Cordial Drink Market Size to Grow by USD 231.9 Million, Vendors to Deploy Growth Strategies such as Forming Strategic Partnerships - Technavio

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Nov 22, 2022, 16:35 ET

NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The cordial drink market size is expected to grow by USD 231.9 million from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 4.5% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Free Sample Report.

Cordial Drink Market 2022-2026: Vendor Landscape

Technavio has announced its latest market research report titled Global Cordial Drink Market

The cordial drink market is fragmented, and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market. The market is highly competitive and has various small and large vendors offering cordial drinks. Prominent vendors compete based on factors such as quality, price, innovation, packaging, service, distribution, brand image, and promotion. Stringent regulatory requirements create high entry barriers for new entrants. Moreover, significant investments are required in the R&D of cordial drinks, which makes small vendors partner with big players.

Cordial Drink Market 2022-2026: Segmentation

Packaging

PET Bottles: The PET bottles segment will be a significant contributor to market growth during the forecast period. The global beverage industry is the biggest end-user of PET bottles. The growth of this segment is driven by factors such as the increasing demand for premium beverage products, the rising consumption of beverages, and the growing need for convenient packaging.
Glass Bottles
Aluminum Cans
Others

Geography

APAC: APAC will account for 33% of the market's growth during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in other regions. China and India are the key countries for the cordial drinks market in APAC.
Europe
North America
South America
Middle East And Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions- Request a FREE PDF Sample Report

Cordial Drink Market 2022-2026: Scope

The cordial drink market report covers the following areas:

This study identifies the consumer demand for clean-labeled cordials as one of the prime trends in the cordial drink market growth during the next few years. Consumer preference for cordials over alcoholic and carbonated beverages has been instrumental in driving the growth of the market. However, low consumer demand for sweetened cordials might hamper the market growth.

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Cordial Drink Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the cordial drink market, including Asahi Beverages, Belvoir Farm, Bickfords Australia Pty. Ltd., Britvic Plc, CO RO AS, Fraser and Neave Holdings Bhd, Hindustan Unilever Ltd., Mapro Food Pvt. Ltd., Monin India Pvt Ltd, Naam Som LLC, Nichols plc, norfolkcordial, Orange Crush (M) Sdn. Bhd., RASNA PRIVATE LTD., Red Horse Fruit Juice Manufacturers Sdn. Bhd., Sainsburys Group, Suntory Holdings Ltd., The Coca Cola Co., The Urban Cordial Co. Ltd., and Tovali Ltd. are some of the major market participants.

Cordial Drink Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist cordial drink market growth during the next five years
Estimation of the cordial drink market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the cordial drink market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cordial drink market vendors

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Cordial Drink Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 4.5%
Market growth 2022-2026	USD 231.9 million
Market structure	Fragmented
YoY growth (%)	4.92
Regional analysis	Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution	APAC at 33%
Key consumer countries	US, China, India, UK, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Asahi Beverages, Belvoir Farm, Bickfords Australia Pty. Ltd., Britvic Plc, CO RO AS, Fraser and Neave Holdings Bhd, Hindustan Unilever Ltd., Mapro Food Pvt. Ltd., Monin India Pvt Ltd, Naam Som LLC, Nichols plc, norfolkcordial, Orange Crush (M) Sdn. Bhd., RASNA PRIVATE LTD., Red Horse Fruit Juice Manufacturers Sdn. Bhd., Sainsburys Group, Suntory Holdings Ltd., The Coca Cola Co., The Urban Cordial Co. Ltd., and Tovali Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table Of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Packaging
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Packaging

5.1 Market segments

Exhibit 24: Chart on Packaging - Market share 2021-2026 (%)
Exhibit 25: Data Table on Packaging - Market share 2021-2026 (%)

5.2 Comparison by Packaging

Exhibit 26: Chart on Comparison by Packaging
Exhibit 27: Data Table on Comparison by Packaging

5.3 PET bottles - Market size and forecast 2021-2026

Exhibit 28: Chart on PET bottles - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on PET bottles - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on PET bottles - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on PET bottles - Year-over-year growth 2021-2026 (%)

5.4 Glass bottles - Market size and forecast 2021-2026

Exhibit 32: Chart on Glass bottles - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Glass bottles - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Glass bottles - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Glass bottles - Year-over-year growth 2021-2026 (%)

5.5 Aluminum cans - Market size and forecast 2021-2026

Exhibit 36: Chart on Aluminum cans - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Aluminum cans - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Aluminum cans - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Aluminum cans - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Packaging

Exhibit 44: Market opportunity by Packaging ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 Europe - Market size and forecast 2021-2026

Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026

Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 India - Market size and forecast 2021-2026

Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 Bickfords Australia Pty. Ltd.

Exhibit 97: Bickfords Australia Pty. Ltd. - Overview
Exhibit 98: Bickfords Australia Pty. Ltd. - Product / Service
Exhibit 99: Bickfords Australia Pty. Ltd. - Key offerings

10.4 Britvic Plc

Exhibit 100: Britvic Plc - Overview
Exhibit 101: Britvic Plc - Business segments
Exhibit 102: Britvic Plc - Key offerings
Exhibit 103: Britvic Plc - Segment focus

10.5 CO RO AS

Exhibit 104: CO RO AS - Overview
Exhibit 105: CO RO AS - Product / Service
Exhibit 106: CO RO AS - Key offerings

10.6 Monin India Pvt Ltd

Exhibit 107: Monin India Pvt Ltd - Overview
Exhibit 108: Monin India Pvt Ltd - Product / Service
Exhibit 109: Monin India Pvt Ltd - Key offerings

10.7 Naam Som LLC

Exhibit 110: Naam Som LLC - Overview
Exhibit 111: Naam Som LLC - Product / Service
Exhibit 112: Naam Som LLC - Key offerings

10.8 norfolkcordial

Exhibit 113: norfolkcordial - Overview
Exhibit 114: norfolkcordial - Product / Service
Exhibit 115: norfolkcordial - Key offerings

10.9 Sainsburys Group

Exhibit 116: Sainsburys Group - Overview
Exhibit 117: Sainsburys Group - Product / Service
Exhibit 118: Sainsburys Group - Key offerings

10.10 The Coca Cola Co.

Exhibit 119: The Coca Cola Co. - Overview
Exhibit 120: The Coca Cola Co. - Business segments
Exhibit 121: The Coca Cola Co. - Key news
Exhibit 122: The Coca Cola Co. - Key offerings
Exhibit 123: The Coca Cola Co. - Segment focus

10.11 The Urban Cordial Co. Ltd.

Exhibit 124: The Urban Cordial Co. Ltd. - Overview
Exhibit 125: The Urban Cordial Co. Ltd. - Product / Service
Exhibit 126: The Urban Cordial Co. Ltd. - Key offerings

10.12 Tovali Ltd.

Exhibit 127: Tovali Ltd. - Overview
Exhibit 128: Tovali Ltd. - Product / Service
Exhibit 129: Tovali Ltd. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 130: Inclusions checklist
Exhibit 131: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 132: Currency conversion rates for US$

11.4 Research methodology

Exhibit 133: Research methodology
Exhibit 134: Validation techniques employed for market sizing
Exhibit 135: Information sources

11.5 List of abbreviations

Exhibit 136: List of abbreviations

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