Carbonated Beverages Market Analysis: Opportunities and Revenue Outlook (2023-2029)


Posted April 23, 2024 by MMRNiranka

Carbonated Beverages Market was valued at US$ 472.36 Bn. in 2022. The Carbonated Beverages Market size is estimated to grow at a CAGR of 5.1% over the forecast period.
 
Carbonated Beverages Market Overview:

The Carbonated Beverages Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Carbonated Beverages Market, as well as the causes for variances in the industry’s growth in various places.

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Carbonated Beverages Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Carbonated Beverages Market Drivers:

Carbonated beverages have become popular among consumers as a result of hectic lifestyles. The food industry's low-calorie carbonated beverage market has risen in response to rising demand for clean-label, gluten-free, low-calorie, and low-carb goods. Low-calorie beverages have grown in popularity as the general functional beverage market has grown and consumers have become more health concerned. The easy availability of low- or zero-calorie drinks even in local convenience stores has aided the growth. To attract more customers, major firms are continually inventing products and producing diverse flavors for a zero-calorie drink.

Increased disposable income, customer tastes, and a growing population all influence the demand for carbonated soft drinks. There are multiple important players in the sector, all of which are similar in size and product offers. Many of these executives launch new product lines and engage in advertising wars. Competitor competition is tough because many competitors are evenly matched.

Health campaigners are the greatest threat to the carbonated beverage business. Obesity in children has become more common in recent years. This may have a detrimental impact on the market's overall growth. Strict limits on the use of plastics in packaging Flavors look to be a roadblock that could stifle global market growth. Also, the sugar content of carbonated beverages might cause diabetes and calcium deficiency, which can stymie the global carbonated beverage market's growth. In addition, Bottlers are aggressively minimizing waste to preserve already slim margins as competition in the beverage market increases. Many organizations are focusing on lowering inventory carrying costs, notably beverage producers that frequently need to set aside huge warehouse facilities for bottles, cans, and components.

Carbonated Beverages Market Segmentation:

by Product

Soft Drink
Carbonated Water
Sports & Energy Drinks
Others

by Flavor

Cola
Fruit Based
Others

by Distribution Channel

Hypermarkets & Supermarkets
Convenience Store
Food Service Outlets
Transport Terminals
Online Stores D2C


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Carbonated Beverages Market Key Players: The key players are

1. The Coca-Cola Company
2. Pepsico Inc.
3. Britvic Plc.
4. Suntory Beverage & Food Limited
5. National Beverage Corp.
6. Asahi Group Holdings Limited
7. Tru Blu Beverages
8. F&N Foods Pte Ltd.
9. Parle Agro Pvt. Ltd.
10.Dr Pepper Snapple
11.Cott. Sinar Sosro
12.Asia Brewery
13.Ito En
14.Kirin Beverage
15.Bickford’s Australia
16.Lotte Chilsung Beverage
17.Frucor Beverages
18.JONES SODA CO.

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Carbonated Beverages Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Carbonated Beverages Market Report are:

Which sub-segment had the largest share in the Carbonated Beverages Market?
How is the competitive landscape of the Carbonated Beverages Market in 2023?
Which are the key drivers impacting the Carbonated Beverages Market growth?
Which region holds the maximum share in the Carbonated Beverages Market?
What will be the CAGR of the Carbonated Beverages Market during the forecast period (2023-2029)?
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Last Updated April 23, 2024