Are you looking to start a beverage business but don’t know which idea to choose? There are countless beverage business ideas out there to explore. The food and beverage businesses will definitely be in great demand considering that these two things are the main source of energy for everyone.
Soft drinks, energy drinks, juices, bottled water, coffee, tea, and alcoholic beverages are just a few examples of the wide range of items that make up the beverage industry, which is a huge and active sector of the economy.
According to a report by Zion Market Research, the global beverage market size was valued at approximately USD 1.8 trillion in 2020 and is projected to reach USD 2.4 trillion by 2027, growing at a CAGR of 4.5% during the forecast period.
So, if you are interested in the beverage business, check out our list of the best beverage business ideas.
13 Best Beverage Business Ideas To Start
1. Coffee Business
If you are in a coffee-producing country, of course, it will be easy for you to start this business. Coffee is also usually a favorite drink for everyone in the morning or while relaxing.
There are so many coffee enthusiasts, in America itself. There are many companies that produce coffee in various flavors and brands. Of course, you may have guessed, that Latte Coffee which is often found in stalls in the market.
Recently, the coffee beverage business has grown. Millennials create authentic coffee cafes with decorations that attract customers. Coffee cafes are also scattered in small towns and cities. Food trucks are famous in the USA and many people sell coffee on these food trucks.
Therefore, if you want to open a coffee beverage business, first determine the target market. However, what is clear is that this business is easy to do and needs average capital.
2. Tea Business
There are many countries that are top producers of tea such as China, India, Argentina (a Country in South America), and many others. But there are many good quality tea that you can taste, even the tea can be exported to several countries in the world.
The tea is processed and then put in plastic bottles, boxes, plastic cups, boxes, and so on to be sold to domestic consumers. Amazingly, packaged tea generates good revenue in the market and is a favorite of everyone, both children and parents.
In fact, this tea is also a favorite drink of some people when eating at ordinary or fancy restaurants. Not only that, but tea has also become a lucrative franchise business.
Well, for those of you who want to open tea business opportunities, you can run a business independently or acquire a franchise.
3. Milk Business
Many countries are well known for their natural wealth, including in terms of livestock. One of the many livestock is a cow or buffalo. As you also know, these animals can produce pure milk which is liked by many people.
Many companies that sell milk are sold in box packages with various flavors that attract customers. There are several large companies in many parts of the world that sell milk and milk products but there are only a few whose product is trusted.
So, you have to make that trust and provided quality products. This indicates that selling pure milk has a large potential. And can be a promising endeavor. Even on the roadsides of big cities, there are those that sell whole milk in various flavors.
This pure milk drink is indeed for all people, especially because it is equally good for children. So, if you are thinking about opening a business, you can choose this milk business.
4. Herbal Drinks
Many ancient people made herbal drinks from spices for several purposes. Herbal medicine is believed to cure and ward off various diseases. So herbal medicine can exist until now.
Initially, this herbal drink was known as a bitter herbal drink. However, it was different now. With sophisticated technology and the development of science, many have made the herbal drink a modern drink that does not have a bitter taste.
Even in big cities, there are many depots for herbal medicine that also sell in packs. Over time, children can consume herbal medicine because it is also made specifically for children.
Even in housing complexes, you can find herbal sellers using baskets, bicycle wheels, and even using wheels that are pushed. If you are interested in opening this business, you clearly need to know the recipe for the concoction of these spices.
5. Yoghurt Beverage Business
Yogurt is fermented milk. It is also growing and becoming a promising business. Yogurt is packaged in plastic, glass cups, box packaging, and so on.
In the past, the taste of this yogurt was very strange because it tasted sour and also clotted in the mouth. Of course, this is a challenge for yogurt entrepreneurs to be able to make this taste attractive and also delicious to drink.
As a result, the effort was successful. Because yogurt is known today has a variety of taste images, such as the taste of strawberries, oranges, melons, grapes, plain, and so on.
For this reason, yogurt has become a favorite drink for children to adults. And of course, it will taste delicious when drunk while cold.
6. Fruit Juice Business
The fruit juice business is also growing. Both among the middle and upper classes, this fruit juice performs well in the market. Lately, there are also fruit juices that are sold on a franchise basis, making it easier for you to sell.
Be it winter or summer, the fruit juice business is profitable. Its fresh taste makes those who eat it healthy and is also suitable to be given to children and adults.
