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Asia Pacific Non-Alcoholic Concentrated Syrup Market By Type (Fruit Squash, Vegetable Squash, Herbs & Spices Squash And Others), Distribution Channel (Specialty Stores, Online Stores, Super Markets/ Hyper Markets, Convenience Store, Departmental Stores And Others) And Region -Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: January, 2022
ID: 6382
Pages: 145

Asia Pacific Non-Alcoholic Concentrated Syrup market is anticipated to grow at 7.95% CAGR from 2021 to 2026 and it is estimated that the Asia Pacific market was valued at USD 9.65 billion in 2021 and is expected to reach USD 14.15 billion by 2026.

Non-alcoholic concentrated syrup popularly known as squash are ready to serve types of drinks that include fruit juice, water, and sugar or sugar substitute. In the undiluted state, the syrup is sweet, so it is basically formulated to be mixed primarily with water before drinking. Thus, it can be diluted in any amount to match the taste of consumer, usually at a ratio of part squash to four or five-part water.

The syrup is driven by a few major factors such as high demand and popularity of ready-to-serve drinks, changing preferences from carbonated to healthy soft drinks, rapid urbanization, and busy lifestyles, with the changing pace of consumption. However, there are a few factors that are restraining, such as the presence of numerous soft drink alternatives and restricted demand in the niche soft drink market. Squashes/syrup market has good opportunities in the soft drink segment, such as serving these drinks in the catering industry through hotels, railways, and airports.

The Asia Pacific Non-Alcoholic Concentrated Syrup market is segmented on the basis of Type and Distribution Channel. On the basis of Type, it is segmented into Fruit Squash, Vegetable Squash, Herbs & Spices Squash, and Others. On the basis of Distribution Channel, it is segmented into Specialty Stores, Online Stores, Super Markets/ Hyper Markets, Convenience Store, Departmental Stores and Others.

On the basis of geography, the market is analyzed under various regions namely India, China, South Korea, Japan and Australia.  Squashes are identified as Asia-Pacific region’s specialty drink, hence this region is considered as the largest market for squashes and syrups. Other regions are part of the smaller markets for squashes and syrups. Consumption of these drinks is growing at a fast rate in the developing countries of Asia-Pacific. Numerous small and big enterprises are operating to serve such niche markets. The growth opportunity is evident in the developing regions such as China, Pakistan, Indonesia, Bangladesh, South Africa, Kenya, and India; due to the high population in these countries. This provides the basis for many big food processing companies to enter such a huge market. Due to the booming soft drink market, and multiple market distribution channels, the popularity of such non-carbonated drinks is expected to help the market grow at a continuous pace. Product launches, innovative drinks and flavors, and mergers and acquisitions with smaller level players have been strong business strategies for the squash market in these regions.

The market is dominated by companies like Pioma Industries Pvt. Ltd, Britvic plc, Humdard Laboratory, P&N Beverages Pvt. Ltd, Golden Circle Ltd., Unilever Ltd, Prigat Pvt Ltd Nichols plc, Suntory Holdings Limited, Coca-Cola Company, COTTEE’S Pvt. Ltd, Bickford's Australia Pvt. Ltd, and Assis Pvt Ltd.

1. Introduction                                                                 

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Distribution Channel                                                               

                                5.1.1 Introduction                                           

                                5.1.2 Specialty Stores                                    

                                5.1.3 Online Stores                                         

                                5.1.4 Super Markets/ Hyper Markets                                     

                                5.1.5 Convenience Store                                              

                                5.1.6 Departmental Stores                                          

                                5.1.7  Others                                     

                                5.1.6 Y-o-Y Growth Analysis, By Distribution Channel                                      

                                5.1.7 Market Attractiveness Analysis, By Distribution Channel                                    

                                5.1.8 Market Share Analysis, By Distribution Channel                                      

                5.2 Type                                                              

                                5.2.1 Introduction                                           

                                5.2.2 Fruit Squash                                           

                                5.2.3 Vegetable Squash                                

                                5.2.4 Herbs & Spices Squash                                       

                                5.2.5 Others                                      

                                5.2.6 Y-o-Y Growth Analysis, By Type                                     

                                5.2.7 Market Attractiveness Analysis, By Type                                   

                                5.2.8 Market Share Analysis, By Type                                     

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Distribution Channel                 

                                                6.1.3.3 By Type                 

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Distribution Channel                 

                                                6.1.4.3 By Type                 

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Distribution Channel                 

                                                6.1.5.3 By Type                 

                6.2 China                                                             

                6.3 India                                                              

                6.4 Japan                                                            

                6.5 South Korea                                                               

                6.6 Australia                                                      

7. Strategic Analysis                                                                       

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8. Market Leaders' Analysis                                                                        

                8.1 Pioma Industries Pvt. Ltd                                                      

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Britvic plc                                                     

                8.3 Humdard Laboratory                                                              

                8.4 P&N Beverages Pvt. Ltd                                                        

                8.5 Golden Circle Ltd.                                                    

                8.6 Unilever Ltd                                                               

                8.7 Prigat Pvt Ltd Nichols plc                                                       

                8.8 Suntory Holdings Limited                                                      

                8.9 Coca-Cola Company                                                

                8.10 COTTEE’S Pvt. Ltd                                                  

9. Competitive Landscape                                                                           

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10. Market Outlook and Investment Opportunities                                                                         

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  1. Asia Pacific Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  2. Asia Pacific Fruit Squash Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia Pacific Vegetable Squash Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia Pacific Herbs & Spices Squash Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  6. Asia Pacific Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  7. Asia Pacific Specialty Stores Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia Pacific Online Stores Market By Region, From 2022 - 2027 ( USD Billion )
  9. Asia Pacific Super Markets/ Hyper Markets Market By Region, From 2022 - 2027 ( USD Billion )
  10. Asia Pacific Convenience Store Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia Pacific Departmental Stores Market By Region, From 2022 - 2027 ( USD Billion )
  12. Asia Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  13. Japan Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  14. Japan Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  15. China Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  16. China Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  17. India Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  18. India Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  19. Australia Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  20. Australia Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  21. South Korea Non-Alcoholic Concentrated Syrup  Market By Type, From 2022 - 2027 ( USD Billion )
  22. South Korea Non-Alcoholic Concentrated Syrup  Market By Distribution Channel, From 2022 - 2027 ( USD Billion )

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