Packaging Innovations Will Create a Unique Drinking Experience and Boost Revenue in the Global Soft Drinks Market: TechNavio

Renewable energy

 

London, 17 November 2014 – TechNavio has announced the publication of a new market research report on the Global Soft Drinks Market, which is expected to post a CAGR of 3.92 percent in terms of revenue from 2014-2018.

According to the new report, packaging innovations will be a major trend expected to impact overall market growth thorough the projected period. Most of these innovations are centered on providing convenience for on-the-go consumption.

“A leading soft drink manufacturer in the UK has launched a carbonated soft drink that comes in a plastic aerosol format. The ‘nitro-fueled’ aerosol technology provides a foamy blast of orange and a distinct drinking experience targeted at the teen market,” says Faisal Ghaus, Vice President of TechNavio.

“Vendors in the market often struggle with brand visibility and uniqueness in such an oversaturated market. Differentiating products through creative packaging materials and accessorized packaging is one way to help push products and gain a wider consumer base.”

Additionally, vendors in this segment are increasingly looking towards alternatives to traditional soft drinks as a way to capture more health-conscious consumers. ‘Natural’ soft drinks, drinks sweetened with stevia, and coconut water are just a few alternatives that are being promoted by major vendors such as Nestlé, PepsiCo and Coca-Cola.
 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

Market Challenges:

Market Trends:

Key Vendors:

  • Asahi Group Holdings, Ltd.
  • Danone SA
  • Dr Pepper Snapple Group
  • Nestlé SA

Other Prominent Vendors:

  • Arizona Beverage
  • Bai
  • Bisleri International
  • CG Roxane

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