The Global Carbonated Beverages Market size is expected to reach US$ XX Bn. by 2026 from US$ XX Bn. in 2019, at a CAGR of 3.9% during the forecast period. The report focuses on carbonated beverages market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. Regionally, the report covers numerous key regions like North America, Europe, Asia-pacific, Middle East & Africa, and South America. Also, the carbonated beverages market report has recognized the major vendors and distributors operating in all the key regions. This analysis and data are expected to help the market players to support their market distribution channels and develop their geographical reach.
Global Carbonated Beverages Market Overview:
Carbonated beverages are drinks with added pressurized carbon dioxide to provide effervescence or fizz. Soda water or carbonated water is used as a base to create these beverages. Various types of carbonated beverages are available in the market such as carbonated water, tea, smoothies, juices, etc. Soft drink consumption is the highest in the summer season and comes in a variety of flavors such as cola, orange, and lemon. In this line, there is a continuous modification of products, and new natural flavors are introduced. Though, traditional flavors dominate the carbonated beverages market. They are packaged drinks that are available in bottles, cans, and PET bottles without any alcohol content.
Global Carbonated Beverages Market Drivers:
Carbonated beverages improve swallowing ability in young as well as adult individuals. The increasing incidence of serving carbonated beverages as a side drink in several fast food joints and cafes is a factor driving the growth of the global carbonated beverages market. High demand for low sugar and diet carbonated drinks among consumers, because of increasing adoption of a healthy lifestyle is another factor fuel the growth of the global carbonated beverage market. Also, the increasing young population in emerging countries and rising disposable income are factors expected to encourage the overall growth of the global market in the future. Augmenting treated food and refreshment requirements coupled with a soaring community in BRICS nations such as Brazil, Russia, India, China, and South Africa is expected to profit the industry. The carbonated beverage industry has relatively low prices and margins compared to other consumer goods. So, key industry contributors focus on packaging innovation to achieve market growth. Coca-Cola Company balances the relationship between bottle sustainability and functional design. Product innovation and the transitional approach to innovative packaging and reusable bottle manufacturing are expected to deliver significant opportunities for market contributors.
Global Carbonated Beverages Market Restraints:
The strict regulations on the use of plastics in packaging materials appear as hindrances and are likely to limit the global carbonated beverages market growth. Additionally, the high sugar content in carbonated beverages can lead to diabetes, obesity, and calcium depletion. This factor is expected to hamper the growth of the global carbonated beverage market.
Global Carbonated Beverages Market Segment Overview:
The carbonated beverages market is segmented into Products, Flavor, and Distribution Channel. By Products, the carbonated soft drinks segment held above 50% market share of the global revenue in 2019. Key players have been using numerous strategies for creating a wider penetration of carbonated beverages and sustaining the customer base. To Know About The Research Methodology :- Request Free Sample Report The carbonated sports and energy drinks segment is expected to hold the largest market share of the global market by 2026. This growth is attributed to many sports and energy drink manufacturers have been adding fizz to the beverage to create freshness. For instance, in June 2020, VPX Sports launched Noo Fuzion, a new line of carbonated ready-to-drink pre-workout beverages, which is capable of promoting lean muscle growth and has energy-boosting features.
Global Carbonated Beverages Market Regional Insights:
North America is dominating the market and is expected to remain steady position over the forecast period (2020-2026), thanks to the existence of key manufacturing companies in North America. Europe is the second-largest market, because of the increasing consumption of carbonated drinks among individuals, particularly in restaurants and food joints. The developed countries in Europe such as Germany, France, Italy, and Spain are the main market for soft drinks. The initial adoption of soft drink-based products combined with high living standards compared to developing countries is an essential factor answerable for market development. The market in the Asia Pacific is expected to grow at a highest CAGR of XX% during the forecast period (2020-2026), thanks to the increasing young population and rising number of fast-food joints in the Asia-Pacific. Let down strict rules and regulations and increasing disposable incomes among consumers in developing countries such as China, India, Southeast Asia, Korea, and Japan are supposed to help overall growth. The objective of the report is to present a comprehensive analysis of the Global Carbonated Beverages Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Carbonated Beverages Market dynamics, structure by analyzing the market segments and project the Global Carbonated Beverages Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Carbonated Beverages Market make the report investor’s guide.
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Global Carbonated Beverages Market, By Region
• North America • Europe • Asia Pacific • Middle East & Africa • South America
Key players operating in the Global Carbonated Beverages Market
• The Coca-Cola Company • Pepsico Inc. • Britvic Plc. • Suntory Beverage & Food Limited. • National Beverage Corp. • Asahi Group Holdings, Ltd. • Tru Blu Beverages • F&N Foods Pte Ltd. • Parle Agro Pvt. Ltd. • Dr Pepper Snapple • Cott. Sinar Sosro • Asia Brewery • Ito En • Kirin Beverage • Bickford’s Australia • Lotte Chilsung Beverage • Frucor Beverages • Other
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