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Cordial Drink Market by Packaging and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 125
  • SKU: IRTNTR73743
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The cordial drink market share is expected to increase to USD 231.9 million from 2021 to 2026, at a CAGR of 4.5%.

This cordial drink market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cordial drink market segmentation by packaging (PET bottles, glass bottles, aluminum cans, and others) and geography (Europe, North America, APAC, South America, and Middle East and Africa). The cordial drink market report also offers information on several market vendors, including Asahi Beverages, Belvoir Farm, Bickfords Australia Pty. Ltd., Britvic Plc, CO RO AS, Fraser and Neave Holdings Bhd, Hindustan Unilever Ltd., Mapro Food Pvt. Ltd., Monin India Pvt Ltd, Naam Som LLC, Nichols plc, norfolkcordial, Orange Crush (M) Sdn. Bhd., RASNA PRIVATE LTD., Red Horse Fruit Juice Manufacturers Sdn. Bhd., Sainsburys Group, Suntory Holdings Ltd., The Coca Cola Co., The Urban Cordial Co. Ltd., and Tovali Ltd. among others.

What will the Cordial Drink Market Size be During the Forecast Period?

Cordial Drink Market Size

Download the Free Report Sample to Unlock the Cordial Drink Market Size for the Forecast Period and Other Important Statistics

 

Cordial Drink Market: Key Drivers, Trends, and Challenges

The consumer preference for cordials over alcoholic and carbonated beverages is notably driving the cordial drink market growth, although factors such as the low consumer demand for sweetened cordials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cordial drink industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Cordial Drink Market Driver

  • One of the key factors driving the cordial drink market is the consumer preference for cordials over alcoholic and carbonated beverages.
  • Alcohol consumption can cause death and disability relatively early in life. As a result, consumers are reducing their alcohol intake, and the consumer demand for non-alcoholic beverages such as cordials has steadily increased across the globe.
  • The dip in beer consumption has led to a decline in overall alcohol consumption as beer accounts for a significant share of the total alcoholic beverage industry. 
  • A reduction in the consumption of carbonated soft drinks across several countries has been observed owing to the introduction of various regulations, including the Penny-Per-Ounce tax in various parts of the US. 
  • Cordials have emerged as an alternative to alcoholic and carbonated beverages as they contain no intoxicating substances and are perceived as safe for consumption. Thus, the consumer preference for cordials over alcoholic and carbonated drinks is likely to boost the growth of the global cordial drink market.

Key Cordial Drink Market Trend

  • The consumer demand for clean-labeled cordials is a cordial drink market trend that is expected to have a positive impact in the coming years.
  • Clean labeling involves providing information about the ingredients of cordials through the labeling used on the drink. It ensures that the cordial is free from artificial colors, flavors, and ingredients and is made from natural and organic ingredients, including real fruit and vegetable extracts.
  • The increasing consumer awareness about the environmental impact caused by synthetic and artificial ingredients used in beverages is leading to the increased adoption of naturally derived cordials. 
  • The emerging trend of clean food labeling in the global cordial drink market is similar to that in the global food and beverage industry regarding the regulatory environment and health concerns that demand more comprehensive labeling.
  • Consumers are increasingly aware of what they are consuming. Increasing consumer preference for naturally derived ingredients for beverages and the growing trend of clean labeling will contribute to the growth of the global cordial drink market.

Key Cordial Drink Market Challenge

  • The low consumer demand for sweetened cordial will be a major challenge for the cordial drink market during the forecast period.
  • Vendors producing cordial drinks infuse their cordials with artificial sweeteners.
  • The sugar content in the cordials directly enters the bloodstream of the consumers when consumed. Elevated sugar levels can result in detrimental effects and can diminish the quality of life of the consumers.
  • As health consciousness and awareness increase among consumers, the uptake of sweetened cordials is likely to decrease during the forecast period. 
  • Consumers have been deterred from purchasing highly sweetened cordial drinks due to the increasing prevalence of lifestyle problems and health conditions such as diabetes and obesity.
  • For instance, according to the data provided by International Diabetes Federation (IDF), in 2021, approximately 537 million adults in the age group of 20-80 years were living with diabetes globally. These health conditions are linked to a high intake of sugar. Thus, the added sugar in cordials can hamper the growth of the global cordial drink market.

This cordial drink market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global cordial drink market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cordial drink market during the forecast period.

Who are the Major Cordial Drink Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Asahi Beverages
  • Belvoir Farm
  • Bickfords Australia Pty. Ltd.
  • Britvic Plc
  • CO RO AS
  • Fraser and Neave Holdings Bhd
  • Hindustan Unilever Ltd.
  • Mapro Food Pvt. Ltd.
  • Monin India Pvt Ltd
  • Naam Som LLC
  • Nichols plc
  • norfolkcordial
  • Orange Crush (M) Sdn. Bhd.
  • RASNA PRIVATE LTD.
  • Red Horse Fruit Juice Manufacturers Sdn. Bhd.
  • Sainsburys Group
  • Suntory Holdings Ltd.
  • The Coca Cola Co.
  • The Urban Cordial Co. Ltd.
  • Tovali Ltd.

 

This statistical study of the cordial drink market encompasses successful business strategies deployed by the key vendors. The cordial drink market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.

Product Insights and News

  • Bickfords Australia Pty. Ltd - Bickfords Australia Pty. Ltd. is a privately held company headquartered in Australia. It is a regional company generating $23.07 million in revenues and has around 46 employees. Its revenue from the global cordial drink market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Bickfords Australia Pty. Ltd - The company offers traditional cordial drinks which contain up to 35 percent of fruit juice with no artificial colors, flavors, or sweeteners and can be mixed with soda or still water to drink as mocktails. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The cordial drink market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Cordial Drink Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the cordial drink market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Cordial Drink Market?

Cordial Drink Market Market segmentation by region

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33% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for cordial drinks in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Europe is another region showing major market growth. In 2021, Europe was the largest contributor to the growth of the global cordial drink market. The growth can be attributed to the consumer demand for non-alcoholic and non-carbonated beverages, including cordials, and the presence of prominent vendors offering cordials in the regional market. This will facilitate the cordial drink market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic had a negative impact on the regional cordial drink market. Governments in various countries such as the UK, Germany, France, and the Netherlands imposed stringent COVID-19-related restrictions. However, in 2021, due to the availability of vaccines, there was a reduction in the number of COVID-19 cases in the region, which led to the easing of restrictions. The regional beverage industry has emerged from the negative impact of the pandemic. The demand for cordial drinks in the region has rebounded as retail outlets such as supermarkets, hypermarkets, and grocery stores have reopened. These factors have propelled the growth of the regional cordial drink market. 

What are the Revenue-generating Packaging Segments in the Cordial Drink Market?

Cordial Drink Market Segmentation

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The cordial drink market share growth by the PET bottles segment will be significant during the forecast period. The global beverage industry is the largest end-user of PET bottles. The PET bottles segment in the global cordial drink market is expected to grow during the forecast period, driven by the rising consumption of beverages, including cordials, the increasing demand for premium beverage products, and the growing need for convenient packaging.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cordial drink market size and actionable market insights on post COVID-19 impact on each segment.

 

Cordial Drink Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.5%

Market growth 2022-2026

$ 231.9 million

Market structure

Fragmented

YoY growth (%)

4.92

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Asahi Beverages, Belvoir Farm, Bickfords Australia Pty. Ltd., Britvic Plc, CO RO AS, Fraser and Neave Holdings Bhd, Hindustan Unilever Ltd., Mapro Food Pvt. Ltd., Monin India Pvt Ltd, Naam Som LLC, Nichols plc, norfolkcordial, Orange Crush (M) Sdn. Bhd., RASNA PRIVATE LTD., Red Horse Fruit Juice Manufacturers Sdn. Bhd., Sainsburys Group, Suntory Holdings Ltd., The Coca Cola Co., The Urban Cordial Co. Ltd., and Tovali Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

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What are the Key Data Covered in this Cordial Drink Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive cordial drink market growth during the next five years
  • Precise estimation of the cordial drink market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cordial drink industry across Europe, North America, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cordial drink market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Packaging
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Packaging

    • 5.1 Market segments
      • Exhibit 24: Chart on Packaging - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Packaging - Market share 2021-2026 (%)
    • 5.2 Comparison by Packaging
      • Exhibit 26: Chart on Comparison by Packaging
      • Exhibit 27: Data Table on Comparison by Packaging
    • 5.3 PET bottles - Market size and forecast 2021-2026
      • Exhibit 28: Chart on PET bottles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on PET bottles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on PET bottles - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on PET bottles - Year-over-year growth 2021-2026 (%)
    • 5.4 Glass bottles - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Glass bottles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Glass bottles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Glass bottles - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Glass bottles - Year-over-year growth 2021-2026 (%)
    • 5.5 Aluminium cans - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Aluminium cans - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Aluminium cans - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Aluminium cans - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Aluminium cans - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Packaging
      • Exhibit 44: Market opportunity by Packaging ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Bickfords Australia Pty. Ltd.
              • Exhibit 97: Bickfords Australia Pty. Ltd. - Overview
              • Exhibit 98: Bickfords Australia Pty. Ltd. - Product / Service
              • Exhibit 99: Bickfords Australia Pty. Ltd. - Key offerings
            • 10.4 Britvic Plc
              • Exhibit 100: Britvic Plc - Overview
              • Exhibit 101: Britvic Plc - Business segments
              • Exhibit 102: Britvic Plc - Key offerings
              • Exhibit 103: Britvic Plc - Segment focus
            • 10.5 CO RO AS
              • Exhibit 104: CO RO AS - Overview
              • Exhibit 105: CO RO AS - Product / Service
              • Exhibit 106: CO RO AS - Key offerings
            • 10.6 Monin India Pvt Ltd
              • Exhibit 107: Monin India Pvt Ltd - Overview
              • Exhibit 108: Monin India Pvt Ltd - Product / Service
              • Exhibit 109: Monin India Pvt Ltd - Key offerings
            • 10.7 Naam Som LLC
              • Exhibit 110: Naam Som LLC - Overview
              • Exhibit 111: Naam Som LLC - Product / Service
              • Exhibit 112: Naam Som LLC - Key offerings
            • 10.8 norfolkcordial
              • Exhibit 113: norfolkcordial - Overview
              • Exhibit 114: norfolkcordial - Product / Service
              • Exhibit 115: norfolkcordial - Key offerings
            • 10.9 Sainsburys Group
              • Exhibit 116: Sainsburys Group - Overview
              • Exhibit 117: Sainsburys Group - Product / Service
              • Exhibit 118: Sainsburys Group - Key offerings
            • 10.10 The Coca Cola Co.
              • Exhibit 119: The Coca Cola Co. - Overview
              • Exhibit 120: The Coca Cola Co. - Business segments
              • Exhibit 121: The Coca Cola Co. - Key news
              • Exhibit 122: The Coca Cola Co. - Key offerings
              • Exhibit 123: The Coca Cola Co. - Segment focus
            • 10.11 The Urban Cordial Co. Ltd.
              • Exhibit 124: The Urban Cordial Co. Ltd. - Overview
              • Exhibit 125: The Urban Cordial Co. Ltd. - Product / Service
              • Exhibit 126: The Urban Cordial Co. Ltd. - Key offerings
            • 10.12 Tovali Ltd.
              • Exhibit 127: Tovali Ltd. - Overview
              • Exhibit 128: Tovali Ltd. - Product / Service
              • Exhibit 129: Tovali Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 130: Inclusions checklist
                • Exhibit 131: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 132: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 133: Research methodology
                • Exhibit 134: Validation techniques employed for market sizing
                • Exhibit 135: Information sources
              • 11.5 List of abbreviations
                • Exhibit 136: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Cordial Drink Market market growth will increase by $231.9 mn during 2022-2026.
              The cordial drink market market is expected to grow at a CAGR of 4.5% during 2022-2026.
              Technavio has segmented the cordial drink market market by packaging (PET bottles, Glass bottles, Aluminium cans, and Others) and geography (Europe, North America, APAC, South America, and Middle East and Africa).
              Asahi Beverages, Belvoir Farm, Bickfords Australia Pty. Ltd., Britvic Plc, CO RO AS, Fraser and Neave Holdings Bhd, Hindustan Unilever Ltd., Mapro Food Pvt. Ltd., Monin India Pvt Ltd, Naam Som LLC, Nichols plc, norfolkcordial, Orange Crush (M) Sdn. Bhd., RASNA PRIVATE LTD., Red Horse Fruit Juice Manufacturers Sdn. Bhd., Sainsburys Group, Suntory Holdings Ltd., The Coca Cola Co., The Urban Cordial Co. Ltd., Tovali Ltd. are a few of the key vendors in the cordial drink market market.
              APAC will register the highest growth rate of 33% among the other regions. Therefore, the cordial drink market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the cordial drink market market growth are:
              • Consumer preference for cordials over alcoholic and carbonated beverages
              • Consumer demand for clean-labeled cordials
              The cordial drink market market vendors should focus on grabbing business opportunities from the pet bottles segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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