United States Kids Beverage Market to Surpass Valuation of USD 25.8 Billion By 2032 | Astute Analytica [Yahoo! Finance]
Coca-Cola Company (The) (KO)
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Source: Yahoo! Finance
Innovations include clean labels, functional beverages, and digital marketing strategies. Despite challenges like rising costs, brands that adapt to these trends are poised for growth. New Delhi, July 03, 2024 (GLOBE NEWSWIRE) -- The United States kids beverage market is projected to hit sales revenue of US$ 25.8 billion by 2032, up from US$ 17.7 billion in 2023 at a CAGR of 4.3% during the forecast period 2024–2032. The kids' beverages market in the United States is witnessing significant growth, driven by a variety of factors. Prominent beverages consumed by children include juice, which is consumed by approximately 74% of children, and flavored milk, consumed by nearly 44% of children. The market size for kids' food and beverages was valued at US$ 53.11 billion in 2023 and is projected to reach US$ 95.45 billion by 2032, growing at a CAGR of 6.73%. This growth is fueled by the increasing focus on health-conscious choices, with parents becoming more aware of the nutritional valu
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