About Acid Beverages
The acid in the beverages provides the tartness and tangy taste helping in balancing the sweetness of the sugar, they are actually the important element of beverages. An acid like citric acid, phosphoric acid, lactic acid are commonly found in various types of beverages. The acid helps in reducing the growth of bacteria and fungi, improving the shelf life of beverages. Most of the acid beverages tested ith a pH < 2.4 are lemon juice (pH 2.25), RC Cola (pH 2.32), Coca-Cola Classic (2.37), Coca-Cola Cherry (pH 2.38), Pepsi (pH 2.39).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The competitive landscape of acid beverages is characterized by a diverse range of players vying for market share. These companies offer a variety of acid-based drink options to cater to different consumer preferences. Innovation, product differentiation, and marketing strategies are key factors influencing competition in this sector. Players in the acid beverages market focus on developing unique flavor profiles, leveraging natural ingredients, and incorporating health-conscious attributes to attract consumers. Pricing, distribution networks, and partnerships with retailers also play significant roles in gaining a competitive edge. Overall, the acid beverages market is highly dynamic and competitive, with companies striving to capture consumer interest and secure a prominent position in the industry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Coca-Cola Company (United States), Simply Orange Juice Company (United States), Green Carrot Juice Company (Canada), AlterFood (France), Ya YA Foods Corporation (Canada), Celsius Holdings, Inc. (United States), Lotte Chilsung (South Korea), Suzhou Houssy Drinks Co. Ltd. (China), Forever Living Products International, Inc. (United States) and Bolthouse Farms, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Acid Beverages market by Type (Low Acid Foods & Beverages and High Acidic Foods & Beverages,) and Region.
On the basis of geography, the market of Acid Beverages has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural will boost the Acid Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Acid, the sub-segment i.e. Citric Acid will boost the Acid Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Acid Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Natural Acid Beverages Like Fruit Beverages with Specific Kind of Natural Acid Because of Its Health Benefits
Market Growth Drivers:
Shifting Taste Preferences off People Towards Various Types of Beverages and Increasing Demand for Beverages with Tangy Taste that Balances the Sweetness of Sugar in it
Challenges:
High Cost Associated with Acid Beverages
Restraints:
The Slow Down of Economy is Impacting the Production of Acid Beverages and Health-Related Issues with Acid Beverages
Opportunities:
Growing Demand for Acid Beverages from the Millenials in the Developing Countries
Market Leaders and their expansionary development strategies
In April 2022, Kerry, a global leader in taste and nutrition, acquired Natreon, Inc., an esteemed American provider of branded Ayurvedic botanical ingredients. Natreon is a prominent supplier of scientifically researched and tested Ayurvedic extracts, catering to the global dietary supplement, functional food, and beverage industries. Through this acquisition, Kerry strengthens its dominant position and enhances its ProActive Health portfolio by incorporating science-backed branded ingredients. This move further accelerates Kerry's technological advancements and growth.
In January 2023, Oatly Group AB, the pioneering and largest global oat drink company, and Ya YA Foods Corporation, a prominent contract manufacturer specializing in aseptic food and beverage products, partnered in North America. Under this arrangement, Oatly will maintain its production of the unique oat base at the Ogden, UT, and Fort Worth, TX facilities. The oat base will then be transferred to Ya YA Foods for on-site co-packing into Oatly products at each respective location.
Key Target Audience
Acid Beverages Manufacturers, Acid Beverages Distributors and Suppliers, Acid Beverages International Traders, Research and Developement Istitutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.