Cordial Drinks Market Revenues to See Substantial Increase by 2024-2031 - Asahi Beverages, The Coca-Cola Company, Rasna Private Limited.

Cordial Drinks Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Cordial Drinks market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Cordial Drinks market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Cordial Drinks Market reached US$ 238.20 million in 2022 and is expected to reach US$ 346.60 million by 2030, growing with a CAGR of 4.8% during the forecast period 2024-2031.

What is Cordial Drinks Market?

Cordial drinks are non-alcoholic, concentrated beverages made from fruit extracts, herbs, or other flavors, typically mixed with sugar and water. To serve, they are diluted with water or soda, resulting in a refreshing drink that can be enjoyed chilled or over ice. Cordials are versatile, as they can also be used as mixers in cocktails or as sweet flavor enhancers in culinary applications. Known for their rich and intense flavor, cordial drinks are popular in regions like the UK and Australia, where they are sometimes also called "squash" or "diluting juice."

Key Players:

Profiles of some of the major players in the global Cordial Drinks market, which include:

Alchemy Cordial Company, Britvic Plc, Bickford's Australia, Asahi Beverages, The Coca-Cola Company, Rasna Private Limited, Nichols Plc, Mapro Garden LLP, Tovali Limited and Belvoir Farm.

Industry Development:

In July 2023, two female entrepreneurs from Prince Edward Island launched a new Raspberry Cordial Vodka Sparkling Beverage, adding a modern twist to the traditional cordial drink. This innovative beverage combines the beloved raspberry cordial flavor with vodka, resulting in a sparkling drink that balances sweetness and refreshment with a hint of alcohol. Inspired by local flavors and traditions, this product aims to appeal to both cordial enthusiasts and those seeking a unique, ready-to-drink cocktail option.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Cordial Drinks market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Type: Fruit Cordial, Vegetable Cordial, Herbs and Spices Cordial.

By Nature: Organic, Conventional.

By Category: Sugar-Free, Regular.

By Packaging: Glass Bottles, Plastic Bottles, Pouches, Other.

By Distribution Channel: Supermarkets/ Hypermarkets, Convenience Stores, E-Commerce, Other.

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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