Global Soft Drink Concentrates Market: Overview
The soft drink comes in the category of beverages and they comprise of still water or carbonated water, flavoring substances, and sweetening agents. The sweeteners that are used in these soft drinks may be artificial or natural. On the basis of its type, the soft drink may contain coloring agents, preservatives, caffeine, stabilizers, and other ingredients. Eighty percent of soft drinks contain water thus they require the excess place in the warehouse and also extra transportation charges are incurred. To minimize these issues the ingredients are processed to get them into concentrated forms.
Global Soft Drink Concentrates Market: Segmentation
The global soft drink concentrates market is segmented globally into type, application based on the types, end-use industry. On the basis of type, the global market is segregated into non-carbonated and carbonated. Based on the application depending on the types, the market is categorized into cola and non-cola in the carbonated type. In the non-carbonated type, the market is divided into orange, mixed, pineapple, kiwi, litchi, apple, grape, grapefruit, peach, and mango. The different end users of the soft drinks market include drinking places, mass merchandise, the fountain machine, private clubs, and food service.
Global Soft Drink Concentrates Market: Growth Factors
The increasing population has boosted the global food and beverages market. This is the major reason for the market growth of the soft drink concentrates market. The changing preference of the consumers regarding the food quality and its nutritional value has triggered the market growth. The manufacturers look out for ways to market their products in an attractive way such that the consumers are attracted which in turn improves their sales. The increasing variety of soft drinks concentrate products across the world has also triggered the market growth. The manufacturers are also now taking initiatives to manufacture high-quality products that can be consumed safely.
Global Soft Drink Concentrates Market: Regional Analysis
Region-wise, the global soft drink concentrates market is diversified into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa. Europe is leading the soft drink concentrates market. The growing population interest in the soft drinks and the increasing availability of a variety of soft drinks are the factors that are contributing to the market growth in the developing regions. In Europe, Germany dominated the market as it contributed the largest market share in terms of revenue. Asia Pacific soft drink concentrates market is also growing in a positive way.
Global Soft Drink Concentrates Market: Competitive Players
The key market players in the soft drink concentrates market include PepsiCo Inc., Cott Corporation, Kraft Foods, Monster Beverage Corp., Dr Pepper Snapple Group, Inc., Coca-Cola Company, and Dohler Group.
Global Soft Drink Concentrates Market: Regional Segment Analysis
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