Carbonated Soft Drinks Market size was valued at US$ 242.91 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 4.7% through 2023 to 2029, reaching nearly US$ 335.02 Bn.
Carbonated Soft Drinks Market Overview
As per Maximize Market Research, global business research and consultancy firm,the global market Carbonated Soft Drinks Market was USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029.
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Carbonated Soft Drinks Market Scope and Methodology
The bottom-up approach was used in the report to estimate the Carbonated Soft Drinks Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the Carbonated Soft Drinks market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Carbonated Soft Drinks market.
Carbonated Soft Drinks Market Regional Insights
Categorized broadly, the Carbonated Soft Drinks market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.
Carbonated Soft Drinks Market Segmentation
The market is divided into three categories based on flavor: cola, citrus, and others. By 2029, the cola flavor segment is anticipated to have the biggest market share, accounting for xx%. Because of the first mover’s advantage, carbonated soft drinks with cola flavors currently hold the leading position. Cola-flavored products aid in body weight increase. The other names for the cola-flavored include soft drinks, cokes, pops, and soda pops. High fructose corn syrup and caffeine are both included in cola-flavored drinks. The demand for cola-flavored has been steadily increasing in the US. These are the advantages of cola-flavoured that are anticipated to spur this segment’s expansion in the global market for carbonated soft drinks from 2023 to 2029.
The market is divided into Hypermarkets, Supermarkets and Mass Merchandisers, Convenience Stores and Gas Stations, Food Service Outlets, Online Stores & D2C, and Others based on the distribution channel. During the forecast period of 2023-2029, the distribution channel sector for hypermarkets, supermarkets, and mass merchandisers is anticipated to expand quickly at a CAGR of xx%. Due to the wonderful shopping experiences that supermarkets and general merchandisers offer, many people choose to purchase soft drinks from them. Modern supermarket chains have sprung up all over the world as a result of increased income levels and urbanization. The mechanism for delivering food and beverages has altered as a result of the rise of supermarkets and hypermarkets.
The market is divided into Cans and Bottles based on packaging. The bottle segment is anticipated to expand quickly from 2023 to 2029, with a CAGR of%. Carbonated soft drinks are packaged in bottles because bottle packaging has many advantages, including being versatile, having a large selection of fillers, protecting the contents, and being long-lasting. The bottles category came in first place as a result of the constantly growing consumer demand for this type of packaging.
1 Global Carbonated Soft Drinks Market, by Flavour ( 2022-2029)
• Cola
• Citrus
• Others
2 Global Carbonated Soft Drinks Market, by Distribution Channel ( 2022-2029)
• Hypermarkets, Supermarkets and Mass Merchandisers
• Convenience Stores and Gas stations
• Food Service Outlets
• Online Stores & D2C
• Others
3 Global Carbonated Soft Drinks Market, by Packaging ( 2022-2029)
• Bottles
• Cans
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Carbonated Soft Drinks Market Key Players
1.PepsiCo, Inc.
2. The Coca-Cola Company
3. National Beverage Corp.
4. Reeds Inc.
5. Jones Soda Co.
6. Appalachian Brewing Company
7. The Asahi Group
8. Bickford’s Australia Pvt. Ltd
9. F&N Foods Pvt. Ltd
10. Cott Corporation
11. Tru Blu Beverages
12. Suntory Holdings Ltd.
13. Keurig Dr Pepper Inc.
14. Britvic Soft Drinks Limited
15. Postobón S.A.
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Key questions answered in the Carbonated Soft Drinks Market are:
- What is Carbonated Soft Drinks?
- What was the Carbonated Soft Drinks market size in 2022?
- What are the different segments of the Carbonated Soft Drinks Market?
- What growth strategies are the players considering to increase their presence in Carbonated Soft Drinks?
- What are the upcoming industry applications and trends for the Carbonated Soft Drinks Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Carbonated Soft Drinks Market?
- Who are the key players in the Carbonated Soft Drinks market?
- What segments are covered in the Carbonated Soft Drinks Market?
- Who are the leading companies and what are their portfolios in Carbonated Soft Drinks Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from 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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