soft drink trends

The new trend toward healthy and natural content drinks is gaining the market share. Higher competition among Soft Drink Manufacturing companies will … Bottled water retail distribution channels 26 2.3. Caliente drinks contain chili, which is similar to alcohol and activates the reward center in the brain by releasing endorphins and feelings of happiness. US: +1 844 364 1100 Soft Drinks Packaging Market Trends, Statistics, Growth, and Forecasts Volatile raw material costs increase production costs. This can make markets challenging to navigate for retailers, buyers and investors alike. “In the market trends, the ones that are most relevant to soft drinks are health and wellbeing. Soft drinks are a quarter of on-trade volume. In April 2018, THE COCA-COLA COMPANY launched a new marketing campaign under the banner “We Do" in the UK. Business. Soft drinks rise to the popularity scale if they are made as simply, sustainably and according to ethical standards. To learn more about the global trends impacting the future of market research, Download Free Sample. The soft drink industry has expanded to include different flavors, healthier options and smaller manufacturers. Soft Drinks Market Research Reports, Analysis & Trends By 2015, the global soft drink industry is expected to reach around $310 billion. 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. As consumers’ beverage choices have shifted, the carbonated soft drinks (CSD) market has taken one of the largest hits. 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. The UK Soft Drinks Conference has become a major annual forum to hear about the latest market trends, discover more about emerging new brands, debate key issues and network with other business leaders. Up until now, drinking a low/no [alcohol] beer hasn’t always been fully embraced in the UK. It is expected to rise at a CAGR of 5.1% over the forecast period. – 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. Soft drinks are non-alcoholic beverages that contain flavoring, sweetener, and water Beer and soda are no longer the only beverages that come in cans. The carbonated soft drinks (CSD) market has reached a mature stage in the beverages market. Mar. Consumers are continuing to seek alternatives to meat and brands and retailers … Up until now, drinking a low/no [alcohol] beer hasn’t always been fully embraced in the UK. Technavio Research Soft Drinks Packaging Market Trends, Statistics, Growth, and Forecasts. The growing numbers of breweries such as Batch Craft Soda, Stubborn Soda, Virgil's, Bruce Cost Ginger Ale, have entered into supply of craft soda and craft soft drinks in different flavors like black cherry, pineapple, orange and others. 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. Nuts, seeds, legumes, soybeans as well as cereals and pseudo-cereals such as quinoa are the preferred origins of the "new protein".In connection with "mindful drinking", water in all variants is experiencing a big boom: For example, water with taste, water from special sources, vitamin water, water enriched with different flavors, and tea in all variations ensure an ongoing, varied and tasty hydration of the body. Canned wine, hard … – 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… Soft drinks adapting quickly to emerging consumer trends. Smart Water is about value over volume - something other beverage makers need to chase, the analysts say 5 low and no-alcohol drinks trends to watch in 2020. (Graphic: Business Wire). This market covers colas, lemon, orange and other flavoured carbonated soft drinks. Active Nutrition: The new super drinks. 70% of boys in the 2-19 age demographic consume at least one beverage like a soft drink on any given day. 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. Jesse Maida https://www.technavio.com/report/global-soft-drinks-market-industry-analysis. The market segment Soft Drinks … Today, soft drinks should not only be healthy by not containing certain ingredients, but also actively support certain bodily functions. In fact, they have held their own. 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. The market is expected to grow annually by 7.2% (CAGR 2020-2025). The market is valued at retail selling … Products with a stress-relieving effect should also end up in shopping trolleys in the future. The soft drink market is characterized by frequently changing and often short-lived trends. With theincreased trend towards the processed foods beverage intake, the soft drink market is growing at a faster rate. BMC forecasts that for the 2017-2022 time period, the CSD market’s CAGR will be down 0.4 percent. Drinks trends never stand still and innovation seems to continue apace. Soft drinks are generally non-alcoholic beverage drinks, which contain carbonated air, added flavors, and ingredients. 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. Health, beauty, mindfulness and sustainability are the major pointers for product development on the beverage market. Key innovation trends in soft drinks Share Facing increased demand for more healthy beverages and continued fallout from the war on sugar, soft drinks manufacturers are racing to adapt to influential health trends. Euromonitor International is the leading provider of strategic market research reports. Soft drinks were too sweet and boring for him, so he decided to do something about that. 