Product Code: ETC189523 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The cordial drink market in Sri Lanka caters to a diverse consumer base with a preference for sweet, concentrated fruit beverages. Cordials are popular for their refreshing taste and convenience, consumed both diluted with water or used as mixers in various drinks. The market sees competition among local producers and international brands, offering a range of flavors such as lime, mango, and mixed fruit. Marketing strategies often emphasize natural ingredients and health benefits to attract health-conscious consumers. Seasonal demand, particularly during hot weather and festive seasons, significantly boosts sales.
The cordial drink market in Sri Lanka is driven by the increasing consumer preference for non-alcoholic beverages and the growing awareness of health benefits associated with fruit-based drinks. The rising disposable income and changing lifestyle patterns, along with the influence of Western culture, have led to a surge in the consumption of cordial drinks. Marketing campaigns and new product launches also play a crucial role in market expansion.
The cordial drink market in Sri Lanka faces challenges related to consumer preferences shifting towards healthier and natural beverage options. The market is also impacted by fluctuating prices of raw materials like fruits and sugar, which are key ingredients. Additionally, stringent food safety regulations and the need for constant innovation to keep up with changing tastes add to the operational challenges. Competition from international brands and local producers alike makes market penetration and growth difficult.
The cordial drink market is regulated by the Ministry of Health and the Food Control Administration Unit, which set standards for food safety, quality, and labeling. Policies encourage the use of local fruits and ingredients to support agricultural sectors. Additionally, the government implements strict regulations to ensure hygiene and safety in production, packaging, and distribution processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Cordial Drink Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Cordial Drink Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Cordial Drink Market - Industry Life Cycle |
3.4 Sri Lanka Cordial Drink Market - Porter's Five Forces |
3.5 Sri Lanka Cordial Drink Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Sri Lanka Cordial Drink Market Revenues & Volume Share, By By Distribution Channel, 2021 & 2031F |
4 Sri Lanka Cordial Drink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Cordial Drink Market Trends |
6 Sri Lanka Cordial Drink Market, By Types |
6.1 Sri Lanka Cordial Drink Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Cordial Drink Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Sri Lanka Cordial Drink Market Revenues & Volume, By Fruit Cordials, 2021-2031F |
6.1.4 Sri Lanka Cordial Drink Market Revenues & Volume, By Mango, Orange, 2021-2031F |
6.1.5 Sri Lanka Cordial Drink Market Revenues & Volume, By Strawberry, 2021-2031F |
6.1.6 Sri Lanka Cordial Drink Market Revenues & Volume, By Vegetable Cordials, 2021-2031F |
6.1.7 Sri Lanka Cordial Drink Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.8 Sri Lanka Cordial Drink Market Revenues & Volume, By Spices Cordials, 2021-2031F |
6.2 Sri Lanka Cordial Drink Market, By By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Cordial Drink Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Sri Lanka Cordial Drink Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Sri Lanka Cordial Drink Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Sri Lanka Cordial Drink Market Import-Export Trade Statistics |
7.1 Sri Lanka Cordial Drink Market Export to Major Countries |
7.2 Sri Lanka Cordial Drink Market Imports from Major Countries |
8 Sri Lanka Cordial Drink Market Key Performance Indicators |
9 Sri Lanka Cordial Drink Market - Opportunity Assessment |
9.1 Sri Lanka Cordial Drink Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Sri Lanka Cordial Drink Market Opportunity Assessment, By By Distribution Channel, 2021 & 2031F |
10 Sri Lanka Cordial Drink Market - Competitive Landscape |
10.1 Sri Lanka Cordial Drink Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Cordial Drink Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |