Asia-Pacific Soft Drink Concentrates Market

Asia-Pacific Soft Drink Concentrates Market Size

The soft drink concentrates market size in Asia-Pacific was valued at USD 6.92 billion in 2023. The Asia-Pacific market is estimated to grow at a CAGR of 5.04% from 2024 to 2032 and be worth USD 10.77 billion by 2032 from USD 7.27 billion in 2024.

Soft drink is a refreshment that contains carbonated water or still water, a sweetening specialist, and enhancing substances. The sweeteners might be sugar, high-fructose corn syrup, natural product squeeze, or sugar substitutes, i.e., fake or regular sweeteners. Depending on the kind of soft drink, 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 contain sugar, shading, flavors and at some point, may have stabilizers, organic product concentrates with negligible water content. The soft drink concentrates market is developing immensely in the nourishment and refreshment part due to simplicity of operation and accessibility in various assortments.

The significant drivers for soft drink concentrates are increasing preference for processed food and beverage, consumer demand for nutritional foodstuff, and changing consumer trends and food preferences. Also, the 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 propels the market growth in this region. Growing health and wellness concerns are increasing the demand for low-sugar products and NFC (not from concentrate) juices, which limits this regional market expansion.

SEGMENTAL ANALYSIS

By Flavor Insights

Based on product, the market is segmented into carbonated and non-carbonated. Carbonated is further segmented into Cola & Non-cola. Cola concentrates have a 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 into Grape, Pineapple, Grapefruit, Orange, Apple, Mixed, and Mango.

REGION ANALYSIS

China and India are likely to increase their market share because of the huge population. Also, Asia Pacific is the largest growing segment.

KEY PLAYERS IN THIS REGIONAL MARKET

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.

MARKET SEGMENTATION

This research report on the Asia-Pacific soft drink concentrates market is segmented into the below categories.

By Flavor

• Carbonated Soft Drink Concentrates
  • Cola
  • Non-Cola
• Non-Carbonated Soft Drink Concentrates
  • Orange
  • Apple
  • Mixed Fruit
  • Grapes
  • Pineapple
  • Grapefruit
  • Mango
  • Others

By End User

• Mass Merchandise
• Food Service
• Fountain Machine
• Others

By Application

• Carbonated
• Non-Carbonated

By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC