Market Overview:
The global frozen drinks market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising disposable income, changing lifestyle, and increasing demand for convenience foods. In terms of type, the alcoholic drinks segment is expected to dominate the global frozen drinks market during the forecast period owing to high demand from developed countries. However, non-alcoholic drinks are projected to witness highest growth rate over the forecast period due to increasing awareness about health benefits associated with them. Among applications, hypermarket & supermarket segment is estimated to account for majority share in terms of revenue in 2018 and is projected grow at a CAGR of 5%. This can be attributed rise in number of supermarkets and hypermarkets across globe coupled with growing trend for ready-to-eat food products.
Product Definition:
Frozen drinks are a category of mixed drinks that typically include ice as one of its ingredients. They may be any type of beverage, such as cocktails, smoothies, slushes, or milkshakes.
Alcoholic Drinks:
Alcoholic drinks are beverages prepared from the infusion or fermentation of cereals, fruits, and other plant materials. The alcoholic drink industry is expected to witness significant growth over the forecast period owing to factors such as rising disposable income and changing lifestyles in emerging economies.
The global alcoholic drink industry was valued at USD 887 billion in 2016 which is anticipated to grow at a CAGR of 3.
Non-alcoholic Drinks:
Non-alcoholic drinks are beverages that contain less than 0.5% of alcohol by volume. The category includes energy drinks, soft drinks, juices and nectars, bottled water, functional beverages (for example: probiotic beverage), dairy products with low or no milk sugar (for example: unsweetened plain yogurt), soy products and nutraceuticals among others.
The global non-alcoholic drink market size was valued at USD 439 billion in 2016.
Application Insights:
The hypermarket & supermarket segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The growth is attributed to an increase in demand for ready-to-drink (RTD) beverages among consumers, who prefer to buy these drinks from supermarkets and convenience stores due to their ease of preparation. Frozen cocktails are increasingly being consumed at social occasions such as weddings, parties, corporate events, etc., which has resulted in a higher demand for these drinks from this application segment.
Food & drink specialists are anticipated to be one of the fastest growing segments over the forecast period owing to increasing consumer preference for specialty cocktails made using premium ingredients that impart unique flavors and aromas when mixed with various ingredients such as spirits, juices or syrups.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high consumption of frozen drinks, changing lifestyles, and increasing health concerns among consumers. Europe accounted for a significant share of revenue in 2017 due to growing demand for low-calorie beverages among consumers as well as restaurants and cafes.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing with increasing disposable income levels, rising population awareness regarding healthy lifestyle changes, expanding food outlets such as hypermarkets & supermarkets.
Growth Factors:
- Increasing disposable income of consumers: The growth in disposable income of consumers has led to an increase in the demand for frozen drinks. This is because frozen drinks are considered as a luxury item and are seen as a status symbol.
- Changing lifestyle and growing popularity of socializing: The changing lifestyle of people has led to an increase in the demand for frozen drinks. Frozen drinks are considered as a perfect drink for socializing with friends and family members.
- Growing awareness about the health benefits of frozen drinks: There is growing awareness among people about the health benefits associated with consumption of frozen drinks such as weight loss, improved digestion, etc. This has led to an increase in the demand for these products among health-conscious consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Drinks Market Research Report
By Type
Alcoholic Drinks, Non-alcoholic Drinks
By Application
Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores
By Companies
Coca Cola, RedBull, DESHI, Kraft Foods, Nestle, Pepsico, ABInbev, Unilever, Heineken Brouwerijen, LACTALIS, Asahi, Diageo, General Mills, Tsingtao, Mengniu, Yili
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Drinks Market Report Segments:
The global Frozen Drinks market is segmented on the basis of:
Types
Alcoholic Drinks, Non-alcoholic Drinks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coca Cola
- RedBull
- DESHI
- Kraft Foods
- Nestle
- Pepsico
- ABInbev
- Unilever
- Heineken Brouwerijen
- LACTALIS
- Asahi
- Diageo
- General Mills
- Tsingtao
- Mengniu
- Yili
Highlights of The Frozen Drinks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alcoholic Drinks
- Non-alcoholic Drinks
- By Application:
- Hypermarket & Supermarket
- Food & Drink Specialists
- Convenience Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Frozen Drinks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Frozen drinks are a type of drink that is made with ice and either flavored syrup or fruit juice.