And most importantly, if you run this business, the price is very affordable for all people.
7. Coconut Beverage Business
Coconut is a favorite of many people, especially in terms of coconut water which can make the body fresh and not easily tired.
Where the coconut juice is processed into packaged drinks that you can find in supermarkets. Some even sell roasted coconut which is good for health. The roasted coconut can be consumed with water and also the fruit.
Even coconut juice sold in modern times has been put in a plastic cup so it is practical and easy to carry.
8. Syrup Business
Hearing the word syrup, surely your mind will be on the water that has many colors.
However, take it easy that the resulting color is of course a very safe color for consumption. Some of the syrup is taken from fruit, some of which are deliberately processed to become a thirst-releasing drink.
So, it is only natural that syrup is selling well in the month of Ramadan because it can help to get rid of that thirst.
The syrup is also very popular with children, so you can find it in schools as well. And to be sure, you can also find syrup in supermarkets that sell it in bottles. The various flavors also make this syrup one of the most promising beverage business ideas.
9. Bottled Drinking Water Business
You also have to understand that not everyone likes colored drinks. Because of that, opening a bottled water business has high potential.
Many drinking water companies that exist from the past until today still survive. This means that the water business is indeed very promising.
As time goes by, the water business has grown from being packaged in cup water, to being bottled, then growing in gallons.
None of these packages are unsold because plain water is the main source of energy for everyone.
In fact, if you visit supermarkets, there are various kinds of water bottles available.
Even though the taste of water itself will not change considering the name and type are still the same, namely water. But this water can bring you many benefits.
10. Kefir Packaging Beverage Business
Recently, the trendy beverage business is kefir. At first glance, the texture and taste are similar to yogurt but in fact, the two things are very different.
Kefir is made from different types of healthy bacteria and different fermentation materials. Kefir is believed good for health and beauty.
So that besides being reduced, many also use it for masks. And what is like kefir is called a contemporary drink that is widely consumed by women.
Even in cyberspace, kefir has emerged as a favorite drink today compared to yogurt.
Due to the increasing demand, there are more and more kefir sellers. In the capital cities itself, there are several restaurants that provide this kefir.
11. Craft Soda Brand
Craft soda has become increasingly popular in recent years, as consumers look for unique and artisanal beverage options. If you’re passionate about creating delicious and innovative sodas, starting a craft soda brand could be an excellent business opportunity. You can experiment with different flavors and ingredients to create unique and exciting soda flavors that stand out in the market.
One of the benefits of starting a craft soda brand is the ability to cater to a niche market. You can target health-conscious consumers by using natural ingredients and avoiding artificial flavors and sweeteners. Or, you can create nostalgic flavors that appeal to a more traditional audience. The possibilities are endless, and with the right marketing strategy, you can build a loyal customer base.
12. Smoothie Bowl Cafe
Smoothie bowls have become a trendy and healthy breakfast option for many consumers. They are packed with nutrients and offer a variety of flavor combinations. If you’re passionate about healthy eating and creating delicious smoothie bowls, opening a smoothie bowl cafe could be an excellent business opportunity.
As a smoothie bowl cafe owner, you can offer a variety of options, from fruity to more savory bowls. You can also experiment with different toppings, such as fresh fruits, nuts, seeds, and granola, to create unique and delicious combinations. You can also cater to different dietary restrictions by offering vegan, gluten-free, and dairy-free options.
13. Protein Shake Company
Protein shakes have become increasingly popular as a post-workout recovery drink or as a meal replacement for those on the go. Starting a protein shake company can be a great way to tap into this growing market.
By providing vegan, gluten-free, and lactose-free options, you can satisfy a range of dietary requirements while also providing a variety of flavors, from chocolate to fruity selections.
One of the benefits of starting a protein shake company is the ability to cater to a niche market. You can target gym-goers and athletes who need a protein boost after a workout, or busy professionals who need a quick and healthy meal option. With the right marketing strategy and a unique flavor profile, you can build a loyal customer base.
Starting a beverage business can be a great way to tap into a growing market and offer unique and delicious options to consumers. But make sure to do your research, develop a solid business plan, and create a unique and memorable brand that stands out in the market.
So, how have you thought about which beverage business you will do? Whatever the obvious choice, you must be able to set the strategy and marketing.