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Squash Drinks Market To Surpass USD 1.4 Bn, Globally, by 2029

Squash Drinks Market: Introduction

The latest market forecast report published by Transparency Market Research on the squash drinks market includes global industry analysis and opportunity assessment for the period from 2019 to 2029. The global squash drinks market is projected to grow at a CAGR of ~5% during the forecast period.

global squash drinks market share

Increase in Demand for Natural, Non-Modified Functional Ingredients

Consumers are more focused on healthy and nutritional beverages derived especially from natural sources. Consumers are opting for natural beverages (plant or animal-based), as they are more beneficial as compared to other beverages, including carbonated drinks and others. Nutrients from fresh and natural beverages are easily absorbed by the body compared to beverages composed of artificial ingredients. There are multiple health benefits associated with natural beverages, which include no obesity, weight loss, healthy lifestyle, and other natural cures. With increase in awareness among consumers regarding the health benefits of natural beverages, the demand for natural and functional ingredients is expected to increase. The demand for health drinks across the globe is high, which is likely to create growth opportunities for companies in the global squash drinks market. Ever-mounting demand for healthy, flavored beverages with natural constituents is projected to result in significantly high sales of squash drinks over the years. Due to these factors, the squash drinks market is anticipated to exhibit growth at a considerable pace during the forecast period.

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Millennials to be Most Experimental Consumers

Innovation in flavors is described as the key focal point, as changing consumer taste and expectations are exerting significant influence on the beverages sector. The growing sophistication in how consumers view flavor profiles in food and drink is creating new opportunities in marketing, product development, and food pairing. There is a use of cutting-edge scientific research into effects of context, social dynamics, physical reality, and musical and other sounds to influence flavor perception. The transportation to rarefied high art spaces also transforms the concept of what constitutes “good taste,” fusing concepts of beverage quality with cultural quality.

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Flavor and Palatability with High Nutritional Value to Drive Squash Drinks Market

In the global beverages industry, product innovation is a continuous process, which has fueled the growth of the beverages industry over decades. The use of non-alcoholic beverages started with the launch of simple cola flavored soda in the 90s and has evolved to a large varieties of drinks with different properties, such as infused flavor, added antioxidants, botanical flavors, blended varieties, and others. The increasing flavor inspiration among consumers has also propelled the demand for vibrant flavors and more palatable beverages in the market. This has led to the advent of various new concepts in the beverages industry, such as functional beverages, infused beverage, and fruit-based squash drinks in the beverages industry. Squash drinks are gaining customer attention due to their vibrant flavors, which contributes to sensorial satisfaction and unique mouthfeel experience of consumers. This is expected to drive the squash drinks market during the forecast period.

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Squash Drinks Market: Key Players

Key players operating in the squash drinks market, as profiled in the study, include Britvic PLC. (Robinsons), Tovali Limited (Tovali), J Sainsbury plc (Sainsbury’s), Nichols plc (Vimto), Dr Pepper Snapple Group (Schweppes), Unilever plc (Kissan), Prigat, PepsiCo Inc (Tropicana), Suntory group (Lucozade Ribena Suntory Ltd.), Carlsberg Breweries A/S, Harboe’s Brewery (Harboe Squash Light), The Coca-Cola Company,  and Belvoir Fruit Farms Ltd.

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Transparency Market Research,
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