonics, herbal tonics, or immunity tonics are hydrating drinks that contain vitamins and minerals to boost the immune system and protect cells.

Market Dynamics

  • The key factors driving the market for wellness tonics include rising health concerns and awareness of the health benefits of wellness tonics.

  • These tonics have several health benefits such as boosting the immune system in times of stress, uplifting energy, and others. However, several stimulants have issues associated with alcohol content which is one of the restraints of the market.

Market Segmentation

  • The global market for wellness tonics is broadly segmented by product type as – Vinegar, Enhanced Water, Energy Shots, Kombucha, and Others. Ingredients, the market is segmented into Turmeric, Apple Cider Vinegar, Medicinal mushrooms, Leaves (Tulsi, Kava), and Others.

  • Wellness tonics is a new healthy trend in the market where beverages are mixed using natural ingredients like herbs, spices, roots, probiotics, and mushrooms to improve digestion, alleviate stress, reduce inflammation, or fight fatigue.

  • For instance, powdered forms of reishi, known in traditional Chinese medicine as the mushroom of mortality, is one of the favorite ingredients in tonics.

Geographical Analysis

  • The global wellness tonics market is segmented into North America, Europe, Asia Pacific, South America, and ROW. Asia-Pacific is estimated to be the fastest-growing market of wellness tonics during the forecast period.

  • North America is leading the global wellness tonics market with the largest market share followed by Europe and Asia-Pacific. Increasing expenditure on health-beneficial products with rising income is leading to growth in the market in the Asia-Pacific region.

Competitive Analysis

  • The market has a highly competitive environment with continuous product launches. A large number of players focus on strategic collaborations and agreements to expand the geographic footprint and intensify market competitiveness. Some of the recent developments contributing to the growth of the global:• In June 2018, Humm Kombucha, the world’s most drinkable kombucha launched the first-ever variety pack in exclusive retail partnership with 45+ Costco warehouses in Southern California. The new case will feature three of Humm Kombucha’s fan-favorite flavors: Pomegranate Lemonade, Coconut Lime, and Hopped Grapefruit.

  • In Dec 2017, a unique probiotic beverage range, MOJO Tonic, has launched at Woolworths which has three new flavors as Cola; Pineapple, and Coconut, and Berry Fusion.

Key Companies

  • Whole Foods

  • The Wellness Company

  • Nestle

  • Hansen’s

  • The Tonic

  • AOTEA

  • Hiran Agroceuticals Pvt. Ltd.

  • TonicSea

  • Oregon Tonic

  • Q Drinks

The scope of the Report

  • The report covers epidemiology analysis of critical infectious diseases, the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The wellness Tonics market is segmented based on the product type as Vinegar, Enhanced Water, Energy Shots, Kombucha, and Others.

  • Based on Ingredients, the market is segmented into Turmeric, Apple Cider Vinegar, Medicinal Mushrooms, Leaves, and Others. Further, by distribution channel, the market is segmented into Supermarket/Hypermarket, Online Stores, Convenience Stores, and Others. Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific, and the Middle East and Africa.

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