Global Soft Drink Concentrates Market, By Type (Non-Carbonated, Carbonated), Flavours (Cola, Non-Cola, Orange, Mixed, Pineapple, Kiwi, Litchi, Apple, Grape, Grapefruit, Peach, Mango), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Others), End-User (Drinking Places, Mass Merchandise, The Fountain Machine, Private Clubs, Food Service) - Industry Trends and Forecast to 2031.
Soft Drink Concentrates Market Analysis and Size
Soft drinks refer to beverages that possess sweetening agents, distilled water, and flavoring agents. Sugar, high-fructose corn syrup, and sweeteners, among others, are some of the sweetening agents used to enhance the substance. Soft drinks are known to contain caffeine, preservatives, coloring agents, and other additives depending on the type the manufacturing industry.
Data Bridge Market Research analyzes that the global soft drink concentrates market which was USD 39.85 billion in 2023, is likely to reach USD 87.57 billion by 2031, and is expected to undergo a CAGR of 10.34% during the forecast period of 2024 to 2031.
“Carbonated” dominates the type segment of the global soft drink concentrates market due to their popularity and widespread consumer preference for fizzy beverages. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Soft Drink Concentrates Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Non-Carbonated, Carbonated), Flavors (Cola, Non-Cola, Orange, Mixed, Pineapple, Kiwi, Litchi, Apple, Grape, Grapefruit, Peach, Mango), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Others), End-User (Drinking Places, Mass Merchandise, The Fountain Machine, Private Clubs, Food Service)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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GRANA Beteiligungs-AG (Germany), Döhler GmbH (Germany), Ingredion Incorporated (U.S.), Kerry Inc. (Ireland), Nestlé (Switzerland), ADM (U.S.), SunOpta (Canada), Tree Top, Inc. Corporate Office (U.S.), China Haisheng Fresh Fruit Juice Co., Ltd (China), The Coca-Cola Company (U.S.), Capricorn Food Products India Ltd. (India)
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Market Opportunities
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Market Definition
Soft drink concentrates are highly concentrated formulations that serve as the base ingredients for the production of non-carbonated and carbonated beverages. These concentrates typically consist of flavorings, sweeteners, and sometimes colorings, which are diluted and mixed with carbonated or still water to create a finished beverage. They offer manufacturers a convenient and efficient way to produce a variety of soft drinks in large quantities.
Global Soft Drink Concentrates Market Dynamics
Driver
- Growing Consumer Demand for Customization and Variety in Beverages
As consumers increasingly seek unique and personalized flavor experiences, soft drink concentrates provide a versatile solution for manufacturers to meet these preferences. The concentrates allow beverage producers to experiment with a diverse range of flavors, enabling the creation of innovative and tailored beverages that cater to specific consumer tastes. This flexibility in flavor formulation not only helps companies stay ahead in a competitive market but also allows them to respond swiftly to changing consumer preferences. The ability to offer a wide array of customized soft drinks through concentrates aligns with the trend of consumers seeking novel and individualized beverage options, contributing to the continued growth and relevance of the soft drink concentrates market.
Opportunity
- Increasing Global Trend Towards Healthier Beverage Options
As consumer awareness of health and wellness grows, there is a rising demand for low-calorie, natural, and functional drinks. Soft drink concentrates offer the industry an avenue to capitalize on this shift by providing a versatile platform for the development of healthier beverage alternatives. Manufacturers can formulate concentrates with natural sweeteners, reduced sugar content, and innovative functional ingredients, meeting the preferences of health-conscious consumers. This opportunity allows the soft drink concentrate sector to align with evolving consumer preferences, contributing to the creation of beverages that not only satisfy taste but also address the demand for better-for-you options in the market.
Restraint/Challenge
- Growing Awareness of the Health Risks Associated with Excessive Sugar Consumption
Soft drinks, often produced from concentrates, are frequently criticized for their high sugar content, which is linked to health issues such as obesity and diabetes. As consumers become more health-conscious, there is a rising preference for beverages with lower sugar content or alternative sweeteners. This shift in consumer preferences poses a challenge for soft drink concentrate manufacturers, as they must adapt their formulations to align with changing health trends.
This soft drink concentrates market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the soft drink concentrates market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In May 2023, Bisleri International expanded its carbonated beverage portfolio in response to increasing demand during India's rising temperatures. Introducing new variants under the Rev, Pop, and Spyci Jeera sub-brands, the Bisleri range now covers fizzy cola, orange, and jeera categories. The company leverages digital and social media for marketing, recently initiating sampling at IPL matches as a hydration partner
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Soft Drink Concentrates Market Scope
The soft drink concentrates market is segmented on the basis of type, flavours, distribution channel, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Non-Carbonated
- Carbonated
Flavors
- Cola
- Non-Cola
- Orange
- Mixed
- Pineapple
- Kiwi
- Litchi
- Apple
- Grape
- Grapefruit
- Peach
- Mango
Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail Stores
- Others
End-User
- Drinking Places
- Mass Merchandise
- The Fountain Machine
- Private Clubs
- Food Service
Global Soft Drink Concentrates Market Regional Analysis/Insights
The soft drink concentrates market is analyzed and market size insights and trends are provided by type, flavours, distribution channel, and end-user are referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and rest of Middle East and Africa.
North America is expected to dominate the market due to a mature industrial and consumer goods sector, along with a strong focus on research and development.
Asia-Pacific is expected to show the highest growth rate in the market due to increasing industrialization, urbanization, and rising consumer demand for beverage products in the region
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Soft Drink Concentrates Market Share Analysis
The soft drink concentrates market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the soft drink concentrates market.
Some of the major players operating in the soft drink concentrates market are:
- GRANA Beteiligungs-AG (Germany)
- Döhler GmbH (Germany)
- Ingredion Incorporated (U.S.)
- Kerry Inc. (Ireland)
- Nestlé (Switzerland)
- ADM (U.S.)
- SunOpta (Canada)
- Tree Top, Inc. Corporate Office (U.S.)
- China Haisheng Fresh Fruit Juice Co., Ltd (China)
- The Coca-Cola Company (U.S.)
- Capricorn Food Products India Ltd. (India)
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