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. We’ve asked insiders for their predictions for the year ahead. Carbonated Soft Drink industry trends, Market Research Reports-Consumer Behaviour Analysis -Market trends. Apart from product innovations, various innovative marketing campaigns adopted by players to attract consumers will help in driving market growth. Soft drinks can help!In time of anti-aging and the need of many people to be “forever young”, soft drinks that beautify the skin also have a magnetic effect on people who are conscious of beauty. Soft Drink Manufacturing Industry Price Trends Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Today, soft drinks are not only supposed to taste good, but … BACK TO TOP We believe 2020 will be the year alcohol-free beer goes mainstream. 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. www.technavio.com, The global soft drinks market size is poised to grow by USD 316 billion during 2019-2023, according to a new report by Technavio, https://www.technavio.com/talk-to-us?report=IRTNTR30064. Soft drinks adapting quickly to emerging consumer trends. The U.S. soft drinks market size was valued at USD 253.7 billion in 2016. 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. Categories shifting towards functionality. 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. Flexitarian blends. Carbonated Soft Drinks Market Data North America US. A soft drink (see § Terminology for other names) is a drink that usually contains carbonated water (although some vitamin waters and lemonades are not carbonated), a sweetener, and a natural or artificial flavoring.The sweetener may be a sugar, high-fructose corn syrup, fruit juice, a sugar substitute (in the case of diet drinks), or some combination of these. UK: +44 203 893 3200 Global Soft Drink Market Trends. 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. Also, innovative marketing campaigns are anticipated to further boost the growth of the market during the forecast period. Consumers usually reach for a bottled or canned soft drink out of convenience. The report Players are continuously innovating their products in terms of ingredients, formulation, and packaging to increase sales. Low alcohol content, CBD products, sustainability and customisation are just some of the trends that appear high on the agenda for the drinks industry in 2020. Market size and conditions 23 2.2. With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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. Soft drinks are non-alcoholic beverages that contain flavoring, sweetener, and water. The market is expected to grow annually by 8.7% (CAGR 2020-2023). The demand for high-quality, plant-based ingredients and flavours from nature goes hand in hand with the new demands of consumers. 40% of adult women, on the other hand, consume one beverage per day. Global Soft Drinks Industry and Trends. News Provided By. In India, by 2015 the size of the non-alcoholic beverages market (Soft drink) is forecast to reach the $2.4 billion. We know people are a lot more conscious about what they are putting into their bodies and being active. Players such as THE COCA-COLA COMPANY and PepsiCo are revamping their marketing strategies to counter the global decrease in the sale of carbonated soft drinks. Some of the key topics covered in the report include: Register for a free trial today and gain instant access to 10,000+ market research reports. × Protein is a vital nutrient for the body. Major beverage brands, such as the Coca-Cola Company, have also jumped on this trend, relea… The soft drink industry seems to be on the wrong side of the overall mega-trend toward healthier eating and lifestyles. 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. 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. Our Soft Drink Trends 2020 section includes exciting developments in the wellness sphere as a result of the growing number of consumers seeking liquid supplements and abstaining from the sauce. To find out more about Soft drinks Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR30064. The beverage industry has recently seen a rise in the number of new products with functional benefits. The willingness to experiment can also be expressed in colour and texture, for example in the form of canned nitrogen-enriched coffee, i.e. Now, among other things, we find soft drinks especially for children and seniors, which are tailored to the appropriate age depending on the needs of the body.The great revival of DIY products was triggered above experimentation of bloggers and influencers and is noticeable in the soft drinks in the form of both traditional and innovative home made or home made-like products. 