Lemonade Market Size, Share, Trend, Global Analysis, Leading Players Review, Impressive Growth
Research Reports
Jan 11, 2021
Market Analysis
Global Lemonade Market has been divided, by category, into flavored and plain. The plain segment is expected to dominate the global lemonade market during the assessment period due to high demand for the distinct sour taste of lemons. Lemons being the base ingredient for lemonades and consumers opting for original lemon flavor are driving the segmental growth across the world. However, changing tastes of consumers, technical advancements in the beverage industry, and lucrative packaging are projected to fuel the flavored segment and record the highest CAGR during the forecast period.
Lemonades are popular as a refreshment drink, mixer, and naturally sweetened beverage. They aid digestion and weight management, lower high blood pressure, and can be consumed to break fever. Market players are infusing ingredients and flavors, such as watermelon and strawberry, in lemonades and promoting flavored lemonades, which is further boosting the global market growth.
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Key Players
Some of the key players in the Global Lemonade Market are Britvic Soft Drinks Limited (UK), ARIZONA Beverages USA LLC (US), The Kraft Heinz Company (US), Hydro One Beverages (US), The Coca-Cola Company (US), PepsiCo Inc. (US), Snapple Beverage Corp. (US) and Nestlé S.A. (Switzerland)
By packaging type, the global lemonade market is divided into bottles, pouches, cans, and others. The bottles segment is expected to dominate the global market during the forecast period since bottles offer ease of consumption and have cost-friendly packaging. However, the pouches segment is expected to grow at the fastest rate during the assessment period as pouches are easy to distribute in rural and urban areas, provide ease of consumption, and have minimal risk of breakage.
Regional Analysis
Global Lemonade Market has been segmented by North America, Europe, Asia-Pacific, and the Rest of the World.
The lemonade market in North America is expected to dominate during the forecast period. Lemonades are widely consumed as a refreshment drink and can also be used in cocktails and mocktails as a chaser. Market players are using lemon juice in the manufacturing of lemonades, along with several flavors. Changing lifestyle trends, followed by increasing product awareness, are driving the sales of lemonade in North America.
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Segmentation
Global Lemonade Market has been segmented based on product type, category, packaging type, distribution channel, and region.
By product type, the global lemonade market has been segregated into cloudy and clear.
The global lemonade market has been classified based on category into flavored and plain.
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