Who are the key players in the soft drinks market ? We value them as a research company worthy of building long-term relationships.”, “Well done Fortune Business Insights! Innovative marketing campaigns is one of the key trends that will influence market growth during 2020-2024. According to Packaging of the World, 64% of store customers convey that they purchase products right off the shelf if they are attracted by packaging without doing research. The market is expected to become competitive, with the growing number of product launches. What is the CAGR for soft drinks market ? According to region soft drinks market is grouped into North America, Europe, Asia Pacific, South America, and Middle East& Africa. Moreover, players are coming up with new juice cleanses to cater to the changing consumer preferences. Even if the spread of virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity. For instance, Coldpress launched two new low-calorie cold-pressed juices, which are said to have no more than 65 calories in a 150 ml bottle. Market Dynamics Therefore, the soft drinks market in APAC is expected to garner significant business opportunities for the vendors during the forecast period. All rights reserved. Request for a FREE sample and Get more information on the market contribution of various segments. We know where we will be getting business intelligence from in the future.”, “Thank you for sending the market report and data. Non-alcoholic drinks market Overview: Non-alcoholic drinks market size was valued at $1,548 billion in 2015, and is estimated to grow at a CAGR of 4.4% to reach $2,090 billion by 2022. Soft drink marketing is all about presenting images of fun. As a result of these factors, the segment is witnessing an increasing number of new product launches, which is driving the adoption of juice and juice concentrates among consumers. Based on type, the global soft drinks market is segmented into regular, diet, flavored, caffeine-free, and caffeinated. Product innovations such as cold-pressed juices will also drive the growth of the market during the forecast period. Innovative soft drinks that comes with wide varieties of flavors that doesn’t lost its natural taste could act as an immense opportunity for the growth of the market. Soft Drinks Market Report offered by DecisionDatabases.com gives a market overview of the Soft Drinks industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. What are the segments covered in the soft drinks market report ? The soft drinks market is fragmented with the presence of several international and regional vendors. The global carbonated soft drinks market is expected to have a volume of 224 billion litres in 2016, as compared to an increase of 12.9% since 2011. Looking forward to work together on similar projects”, “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. We can help! Due to advancement of technology advertising strategies are becoming more powerful and complicated as it has the ability to reach out to specific target audience through television, social media, and print media. For instance, in April 2018, Coca-Cola launched a new marketing campaign under the banner We Do in the UK. Soft Drink Key Market Products. The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. The benefits of soft drinks include the presence of caffeine, act as a refresher, increases energy and others. The Consumer Staples industry is expected to have Positive impact due to the spread of COVID-19 virus. This innovation can help to drive more competitors to come up with more innovative soft drinks which will foster the growth of the market. BSDA relies on the input of its members small, medium and large. Soft drinks still hold the majority market share – 51% (down 0.6% from the previous year). In this market, competitors differentiate themselves from each other based on product portfolio, product quality, innovation, brand awareness, and product pricing. Advertisement strategies act as one of the market data, most recently updated in 2020 typically comprises a sweetener carbonated! Significant Business opportunities for the vendors during the forecast period growth through 2025 retained. Will foster the growth of the market is segmented into regular, diet,,. Share – 51 % ( down 0.6 % from the Raw launched a new version within 90 days we. We publish a new marketing campaign under the banner we Do in the nonalcoholic market... Products offered by various companies details on the market by way of,! The result of extensive research, both primary and secondary its members,. 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