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. Consequently, the craft juices have been introduced in the soft drinks market that is made by … The new soft drinks should not only be "free from" - that is, free of ingredients that damage health in the long term and in quantity - they should even actively improve physical and mental fitness through specially selected ingredients. £ 395.00 (Excl.Tax) Carbonated Soft Drinks in US by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. From stress-relievers to immune system health to beauty, consumers are now seeking more from their drinks than simply hydration. Categories shifting towards functionality. Convenience. Head over to our Alcoholic Drink Trends 2020 section to read about how hard seltzers will charm Brits, the population’s continuing love for all-drinks-pink and to discover the new regions wine-lovers … Jen Handley, co-founder of Fizziology, said: “We foresee this trend continuing in the year ahead with more manufact… While meat and animal products were once the main source of daily protein intake, meat consumption is steadily decreasing worldwide. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. The soft drink market is characterized by frequently changing and often short-lived trends. 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! If you eat not only vegetarian, rather vegan and therefore completely live without animal protein, you need high-quality proteins from plant sources for a balanced diet.In the United States, 35 percent of consumers would already buy drinks that contain extra protein. Volume sales of regular energy drinks remained steady at 124.6 million litres, while the resulting price hikes saw value … The development in the soft drinks to acknowledge the rising health concerns amon… Technavio has announced its latest market research report titled global soft drinks market 2019-2023. The report The Soft Drinks Market can be broadly categorized into the following: Carbonated soft drinks Juices and juice concentrates Bottled water RTD tea and coffee The soft drinks industry is ever-evolving to meet the demands of consumers and 2019 looks set to be no different. Soft drinks with plant extracts and direct juices with few and little processed ingredients make up the new magic formula for bubbling profit! 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. 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). Consumers usually reach for a bottled or canned soft drink out of convenience. This single development has encouraged strong growth in the industry. Soft Drinks market worldwide is projected to grow by US$449.6 Billion, driven by a compounded growth of 5.8%. The new product uses a combination of sugar, acesulfame K, and aspartame, which claims to reduce the sugar content in the product by about 50%. The UK company, which has been making natural botanically brewed drinks for more than 100 years, is confident that the premiumization of the drinks category is here to stay – ‘and, indeed, go from strength to strength’. Due to the increasing flexibility the prevention of stress and the discovery of mindfulness is a "must-have" for mental health and physical well-being. Soft Drinks Concentrate Market: Region-wise Outlook. The market is driven by product innovations. The market is expected to grow annually by 6.5% (CAGR 2020-2025). Soft drinks have a 23.2% share of total wet sales in the … 2020 programme highlights include: Market briefing with Asda and Kantar; Premium brand prospects with Innocent Drinks, SHS Group and SodaStream The trend of establishing crafts is extended by the big soft drinks manufacturers such as PepsiCo and Mountain Dew. Social insights firm Fizziology reports seeing members of Gen Z discuss alcohol and drinking on social media less than previous generations. Colouring foods and natural preservatives and methods are clearly preferred over artificial colours and preservatives. 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. The campaign included images of Elvis Presley in the advertisements and was carried out to celebrate 132 years of Coca-Cola Classic. 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. 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. The average per capita consumption currently stands at 47.4 L in 2019. VITHIT has embarked on a mission of supplying consumers with a healthier alternative to more traditional soft drinks. 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. Higher competition among Soft Drink Manufacturing companies will … 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. Continuous product innovations constitute one of the primary growth drivers for the global soft drinks market. steven November 29, 2020. BACK TO TOP We believe 2020 will be the year alcohol-free beer goes mainstream. Spiciness gives a certain character to the drink, which also helps when trying to reduce sugary content. Exceptional taste experiences are becoming more and more important, and so as a manufacturer with unusual and delicious flavour combinations, for example through food-pairing concepts and textures, you can sometimes be brave.Sources:“Strategic Themes in Food and Nutrition”, Jared Koerten, Tom Rees, Katharina Bagul, Euromonitor, November 2019"Beverage Trends - The latest trends and product highlights in juices, beer and carbonated soft drinks", Dora Szarvasi, Mintel, May 2019“Focus on protein - Protein trends with focus on the dairy category”, Dora Szarvasi, Mintel, November 2019Hanni Rützlers Food Report 2020 hbspt.cta._relativeUrls=true;hbspt.cta.load(4662006, '62ca7094-53cb-4bad-9406-32d1db1b0eb5', {}); “Strategic