The global powdered soft drink market is anticipated to grow significantly at a CAGR of 2.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2022, soft drink company Monster Beverage Corp. announced that it has acquired the Perrin Brewing Co. With this acquisition both the company will provide a full in-place infrastructure, including people, distribution, and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry. In addition, in July 2020, Neuro brands LLC has introduced a new line of powdered drink mixes. The new mix is a new version of neruoSLEEP and neuroIMMUNE beverages. In conjunction with a healthy diet, neuroIMMUNE provides a great source of vitamin D for the immune system. Further, in October 2019, Nestle expanded its partnership with New Age Beverages Corp. The deal between the company broadens New Age’s portfolio by adding Nestea powdered tea. It also expands the line with the new flavors and recipes.
Moreover, the growing spends by the food processing companies on advertising coupled with a string of production expansion activities will bring numerous growth opportunities for the powdered soft drinks market during the forecast period.
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Market Coverage
- The market number available for – 2022-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Flavour
- By Packaging
- By Distribution Channel
- Competitive Landscape- The Kraft Heinz Co., Nestle S.A., PepsiCo, Inc., Kerry Group Plc., Starbucks Corp., Bemis Manfacturing Co., Campbell Soup Co., and others.
Powdered Soft Drink Market by Segment
By Flavour
- Mango
- Orange
- Lemon
- Apple
- Others (mixed fruit and cola)
By Packaging
- Cartons
- Pouches and Sachets
- Others
By Distribution Channel
- Online Store
- Offline Store
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Powdered Soft Drink Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Bemis Manufacturing Co.
- Campbell Soup Co.
- Cargill inc.
- Danone Public Benefit Corp.
- Diageo plc
- Dr Pepper Inc.
- & J. Gallo Winery
- Insta Foods
- ITO EN Inc.
- Keurig Dr Pepper Inc.
- Koninklijke Douwe Egberts b.v.
- Lasco Foods, Inc.
- Mondel?z Global LLC
- Pepsico Inc.
- S untory Holdings Ltd.
- Tate & Lyle plc
- The Coca-Cola Co.
- The Wonderful Co. LLC.
- True Citrus Co.
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