The Asia Pacific Soft Drink
Concentrates Market is worth USD 5.9 billion in 2016 and estimated to grow at a
CAGR of 5%, to reach USD 7.5 billion by 2021.
The Asia Pacific Soft Drink Concentrates
market is developing at an exceptionally quick pace.
Soft drink is a refreshment which
contains carbonated water or still water, a sweetening specialists and
enhancing substances. The sweeteners might be sugar, high-fructose corn syrup,
natural product squeeze or sugar substitutes i.e. fake or regular sweeteners.
Contingent upon the kind of soft drinks it might contain caffeine, shading
specialists, stabilizers, additives and different fixings. Soft drink has
roughly 80 % water, thus it drives additional transportation charges and
possess abundance puts in distribution centers. Soft drink concentrates
contains sugar, shading, flavors and at some point may have stabilizers,
organic product concentrates with negligible water content. Soft drink think
market is developing immensely in the nourishment and refreshments part due to
simplicity of operation and accessibility in various assortments.
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The significant drivers for Soft
Drink Concentrates are increasing preference for processed food and beverage,
consumer demand for nutritional foodstuff, changing consumer trends and food
preferences. Also surge in availability of various varieties across the world,
regular use of strong price promotions, growing competition and the numerous
new product launches by multinationals in developing economies will boost this
industry. Growing health and wellness concerns are increasing the demand for
low sugar products and NFC (not from concentrate) juices which limits this
industry.
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The Asia Pacific market for Soft
drink concentrate is segmented on the basis of application, end use and region.
Based on product, the market is segmented into carbonated and Non-Carbonated.
Carbonated is further segmented into Cola & Non-cola. Cola concentrates has
the major share in the market, though, growing health concerns and high
caffeine content in cola concentrate may surge the growth of non-cola
concentrates. Non-carbonated is further segmented Grape, Pineapple, Grapefruit,
Orange, Apple, Mixed, Mango. Based on end use, the market is segmented into
Food Service, Mass Merchandise, and Fountain Machine.
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Asia Pacific is geographically
segmented into China, India, Japan, South Korea, Taiwan, Australia and South
East Asia. China and India are likely to increase the market because of huge
population. Also Asia Pacific is largest growing segment.
Kraft Foods, Dr. Pepper Snapple
Group, Royal Cosun, David Berryman Limited, Big Red Inc.The Coca-Cola Company,
PepsiCo, Inc., Monster Beverage Corp, Cott Corporation, Dohler Group, , Royal
Crown Cola Company, Inc. and Nestle SA are the leaders in the Asia Pacific Soft
Drink Concentrates market.
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