Press release
Non-Alcoholic Concentrated Syrup Market Trend Shows Positive Signs of Growth in Worldwide | Britvic Plc, Himdard Laboratory, Nichols, Suntory Holdings Limited, The Coca-Cola Company
Non-Alcoholic Concentrated Syrup Market has been estimated to be valued at US$ 19.1 Bn by the end of 2021 and is expected to reach US$ 29.3 Mn by 2029, expanding at a CAGR of 6.3% during the forecast period 2021-2029. The analysis offers a detailed understanding of the market penetration of various non-alcoholic concentrated syrup types, applications, and sales channels with matching future potential, supported by current industry experts. Additionally, the market share can be customised to incorporate information on raw materials, production processes, and technology. This gives the client the ability to choose the category with the greatest development potential based on those growth rates and the accompanying drivers and limitations.Squash is a ready-to-serve non-alcoholic concentrated syrup that is used to sweeten beverages with fruit juice, water, and sugar or a sugar alternative. The syrup is designed to be blended largely with water before consumption because it is sweet when consumed undiluted. Because of this, it can be diluted to the consumer's preference in any quantity, typically at a ratio of one part squash to four or five parts water. The consumption of thick-flavored syrups has seen an improvement in recent years all across the world. Utilizing fruits in the preparation of squash would not only reduce fruit waste but also improve the nutritional value and sweetness of the beverage.
The demand from millennials and emerging markets, which is outstripping supply, is predicted to drive the market revenue to expand at a robust CAGR. Key growth drivers in the market for non-alcoholic concentrated syrup are technological advancements that enable effective production, an expanding product portfolio, upscale design and packaging, efficient operational maintenance, and sales monitoring. However, there are some market restraints for non-alcoholic concentrated syrup over the forecast period, including observing strict regulations and varying standards around the world, increasing competition, inflation estimated to stay above the upper band during the short term in important nations, and fluctuating raw material prices.
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Global Non-Alcoholic Concentrated Syrup Market: Segmentations
Global Non-Alcoholic Concentrated Syrup Market: By Key Players
Pioma Industries Pvt
Britvic Plc
Himdard Laboratory
Nichols
Suntory Holdings Limited
The Coca-Cola Company
Cottee`s Pvt. Ltd
Hindustan Unilever Limited
Elvin Group
Monin
Global Non-Alcoholic Concentrated Syrup Market: By Types
Fruit Syrup
Vegetables Syrup
Flavored Syrup
Global Non-Alcoholic Concentrated Syrup Market: By Applications
Online Sales
Offline Retail
Global Non-Alcoholic Concentrated Syrup Market: Regional Analysis
The countries covered in the regional analysis of the Global market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Questions Answered in This Report:
• What are the key driving factors and challenges in the industry?
• What is the structure of the global market and who are the key players?
• How has the global market developed in past years and how will it perform in the coming years?
• What is the impact of COVID-19, global inflation, Russia-Ukraine war on the market forecast?
• What is the current market size at global, regional, and country levels?
• What is the market penetration by different types, Applications, processes/technologies, and distribution channels of the market?
• How diversified is the Market and what are the new product launches, untapped geographies, recent developments, and investments?
• What are the potential regional markets to invest in?
• What is the high-performing type of products to focus on in the market?
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To understand the future outlook and prospects for the market.
Learn about the market policies that are being adopted by prominent organizations.
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