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Relaxation Drinks Market By Product Type (Tea Drinks, Vitamin Drinks, Others), By Application (Insomnia, Anxiety, Others) – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027

Name: Relaxation Drinks Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2020-01-24
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Relaxation Drinks Market

Summary
Table Of Content
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The emotional influence of foods and drinks is the key trend in the market.

The global relaxation drinks market is expected to grow at a CAGR of 14.06% during the estimated period from 2019 to 2027, starting from US$ 330.8 Mn in 2018.

Relaxation drinks are drinks that contain a blend of various herbs and amino acids. The stressful modern lifestyles create the need for mood-balancing foods and drinks worldwide. Rooted stress and limited time available for rest are some of the major causes of the growth of the relaxation drinks market globally. Moreover, manufacturers are focusing on new and improved ways of targeting consumers. Such as connecting the colors of drinks with the mood of the consumers. For instance, Sensient Flavors launched a new drink. The drink balances the emotional state of the consumers naturally and gently. In addition, the company offers four new color concepts: calming blue, relaxing green, and uplifting yellow.

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Sales of relaxation drinks accounts for $100 million industry.

Relaxation drinks began to explode in the market for many reasons, such as the drinks being marketed to reduce anxiety and stress. Thereby improving sleep and focus. Relaxation drinks are also becoming popular in the U.K. the busy and stressful lifestyles of consumers in the U.K. help the relaxation drinks market to grow. Moreover, manufacturers are offering new and improved products in the market. For instance, Marley’s Mellow Mood is a popular relaxation drink in the U.K. market. In addition, growing stress among the millennial population is increasing the demand for stress-relieving products globally.

Calming effects of relaxation drinks contribute to market growth.

Growing stress levels in the urban population are a major factor in increasing the demand for relaxation drinks globally. For instance, the Global State of Emotions Report suggests that about one-third of the world’s population suffers from chronic pain. In addition, 55% of people in the U.S. were reported to be stressed on a regular basis in 2018. Greece accounts for the most stressed-out country since 2012. Moreover, according to Health Focus International research in 32 countries, stress has become a major health concern that affects people with sleeping problems. Therefore, increasing the stress and penetration of customers towards colorful drinks will drive the market’s growth in the forecast period.

Application Analysis

CDB (cannabidiol) infused relaxation beverage supports the market growth.

The application segment is sub-classified into insomnia, anxiety, and others. The insomnia segment dominated the relaxation drinks market in 2018 and is likely to dominate it during the forecast period. Insomnia is the most prevalent sleep disorder worldwide. People are faced with regular stress and opting for products that promote physical and mental relaxation and stress relief. For instance, according to the U.S. Department of Health and Human Services, chronic sleep disorders affect about 70 million Americans. The disorder related to sleep requires about $16 million in annual costs in the health care sector and $50 billion in productivity loss. The aforementioned reasons are a key factor for the global dominance of the relaxation drinks market.

Shift work sleep disorders drive the market growth.

The working hours of individuals also affect the routine of sleep. For instance, according to the Australian Sleep Association, shift work sleep disorder give rise to symptoms such as insomnia or excessive sleepiness. The report also suggests that 10% of the total shift workers are likely to suffer from sleep disorders. Moreover, the American Academy of Sleep Medicine suggests that 30% of adults have insomnia symptoms, and about 10% are likely to suffer from chronic insomnia.

Regional Analysis

North America Dominates relaxation Drinks Market Globally.

The demand for beverages that offer relaxation or stress relief is high in North America. As a result, the U.S. holds the major part of the relaxation drinks market in the overall share of North America, growing with a CAGR of around 22% during the forecast period. In addition, 350 startup brands offering relaxation and stress or sleep benefits are situated in the U.S., which is worth approximately $10 million. According to the research study, 127 million liters of relaxation drinks were sold in the U.S. in 2010, which increased to 300 million liters in 2014.

The consumption trends of the U.S. and Canada suggest that people in North America are always ready to adapt to new beverage brands, and relaxation drink is one of the key trends in the international market. Moreover, the study also suggests that 70 million Americans face trouble while sleeping, demanding more products for relaxation. The aforesaid factors support market growth for the relaxation drinks market.

