The Frozen Drinks Market Study forecasts the market size across 6 regions and 24 countries for diverse segments including-Type (Alcoholic Drinks, Non-Alcoholic Drinks), Distribution Channel (Hypermarkets and Supermarkets, Speciality Stores, Convenience Stores, Others).
Frozen Drinks: The market for frozen drinks is driven by consumer preferences for convenient and refreshing beverages, especially in warm climates or during summer months. Key drivers include the demand for ready-to-drink frozen beverages, such as smoothies, slushies, and frozen cocktails, offering a convenient and indulgent refreshment option for consumers seeking cooling and flavorful drinks.
A prominent trend in the frozen drinks market is the growing demand for healthier and functional options. Consumers are increasingly seeking frozen beverages that not only provide refreshment but also offer nutritional benefits and functional ingredients. This trend involves a shift towards frozen drinks featuring natural flavors, low or no added sugars, and functional additives such as vitamins, antioxidants, or electrolytes. As health-conscious consumers look for enjoyable yet nourishing beverages, the market experiences an uptick in demand for frozen drinks that align with their wellness goals.
The primary driver propelling the frozen drinks market is the convenience and on-the-go refreshment these beverages offer. With busy lifestyles and a desire for portable, ready-to-consume options, consumers turn to frozen drinks as a convenient solution for quick refreshment. This driver is deeply rooted in the need for hassle-free yet satisfying beverage choices, making frozen drinks a popular option for those looking to stay cool and hydrated without the need for extensive preparation.
A potential opportunity in the frozen drinks market lies in innovation focused on natural and exotic flavor profiles. Manufacturers can explore creating frozen drinks with unique and authentic flavor combinations, incorporating exotic fruits, herbs, or botanicals. This opportunity involves tapping into the growing demand for diverse and premium frozen beverage options, offering consumers a wider range of flavors and experiences. Companies investing in the development of natural and exotic flavored frozen drinks can differentiate their products, attract adventurous consumers, and contribute to the expanding landscape of frozen beverage offerings in the market.
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
Geographical Segmentation
• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, South East Asia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, Egypt, South Africa, Nigeria, Rest of Africa)
The Coca-Cola Company
Red Bull GmbH
General Mills, Inc.
Claffey's Cocktails
PepsiCo, Inc.
The Kraft Heinz Company
Nestlé S.A.
Anheuser-Busch InBev SA/NV
Unilever PLC
L'Arche Green N.V
Lactalis Group
China Mengniu Dairy Company Limited
Tsingtao Brewery Co., Ltd.
Inner Mongolia Yili Industrial Group Co., Ltd.
Heineken N.V.
Diageo plc
KOLD Cocktails
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TABLE OF CONTENTS
1 Introduction To 2024 Frozen Drinks Markets
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Included
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Frozen Drinks Market Size Outlook, $ Million, 2021 to 2030
3.2 Frozen Drinks Market Outlook by Type, $ Million, 2021 to 2030
3.3 Frozen Drinks Market Outlook by Product, $ Million, 2021 to 2030
3.4 Frozen Drinks Market Outlook by Application, $ Million, 2021 to 2030
3.5 Frozen Drinks Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Frozen Drinks Industry
4.2 Key Market Trends in Frozen Drinks Industry
4.3 Potential Opportunities in Frozen Drinks Industry
4.4 Key Challenges in Frozen Drinks Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Frozen Drinks Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Frozen Drinks Market Outlook by Segments
7.1 Frozen Drinks Market Outlook by Segments
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
8 North America Frozen Drinks Market Analysis and Outlook To 2030
8.1 Introduction to North America Frozen Drinks Markets in 2024
8.2 North America Frozen Drinks Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Frozen Drinks Market size Outlook by Segments, 2021-2030
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
9 Europe Frozen Drinks Market Analysis and Outlook To 2030
9.1 Introduction to Europe Frozen Drinks Markets in 2024
9.2 Europe Frozen Drinks Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Frozen Drinks Market size Outlook by Segments, 2021-2030
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
10 Asia Pacific Frozen Drinks Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Frozen Drinks Markets in 2024
10.2 Asia Pacific Frozen Drinks Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Frozen Drinks Market size Outlook by Segments, 2021-2030
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
11 South America Frozen Drinks Market Analysis and Outlook To 2030
11.1 Introduction to South America Frozen Drinks Markets in 2024
11.2 South America Frozen Drinks Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Frozen Drinks Market size Outlook by Segments, 2021-2030
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
12 Middle East and Africa Frozen Drinks Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Frozen Drinks Markets in 2024
12.2 Middle East and Africa Frozen Drinks Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Frozen Drinks Market size Outlook by Segments, 2021-2030
Type
Alcoholic Drinks
Non-Alcoholic Drinks
Distribution Channel
Hypermarkets and Supermarkets
Speciality Stores
Convenience Stores
Others
List of Companies
The Coca-Cola Company
Red Bull GmbH
General Mills, Inc.
Claffey's Cocktails
PepsiCo, Inc.
The Kraft Heinz Company
Nestlé S.A.
Anheuser-Busch InBev SA/NV
Unilever PLC
L'Arche Green N.V
Lactalis Group
China Mengniu Dairy Company Limited
Tsingtao Brewery Co., Ltd.
Inner Mongolia Yili Industrial Group Co., Ltd.
Heineken N.V.
Diageo plc
KOLD Cocktails
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Type/brAlcoholic Drinks /brNon-Alcoholic Drinks /br/brDistribution Channel/brHypermarkets and Supermarkets /brSpeciality Stores /brConvenience Stores /brOthers
The global Frozen Drinks Market is one of the lucrative growth markets, poised to register a 4.8% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
The Coca-Cola Company, Red Bull GmbH, General Mills, Inc., Claffey's Cocktails, PepsiCo, Inc., The Kraft Heinz Company, Nestlé S.A., Anheuser-Busch InBev SA/NV, Unilever PLC, L'Arche Green N.V, Lactalis Group, China Mengniu Dairy Company Limited, Tsingtao Brewery Co., Ltd., Inner Mongolia Yili Industrial Group Co., Ltd., Heineken N.V., Diageo plc, KOLD Cocktails
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume