Maximize Market Research, a leading Food and Beverages business consultancy and research firm has published a report on the “Global Carbonated Soft Drinks Market”. The total market opportunity for Global Carbonated Soft Drinks Market was USD 254.32 Bn in 2023 and is expected to grow at a CAGR of 4.7 percent through the forecast period, reaching USD 350.76 Bn by 2030. As per the report, the global Global Carbonated Soft Drinks Market is expected to be dominated by the North American regions to grow at a significant growth rate through the forecast period.
Global Carbonated Soft Drinks Market Report Scope and Research Methodology
Market Size in 2023: USD 254.32 Billion
Market Size in 2030: USD 350.76 Billion
CAGR: 4.7 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 224
No. of Tables: 158
No. of Charts and Figures: 186
Segment Covered: By Flavour, Distribution channel, Packaging.
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Global Carbonated Soft Drinks Market Scope and Research Methodology
The size and growth of the carbonated soft drink market are determined using a bottom-up methodology that looks closely at the market structure and competitive environment. Key findings include variables affecting the growth of the regional and global markets, barriers to additional growth, and potential benefits from technological advancements. Regional analysis provides information on market leaders, penetration, and demographic effects on the industry. The market’s division into product and age categories allows for a better knowledge of target markets, producers, and the development of tailored advertising strategies. A competitive matrix is created in order to analyze the competition between market leaders and newcomers in the global carbonated soft drink market. The study provides an overview of each organization with respect to revenue, financial status, technological improvements, current developments, mergers, partnerships, collaborations, and marketing strategies.
Global Carbonated Soft Drinks Market Overview
The Soft drinks refer to carbonated sugar-free drinks comprising of purified water, glucose, natural sugared flavors or non-caloric sweeteners (in case of diet sodas), caffeine, artificial taste compounds, concentrated sapid fruit syrup, antioxidants, and coloring matter. Popular brands of carbonated soft drinks include Coca-Cola, Sprite, Mountain Dew, Appy Fizz and Red Bull Energy Drink. Thums Up is also a popular carbonated soft drink. The two main types of distribution channels or sales methods for carbonated beverages are Hypermarkets, Supermarkets and Mass Merchandisers, Convenience Stores and Gas stations, Food Service Outlets, and Online Stores & D2C, or direct-to-consumer Internet sales.
Global Carbonated Soft Drinks Market Dynamics
The rise in the global Carbonated Soft Drink market is because of increased requirement for sports and energy drinks, increased interest on health and fitness by people and development of a fitness industry. Additionally, there is rising in consumption of low-calorie Carbonated Soft Drinks due to heightened customer interest in healthy and functional beverages. One of the factors that have attracted marketers to supplying low-calorie or even zero-calorie beverages like diet colas is the recent increase in the number of individuals who prefer foods and drinks which do not contain sugar but are low in calories. Concerning this note, this has led to an increased need for more zero-calorie fizzy waters by both fitness enthusiasts as well as dietitians. Some of the most popular carbonated soft drinks that have gained popularity in the recent past include Seltzer, club soda, sparkling mineral water, sparkling water with juice, spindrift, Perrier, Vita Coco Sparkling with this increase in popularity leading to more demand for these popular drinks.
Global Carbonated Soft Drinks Market Regional Insights
The Carbons Soft drinks market in North America is the dominant global market taking 32.7% in 2023 and is poised to keep this position in the period under review commanding the maximum proportion. The US stands as the biggest factor in the development of the market as it is the major place of operations for the majority of leaders in this field like the PepsiCo and Coca-cola companies; hence lead to an increase in needs for soft drinks among the today’s teenager and younger generations, putting more pressure on packaging manufacturers for ready meals as well as drinking products.
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Global Carbonated Soft Drinks Market Segmentation
By Flavour:
- Cola
- Citrus
- Others
By Flavour, The market is split into Cola, Orange and Others. During the forecast period, it is anticipated that the cola flavor segment will capture the largest market share in the Carbonated Soft Drinks category. The first mover’s advantage positions Cola-flavoured Carbonated Soft Drinks in a dominant position. The weight of the body is gained with the help of cola-flavoured. Cola-flavoured is known by other names soft drinks, cokes, pops, soda pops.
By Distribution Channel:
- Hypermarkets
- Supermarkets and Mass Merchandisers
- Convenience Stores and Gas Station
- Food Service Outlets
- Online Srtores & D2C
By Packaging:
- Bottles
- Cans
Global Carbonated Soft Drinks Market Key Competitors include:
North America
- Pepsi
- The Coca-Cola
- national beverage corp.
- Jones Soda Co.
- Keurig Dr Pepper Inc.
- Monster Beverage Corporation
Europe
- Britvic Soft Drinks Limited
- Red Bull GmbH
- Refresco Group
Asia-Pacific
- Suntory Holdings Limited
- F&N Foods Pte Ltd
- Parle Agro
- ANADOLU GRUBU A.ÅΕΎ.
MEA
- SODASTREAM INTERNATIONAL LTD.
South-America
- Britvic Soft Drinks Limited
- Postobón S.A.
- Ajegroup S.A.
Key questions answered in the Global Carbonated Soft Drinks Market are:
- What segments are covered in the Global Carbonated Soft Drinks Market report?
- Which region is expected to hold the highest Global Carbonated Soft Drinks Market share?
- What is the market size of the Global Carbonated Soft Drinks Market by 2030?
- What is the current growth rate of the Global Carbonated Soft Drinks Market?
- Who are the key players in the Global Carbonated Soft Drinks Market?
- What are the growth prospects in developing countries for the Global Carbonated Soft Drinks Market?
- Which segment is expected to witness the fastest growth and why in the Global Carbonated Soft Drinks Market?
- What are the factors affecting growth in the Global Carbonated Soft Drinks Market?
- Who held the largest market share in the Global Carbonated Soft Drinks Market?
- What are the opportunities for the Global Carbonated Soft Drinks Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segments | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Product, Sales Channel, Feature, and Age Group and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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