Soft drinks are generally non-alcoholic beverage drinks, which contain carbonated air, added flavors, and ingredients. The Global “Soft Drink Market” presents a widespread and elementary study of Soft Drink business at the side of the analysis of subjective aspects which is able to give key business insights to the readers. Thus, continuous product innovations will help in the growth of the global soft drinks market during the forecast period. With new products and variants entering the market each month, as well as developments in recipes, packaging and marketing of soft drinks to suit consumer lifestyles and government regulations, we are taking a look at the top four trends we expect to see in 2019 for the … The Soft Drinks Market can be broadly categorized into the following: Carbonated soft drinks Juices and juice concentrates Bottled water RTD tea and coffee Soft Drinks Packaging Market Trends, Statistics, Growth, and Forecasts. LONDON--(BUSINESS WIRE)--The global soft drinks market size is poised to grow by USD 316 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of close to 6% during the forecast period. Soft drinks are a quarter of on-trade volume. The Global “Soft Drink Market ” presents a widespread and elementary study of Soft Drink business at the side of the analysis of subjective aspects which is able to give key business insights to the readers. Collagen, which is important for skin, hair and nail health, has been a popular ingredient for many new ready-to-drink (RTD) beverages, such as Protein Water Co and Vital Proteins. Functional Drinks Market – Global Functional Drinks Market by product segmentation (energy beverages, functional fruit and vegetable juices, sports beverages, prebiotic and probiotic drinks, and others), and geography (APAC, EMEA, and the Americas). https://www.technavio.com/report/global-soft-drinks-market-industry-analysis. Energy Drinks Market in Latin America – Energy Drinks Market in Latin America by product (sparkling energy drinks and still energy drinks) and geography (Brazil, Mexico, Peru, and the rest of Latin America). You might expect sugary energy drinks to have slumped following the introduction of the soft drinks levy last April. 70% of boys in the 2-19 age demographic consume at least one beverage like a soft drink on any given day. Consequently, the craft juices have been introduced in the soft drinks market that is made by … In addition, water products become even more attractive when they are enriched with naturally healthy ingredients.Plant-based ingredients such as oats, various herbs, coconut water, birch water, pine water and milk substitutes in general as well as new and "old" superfoods - including turmeric, beetroot, rosehip or moringa - will therefore be on the ingredient lists of soft drinks more often in the future! With the megatrend of individualization, people want to experience themselves in all their facets - and share their experiences with their personal community on social media. BACK TO TOP We believe 2020 will be the year alcohol-free beer goes mainstream. This report examines soft drink consumption patterns around the world. Ingredients such as collagen in tasty mixtures, but also certain fiber as well as selected secondary plant substances are hot commodities for product development.It is striking that special high-quality proteins are increasingly on the ingredient lists. Mar. Soft drinks is one of only two categories in volume and value growth and there is still room for it to grow. Working life has changed significantly due to the megatrend "New Work" and "Digitalisation”. Jesse Maida BMC forecasts that for the 2017-2022 time period, the CSD market’s CAGR will be down 0.4 percent. Given the rapid pace of change as we enter a new decade, Mintel’s 2030 Global Food and Drink Trends carefully consider the likely shifts in consumer needs, product innovation, corporate actions, and society over the next 10 years, offering optimistic, yet pragmatic actions intended to help businesses adapt to the transformations ahead. Consumer trends 27 3 aronates 1 3.1. December 05, 2020, 20:10 GMT Share This Article. Soft Drink Manufacturing in Australia industry trends (2015-2020) Soft Drink Manufacturing in Australia industry outlook (2020-2025) poll Average industry growth 2020-2025 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. The campaign included images of Elvis Presley in the advertisements and was carried out to celebrate 132 years of Coca-Cola Classic. BACK TO TOP We believe 2020 will be the year alcohol-free beer goes mainstream. nitrogen-infused coffee!This goes hand in hand with the fact that the quality of the beverages in terms of appearance, texture and ingredients is increasingly being adapted to different age groups. The development in the soft drinks to acknowledge the rising health concerns amon… The market is valued at retail selling … Purchase the Soft Drinks Global Overview: Key Trends in 2017 strategy briefing as part of our soft drinks market research for April 2017. steven November 29, 2020. This single development has encouraged strong growth in the industry. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Convenience. Alcoholic water Brace yourselves for the launch of hard water – yes, alcoholic H20. Products with a stress-relieving effect should also end up in shopping trolleys in the future. In 1982, the first full year that aspartame was used in Canada, diet drinks increased by 15.2% of total soft-drink sales, while the total soft-drink industry grew 8%. The market is expected to grow annually by 7.2% (CAGR 2020-2025). This "thirst for adventure" does not stop at the food and beverage industry.According to Euromonitor, 59.8 percent of those under 44 years say that they spend money on “experiences” and therefore prefer creative, exciting and unusual tastes. Colouring foods and natural preservatives and methods are clearly preferred over artificial colours and preservatives. Mintel’s carbonated soft drinks market research reports provide a comprehensive and extensive overview of the marketplace including information on the carbonated soft drinks market size and carbonated soft drinks market share. (Statista) Children consumed 79 fewer sugar-sweetened beverage calories a day, representing a 4% cut in calorie intake over all, according to a large government survey from 2004 to 2012. This trend has been accelerated by the government’s ‘sugar tax’, which has prompted many soft drinks suppliers to roll out new healthy options or reconfigure recipes to reduce sugar. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Megatrends such as "health", "individualization" and "neo-ecology" determinesthe major developments on the beverage market.We have summarized data from international market research, what consumers would like to fill in their glasses now and in the future: Today, soft drinks are not only supposed to taste good, but as “functional drinks” they should also perform like medicine drinks. Soft Drinks Concentrate Market: Region-wise Outlook. Media & Marketing Executive The beverage industry has recently seen a rise in the number of new products with functional benefits. For example, low-sugar cola drinks have seen sales jump 22.4% in the last 12 months, while full … In April 2018, Sprite launched a reformulated product in the UK market. The demand to consume fresh foods and drinks is picking up among consumers owing to the rising awareness of health-related concerns. – Health-conscious consumers faced with pressures from work and life are seeking products that deliver an energy boost to help fuel their hectic lifestyles, without compromising on health… The market is driven by product innovations. Technavio Research Soft drinks adapting quickly to emerging consumer trends. To find out more about Soft drinks Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR30064. The market for soft drinks concentrate can be segmented basis of region into: Eastern Europe, Latin America, Asia Pacific, North America, Middle East and Africa, and Japan. Global Soft Drink Market Trends. “Today’s consumers want both variety and healthier refreshment, trends which have negatively impacted carbonated soft drinks,” he added. Players are continuously innovating their products in terms of ingredients, formulation, and packaging to increase sales. Bhd, Coca-Cola, PepsiCo, Red Bull. – High-sugar drinks are now seen as indulgent beverages to be consumed as an occasional treat rather than a habit, hence focus is shifting towards quality and authenticity. US consumers in general are more aware of and open about alcohol addiction and mental health, which is leading to a greater appetite for non-alcoholic and low-ABV drinks. Soft Drink Manufacturing Industry Price Trends Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. The active improvement of physical and mental health, creative tastes and nature-based drinks are on the top of the new trends for Soft drinks for the new year. It is expected to rise at a CAGR of 5.1% over the forecast period. 5 – China market for soft drinks mainly focus on Bottled water, fruit and vegetable juices and protein drinks, according to statista, China: Revenue in the Soft Drinks segment in 2020 amounts to US$39330m. The average per capita consumption currently stands at 47.4 L in 2019. It takes into account the global trends in soft drink consumption patterns while paying special attention to Sri Lanka‘s soft drink consumption trends in recent years. The trend of establishing crafts is extended by the big soft drinks manufacturers such as PepsiCo and Mountain Dew. Soft drinks are non-alcoholic beverages that contain flavoring, sweetener, and water To stay ahead of the competition over the long term, soft drink manufacturers must be able to rapidly adapt their production to new requirements at all times – and to always work efficiently and produce optimal quality. Consumers usually reach for a bottled or canned soft drink out of convenience. Major beverage brands, such as the Coca-Cola Company, have also jumped on this trend, relea… PepsiCo has entered into breweries under the name of Stubborn Soda. Trends, culinaire inspiratie, interviews, conceptwatching en journalistieke reportages staan centraal. This market covers colas, lemon, orange and other flavoured carbonated soft drinks. Executive Summary: The recent report on Fruit-flavored Soft Drink market offers fact-based research to help clients grasp a deeper understanding of the market dynamics with respect to the major growth drivers, challenges, and opportunities. In 2019, 19 percent of the juice products launched already had a functional claim!Beverages enriched with functional ingredients such as protein drinks from vegetable sources, but also special drinks that improve sleep, digestion, concentration, memory and heart health, now meet important priorities of health-conscious consumers and are very much in vogue.Consumers are increasingly living according to the motto "You are what you drink", and so low-sugar soft drinks are still very popular. Soft drinks were too sweet and boring for him, so he decided to do something about that. Caliente drinks contain chili, which is similar to alcohol and activates the reward center in the brain by releasing endorphins and feelings of happiness. (The New York Times) By 2015, the global soft drink industry is expected to reach around $310 billion. Why? The carbonated soft drinks (CSD) market has reached a mature stage in the beverages market. The internet provides more and more information and the increasing concern with oneself and environmentally relevant topics leads to the fact that it no longer matters where the ingredients come from.Today people are quite willing to pay a higher price for high-quality products that can be bought with a clear conscience. We know people are a lot more conscious about what they are putting into their bodies and being active. Spiciness gives a certain character to the drink, which also helps when trying to reduce sugary content. Ingredients of soft drinks are processed to attain concentrated forms because of extra transportation costs and extra space requirements in warehouses when in its original form. Executive Summary: The recent report on Fruit-flavored Soft Drink market offers fact-based research to help clients grasp a deeper understanding of the market dynamics with respect to the major growth drivers, challenges, and opportunities. Soft Drinks Market Research Reports, Analysis & Trends By 2015, the global soft drink industry is expected to reach around $310 billion. Today, soft drinks should not only be healthy by not containing certain ingredients, but also actively support certain bodily functions. Soft drinks adapting quickly to emerging consumer trends. Soft drinks have a 23.2% share of total wet sales in the … (Graphic: Business Wire). With theincreased trend towards the processed foods beverage intake, the soft drink market is growing at a faster rate. The willingness to experiment can also be expressed in colour and texture, for example in the form of canned nitrogen-enriched coffee, i.e. The demand for high-quality, plant-based ingredients and flavours from nature goes hand in hand with the new demands of consumers. The report In the same article, Gary Hemphill, managing director of research for New York-based Beverage Marketing Corporation (BMC), noted how the category has seen volume sale declines for 15 consecutive years. On the whole, soft drinks in the US are headed towards a healthier and more functional future. 8 food and drink trends for restaurants to watch for in 2020 Get ready for plant-based meat, functional beverages, low-alcohol cocktails and even more Popeyes chicken sandwich. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Be inspired for your product development! 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