Growth opportunities in the Powdered Soft Drinks Market look promising over the next six years. This is mainly due to the escalating demand for convenient and packaged food items and rising preference for nutritional drinks.
Powdered Soft Drinks Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The augmenting inclination of consumers towards nutritious and health-full drinks is one of the most prominent drivers supplementing the growth of the global powdered soft drinks market. Also, the surging demand for ready-to-drink beverages led by the busy and hectic lifestyle of individuals will further strengthen the powdered soft drinks market size. In addition, the accessibility of low-calorie and organic sweeteners powdered soft drinks has paved the way for health-conscious consumers, which will further bolster the market growth. The stimulating demand for packed and ready-to-eat convenient products among consumers of all age groups will stimulate market growth. However, the availability of alternatives will curb the market growth.
Flavor Segment Drivers
Based on the flavor, Citrus is projected to witness a faster CAGR during the forecast period. This is primarily attributed to the changing customer taste and preference. Furthermore, it is bifurcated into lemon, orange, and pineapple. Amongst these, lemon and orange flavors are forecasted to witness significant demand from consumers in the near future. Moreover, manufacturers are largely involved in bringing forward different flavors to serve the mounting demand.
Regional Drivers
Based on the regional coverage, Europe is predicted to expand at a higher CAGR in the market over the forecast period. This is due to the increasing health awareness among consumers concerning healthier beverage options. In addition, the aggravating choice for drinking choices for their welfare is bolstering the market share. On the other hand, Asia-Pacific is expected to grow at a faster CAGR over the forecast period owing to the intensifying demand for new tastes and brands among consumers and ongoing expansion by several players for production in emerging economies such as India and China.
Powdered Soft Drinks Market’s leading Manufacturers:
- Cargill Inc
- Tate & Lyle
- The Kraft Heinz Company
- PepsiCo Inc
- Mondelez Inc.
- Lasco Foods Inc
- True Citrus Co.
- Firmenich S.A
- Bemis Company Inc.
- Nestle S.A.
- Kerry Plc.
- True Citrus Co
Powdered Soft Drinks Market Segmentation:
Segmentation by Flavor
- Mango
- Citrus
- Lemon
- Orange
- Pineapple
- Apple
- Others
Segmentation by Packaging
- Cartons
- Pouches & Sachets
- Others
Segmentation by Distribution Channel
- Online Stores
- Hypermarkets
- Specialized Stores
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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