15-Jul-2024 | Zion Market Research
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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032”. According to the report, the global powdered soft drinks market accounted for $12.28 billion in 2023 and is slated to hit $16.73 billion by the end of 2032 with a CAGR of nearly 3.5% between 2024 and 2032.
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 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), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032?” Report at https://www.zionmarketresearch.com/report/powdered-soft-drinks-market
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.
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.
Some key players operating in the powdered soft drinks market are:
Global Powdered Soft Drinks Market: Flavor Analysis
Global Powdered Soft Drinks Market: Packaging Analysis
Global Powdered Soft Drinks Market: Distribution Channel Analysis
Global Powdered Soft Drinks Market: Regional Analysis
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