Carbonated Soft Drink Market

The global carbonated soft drink market is expected to grow at USD 604 billion by 2028 and growth rate (CAGR) of +5% from 2022 to 2029

Carbonated soft drinks have been a popular beverage choice for decades, with consumers all over the world enjoying the fizzy and refreshing taste of these beverages. The carbonated soft drink market is a highly competitive industry with a range of different players vying for market share. In this article, we will explore the current state of the carbonated soft drink market, its key players, and how it is expected to evolve in the coming years.

Key Market Players

• ANADOLU GRUBU A.Åž.
• COCA-COLA FEMSA
• Danone
• JONES SODA CO.
• Keurig Dr Pepper Inc.
• Monster Energy Company
• National Beverage Corp.
• PepsiCo
• Refresco Group
• SODASTREAM INTERNATIONAL LTD.
• SUNTORY BEVERAGE & FOOD LIMITED
• The Coca-Cola Company

Segment Analysis:

By Flavor

• Cola
• Citrus
• Others

By Distribution Channel

• Hypermarkets, Supermarkets & Mass Merchandisers
• Convenience Stores & Gas Stations
• Food Service Outlets
• Online Stores & D2C
• Others

By Regional & Country Level:

• North America

  • U.S.
  • Canada

• Europe

  • U.K.
  • France
  • Germany
  • Italy

• Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

• Latin America

  • Brazil
  • Mexico

• Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa

Major Trends and Drivers

One of the major trends in the carbonated soft drink market is the growing demand for healthier and low-calorie options. This has led to an increase in the production of low-calorie carbonated soft drinks and a shift towards natural sweeteners such as stevia and monk fruit. Another trend is the rising popularity of functional beverages that offer additional health benefits, such as energy drinks, sports drinks, and vitamin-enhanced drinks.

The growing consumer preference for convenience and on-the-go consumption has also driven the growth of the carbonated soft drink market. This has led to the development of smaller packaging sizes and the availability of these beverages in vending machines, convenience stores, and fast-food restaurants.

Opportunities and Threats

One of the major opportunities in the carbonated soft drink market is the increasing demand for these beverages in emerging markets, such as China and India. The growing middle class and increasing disposable incomes in these countries are expected to drive the demand for carbonated soft drinks in the coming years.