Carbonated Soft Drinks Market size was valued at USD 254.32 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.7% through 2024 to 2030, reaching nearly US$ 350.76 Bn.
Carbonated Soft Drinks Market Overview
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Carbonated Soft Drinks Market Scope and Methodology:
The report provide detailed analysis of the Carbonated Soft Drinks market through various regions and extensive segmentation, offering a definition, description, and prediction. It includes many key market factors, as well as extensive qualitative and quantitative research. These consist of examining the competitive environment, competitor profiles, sector analysis, economic influence, useful perspectives, and market analysis.
The report carefully examines historical data, with a specific emphasis on various market conditions and a detailed assessment of the factors influencing the market, such as drivers, constraints, opportunities, challenges, and emerging trends. The report provides a comprehensive understanding of Carbonated Soft Drinks market potential, dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions using the appropriate methodology and assumptions. The research also includes an analysis of the value chain, PESTLE, impact, and PORTER's analysis.
Carbonated Soft Drinks Market Regional Insights
The analysis explores the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America extensively. Comprehending the complex workings of the global Carbonated Soft Drinks market is a crucial component of the regional analysis outlined in the report. The report includes information on the import and export of products, market size, and growth rate for every country. Additionally, the report has also provided a summary of the most recent developments in the global Carbonated Soft Drinks market in various countries and regions.
Carbonated Soft Drinks Market Segmentation
The market is divided into three segments based on flavor: Cola, Citrus, and Others. Over the course of the forecast period, the Cola flavor segment is anticipated to hold the biggest market share for carbonated soft drinks.
Cola-flavored Because of the advantages of being the first mover, carbonated soft drinks have taken the lead. Cola-flavored foods contribute to weight gain. Cokes, pops, soda pops, and soft drinks are alternate names for the cola-flavored beverages.
Caffeine and high fructose corn syrup are found in cola-flavored products. The demand for cola-flavored products has been steadily rising in the US. These are the advantages of cola flavors that are anticipated to accelerate this market segment's expansion in the worldwide carbonated soft drink industry between 2024 and 2030.
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.
Throughout the projected period, the distribution channel segment comprising hypermarkets, supermarkets, and mass merchandisers is anticipated to increase quickly at a high CAGR. Due to the fantastic shopping experience that supermarkets and general merchandisers offer, a lot of individuals choose to purchase soft drinks from them worldwide. Global urbanization and growing economic levels have led to the emergence of contemporary supermarket chains. The way that food and beverages are delivered has altered due to the rise of supermarkets and hypermarkets.
During the projection period, the Online Stores & D2C segment is anticipated to increase at a CAGR of 6.1%. The expansion of online stores and the direct-to-consumer (D2C) distribution channel can be ascribed to the growing number of online retailers offering competitive rates. The category is expanding as a result of the younger generations and millennials using social media more frequently and consistently.
The market is divided into two categories based on packaging: bottles and cans. With the biggest market share for carbonated soft drinks, the bottles sector is predicted to increase at a high rate of growth over the course of the projection period.
Carbonated soft drinks are packaged in bottles because bottle packaging has many advantages, including being adaptable, having a large number of fillers, protecting the contents, and being long-lasting. The bottles section rated first because customers' demand for this type of packaging is growing at a quick pace.
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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 2023?
- What will be the CAGR at which the Carbonated Soft Drinks Market will grow?
- 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?
- Who are the leading companies and what are their portfolios in Carbonated Soft Drinks Market?
- What is the growth rate of the Carbonated Soft Drinks Market?
- 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 segments are covered in the Carbonated Soft Drinks Market?
- Which are the factors expected to drive the Carbonated Soft Drinks market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- 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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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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