The Soft Drinks Concentrates Market was valued at USD 35.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% over the forecast period, reaching USD 53.1 billion by 2032. According to recent data from Future Market Insights, global demand for soft drinks is projected to experience a year-on-year (Y-o-Y) growth of 2.9% in 2022.
Soft drink concentrates are beverages created from distilled water, sweeteners, and flavors. Sweeteners can include high-fructose corn syrup, sugar, or other materials to enhance sweetness. The specific ingredients used vary depending on the type of soft drink being produced.
Water makes up about 80% of the total ingredients in soft drinks, which increases the weight and shipping costs. To address this issue, ingredients are processed into concentrates, reducing the overall weight and shipping expenses.
Soft drinks typically consist of sugar, flavoring, coloring, and sometimes stabilizers or fruit concentrates. The availability of diverse soft drink options and the convenience of using concentrates have driven significant growth in the global market for soft drink concentrates within the food and beverage industry.
Modern soft drinks are designed not only to taste good but also to serve as functional beverages, enriched with elements such as vitamins or minerals to support an active and health-conscious lifestyle as part of a balanced diet.
Competitive Landscape
Soft drink manufacturers are focusing on expanding their markets in Asia and Latin America. The industry is poised for growth in both developed and developing regions. Increased demand for natural and functional beverages is also driving market expansion.
Key Companies Profiled
- Beverage Corp.
- PepsiCo Inc.
- the Coca-Cola Company
- Cott Corporation
- Dohler Group
- Kraft Foods
- Dr. Pepper Snapple Group, Inc
- Others
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Soft Drinks Concentrates Market by Category
By Product Type:
- Carbonated
- Non-Carbonated
By Packaging:
- Stand Up Pouches
- Bottle
- Cans
By Sales Channel:
- On-Trade/Food Service
- Institutional Sale
- Retail
- Hypermarket/Supermarket
- Convenience Store
- Specialty Stores
- Liquor Shop/Beverage Exclusive
- Airport Retail
- Online Retail
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Frequently Asked Questions
How much worth is the Soft Drinks industry?
The Soft Drinks Concentrates Market is estimated to reach sales of nearly USD 35.2 Billion by 2022.
At what CAGR is the market expected to expand through 2032?
Soft Drinks Concentrates Market revenue is expected to increase at a CAGR of around 4.2% during the period 2022 to 2032.
How was the performance of Soft Drinks over the past half-decade?
Soft Drinks sales increased a CAGR of around 3.8% over the past half-decade.
What will be the market for Fruit & Vegetable ingredients worth in 2032?
The global Soft Drinks Concentrates Market value is estimated to be around USD 53.1 Billion in 2032.
Which are the top countries driving the Soft Drinks Concentrates Market demand?
The top countries driving the Soft Drinks demand are the USA, Germany, China, and the United Kingdom.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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