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The cordial drink market size is forecast to increase by USD 230.3 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Consumer preferences are shifting towards cordials as an alternative to alcoholic and carbonated beverages, driven by health and wellness trends. The increasing consumer awareness of the health risks associated with alcoholic drinks is leading to a decline in alcohol consumption and a rise in demand for safer alternatives. Additionally, there is a growing demand for clean-labeled cordials, as consumers increasingly seek out products with natural and organic ingredients. Conversely, the market for sweetened cordials is facing a decline due to changing consumer preferences towards reduced sugar and calorie intake. These trends are shaping the market, offering opportunities for manufacturers to innovate and cater to evolving consumer needs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Packaging
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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