The global cordial drink market was valued at USD 391.65 Million in 2024. The industry is expected to grow at a CAGR of 4.00% during the forecast period of 2025-2034 to attain a valuation of USD 579.74 Million by 2034.
Due to their increased use in the food and beverage industry, the cordial drink market is expected to gain momentum in its growth globally. The increasing demand for ready-to-serve beverages is also expected to fuel the growth of the cordial drink industry. The shift in the consumers’ preferences from carbonated and alcoholic beverages to organic and nutritionally-rich drinks are also expected to favourably aid the market growth.
Previously, because of the absence of infrastructure and storage facilities, many players were hesitant to sell their goods in developing countries. However, with the number of organised retail outlets growing in these regions, many players are now prepared to invest in these markets to boost their cordial drink production. Moreover, millennials are increasingly looking for new taste experiences and are exploring the fresh flavours offered by the cordial drink producers by including them in traditional drinks and new products. These factors are expected to aid the growth of the market in the coming years.
Rising Demand from Europe to Bolster the Cordial Drink Market Growth
Europe is expected to account for a significant share in the global market for cordial drinks. The rapidly rising consumption of healthy drinks in the region is driving the growth of the industry in Europe. Europe is one of the most dominant regions for cordial drinks, both in terms of consumption and production. European consumers, in contrast to consumers from the United States and Asia, also highly prefer cordial drinks, with many traditional beverage recipes featuring cordials. Consequently, there is a large presence of major producers of cordial drinks in the European market.Due to their increased use in the food and beverage industry, the cordial drink market is expected to gain momentum in its growth globally. The increasing demand for ready-to-serve beverages is also expected to fuel the growth of the cordial drink industry. The shift in the consumers’ preferences from carbonated and alcoholic beverages to organic and nutritionally-rich drinks are also expected to favourably aid the market growth.
Cordial Drink Industry Segmentation
Cordial drink is also widely referred to as squash. It is a condensed liquid that is not alcoholic and used to make drinks. It usually includes berries or other fruits, fruit juices, water, and sugar or a substitute for sugar. Food colouring and additional fragrance can also be present in the modern cordial drink.Based on flavour, the industry can be segmented as follows:
- Orange
- Apple
- Lime/Lemon
- Strawberry
- Peach
- Blackcurrant
- Mixed Fruit
- Blueberry
- Others
By nature, the product can be bifurcated into:
- Organic
- Conventional
The types of the product can be divided into:
- Sugar Free
- Regular
The packaging types in the industry can be segmented as follows:
- PET Bottles
- Glass Bottles
- Aluminium Cans
- Others
The major distribution channels for cordial drinks can be divided into:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Others
The regional markets for cordial drink can be divided into:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Growing Consumption of Nutritionally-Rich Beverages to Aid the Cordial Drink Market Growth
The changes in lifestyles and eating habits have led to a rise in the consumption of inexpensive, nutritious, and convenient beverages, such as cordial drinks, which has catalysed the global cordial drink market growth. In order to increase the customer base, manufacturers have added a wide variety of flavours and aromas to their product portfolios and are producing juices that are free from preservatives and sugar. These are expected to propel their growth within the cordial drink industry.Previously, because of the absence of infrastructure and storage facilities, many players were hesitant to sell their goods in developing countries. However, with the number of organised retail outlets growing in these regions, many players are now prepared to invest in these markets to boost their cordial drink production. Moreover, millennials are increasingly looking for new taste experiences and are exploring the fresh flavours offered by the cordial drink producers by including them in traditional drinks and new products. These factors are expected to aid the growth of the market in the coming years.
Key Players in the Global Cordial Drink Market
The report gives a detailed analysis of the following key players in the global cordial drink market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Britvic Plc
- Tovali Limited
- Bickford’s Australia Pvt. Ltd.
- Rasna Pvt Limited
- Sainsbury’s Group
- Nichols Plc
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Cordial Drink Market Analysis
6 North America Cordial Drink Market Analysis
7 Europe Cordial Drink Market Analysis
8 Asia-Pacific Cordial Drink Market Analysis
9 Latin America Cordial Drink Market Analysis
10 Middle East and Africa Cordial Drink Market Analysis
11 Market Dynamics
13 Manufacturing Process
14 Competitive Landscape
Companies Mentioned
The key companies featured in this Cordial Drink market report include:- Britvic Plc
- Tovali Limited
- Bickford’s Australia Pvt. Ltd.
- Rasna Pvt Limited
- Sainsbury’s Group
- Nichols Plc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 165 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 391.65 Million |
Forecasted Market Value ( USD | $ 579.74 Million |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |
No. of Companies Mentioned | 7 |