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Abhay 123
Abhay 123
Abhay 123
Submitted for
The partial fulfilment for the award of the degree Of
BACHELOR OF BUSSINESS ADMINISTRATION
IN
MARKETING
Certified by :
Mrs. PARNITA SHARMA
Date : ABHAY
JASWAL
Place: MANDI
5210560001
B.B.A.
TH
6 Sem
DECLARATION
Date :
Soft drink were common preference among all the individual before juices were
being introduced
With the changing lifestyle and income level , people are shifting their
consumption patterns and have there fore become more health their consumption
thus leading to an increase in demand for juices
Status consciousness
Varying lifestyle
The basic subject matter of the research ,comparative analysis of Soft drinks and
juices is focused on studying in mind/taste of different age groups of people.
The study starts with determining the major players in soft drinks and juices
market , their over all consumption pattern among the people and up with
conclusion as per the state of mind of the average rational human being.
Sr
no CONTENTS
1. INTRODUCTION 1-23
1.1 Beverage
1.2 Overview o the industry
1.3 Study of growth of soft drink market
1.4 Major players in soft drink segment
1.5 Study growth of Fruits Drink market
1.6 Major players in fruits drink segment
6.
CONCLUSION SUGGESTIONS 45-47
1.1 BEVRERAGE
• Alcoholic beverages
• Non-Alcoholic beverage
• Soft dronk
• Fruits juice
• Hot beverages
• Other
1.Alcoholic beverages:
Non alcoholic beverages are drinks that would normally contain alcohol , such
as beer and wine but are made with less then .5 percent alcohol by volume . The
1
category includes drink that have undergone an alcohol remove process such as
non-alcoholic beers and de-alcohol zed wines .
3. Soft drink :
The name “soft drinks” and the term “drink” the letter which is nominally
neutral but often carries connotations of alcoholic content . Beverages like
colas, sparkling water , icedtea ,lemonade squash ,and fruit are among the
most common thy of soft drinks while hot chocolate ,hot tea ,coffee milk , tap
water , alcohol ,and milkshakes do not fall into this classification .Many
carbonated soft drinks are optionally in versions sweetened with sugar or with
non caloric sweeteners
4. Fruit juice
5. Hot beverages :
2
Coffee- based
• Coffee
• Cappuccino
• Americano
• Espresso
• Mocha
• Latte
• Black coffee
• Cold brew
• Iced coffee
• Cartado
• Green tea
• Tea
• Herbal tea
• Yerba mate
• Sanka
• Pearl milk tea
Other :
Some substances may either be called food or drink, and accordingly be eaten
with a spoon or drunk depending on solid ingredients in it and on how thick it is
, and on preference :
• Soup
• Yogurt
3
1.2 OVERVIEW OF THE INDUSTRY
Beverages Industry size was valued at USD 24.42 billion in 2019 and is poised
to grow from USD 26.8 billion in 2023 to USD 71.83 billion by 2031, growing
at a CAGR of 12.7% in the forecast period (2024-2031)
to the worldwide spread of the COVID-19 epidemic, the beverage industry for
non- alcoholic beverages is experiencing a sudden decline in soft drink sales
4
and consumption. The World Trading Organization predicts that for a while, the
global trade environment would be negatively impacted by between 15 to 30 %.
Market supply interruptions will be the result of the impact. The cancellation of
important sporting events including the Summer Olympics, Indian Premier
League (IPL), Cricket World Cup, and others would further hinder the market's
growth this year.
5
Key industry players:
PEPSICO
6
P epsiCo, Inc., based in Purchase, New York, is one of the world's largest food
and beverage companies. PepsiCo is known for its Frito-Lay snack food brands,
soft drinks under its Gatorade, Mountain Dew, and namesake Pepsi brands, and
cereal products under its Quaker Oats subsidiary.
The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At
the time it was introduced, the product contained cocaine from coca leaves and
caffeine from kola nuts which together acted as a stimulant. The coca and the
kola are the source of the product name, and led to Coca-Cola's promotion as a
"healthy tonic". Pemberton had been severely wounded in the American Civil
War, and had become addicted to the pain medication morphine. He developed
the beverage as a patent medicine in an effort to control his addiction.
In 1889, the formula and brand were sold for $2,300 $71,000 in 2022) to Asa
Griggs Candler, who incorporated the Coca-Cola Company in Atlanta in 1892.
The company has operated a franchised distribution system since 1889. The
company largely produces syrup concentrate, which is then sold to bottlers
7
throughout the world who hold exclusive territories. The company owns its
anchor bottler in North America, Coca-Cola Refreshments.
