2022
0
China Sparkling Drinks Market Report 2022
2022-09-28T04:12:00+01:00
OX1103109
3695
156025
[{"name":"Carbonated Soft Drinks","url":"https:\/\/store.mintel.com\/industries\/drinks\/carbonated-soft-drinks"}]
Report
en_GB
"A resurgence of COVID-19 has made consumers realise the importance of CSD during troubled times. In addition to strengthening emotional connections with consumers and focusing on their home-centric lifestyles, CSD…

China Sparkling Drinks Market Report 2022

£ 3,695 (Excl.Tax)

Report Summary

“A resurgence of COVID-19 has made consumers realise the importance of CSD during troubled times. In addition to strengthening emotional connections with consumers and focusing on their home-centric lifestyles, CSD should also proactively cast aside its sugary image with better-for-you offerings. Meanwhile, texture innovation highlights a differentiation approach in sparkling drinks to provide a novel and customised sensory experience.”

– Roolee Lu, Senior Research Analyst

This Report will look at the following areas:

  • Future market outlook and growth prospects for the next five years
  • Latest new product trends and growth opportunities
  • Change in consumption trends and reasons for reduced consumption
  • Consumption purposes of different sparkling drinks
  • Attitudes towards sparkling drinks and interest in product innovation

Table of Contents

  1. Overview

    • What you need to know
      • Key issues covered in this Report
        • Covered in this report
          • Definition
          • Executive Summary

              • The market
                • Figure 1: Total volume sales (retail and non-retail) and forecast of carbonated soft drinks, China, 2017-27
                • Figure 2: Retail value sales and forecast of carbonated soft drinks, China, 2017-27
              • Companies and brands
                • Extending the cola wars from CSD to sparkling water
                  • Figure 3: Leading carbonated soft drink companies, by retail value share, 2020-22
                • Free from potassium sorbate becomes a new ‘zero’
                  • The consumer
                    • Sparkling drinks witness increased popularity
                      • Figure 4: Consumption usage, 2022
                    • Sugar is the major obstacle to CSD consumption
                      • Figure 5: Reasons for reduced consumption, 2022
                    • Fortified nutrients and mild carbonation are noteworthy NPD directions
                      • Figure 6: Interest in product concepts in CSD, 2022
                    • Sparkling water stands out in hydration while relaxing is the primary purpose for sugary CSD
                      • Figure 7: Consumption purpose, 2022
                    • Sparkling texture can help rejuvenate juice consumption
                      • Figure 8: Interest in innovation, 2022
                    • Pay attention to DIY needs given home-centric lifestyles
                      • Figure 9: Attitudes towards sparkling drinks – select items, 2022
                    • What we think
                    • Issues and Insights

                      • Utilise texture innovation to differentiate
                        • The facts
                          • The implications
                            • Figure 10: Pepsi Nitro, US, 2022
                            • Figure 11: Loftiwater, US, 2022
                          • Tap into in-home mixology trend with sparkling mixers
                            • The facts
                              • The implications
                                • Figure 12: Perrier x SelvaRey, US, 2022
                                • Figure 13: Product examples of sparkling mixer, Australia & UK, 2021
                              • Position soda makers as a cost-effective and ethical solution
                                • The facts
                                  • The implications
                                    • Figure 14: PepsiCo flavours for SodaStream, UK, 2022
                                • Market Size and Forecast

                                  • Slowdown in total consumption growth due to loss in non-retail channels
                                    • Figure 15: Total volume sales (retail and non-retail) and forecast of carbonated soft drinks, China, 2017-27
                                    • Figure 16: Non-retail volume sales and forecast of carbonated soft drinks, China, 2017-27
                                  • Stronger growth in retail value than volume resulting from price increase
                                    • Figure 17: Retail volume sales and forecast of carbonated soft drinks, China, 2017-27
                                    • Figure 18: Retail value sales and forecast of carbonated soft drinks, China, 2017-27
                                • Market Factors

                                  • Changing lifestyles given resurgence of COVID-19
                                    • Figure 19: Change in spending – spent more, 2020-22
                                  • Coke became a ‘hard currency’ during lockdown
                                    • Major players raise prices following growing cost of main raw materials
                                      • Figure 20: Trading up and down plans – non-alcoholic drinks, 2021-22
                                  • Market Share

                                    • Strengthened duopoly driven by sugar-free products
                                      • Figure 21: Leading carbonated soft drink companies, by retail value share, 2020-22
                                      • Figure 22: Leading carbonated soft drink companies, by retail volume share, 2020-22
                                      • Figure 23: New celebrity endorsements of Coca-Cola, China, 2022
                                      • Figure 24: New celebrity endorsements of Pepsi-Cola, China, 2022
                                    • The cola wars extend to sparkling water
                                      • Figure 25: Genki Forest Cola Flavoured Sparkling Soda Water, China, 2022
                                  • Marketing Activities

                                    • Tap into metaverse with virtual idols and concerts
                                      • Figure 26: TMElive x TMELAND x Pepsi, China, 2022
                                    • Utilise esports marketing to expand the audience to gamers
                                      • Figure 27: Coca-Cola x League of Legends and Coca-Cola x EDG, China, 2022
                                    • Upgrade packaging to support circular economy
                                      • Figure 28: Pepsi-Cola unlabeled, China, 2022
                                    • Crossover with adjacent categories to excite consumers
                                      • Figure 29: KellyOne x Wahaha and LELECHA x Perrier, China, 2022
                                  • New Product Trends