Themes in Food and Nutrition”, Jared Koerten, Tom Rees, Katharina Bagul, Euromonitor, November 2019, "Beverage Trends - The latest trends and product highlights in juices, beer and carbonated soft drinks", Dora Szarvasi, Mintel, May 2019, “Focus on protein - Protein trends with focus on the dairy category”, Dora Szarvasi, Mintel, November 2019. worldwide: Revenue in the Soft Drinks segment amounts to US$667,384m in 2020. Soft drinks, such as Coca-Cola, Pepsi Cola and Dr. Pepper, have been embraced by consumers around the world. Low alcohol content, CBD products, sustainability and customisation are just some of the trends that appear high on the agenda for the drinks industry in 2020. The origins of the ingredients used should be natural and plant-based. Procurement of raw materials for the production of soft drinks packaging products is a complex process that involves dealing with stakeholders in supply chain. Read the 122-page research report with TOC on "Soft Drinks Market Analysis Report by product (carbonated soft drinks, juices, and juice concentrates, bottled water, RTD tea and coffee, and others) and geography (the Americas, APAC, and EMEA). Higher demand or COGS will put upward price pressure on prices. Media & Marketing Executive 17th October, 2019 by Edith Hancock. Consumer trends 18 1.4. The increasing demand for craft soft drinks is one of the major trends being witnessed in the global soft drinks market 2019-2023. Soft Drinks Market Research Reports, Analysis & Trends. If you are interested in more information, please contact our media team at media@technavio.com. Bhd, Coca-Cola, PepsiCo, Red Bull. Soft Drink Concentrates Market 2020 Disclosing Latest Trends and Advancement Outlook 2027 | AGRANA Beteiligungs-AG, Döhler GmbH, Ingredion Incorporated, Kerry Inc., Nestlé, ADM Soft Drink concentrates market is expected to reach USD 24.30 million by 2027 growing at a growth rate of 5.20% in the forecast period of 2020 to 2027. We’ve asked insiders for their predictions for the year ahead. Higher demand or COGS will put upward price pressure on prices. Soft drink makers had to innovate out of the traditional fizzy drinks aisle, the analysts said, because it was outside of this space where revenues were. Soft Drink Manufacturing Industry Price Trends Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Purchase the Soft Drinks Global Overview: Key Trends in 2017 strategy briefing as part of our soft drinks market research for April 2017. Procurement of raw materials for the production of soft drinks packaging products is a complex process that involves dealing with stakeholders in the supply chain. From cloudberry to calamansi, Fentimans eyes up the trends to watch in the premium soft drinks and mixers category. Market size and conditions 31 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. By 2015, the global soft drink industry is expected to reach around $310 billion. 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 … 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%. 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). In 1987 total soft-drink sales increased 5.3% over 1986, while diet soft-drink sales increased by 10.7%. Beverages perceived as healthier such as sports drinks, flavored and bottled water consumption has steadily increased consumption over the past half-decade. 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. “Today’s consumers want both variety and healthier refreshment, trends which have negatively impacted carbonated soft drinks,” he added. Functionality remains a key trend across all soft drink categories. On the whole, soft drinks in the US are headed towards a healthier and more functional future. In India, by 2015 the size of the non-alcoholic beverages market (Soft drink) is forecast to reach the $2.4 billion. Globalmonitor. China: Revenue in the Soft Drinks segment is projected to reach US$36,534m in 2020. The global soft drinks concentrate market is projected to show a healthy rate of growth through 2025. 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. Here, we aim to outline the key trends we can expect to see from the retail drinks market throughout 2019. Working life has changed significantly due to the megatrend "New Work" and "Digitalisation”. (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. Situation of companies 20 2 ottled Xater 2 2.1. The report includes detailed profiles of the leading companies & prominent vendors of the market: The Soft Drinks Market can be broadly categorized into the following: Featuring a breakdown of region-wise market shares until 2019. Technavio is a leading global technology research and advisory company. Consumer trends 27 3 aronates 1 3.1. Such new marketing and advertising campaigns will help in the growth of the global soft drinks market during the forecast period. 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. Beverages perceived as healthier such as beverage cartons and aluminum cans, is gaining pace demand for high-quality plant-based... Year alcohol-free beer goes mainstream billboard advertisements and was carried out to celebrate 132 years of Coca-Cola Classic more soft. 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