Likewise, to meet the consumer's evolving taste preferences and demand, the
market players are expanding their portfolios and innovating new products. The
beverage market has been growing simultaneously with the food market, with
two major segments contributing to its growth, namely non- alcoholic
beverages and alcoholic beverages.
Non-alcoholic beverages are the go-to drinks for any season or occasion in the
country. Two of India's most iconic drinks, masala chai and mango lassi, were
ranked among the top five best non-alcoholic beverages around the world. In
addition, India could be the next non-alcoholic beverage hub due to the
abundance of labor, raw materials, and government policies for the promotion
of food processing in the country. The revenue generated from this sector is
likely to increase to over 20 billion U.S. dollars by 2027.
8
The two primary sub-segments of the sector are carbonated and non-carbonated
beverages. Carbonated drinks have been a part of Indian beverage culture since
the introduction of international brands like Coca-Cola and PepsiCowhich were
considered emblems of westernization in the country. However, the preference
for aerated drinks is progressively decreasing as consumers are shifting towards
a healthy lifestyle. Most consumers are opting for functional and organic drinks,
with low or zero sugar.
The locally produced regional alcohol offers insights into the country's diverse
culture. Some of the famous regional liquor include the spiritous liquor feni
from Goa, Kerala's famous palm toddy, mahua from central India, and rice beer
or wine from the northeastern region. On the other hand, whiskey is the
preferred spirit liquor among urban Indians. Premium and super-premium
whiskey brands have also witnessed growth, catering to affluent consumers
seeking high-quality spirits.
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1.3 STUDY OF GROWTH OF SOFT DRINK MARKET
SOFT DRINKS
A soft drink (see § Terminology for other names) is any water-based flavored
drink, usually but not necessarily carbonated, and typically including added
sweetener. Flavors used can be natural or artificial. The sweetener may be a
sugar, high-fructose corn syrup, fruit juice, a sugar substitute (in the case of diet
sodas), or some combination of these. Soft drinks may also contain caffeine,
colorings, preservatives and other ingredients
MARKET
The Global Soft Drink market is anticipated to rise at a considerable rate during
the forecast period, between 2024 and 2031. In 2021, the market is growing at a
steady rate and with the rising adoption of strategies by key players, the market
is expected to rise over the projected horizon.
Due to the COVID-19 pandemic, the global Soft Drink market size is estimated
to be worth USD 133360 million in 2022 and is forecast to a readjusted size of
USD 169920 million by 2031 with a CAGR of 4.1% during the review period.
Fully considering the economic change by this health crisis, Carbonated Soft
Drinks accounting for % of the Soft Drink global market in 2021, is projected to
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value USD million by 2031, growing at a revised % CAGR in the post-COVID-
19 period.
While Online Sales segment is altered to an %
China Soft Drink market size is valued at USD million in 2021, while the US
and Europe Soft Drink are USD million and USD million, severally. The
proportion of the US is % in 2021, while China and Europe are % and %
respectively, and it is predicted that China proportion will reach % in 2031,
trailing a CAGR of % through the analysis period. Japan, South Korea, and
Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and %
respectively for the next 6-year period. As for the Europe Soft Drink landscape,
Germany is projected to reach USD million by 2031 trailing a CAGR of % over
the forecast period.
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1.4 MAJOR PLAYERS IN SOFT DRINKS SEGMENT
Coca cola has a truly remarkable heritage. From a humble beginning in 1886 it
has now become the flagship brand of the largest manufacturer, distributor of
non alcoholic beverages in the world.
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In India, coca cola was the leading soft drink till 1977 when govt. policies
necessitated its departure. Coca cola has made its return to the country in
1993.and made significant investment to ensure that the beverage is available to
more and more people in remote as well as inaccessible parts of the world.
Coca cola returned to India in 1993 and over the past ten years has captured the
imagination of the nation, building strong associations with cricket, the thriving
cinema industry, music etc. Coca Cola has been very strongly associated with
cricket, sponsoring the world cup in 1996.
In 2002, coca cola launched the campaign, "Thanda Matlab coca cola". 2003,
coke was available for just rs,5 crores in the country.
Limca is an Indian multinational brand of lemon- and lime-flavoured carbonated soft drink made
primarily in India and certain parts of the U.S. It contains 60 calories per 150ml can. The formula does
not include fruit, relying instead on artificial flavours.
[ In an interview in 2008, Ramesh Chauhan of Parle Bisleri revealed that he had approached the
owners of Duke's Lemonade, requesting them to share the formula for the drink with the promise not
to make it in India, which was turned down. Chauhan decided to come up with his own formula, which
he launched under the Limca brand in 1977.
13
SPRITE : THIRTS FOR YOURS
14
APPY FIZZ : FEEL THE FIZZ
15
Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.