Some of the key players operating in the frozen drinks market are Coca Cola, RedBull, DESHI, Kraft Foods, Nestle, Pepsico, ABInbev, Unilever, Heineken Brouwerijen, LACTALIS, Asahi, Diageo, General Mills, Tsingtao, Mengniu, Yili.
The frozen drinks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frozen Drinks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Frozen Drinks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frozen Drinks Market - Supply Chain
4.5. Global Frozen Drinks Market Forecast
4.5.1. Frozen Drinks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frozen Drinks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Frozen Drinks Market Absolute $ Opportunity
5. Global Frozen Drinks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Frozen Drinks Market Size and Volume Forecast by Type
5.3.1. Alcoholic Drinks
5.3.2. Non-alcoholic Drinks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Frozen Drinks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Frozen Drinks Market Size and Volume Forecast by Application
6.3.1. Hypermarket & Supermarket
6.3.2. Food & Drink Specialists
6.3.3. Convenience Stores
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Frozen Drinks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Frozen Drinks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Frozen Drinks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Frozen Drinks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Frozen Drinks Demand Share Forecast, 2019-2026
9. North America Frozen Drinks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Frozen Drinks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Frozen Drinks Market Size and Volume Forecast by Application
9.4.1. Hypermarket & Supermarket
9.4.2. Food & Drink Specialists
9.4.3. Convenience Stores
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Frozen Drinks Market Size and Volume Forecast by Type
9.7.1. Alcoholic Drinks
9.7.2. Non-alcoholic Drinks
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Frozen Drinks Demand Share Forecast, 2019-2026
10. Latin America Frozen Drinks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Frozen Drinks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Frozen Drinks Market Size and Volume Forecast by Application
10.4.1. Hypermarket & Supermarket
10.4.2. Food & Drink Specialists
10.4.3. Convenience Stores
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Frozen Drinks Market Size and Volume Forecast by Type
10.7.1. Alcoholic Drinks
10.7.2. Non-alcoholic Drinks
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Frozen Drinks Demand Share Forecast, 2019-2026
11. Europe Frozen Drinks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Frozen Drinks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Frozen Drinks Market Size and Volume Forecast by Application
11.4.1. Hypermarket & Supermarket
11.4.2. Food & Drink Specialists
11.4.3. Convenience Stores
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Frozen Drinks Market Size and Volume Forecast by Type
11.7.1. Alcoholic Drinks
11.7.2. Non-alcoholic Drinks
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Frozen Drinks Demand Share, 2019-2026
12. Asia Pacific Frozen Drinks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Frozen Drinks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Frozen Drinks Market Size and Volume Forecast by Application
12.4.1. Hypermarket & Supermarket
12.4.2. Food & Drink Specialists
12.4.3. Convenience Stores
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Frozen Drinks Market Size and Volume Forecast by Type
12.7.1. Alcoholic Drinks
12.7.2. Non-alcoholic Drinks
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Frozen Drinks Demand Share, 2019-2026
13. Middle East & Africa Frozen Drinks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Frozen Drinks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Frozen Drinks Market Size and Volume Forecast by Application
13.4.1. Hypermarket & Supermarket
13.4.2. Food & Drink Specialists
13.4.3. Convenience Stores
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Frozen Drinks Market Size and Volume Forecast by Type
13.7.1. Alcoholic Drinks
13.7.2. Non-alcoholic Drinks
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Frozen Drinks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Frozen Drinks Market: Market Share Analysis
14.2. Frozen Drinks Distributors and Customers
14.3. Frozen Drinks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Coca Cola
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RedBull
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DESHI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kraft Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nestle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pepsico
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABInbev
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unilever
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Heineken Brouwerijen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LACTALIS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Asahi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Diageo
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. General Mills
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tsingtao
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mengniu
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Yili
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook