subject: Research in Focus - Global Carbonated Drinks Market Forecast to Grow [print this page] In the report, entitled Future Success Strategies for Carbonated Soft Drinks, just-drinks predicts that, during this time, market volume will rise by nearly 8% to 230bn litres. Higher growth is forecast for the sports and energy drinks sector, which is expected to account for 24% of overall market value by 2014.
"Future strategies for the major industry players are likely to focus upon further removal of sugar and artificial ingredients to address consumer health concerns, as well as further experimentation with more novel flavours," the report's author Jonathan Thomas says.
Although CSDs still account for 40% volume share of the global soft drinks industry, consumption levels are either static or declining in many parts of the developed world. It is for this reason that many leading suppliers have been targeting emerging economies such as China and India in search of growth.
Consumer health concerns continue to shape corporate strategy, with diet and low-calorie varieties having capturing a 15% share of the global market.
"The industry has moved far beyond simply offering low or reduced-sugar versions of their brands, reformulating their products to include natural rather than artificial additives," says Thomas. "Suppliers have also been addressing portion sizes, as well as restricting the availability of their drinks in places such as schools."
The report also highlights the potential offered by sports and energy drinks, which now account for just over 20% of the global CSD market. Due to its recent success, many leading suppliers have been keen to increase their presence in the market, as well as developing new varieties offering different benefits to consumers. Suppliers are now experimenting with products marketed as offering mental as well as physical energy, while demand for drinks with calming and relaxation properties is also rising.
Since 1999, just-drinks.com has provided the global beverage industry with the latest news, insight and intelligence. The just-drinks.com research store (http://www.just-drinks.com/market-research/) provides the latest market research across drinks industry sectors. Including market reviews, forecast data, market trends, new product developments, latest insight and much more. The team of industry experts, analysts and journalists provide real-time news and comment on the latest industry developments.
Research in Focus - Global Carbonated Drinks Market Forecast to Grow
By: Aroq Limited
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