As of
2023, Pepsi is the second most valuable soft drink brand worldwide behind
CocaCola; the two share a long-standing rivalry in what has been called the
"cola wars".
Pepsi, originally created in 1893 by Caleb Bradham and named "Brad's Drink,"
was first sold in his drugstore in New Bern, North Carolina. Renamed Pepsi-
Cola in 1898 due to its supposed digestive benefits, it was shortened to Pepsi in
1961. The beverage's formula initially included sugar and vanilla but not
pepsin, despite speculation on the origin of its name. Early on, Pepsi struggled
with financial stability, going bankrupt in 1923 but was subsequently purchased
and revived by Charles Guth, who reformulated the syrup. Pepsi gained
popularity with the introduction of a 12-ounce bottle during the Great
Depression and clever marketing strategies like the "Nickel, Nickel" jingle,
doubling sales by emphasizing its value.
The mid-20th century saw Pepsi targeting the African American market, a
thenuntapped demographic, with positive portrayals and endorsements from
prominent figures, boosting its market share. Despite occasional controversies,
such as an aborted Madonna advertisement and the "Pepsi Number Fever"
fiasco in the Philippines, Pepsi has remained a prominent global brand, partly
thanks to innovative marketing campaigns and sponsorships in sports
entertainment.
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1.5 STUDY OF GROWTH OF FRUIT DRINK MARKET
FRUIT JUICE
17
In the past, this sector enjoyed an excise exemption, keeping cost at
minimal. However the withdrawal of exemption has inflated costs and
can affect growth, with dramatic change possible on reintroduction of
excise exemption.
MARKET
18
* In the Juices market, volume, at home is expected to amount to
1,624.0m L by 2024.
19
B-NATRUAL : Nurturing India's Farms, Delighting Your Senses!
Paper Boat is a brand of fruit juice that has taken the market by storm
with its incredible range of juices and eye-catching packaging. By
using traditional Indian recipes and flavors, Paper Boat has gained a
position as one of the best fruit juice brands in India. Their variety of
juices includes Mango, Guava, Jaljeera, Kokum, and more. Offering
unique Flavors like aam panna and neer mor, Paper Boat stands out
among the best fruit juice brands in India .
20
DABUR REAL : REAL MEIN HAIN SADHARAN FRUIT DRINK
SE UPTO 8
TIMES ORE FRUIT JUICE;
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PEPSI’S TROPICANA: LITTLE GLASS HAS LOT OF WHAT
YOU NEED
With a global footprint of more than 2,000 associates that spans North
America and Europe, we are proud of our industry-leading
capabilities in areas that include innovation, R&D, manufacturing,
distribution, sales, marketing and nutrition expertise.
22
MAAZA : “BOTAL MAIN AAM ,MAAZA HAI NAAM”
23
2. LITERATURE
REVIEW
24
2. LITERATURE REVIEW
Dietitians may find this study to be a double-edged sword. On the one hand, it's
good news. For people who dislike eating fruits or vegetables, downing a glass
of grape juice or carrot juice is an easy way to get the vitamins, minerals, and
antioxidants they need to help prevent heart disease and cancer. But, on the
other hand, the issue of calories and carbohydrate surfaces when it comes to
folks who are trying to watch their weight and/or who have diabetes.
If one ever met with a dietitian for your diabetes, chances are he has been
advised to limit fruit juices. Why? Well, a 4-ounce glass of orange juice, for
example, contains about 60 calories and 15 grams of carbohydrate. In the
carbohydrate counting method of diabetes meal planning, this is considered
"one carb choice." Most people don't care, though, and end up drinking more
like 8 or 12 ounces, since calories add up, and the additional carbohydrate is
reflected in higher blood glucose readings shortly thereafter. And to make
matters worse, some juice drinks have additional sugar added to them, often in
25
the form of high fructose corn syrup (HFCS). This sweetener has its own set of
problems, including possible links to obesity and high triglyceride levels.
Cranberry juice cocktails and many fruit juice "blends" are examples of
sweetened juices. Instead, using juice to treat hypoglycemia and, instead, eating
fresh fruit. Fruit is higher in fiber and takes longer to eat, so it's more filling and
satisfying. Plus, it's easier to control portions with fruit than it is with juice.
Tomato or vegetable juice have fewer calories and less carbohydrate than fruit
juice.
Now comes along this review of literature with its conclusions that juices are
just as good as fruit. On the one hand, people can fight heart disease, cancer,
and possibly even Alzheimer disease by drinking juice. Fresh (or frozen) fruits
and vegetables offer something that juices don't, and that's the satisfaction of
eating a tart Macintosh apple on a crisp fall day; a sweet, juicy peach in the heat
of the summer; or a bright orange, crunchy carrot straight from the garden.
26
OBJECTIVE OF
THE STUDY
27
3. OBJECTIVE OF THE STUDY
29
4 REAEARCH METHODOLOGY
Analysis of feedback
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* Conclusion, findings and suggestions.
The main aim of this research study is to analyze the preference of people (of
different age groups) on consumption patterns of Soft Drinks and Fruit Juices.
This study is confined to the Himachal Pradesh region covering the area of
Mandi district.
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* EXPLORATORY RESEARCH
* CONCLUSIVE RESEARCH
Exploratory research is one type of research design, which has its primary
objective the provision of insights into, and comprehension of, the problem
situation confronting the researcher.
* Descriptive
* Experimental
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For the study, a sample size of 50 has been taken into consideration.
1. Primary data
2.Secondary Data
1) PRIMARY DATA:
2) SECONDARY DATA:
Secondary data will consist of different literatures like books which are
published, articles, internet and websites.
33
4.7 STATISTICAL TOOLS USED
The main statistical tools used for the collection and analyses of data in this
project are:
Pie Charts
Bar Diagrams
Questionnaire
34
DATA
35
ANALYSIS
AND
FINDING
36
40
35
30
25
20
15
10
5
0
FRUIT JUICE FRUIT JUICE BOTH of above None of above
INTERPRETATION:
Drinks
37
40
35
30
25
20
15
10
0
Soft drink Fruit juice
INTERPRETATION:
Drinks
38
(b) Parties/Functions
(c) Others
INTERPRETATION:
39
(b) Parties/Functions
(c) Others
INTERPRETATION:
40
. What induces you to buy fruit juice?
(c) Healthy
INTERPRETATION:
15of the respondents prefer to buy fruit juice on the basis of Price and quality.
15 of the respondents prefer to buy fruit juice on the basis of Brand and Taste.
30 of the respondents prefer to buy fruit juice on the basis of Health benefits.
41
. What do you prefer other than soft drinks or fruit juice?
(a) Coffee/Tea
(c) Lassi
(d) Other
INTERPRETATION:
From the survey it was found that amongst 50 respondents 10 of the respondents prefer Coffee/Tea
other than soft drinks or fruit juice. 30 of the prefer Shakes (milk/ice cream/fruit) other than soft
drinks or fruit juice.
5 of the respondents prefer Lassi other than soft drinks or fruit juice.
5 of the respondents prefer Other drinks other than soft drinks or fruit juice.
42
. Does advertising affect your purchase?
(a) Yes
(b) No
INTERPRETATION:
50% of the respondents don't get affected by advertisements. . Which drink do you think is more
healthy ?
(c) Both
43
INTERPRETATION:
From the survey it was found that amongst 50 respondents 100% of the respondents found Fruit juice
healthier.
44
CONCLUSION
AND
SUGGESTION
45
6.CONCLUSION
Following are the concluding points taken into consideration after the conduct of
the research study:
* An important finding that emerged out of the survey was that 60% of people
like to have soft drinks while 20% go for juices.
* A majority of the respondents consume soft drinks and fruit juices at the time of
parties & celebrations.
* Most of the respondents consume soft drinks because of its brand and taste.
* Most of the respondents view soft drinks as an aid to put of thirst and fruit juice
as a health drink.
* Half the majority of respondents got affected by the advertisements and half
were not.
* 100% of the majority reported fruit juice healthier than soft drinks.
46
SUGGESTIONS
With the changing lifestyle, people have started becoming more health conscious.
Therefore, the fruit juice companies should use appropriate morating techniques
thereby reducing the demand for soft drinks in the future.
The survey shows that parties/celebrations are the places where these drinks are
consumed The company's must try to increase the sales by creating and focusing
on more utilities so that their product is used more frequently.
The awareness level of the people is low and needs to be corrected to be healthy.
Therefore, various methods like campaigns by the government, help by the media,
etc. can be taken to change thi
LIMITATIONS
The study does not take into account the sales affected of the soft
Retailers view and the companies view to the questionnairewere not available.
47
7.ANNEXURE QUESTIONNAIRE
Name:
Age:-
Gender:
Male
Female
Occupation-
(b) Parties/Functions
(c) Others
48
Q4. On what occasion, do you prefer to consume fruit juice?
(b) Parties/Functions
(c) Others
(c) Healthy
Q6. What do you prefer other than soft drinks or fruit juice?
(a) Coffee/Tea
(c) Lassi
(d) Other
(a) Yes
(b) No
49
(a) Soft Drink
(c) Both
50
7.BIBLOGRAPHY
http://en.wikipedia.org
www.google.com
www.sodaking.co.za/news/84-the-history-of-soft-drinks
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