List of Companies Covered:

Tranquila
Kalm with Kava
iChill Beverages, Inc.
Purple Stuff
Bimble Beverages
Jus by Julie
Boisson Slow Cow, Inc.
Phi Drinks, Inc.

Key Industry Developments:

In February 2016, the premium beverage brand Tranquini launched a new relaxation drink. Tranquini is a relaxation beverage that contains naturally occurring ingredients such as chamomile, lavender, and lemon. The drink helps to reduce stress and relieve anxiety without any drowsiness.
In June 2017, Jus by Julie launched a drinking shot. The Prebiotics Energy & calming shots are manufactured with vegan probiotics and prebiotics. The shots offer natural energy, relaxation benefits, and immune and digestive health.
In January 2019, Bimble Beverages, a company based in New York, launched a new drink. Bimble is a stress-relief alternative and can be used regularly. Bimble is derived and manufactured from natural products such as mint and grapefruit extracts.

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027, considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

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Segmentation Product Type (2017–2027; US$ Mn)

Tea Drinks
Vitamin Drinks
Others (Kava Drinks, Melatonin, etc.)

Application (2017–2027; US$ Mn)

Insomnia
Anxiety
Others (Physical Stress, etc.)

Geography Segment (2017–2027; US$ Mn)

North America (U.S. and Canada)
Europe (U.K., Germany, Spain, Italy, and the Rest of Europe)
Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
Rest of World (Middle East & Africa (MEA), Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand the overall relaxation drinks market better. In addition, the global report also represents the competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Relaxation Drinks (RD) Market
2.2. Global RD Market, by Product Type, 2018 (US$ Mn)
2.3. Global RD Market, by Application, 2018 (US$ Mn)
2.4. Global RD Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global RD Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Relaxation Drinks (RD) Market, by Product Type , 2017-2027 (US$ Mn)
4.1. Overview
4.2. Tea Drinks
4.3. Vitamin Drinks
4.4. Others (Kava Drinks, Melatonin, etc.)

5. Global Relaxation Drinks (RD) Market, by Application, 2017-2027 (US$ Mn)
5.1. Overview
5.2. Insomnia
5.3. Anxiety
5.4. Others (Physical Stress etc.)

6. North America Relaxation Drinks (RD) Market Analysis, 2017-2027 (US$ Mn)
6.1. Overview
6.1.1. North America RD Market Value and Growth, 2017-2027, (US$ Mn)
6.2. North America RD Market Value, By Product Type, 2017-2027 (US$ Mn)
6.2.1. Market Analysis
6.3. North America RD Market Value, By Applications, 2017-2027 (US$ Mn)
6.3.1. Market Analysis
6.4. North America RD Market Value, By Region/Country, 2017-2027 (US$ Mn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Relaxation Drinks (RD) Market Analysis, 2017-2027 (US$ Mn)
7.1. Overview
7.1.1. Europe RD Market Value and Growth, 2017-2027, (US$ Mn)
7.2. Europe RD Market Value, By Product Type, 2017-2027 (US$ Mn)
7.2.1. Market Analysis
7.3. Europe RD Market Value, By Applications, 2017-2027 (US$ Mn)
7.3.1. Market Analysis
7.4. Europe RD Market Value, By Region/Country, 2017-2027 (US$ Mn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Relaxation Drinks (RD) Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. Asia Pacific RD Market Value and Growth, 2017-2027, (US$ Mn)
8.2. Asia Pacific RD Market Value, By Product Type, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Asia Pacific RD Market Value, By Application, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Asia Pacific RD Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Relaxation Drinks (RD) Market Analysis, 2017-2027 (US$ Mn)
9.1. Overview
9.1.1. Rest of the World RD Market Value and Growth, 2017-2027, (US$ Mn)
9.2. Rest of the World RD Market Value, By Product Type, 2017-2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Rest of the World RD Market Value, By Application, 2017-2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Rest of the World RD Market Value, By Region, 2017-2027 (US$ Mn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. Tranquila
10.2. Kalm with Kava
10.3. iChill Beverages, Inc.
10.4. Purple Stuff
10.5. Bimble Beverages
10.6. Jus by Julie
10.7. Boisson Slow Cow, Inc.
10.8. Phi Drinks, Inc.

