New York, NY, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Powdered Soft Drinks Market By Flavor (Mango, Orange, Cola, Lemon, Apple, Mixed Fruit, and Others), By Packaging (Carton Boxes, Pouches, Cans, and Sachets), and By Distribution Channel (Store-Based Retailing and Online Retail): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global powdered soft drinks market accounted for USD 10,400 million in 2018 and is expected to reach around USD 12,152 million by 2025, at a CAGR of around 2.3% between 2019 and 2025.
Powdered soft drinks are basically characterized by the seasoned fruit concentrate, which is mixed with the water to have a revitalizing soft drink. The powdered soft drink market has remained pretty stagnant for the last decade, due to the advent of many alternate drinks in the beverage sector. Today, the consumers are trying more varieties of drinks and consumer disinterest, which has caused a decline in the powdered soft drink market growth. Product innovation and launch of different powdered soft drinks flavors are expected to propel the powdered soft drink market growth over the forecast timeline. Rising consumption of powdered while traveling and on long summer days will also drive the powdered soft drinks market in the future.
Browse through 54 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Powdered Soft Drinks Market: By Type, Applications, Industry Size, Share, Growth, Analysis, and Forecast, 2018–2025”.
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Growing consumer demand for ready-to-go products is the chief factor anticipated to propel the powdered soft drinks market development over the forecast time period. Hectic schedules and busy lives of people reduce the time spent on preparing tasty, healthy, and preservative-free beverages. Therefore, packed and convenient products like powdered soft drinks are predicted to become a favored option among consumers in different age groups.
On the basis of flavor, the powdered soft drinks market comprises mixed fruit, mango, cola, orange, apple, lemon, and others. In several cases, the products are introduced to cater to the demands of region-specific flavors. Products designed to satisfy the diverse demands of different regions have proven to be beneficial for market development over the last few years.
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By packaging, the powdered soft drinks market includes pouches, carton boxes, sachets, and cans. The innovation in the packaging has considerably boosted this market in the last few years. One of the major packaging formats that are popular among consumers is sachets. A sachet complements the ease of carrying and is available in a variety of sizes to cater to the varying consumer needs. Thus, the sachet segment is expected to grow rapidly in the years ahead. By distribution channel, the powdered soft drinks market includes online retail and store-based retailing.
North America will witness a low demand for powdered soft drinks in the years ahead, as the regional consumers are becoming more and more health-conscious and looking for healthier beverages options. This is the major reason for the diminished North American powdered soft drinks market growth in the future.
Browse the full “Powdered Soft Drinks Market By Flavor (Mango, Orange, Cola, Lemon, Apple, Mixed Fruit, and Others), By Packaging (Carton Boxes, Pouches, Cans, and Sachets), and By Distribution Channel (Store-Based Retailing and Online Retail): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/powdered-soft-drinks-market
The powdered soft drinks market is expected to witness a similar trend in Europe as that of North America. As health consciousness is widespread across Europe, products like plant-based and vegan drinks are getting more shelf-space in retail shops; in recent years, powdered soft drinks have been suffering a serious backlash. Thus, this may result in a moderate powdered soft drinks market growth in the years ahead.
The Asia Pacific region is expected to witness a significant growth rate in the powdered soft drinks market over the forecast timeframe, owing to, the readiness of consumers to experiment with new tastes and brands is resulting in many big players to expand their production, particularly in the emerging countries of China and India. This is anticipated to be a major growth driver propelling the powdered soft drinks market in the Asia Pacific over the estimated time period.
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The Middle East and Africa is expected to witness a steady rate of growth in the powdered soft drinks market over the forecast timeframe, as local and regional powdered soft drinks manufacturers are increasing their production due to immense growth potential and comparatively lower competition.
The Latin American region is expected to witness a consistent rate of growth in the powdered soft drinks market over the forecast years, owing to the region’s hot climate. Additionally, the growing demand for convenient refreshments is likely to further propel the powdered soft drinks market development over the forecast time period.
Some key players operating in the powdered soft drinks market are Cargill Incorporated, Insta Foods, Firmenich, Tate & Lyle, Bemis Company, Sugam Products, Coperion, Kraft Foods, Gatorade, and SMC Enterprise.
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This report segments the global powdered soft drinks market into:
Global Powdered Soft Drinks Market: Flavor Analysis
- Mango
- Orange
- Cola
- Lemon
- Apple
- Mixed Fruit
- Others
Global Powdered Soft Drinks Market: Packaging Analysis
- Carton Boxes
- Pouches
- Cans
- Sachets
Global Powdered Soft Drinks Market: Distribution Channel Analysis
- Store-Based Retailing
- Online Retail
Global Powdered Soft Drinks Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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