Non-Alcoholic Squashes are ready to serve drinks consists
of thick sugar syrup & fruits ingredients. These drinks are so called as
healthy soft drinks due to presence of natural flavors.
The Non-Alcoholic Squash market is
expected to grow at a CAGR of 6.5% during the forecast period of 2016-2021. The substantial increase in
consumption & production across the globe shows the growth of the market.
With 46%
global share, Asia-pacific had the largest share of in non-alcoholic squash
market and is projected to maintain its dominance in near future. After
Asia-Pacific, Latin America had the second largest market of non-alcoholic
squash products in the same year. The consumption in the region is more than
Western Europe as it shows a decline of 3% in the year 2014.
Further, North America non-alcoholic
squash market is slowly gaining its ground in the global market
and would offer an attractive market place for new and existing players.
Non-Alcoholic
Squash Market is one of the moderately growing markets across the globe. Rise
in health concerns & awareness about the long run health risks now forcing
people to shift from consumption of soft drinks & other beverages to
squash/syrups drink.
Fresh in nature
when prepared, availability of different flavors and presence of natural
ingredients would attract the consumers to consume the squash/syrups products
in near future which further projected to pave the way for non-alcoholic squash
market globally during the forecast period of 2016-2021.
Market Segmentation
i.
By
Ingredient Type
o Fruit Squashes
§
Apple
§
Mango
§
Orange
§
Blackcurrant
§
Strawberry
§
Others
o Vegetable Squashes
§
Zucchini
§
Butternut
§
Scallop
o Herbs & Spices Squashes
o Others
ii.
By
End-User
Based
on end user, the global non-alcoholic squash market is segmented as:
o Super Markets
o Departmental Stores
o Online Purchases
By Region
Non-Alcoholic
Squash Market is further classified on the basis of region as follows:
·
North
America (U.S. & Canada)
·
Latin
America (Brazil, Mexico, Rest of Latin America)
·
Western
and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, Rest of Western Europe)
·
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia)
·
Rest
of World
Growth Drivers and challenges
The rising
demand of squash in bakeries, food & beverages industry would drive this
market which further grows the non-alcoholic squash market globally.
The
absence of alcohol & presence of natural ingredients and variety of flavors
in all seasons attract the consumers to switch from carbonated soft drinks to
squashes.
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Rapid
urbanization & busy lifestyles would further bid to boost the demands of
healthy ready to serve squash across the globe. Ease of availability of
products would play an important role to drive the non-alcoholic squash market
across the globe.
However,
meeting various governmental regulations by food security & safety
authorities for better quality services would be a restraint for this market
globally as the presence of sugar in these squashes are high.
Moreover,
presence of different soft drinks substitutes would be a big restraint for the
market & would hinders the non-alcoholic squash market across the globe.
Key Players
·
Assis
Pvt. Ltd.
·
Bickford's
Australia Pvt. Ltd.
·
Britvic
Plc
·
Coca-Cola
Company
·
COTTEE’S Pvt.
Ltd.
·
Golden
Circle Ltd.
·
Humdard
Laboratory
·
Nichols
Plc
Segmentation
·
By
Devices
·
By
Services
·
By
End-user
Market
Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
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kindly visit: http://www.researchnester.com/reports/non-alcoholic-squash-market-global-demand-analysis-opportunity-outlook-2023/155
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