List of Figures

FIG. 1 Global Relaxation Drinks (RD) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global RD Market Segmentation
FIG. 4 Global RD Market, by Product Type, 2018 (US$ Mn)
FIG. 5 Global RD Market, by Application, 2018 (US$ Mn)
FIG. 6 Global RD Market, by Geography, 2018 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key RD Market Manufacturers, 2018
FIG. 9 Global RD Market Value Contribution, By Product Type, 2018 & 2027 (Value %)
FIG. 10 Global RD Market, by Tea Drinks, Value, 2017–2027 (US$ Mn)
FIG. 11 Global RD Market, by Vitamin Drinks, Value, 2017–2027 (US$ Mn)
FIG. 12 Global RD Market, by Others (Kava Drinks, Melatonin etc.), Value, 2017–2027 (US$ Mn)
FIG. 13 Global RD Market Value Contribution, By Application, 2018 & 2027 (Value %)
FIG. 14 Global RD Market, by Insomnia, Value, 2017–2027 (US$ Mn)
FIG. 15 Global RD Market, by Anxiety, Value, 2017–2027 (US$ Mn)
FIG. 16 Global RD Market, by Others (Physical Stress), Value, 2017–2027 (US$ Mn)
FIG. 17 U.S. RD Market, 2017–2027 (US$ Mn)
FIG. 18 Rest of North America RD Market, 2017–2027 (US$ Mn)
FIG. 19 U.K. RD Market, 2017–2027 (US$ Mn)
FIG. 20 Germany RD Market, 2017–2027 (US$ Mn)
FIG. 21 France RD Market, 2017–2027 (US$ Mn)
FIG. 22 Rest of Europe RD Market, 2017–2027 (US$ Mn)
FIG. 23 Japan RD Market, 2017–2027 (US$ Mn)
FIG. 24 China RD Market, 2017–2027 (US$ Mn)
FIG. 25 India RD Market, 2017–2027 (US$ Mn)
FIG. 26 Rest of Asia Pacific RD Market, 2017–2027 (US$ Mn)
FIG. 27 Middle East & Africa RD Market, 2017–2027 (US$ Mn)
FIG. 28 Latin America RD Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Relaxation Drinks (RD) Market
TABLE 2 Global RD Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 3 Global RD Market, by Applications, 2017–2027 (US$ Mn)
TABLE 4 Global RD Market, by Geography, 2017–2027 (US$ Mn)
TABLE 5 North America RD Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 6 North America RD Market, by Applications, 2017–2027 (US$ Mn)
TABLE 7 North America RD Market, by Country, 2017–2027 (US$ Mn)
TABLE 8 Europe RD Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 9 Europe RD Market, by Application, 2017–2027 (US$ Mn)
TABLE 10 Europe RD Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 11 Asia Pacific RD Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 12 Asia Pacific RD Market, by Application, 2017–2027 (US$ Mn)
TABLE 13 Asia Pacific RD Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 14 RoW RD Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 15 RoW RD Market, by Apllication, 2017–2027 (US$ Mn)
TABLE 16 RoW RD Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 17 ABB: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 18 Tranquila.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 19 Kalm with Kava: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 IChill Beverages, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Purple Stuff: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Bimble Beverages: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Jus by Julie: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Boisson Slow Cow, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Phi Drinks, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

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Frequently Asked Questions

What is the size of Relaxation Drinks Market?

The market for Relaxation Drinks is expected to reach US$ 330.8 Mn in 2027.

What is the Relaxation Drinks Market CAGR?

The Relaxation Drinks market is expected to see significant CAGR growth over the coming years, at 14.06%.

What is the Forecast period considered for Relaxation Drinks Market?

The report is forcasted from 2019-2027.

What is the base year considered for Relaxation Drinks Market?

The base year of this report is 2018.

Who are the major players in this market?

Tranquila, Kalm with Kava, iChill Beverages Inc., Purple Stuff, Bimble Beverages, Jus by Julie, Boisson Slow Cow, Inc. are some of the major players in the global market.

About Author

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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