                                    • Sparkling texture extends to more subcategories
                                      • Figure 30: New non-alcoholic drink* launches, by share of carbonated (Fizzy/Sparkling/Bubbly) texture, China, 2017-22
                                      • Figure 31: New sparkling* non-alcoholic drink launches, by subcategory, China, 2017-22
                                      • Figure 32: Product examples of juice, RTD coffee and nutritional & meal replacement drinks with carbonated texture, China, 2021
                                    • Free from potassium sorbate becomes the fourth ‘zero’
                                      • Figure 33: New carbonated soft drinks launches, by top claim, China, 2017-22
                                      • Figure 34: New sparkling water launches, by top claim, China, 2017-22
                                      • Figure 35: Product examples of sparkling water with no additives/preservatives, China, 2021-22
                                      • Figure 36: Product examples of C’estbon FEEL and Nongfu Spring Soda Sparkling Water, China, 2022
                                    • Cola flavour sees a rebound, while tropical fruits are booming in CSD
                                      • Figure 37: New carbonated soft drinks launches, by top flavour component, China, 2017-22
                                      • Figure 38: Product examples of carbonated soft drinks with tropical fruit flavour component, China, 2022
                                      • Figure 39: Product examples of carbonated soft drinks with mysterious/exotic flavour, China, 2022
                                    • Niche fruits and sea salt become more prolific in sparkling water
                                      • Figure 40: New sparkling water launches, by share of unflavoured/plain flavour, China, 2017-22
                                      • Figure 41: New sparkling water launches, by top flavour component, China, 2017-22
                                      • Figure 42: Product examples of sparkling water with niche fruit flavour components, China, 2021-22
                                      • Figure 43: Product examples of Genki Forest’s limited edition product for Summer 2022, China, 2022
                                  • Consumption Usage

                                    • Flavoured sparkling water still leads consumption increase
                                      • Figure 44: Consumption usage, 2022
                                      • Figure 45: Consumption usage – flavoured sparkling water, 2020-22
                                    • Unflavoured sparkling water witnesses growing acceptance since 2020
                                      • Figure 46: Consumption usage – unflavoured sparkling water, 2020-22
                                    • Both sugary and diet/light CSD penetration rises
                                      • Figure 47: Consumption usage – carbonated soft drinks, 2021 vs 2022
                                      • Figure 48: Consumption usage – drinking more, by age, 2022
                                  • Reasons for Reduced Consumption

                                    • Sugar is the biggest stumbling block
                                      • Figure 49: Reasons for reduced consumption, 2022
                                    • Concerns about artificial ingredients also impede CSD consumption
                                      • More affluent consumers switch from CSD to sparkling water
                                        • Figure 50: Reasons for reduced consumption, by monthly personal income, 2022
                                        • Figure 51: Attitudes towards sparkling drinks – select items, 2022
                                    • Interest in Product Concepts in CSD

                                      • Fortified nutrients can attract most interest
                                        • Figure 52: Interest in product concepts in CSD, 2022
                                        • Figure 53: Interest in product concepts in CSD, by consumption usage of non-diet CDS, 2022
                                      • Highlighting carbonation level points out a differentiation opportunity
                                        • Using seasonal and cocktail flavours to tap into young generations
                                          • Figure 54: Interest in product concepts in CSD – select items, by generation, 2022
                                      • Consumption Purpose

                                        • Product innovation can encourage sparkling water consumption
                                          • Figure 55: Consumption purpose, 2022
                                        • Non-diet CSD stands out in lifting the mood
                                          • Figure 56: Consumption purpose of non-diet-CSD – selected items, by age, 2022
                                        • Unflavoured sparkling water can increase foodservice coverage
                                          • Figure 57: Consumption purpose of flavoured sparkling water, by age, 2022
                                      • Interest in Innovation

                                        • Consumers are very explorative in trying different sparkling drinks
                                          • Figure 58: Interest in innovation, 2022
                                          • Figure 59: Repertoire analysis – interest in innovation, by monthly personal income, 2022
                                        • Sparkling juice/coffee see increased ranking compared to 2020
                                          • Figure 60: Interest in innovation, 2020 vs 2022
                                          • Figure 61: Perrier x Starbucks At Home (星巴克家享咖啡), China, 2022
                                        • Gender difference affects interest in sparkling drink innovation
                                          • Figure 62: Interest in innovation – select items, by gender, 2022
                                          • Figure 63: Ambrosial Pasteurised and Carbonated Yogurt, China, 2022
                                      • Attitudes towards Sparkling Drinks

                                        • Flavour innovation can keep consumers excited
                                          • Figure 64: Attitudes towards sparkling drinks – select items, 2022
                                        • Sparkling drinks can resolve environmental concerns with upgraded packaging
                                          • Figure 65: Attitudes towards sparkling drinks – select items, 2022
                                        • Females have more interest in homemade cocktails and soda makers
                                          • Figure 66: Attitudes towards sparkling drinks – I’m willing to make alcoholic drinks (a) with sparkling drinks on my own, by gender and age, 2022
                                          • Figure 67: Attitudes towards sparkling drinks – agree, by gender and age, 2022
                                      • Food Personas

                                        • Who are they?
                                            • Figure 68: Food personas, 2022
                                            • Figure 69: Food personas, by generation, 2022
                                          • New trend explorers prefer sparkling water, while more emotional eaters choose non-diet CSD
                                            • Figure 70: Consumption usage – drinking more, by food persona, 2022
                                          • Critical shoppers pay special attention to nutrients, while new trend explorers favour innovative taste
                                            • Figure 71: Interest in product concepts in CSD, by food persona, 2022
                                        • Appendix – Market Size and Forecast

                                            • Figure 72: Total volume sales and forecast of carbonated soft drinks, China, 2016-26
                                            • Figure 73: Retail value sales and forecast of carbonated soft drinks, China, 2016-26
                                        • Appendix – Methodology and Abbreviations

                                          • Methodology
                                            • Abbreviations

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