Allied Market Research

2024

Soft Drink Concentrate Market

Soft Drink Concentrate Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, by Packaging Type by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2032

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Author's: | Roshan Deshmukh
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Soft drink concentrate refers to a concentrated syrup or powder that is mixed with water and carbonated to produce a carbonated soft drink. The concentrate is typically made from a combination of water, sweeteners, flavors, and colorings, and is designed to be mixed with water and carbonated at the point of sale. It offer a number of advantages over premixed soft drinks. This is more cost-effective, as it can be shipped and stored in a more concentrated form, reducing shipping and storage costs. It also offer greater flexibility in terms of flavor and customization, as the concentrate can be mixed with water to create a wide variety of flavors and strengths.
 
Soft drink concentrates are a popular alternative to premixed soft drinks, and the market for these concentrates is driven by several key factors. One of the most significant drivers of the soft drink concentrate market is cost-effectiveness. They are more cost-effective than premixed soft drinks because they can be shipped and stored in a more concentrated form. This reduces shipping and storage costs, making them a more affordable option for both manufacturers and consumers. Manufacturers can produce a larger volume of soft drink concentrate with less storage space and transportation, reducing the cost per unit.
 
Another driver of the soft drink concentrate market is customization. Soft drink concentrates offer greater flexibility in terms of flavor and customization, as they can be mixed with water to create a wide variety of flavors and strengths. This allows manufacturers to cater to a broader range of consumer preferences and offer unique and customizable beverages. With soft drink concentrates, manufacturers can create flavors that may not be feasible to produce with premixed drinks due to production constraints or costs.
 
The convenience of soft drink concentrates is also a significant driver of the market. They are easy to store and transport, making them a convenient option for manufacturers and retailers. They also have a longer shelf life than premixed soft drinks, reducing waste and enabling retailers to stock up on inventory. Retailers can stock and sell soft drink concentrates in smaller amounts, which is especially beneficial in areas where storage space is limited.
 
The growing demand for carbonated soft drinks is another driver of the soft drink concentrate market. Consumers around the global are developing a taste for carbonated beverages, particularly in emerging markets. They offer a cost-effective way to produce and distribute carbonated soft drinks, enabling manufacturers to meet the increasing demand for these beverages.
 
Finally, marketing and promotion are key drivers of the soft drink concentrate market. Soft drink concentrate manufacturers invest heavily in marketing and promotion to increase awareness of their products. This includes advertising campaigns, sponsorships, and collaborations with popular brands and personalities. These marketing efforts help to create and maintain consumer demand for soft drink concentrates.
 
Overall, the soft drink concentrate market is driven by several factors, including cost-effectiveness, customization, convenience, the growing demand for carbonated soft drinks, and marketing and promotion. These drivers are expected to continue to fuel growth in the soft drink concentrate market in the coming years.
 
New product launches to flourish in the market
In April 2022, PepsiCo launched a new line of soft drink concentrates called "Pepsi Mixology." The line includes a variety of unique flavors and allows consumers to mix their own custom drinks at home. In March 2022, Coca-Cola launched a new soft drink concentrate called "Coca-Cola Original." The concentrate is designed to allow consumers to create their own version of the classic Coca-Cola taste. In February 2022, Monin Inc. launched a new line of soft drink concentrates called "Monin Soda." The line includes a range of unique and customizable flavors, including cucumber, lavender, and yuzu. In January 2022, Dr. Pepper Snapple Group launched a new line of soft drink concentrates called "Dr. Pepper TEN." The concentrate is designed to appeal to consumers who are looking for a lower-calorie option but still want the classic Dr. Pepper taste.
 
Segment Overview: 
By product type: The soft drinks concentrate market is divided into carbonated and non-carbonated. Carbonated drinks include those that have carbon dioxide gas dissolved in them, such as cola, soda, and sparkling water. Non-carbonated drinks, on the other hand, do not contain carbon dioxide gas and include products like fruit juices, sports drinks, and iced teas. Both categories of soft drink concentrates are popular among consumers and are used to make various types of finished beverages.
 
 
By packaging type: The soft drinks concentrate market is divided into pouches, bottles, and cans. Pouches are commonly used for small quantity servings and are usually made of flexible plastic material. Bottles are popular for larger servings and are made of glass or plastic. Cans, on the other hand, are commonly used for carbonated drinks and are made of aluminum or tin-plated steel. The choice of packaging type is influenced by various factors, including cost, convenience, and the product's characteristics.
 
By product type: The soft drinks concentrate market is divided into food service and food retail. Food service soft drink concentrates are typically sold to restaurants, cafes, and other food service establishments for use in preparing finished beverages for their customers. Food retail concentrates, on the other hand, are sold directly to consumers through retail channels such as supermarkets, convenience stores, and online marketplaces. The choice of product type depends on the target market, distribution channels, and the intended end use of the concentrate.
 
By region: The Asia-Pacific soft drinks concentrate market is a rapidly growing market with high potential for future growth. The region is home to some of the global largest and most populous countries, including China, India, Indonesia, and Japan, and others. The market is segmented by product type, packaging type, and application. Carbonated drinks and non-carbonated drinks are the two major categories of soft drink concentrates in the region. Bottles are the most popular packaging type in the region, followed by cans and pouches. Food retail is the dominant application segment in the Asia-Pacific region, with an increasing number of supermarkets, convenience stores, and online marketplaces. The market is highly competitive, with major players like Coca-Cola, PepsiCo, and Nestle competing for market share. The region's growing middle class and increasing disposable incomes are driving demand for soft drink concentrates, making it an attractive market for investors and manufacturers.
 
Competitive analysis and profiles of the major players in the soft drinks concentrate market, such as Beverage Co., Beverage Co. PepsiCo Inc., Cott Co., David Berryman Ltd., Dohler GmbH, Dr Pepper, Inc., H.J. Heinz Company Brands LLC., Keurig, Kraft Foods, PepsiCo Inc., Spindrift, The Coca-Cola Company. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of this market.

Soft Drink Concentrate Market Report Highlights

Aspects Details
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By Product Type
  • Carbonated
  • Non-Carbonated
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By Packaging Type
  • Bottles
  • Pouches
  • Others
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By Distribution Channel
  • On-Trade
  • Food Retail
    • Supermarkets and Hypermarkets
    • Convenience Store
    • Specialty Stores
    • Online
    • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Cott Corporation, H.J. Heinz Company Brands LLC., Keurig Dr Pepper, Inc., Dohler GmbH, the Coca-Cola Company, Spindrift, PepsiCo Inc., David Berryman Limited, Kraft Foods, Beverage Corp.

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Soft Drink Concentrate Market

Global Opportunity Analysis and Industry Forecast, 2022-2032