Research Expert: Sarah Overall
  • Published: May 2025
  • Pages: 150
  • SKU: IRTNTR73743

  • Cordial Drink Market 2024-2028: Key Players, Regional Trends, and Market Dynamics Driving Growth

    The cordial drink market is gaining momentum, projected to grow by USD 230.3 million at a CAGR of 4.5% between 2023 and 2028. This growth is fueled by shifting consumer preferences towards healthier, non-alcoholic beverage alternatives, sustainability trends, and innovation in packaging and product formulation. Cordial drinks—non-alcoholic, concentrated beverages made from fruits, vegetables, herbs, flowers, and spices—are increasingly replacing traditional alcoholic and carbonated drinks in consumers’ diets. The World Health Organization highlights the importance of such beverages in combating lifestyle diseases by offering healthier alternatives with reduced sugar content. These drinks include fruit cordials, vegetable cordials, fruit juice cordials, squash drinks, and flavored beverage concentrates. They provide long shelf life, easy preparation (concentrates or ready-to-drink formats), and versatility—ranging from standalone consumption to mixology applications in cocktails and mocktails.

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    Global cordial drink market 2024-2028

    Key Market Players

    Several leading companies dominate the cordial drink market landscape, leveraging innovation, mergers, and partnerships to capture increasing demand:

    • Asahi Beverages

    • Belvoir Farm Drinks Ltd.

    • Bickfords Australia Pty. Ltd.

    • Britvic plc

    • CO-RO AS

    • Fraser and Neave Holdings Bhd

    • Hindustan Unilever Ltd.

    • J Sainsbury plc

    • Mapro Food Pvt. Ltd.

    • Monin Inc.

    • Naam Som LLC

    • Nichols plc

    • Norfolkcordial

    • Orange Crush M Sdn. Bhd.

    • RASNA PVT. LTD.

    • Red Horse Fruit Juice Manufacturers Sdn. Bhd.

    • Suntory Holdings Ltd.

    • The Coca Cola Co.

    • The Urban Cordial Co. Ltd.

    • Tovali Ltd.

    These companies are strategically investing in clean-label products, sustainable packaging, and flavor innovation to meet evolving consumer and retailer demands.


    Market Segmentation

    By Packaging

    • PET bottles: The fastest-growing segment, driven by consumer preference for durable, lightweight, recyclable packaging that showcases product clarity and brand differentiation. PET bottles range from 250 ml to 2 liters and support the rising demand for essence-rich, flavorful, and ready-to-drink cordials.

    • Glass bottles

    • Aluminium cans

    • Others

    By Geography

    • Europe: Key markets include Germany and the UK.

    • North America: Primarily the US.

    • Asia Pacific (APAC): China and India stand out as growth drivers.

    • South America

    • Middle East and Africa

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    Market Dynamics

    Drivers

    1. Consumer Preference Shift: Cordials are favored over alcoholic and carbonated beverages as consumers pursue healthier lifestyles, seeking beverages infused with natural fruits, herbs, flowers, and spices that offer customizable sweetness and flavors.

    2. Mixology & Cocktail Culture: The cocktail and mocktail trend is fueling demand for cordials as bartenders and enthusiasts adopt these versatile flavoring agents to create unique, low-sugar drink experiences.

    3. Sustainability & Packaging Innovation: Companies are adopting recycled PET bottles and aseptic packaging to reduce environmental impact, aligning with consumer and regulatory expectations on sustainability.

    4. Clean-label Demand: The rising consumer insistence on transparency and natural ingredients is propelling clean-labeled cordials—free from artificial colors, preservatives, and added sugars.

    Trends

    • Flavor Innovation: Botanical infusions, tropical fruits, berries, and citrus flavors are increasingly popular, offering depth and complexity to beverages.

    • E-Commerce Growth: Online retail and specialty stores provide a broad selection of cordial products, facilitating consumer access and variety.

    • Foodservice Adoption: The non-carbonated beverage segment, including cordials, is gaining traction within foodservice channels, focusing on preservative-free and natural ingredient options.

    Challenges

    • Decline of Sweetened Cordials: A significant challenge is the decreasing demand for highly sweetened cordials, as consumers move towards natural and low-calorie alternatives.

    • Customization Expectations: Brands face pressure to offer adjustable sweetness and flavor profiles to satisfy diverse consumer tastes.

    • Market Penetration: Small and niche players must compete against established brands with significant distribution and marketing budgets.

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    Market Research Overview

    The Cordial Drink Market has witnessed dynamic growth driven by the rising demand for a wide variety of flavored syrups and non-alcoholic drinks such as fruit cordial, elderflower cordial, and lime cordial. Consumers are increasingly drawn to refreshing beverages like blackcurrant cordial, raspberry cordial, and lemon cordial that combine natural flavors with health-conscious attributes, often using natural sweetener and low-sugar cordial formulations. Popular variants including orange cordial, ginger cordial, and rose cordial reflect the market’s expanding taste preferences, while cranberry cordial and mint cordial cater to those seeking unique, botanical flavors. The growing interest in botanical cordial and herbal cordial underlines a trend towards organic and artisanal offerings, with many producers focusing on organic cordial and artisanal cordial options to appeal to niche consumers. Additionally, flavored syrup, fruit syrup, and fruit concentrate form essential components in the production of traditional and homemade cordial, boosting the market’s diversity.


    Regional Market Trends

    United States

    The US market leads North America in cordial drink consumption, driven by consumer health consciousness and demand for innovative, clean-labeled products. E-commerce platforms and specialty stores have expanded distribution channels, supporting variety and accessibility.

    Europe

    Germany and the UK are central markets focusing on regulatory compliance, sustainability, and enhancing customer experience with diverse cordial offerings.

    Asia Pacific (APAC)

    APAC is expected to contribute 38% to global market growth through 2028. China and India show strong market expansion, supported by rising disposable incomes and urbanization.

    South America

    Emerging market demand is growing for refreshing, natural beverages as consumers shift away from sugary soft drinks.

    Middle East and Africa

    This region is witnessing gradual adoption of cordial drinks, with a focus on clean-label products to meet regulatory standards and evolving consumer tastes.


    Research Analysis Overview

    In-depth research into the Cordial Drink Market highlights the popularity of both classic and innovative varieties like berry cordial, citrus cordial, and floral cordial, alongside more exotic choices such as spiced cordial, tropical cordial, and exotic cordial blends. Varieties including peach cordial, apple cordial, and cherry cordial maintain their stronghold, while pomegranate cordial, grapefruit cordial, and passionfruit cordial are gaining traction due to their tangy and vibrant profiles. Market players are leveraging cordial mixer formulations to create versatile products suitable for diluted beverage and squash drink applications. The growing consumer preference for sweet cordial and tangy cordial flavor profiles encourages innovation in cordial essence development. This evolving landscape offers refreshing, flavorful options that satisfy a broad spectrum of tastes, making cordial drinks a staple in both traditional and modern beverage markets.

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    Conclusion

    The cordial drink market is positioned for steady growth between 2024 and 2028, driven by health trends, sustainability efforts, and flavor innovation. Key players are expanding portfolios to include clean-labeled, natural ingredient-based products packaged in eco-friendly PET bottles. APAC leads regional growth, while the US remains a significant market in North America. Challenges such as declining sweetened cordial demand and rising customization needs offer opportunities for manufacturers to innovate and differentiate.

     

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