The squash/syrups category continued its slow but steady growth in 2014, with an increase in consumption of less than 1%. Further growth was restricted by a decline in West Europe, the largest market, as well as Latin America and Australasia. West Europe saw a 3% decline in 2014, as the two largest markets, the UK and France both saw declines. West Europe did not see growth larger than 2% in any countries, and so was unable to counteract the decline in the majority of West European markets.
Key Findings
* The main driver for decreasing volumes in West Europe is the health trend and subsequent concerns surrounding sugar consumption. This has drastically reduced the volumes of traditional squash/syrups being consumed by children, as parents worry about obesity and dental health
* Despite the negativity, producers have invested in innovation within the category, predominantly in the water enhancers segment, an area that has had a positive reception and seen growth. Support from the leading brands has enabled the segment to reach its target demographic of young adults and created new consumption occasions for squash/syrups
* Orange, the most popular flavor globally, has seen an increase of 1% - just ahead of the market - with Africa leading in terms of volume and a 6% growth rate. However, the best growth within the top ten flavors came from mango, with a 5% growth rate. Positive performances from all markets (bar Australasia) saw the relatively small segment grow impressively
Full Report Details at
- http://www.fastmr.com/prod/1076697_global_squashsyrups_report.aspx?afid=301
Synopsis
Canadean's Global Squash/Syrups report covering over 80 countries, provides:
* Top line production, import, export and consumption volume from 2009-2014 with forecasts to 2018
* 2013-2014 volume data by segment, flavour, key company, packaging and distribution (on-/off-premise), with 2015 forecasts
* Details of key new product launches in 2014 by company
* Overview of the competitive landscape in the Squash/Syrups market, with analysis of key company performance
* Insightful and valuable analysis of the drivers behind both current and emerging trends in the Squash/Syrups market
Reasons to Get this Report
* The Global Squash/Syrups report allows you to evaluate forecast projections to 2018, enhancing your understanding of the evolving trends and consumption patterns
* The report is arranged by region, with accompanying country profiles giving you a comprehensive view of current and emerging trends and opportunities to support your corporate strategic planning
* Identify the current and emerging trends and future growth opportunities in the global squash/syrups market to assess the likely impact on your company's performance
* Interrogate the data to understand both the historic and likely future performance of the global squash/syrups industry by region and country to support your long-term strategic planning
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Global Squash/Syrups Report 2015 - New Report Published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001