Carbonated Soft Drinks Market Trends, Survey, Outlook, Overview and Forecast to 2024

12/dic/2019 11:36:08 suraj taur Contatta l'autore

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Market Insight

Market Research Future (MRFR) announces the publication of its research report Global Carbonated Soft Drinks Market, 2017–2024. According to MRFR’s analysis of the soft drinks industry, the global carbonated soft drinks market is projected to register a notable growth rate of 3.2% from 2019 to 2024 to reach a market value of USD 330 billion by the end of 2024. The changing lifestyles and a wide variety of carbonated soft drinks offered by market players according to consumer preference are expected to drive the growth of the market soon.

Carbonated soft drinks contain dissolved carbon dioxide for fizz or effervescence. The process of preparing carbonated soft drinks involves treating carbon dioxide under high pressure.

Leading Players

Some of the key players in the Global Carbonated Soft Drinks Market are Keurig Dr Pepper Inc. (US), Tru Blu Beverages (Australia), Britvic Soft Drinks Limited (UK), Suntory Holdings Ltd. (Japan), Bickford’s Australia Pty Ltd (Australia), Reeds Inc .(US), Appalachian Brewing Company (US), PepsiCo, Inc. (US), National Beverage Corp. (US), Cott Corporation (US), F&N Foods Pte Ltd (Singapore), The Coca-Cola Company (US), Jones Soda Co. (US), Postobón S.A. (Colombia), and The Asahi Group (Japan).

Regional Analysis

The global carbonated soft drinks market has been studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is projected to garner the largest revenue share of the global carbonated soft drinks market during the forecast period owing to the high consumption of the product in the region. The taste, easy availability, convenience, and low prices of carbonated soft drinks have led to high consumption in North America. The region is a hub for several market players, which is also contributing to the growth of the North American carbonated soft drinks market.

The market in Asia-Pacific is expected to register the highest growth rate during the forecast period owing to the rising consumption of carbonated soft drinks and changing trends such as low-calorie and no-sugar soft drinks. Market players are introducing carbonated beverages with a variety of added ingredients and flavors, such as carbonated fruit drinks, aimed at Millennials. Moreover, the high caffeine content in some of these drinks is driving market growth. In addition, the changing eating habits of people are also fueling the growth of the carbonated soft drinks market in the region. In the current market scenario, China and India are emerging as prominent producers and consumers of carbonated soft drinks.

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The global carbonated soft drinks market has further been segmented by flavor, packaging type, and distribution channel.

By flavor, the global Carbonated Soft Drinks Market has been classified as cola, lemon and lime, orange, and others. The cola segment is expected to be the largest and fastest growing during the review period due to the unique taste and wide variety of products in the flavor offered by market players.

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