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The global cordial drink market is expected to grow at a CAGR of about 4.8% between 2023 and 2032.
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Europe is expected to account for a significant share in the global market for cordial drinks. The rapidly rising consumption of healthy drinks in the region is driving the growth of the industry in Europe. Europe is one of the most dominant regions for cordial drinks, both in terms of consumption and production. European consumers, in contrast to consumers from the United States and Asia, also highly prefer cordial drinks, with many traditional beverage recipes featuring cordials. Consequently, there is a large presence of major producers of cordial drinks in the European market.
Due to their increased use in the food and beverage industry, the cordial drink market is expected to gain momentum in its growth globally. The increasing demand for ready-to-serve beverages is also expected to fuel the growth of the cordial drink industry. The shift in the consumers’ preferences from carbonated and alcoholic beverages to organic and nutritionally-rich drinks are also expected to favourably aid the market growth.
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Cordial drink is also widely referred to as squash. It is a condensed liquid that is not alcoholic and used to make drinks. It usually includes berries or other fruits, fruit juices, water, and sugar or a substitute for sugar. Food colouring and additional fragrance can also be present in the modern cordial drink.
Based on flavour, the industry can be segmented as follows:
By nature, the product can be bifurcated into organic and conventional. The types of the product can be divided into:
The packaging types in the industry can be segmented as follows:
The major distribution channels for cordial drinks can be divided into:
The regional markets for cordial drink can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The changes in lifestyles and eating habits have led to a rise in the consumption of inexpensive, nutritious, and convenient beverages, such as cordial drinks, which has catalysed the global cordial drink market growth. In order to increase the customer base, manufacturers have added a wide variety of flavours and aromas to their product portfolios and are producing juices that are free from preservatives and sugar. These are expected to propel their growth within the cordial drink industry.
Previously, because of the absence of infrastructure and storage facilities, many players were hesitant to sell their goods in developing countries. However, with the number of organised retail outlets growing in these regions, many players are now prepared to invest in these markets to boost their cordial drink production. Moreover, millennials are increasingly looking for new taste experiences and are exploring the fresh flavours offered by the cordial drink producers by including them in traditional drinks and new products. These factors are expected to aid the growth of the market in the coming years.
The report gives a detailed analysis of the following key players in the global cordial drink market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Flavour |
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Breakup by Nature |
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Breakup by Type |
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Breakup by Packaging |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cordial Drink Market Analysis
8.1 Key Industry Highlights
8.2 Global Cordial Drink Historical Market (2018-2023)
8.3 Global Cordial Drink Market Forecast (2024-2032)
8.4 Global Cordial Drink Market by Flavour
8.4.1 Orange
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Apple
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Lime/Lemon
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Strawberry
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Peach
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Blackcurrant
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Mixed Fruit
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Blueberry
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Others
8.5 Global Cordial Drink Market by Nature
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Cordial Drink Market by Type
8.6.1 Sugar Free
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Regular
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Cordial Drink Market by Packaging
8.7.1 PET Bottles
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Glass Bottles
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Aluminium Cans
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Cordial Drink Market by Distribution Channel
8.8.1 Supermarkets/Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Convenience Stores
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Online Retail
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Others
8.9 Global Cordial Drink Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Cordial Drink Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cordial Drink Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cordial Drink Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cordial Drink Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cordial Drink Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Manufacturing Process
16.1 Overview
16.2 Detailed Process Flow
16.3 Operation Involved
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Britvic Plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Tovali Limited
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Bickford’s Australia Pvt. Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Rasna Pvt Limited
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Sainsbury’s Group
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Nichols Plc
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cordial Drink Market: Key Industry Highlights, 2018 and 2032
2. Global Cordial Drink Historical Market: Breakup by Flavour (USD Billion), 2018-2023
3. Global Cordial Drink Market Forecast: Breakup by Flavour (USD Billion), 2024-2032
4. Global Cordial Drink Historical Market: Breakup by Nature (USD Billion), 2018-2023
5. Global Cordial Drink Market Forecast: Breakup by Nature (USD Billion), 2024-2032
6. Global Cordial Drink Historical Market: Breakup by Type (USD Billion), 2018-2023
7. Global Cordial Drink Market Forecast: Breakup by Type (USD Billion), 2024-2032
8. Global Cordial Drink Historical Market: Breakup by Packaging (USD Billion), 2018-2023
9. Global Cordial Drink Market Forecast: Breakup by Packaging (USD Billion), 2024-2032
10. Global Cordial Drink Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11. Global Cordial Drink Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
12. Global Cordial Drink Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Cordial Drink Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Cordial Drink Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Cordial Drink Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Cordial Drink Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Cordial Drink Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Cordial Drink Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Cordial Drink Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Cordial Drink Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Cordial Drink Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Cordial Drink Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Cordial Drink Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Cordial Drink Market Structure
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The major market drivers include rising disposable incomes, rising consumption of convenient beverages, growing demand for nutritious products, and rising penetration of the product in the emerging regions.
The key trends guiding the market growth include the innovations in flavour and aroma by key players, the rising demand for beverages free from preservatives and sugar, and the adoption of innovative packaging by manufacturers.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading flavours in the market are orange, apple, lime/lemon, strawberry, peach, blackcurrant, mixed fruit, and blueberry, among others.
Organic and conventional are the major segments based on the nature of the product.
The significant types of the product in the market are sugar free and regular.
The significant packaging segments considered in the market report are PET bottles, glass bottles, and aluminium cans, among others.
The leading distribution channels in the market are supermarkets/hypermarkets, convenience stores, and online retail, among others.
The major players in the market are Britvic Plc, Tovali Limited, Bickford’s Australia Pvt. Ltd., Rasna Pvt Limited, Sainsbury’s Group, and Nichols Plc, among others.
The global cordial drink market is expected to grow at a CAGR of about 4.8% between 2023 and 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By flavour, the market is divided into orange, apple, lime/lemon, strawberry, peach, blackcurrant, mixed fruit, and blueberry, among others. Based on nature, the industry is segmented into organic and conventional. On the basis of types, the industry is segmented into sugar free and regular. PET bottles, glass bottles, and aluminium cans, among others, are the leading packaging types in the industry. By distribution channels, the market is segmented into supermarkets/hypermarkets, convenience stores, and online retail, among others.The major regional markets for cordial drink are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Britvic Plc, Tovali Limited, Bickford’s Australia Pvt. Ltd., Rasna Pvt Limited, Sainsbury’s Group, and Nichols Plc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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