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Global Non Alcoholic Concentrated Syrup Squash Market Growth, Trends and Forecasts 2018 2023 [Report Updated: 01032018] Prices from USD $1923

07:38 EDT 13 Jul 2018 | BioPortfolio Reports

The global non alcoholic concentrated syrup Squash market is expected to register a CAGR of 5.6%. Growing demand for readytoserve drinks has strengthened the growth of nonalcoholic concentrated syrup market over the past few years. Also, the changing consumer preferences from carbonated beverages or soft drink to healthy drinks is anticipated to boost the growth of nonalcoholic concentrated syrup market over the forecast period.


Shifting Consumer Preference from Carbonated Beverages Driving the Market Growth


The increasing adoption of fruit juices as an alternative to carbonated beverages by health conscious consumers is expected to drive the growth of global squash market. The squash market has significant opportunities due to the increasing demand in hotels, airport and other food service chains. To carter to the rising demand for healthy drink, manufacturers are producing squash that are sugar free and has no artificial color. Changing consumer needs and introduction of product variants with new flavors is also likely to intensify the growth of the market. Consumers buy squash as it's a good value for money product.


Growing popularity for water enhancers are restraining the growth of the squash market.


Fruit Squash Leading the Squash Market


The market is segmented on the basis of product type into fruit squashes, vegetable squashes, spice and herb squashes and others. Amongst this, fruits squashes hold the highest market share in the total nonalcoholic concentrated syrup market. Increasing demand for herbal products is expected to expand the share of spice and herb squashes segment. Squash, which contains herbal ingredients, are a rich source of vitamins which is another reason for the growth of squash market globally.


AsiaPacific Leading at the Regional Front


Nonalcoholic concentrated syrup squash is identified as AsiaPacific region's specialty drink; hence, this region is considered as the largest market for squashes and syrups. Some parts of Europe, like the UK, Germany, and Italy also have a significant consumption rate. Other regions are part of the smaller markets for squashes and syrups. The consumption of such drinks is growing at a fast rate in the developing countries of Africa, South America and AsiaPacific.


MAJOR PLAYERS: PIOMA INDUSTRIES PVT. LTD, BRITVIC PLC, HUMDARD LABORATORY, NICHOLS PLC, SUNTORY HOLDINGS LIMITED, COCACOLA COMPANY, COTTEE'S PVT. LTD, BICKFORD'S AUSTRALIA PVT. LTD, PN BEVERAGES PVT. LTD, GOLDEN CIRCLE LTD, UNILEVER LTD, PRIGAT PVT LTD and ASSIS PVT LTD, amongst others.


Key developments


December 2017: A concentrated tonic syrup from Sweden has been launched in the UK, inspired by original recipes from the 19th century but with a modern twist with the addition of freshly pressed citrus, agave and juniper.


Reasons to Purchase this Report


Analyzing outlook of the market with the recent trends and Porter's five forces analysis.

Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.

Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and noneconomic aspects.

Countrylevel analysis, integrating the demand and supply forces that are influencing the growth of the market.

Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.

Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.

3 months analyst support along with the Market Estimate sheet in excel.


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Original Article: Global Non Alcoholic Concentrated Syrup Squash Market Growth, Trends and Forecasts 2018 2023 [Report Updated: 01032018] Prices from USD $1923

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