Carbonated Soft Drink Market

Carbonated Soft Drink Market Size Touch US$ 340.01 billion by 2030

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The global Carbonated Soft Drink market size is expected to be worth around US$ 340.01 billion by 2030, according to a new report by Vision Research Reports.

The global Carbonated Soft Drink market size was valued at US$ 221.6 billion in 2020 and is anticipated to grow at a CAGR of 4.10% during forecast period 2021 to 2030.

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Growth Factors

The demand for carbonated soft drinks is influenced by an increased disposable income, customer preferences, and a growing population. The industry has numerous prominent players who are similar in size and product offerings. Many of these leaders create new product lines and actively participate in advertising wars. As numerous competitors are equally balanced, competitor rivalry is intense.

Omni-channel marketing and retailing have proved to be highly beneficial for manufacturers as they help companies leverage new tools for product launches and drive sales. Direct-to-customer is one of the most popular strategies to enhance profit margins, wherein the manufacturers would have complete control over the quality of products as well as services.

Carbonated soft drinks are being innovated in terms of taste, appearance, texture, and ingredients depending upon the target age group. Soft drinks, specially designed for children and the elderly, are usually tailored to the appropriate needs of these consumer groups and an increasing number of players catering to these two segments can be seen mushrooming in the market.

Report Highlights

Cola flavor accounted for the largest share of more than 50.0% in 2020. Cola flavored carbonated Soft Drinks enjoy the dominance owing to the first mover’s advantage. In June 2020, HI-CHEW launched Soda Pop Mix in cola flavor. The soda has a refreshing flavor that perfectly caters to the demand for unique, innovative, and non-traditional soft drinks among consumers. In the U.S., the demand for flavor has been showing constant rapid growth. Candy lovers have been celebrating this effervescent experience that can only be matched by a thirst-quenching sip of soda. It honors the traditional soda presenting the refreshing, fizzy taste of the classic.

The citrus segment is expected to expand at the fastest CAGR of 4.9% from 2021 to 2030. Rapscallion Soda introduced S_01 Rhubarb in June 2020. The carbonated soft drink is fortified with citrus flavors. The low-calorie drink is sustainable and has a slightly sour taste that comes with a fizzy floral finish and is composed of grapefruit zest, cane sugar, Scottish rhubarb, and Sichuan pepper.

Hypermarkets, supermarkets & mass merchandisers accounted for the largest share of over 20.0% in 2020. Many consumers prefer buying soft drinks from supermarkets and general merchandisers due to the shopping experience offered by these stores. With the rising income levels and increasing urbanization, modern supermarkets and hypermarkets have emerged across the globe. The emergence of these supermarkets and hypermarkets has been revolutionizing the nature of the food and beverage supply.

The online stores and D2C segment is expected to register the fastest CAGR of 6.1% from 2021 to 2030. An increasing number of online retailers, who offer competitive pricing, are boosting the growth of this sales channel. The growth can also be attributed to the increasing familiarity/dependency of generation X, millennials, and generation Z with/on the Internet and e-commerce.

Central and South America accounted for the largest share of exceeding 25.0% in 2020. The strong popularity of carbonated soft drinks among the youth population in countries, including Brazil, Argentina, and Venezuela, is expected to drive the regional market in the near future.

The Middle East and Africa is expected to emerge as the fastest-growing regional market with a CAGR of 6.4% from 2021 to 2030. Growing disposable income, rapid urbanization, expansion of financial sectors, and new product launches in countries, such as Nigeria and Kenya, are expected to remain favorable factors for the industry growth.

Key Players

  • ANADOLU GRUBU A.Ş.
  • 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

Market Segmentation

  • Flavor Outlook 
    • Cola
    • Citrus
    • Others
  • Distribution Channel Outlook
    • Hypermarkets, Supermarkets & Mass Merchandisers
    • Convenience Stores & Gas Stations
    • Food Service Outlets
    • Online Stores & D2C
    • Others
  • Regional Outlook 
    • North America
      • U.S.
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
    • Central & South America
      • Brazil
    • Middle East & Africa
      • U.A.E.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Carbonated Soft Drink Market, By Flavor

7.1. Carbonated Soft Drink Market, by Flavor Type, 2021-2030

7.1.1. Cola

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Citrus

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Others

7.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Carbonated Soft Drink Market, By Distribution Channel

8.1. Carbonated Soft Drink Market, by Distribution Channel, 2021-2030

8.1.1. Hypermarkets, Supermarkets & Mass Merchandisers

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Convenience Stores & Gas Stations

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Food Service Outlets

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Online Stores & D2C

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Carbonated Soft Drink Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 10. Company Profiles

10.1. ANADOLU GRUBU A.Ş.

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. COCA-COLA FEMSA

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Danone

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. JONES SODA CO.

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Keurig Dr Pepper Inc.

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Monster Energy Company

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. National Beverage Corp.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. PepsiCo

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Refresco Group

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. SODASTREAM INTERNATIONAL LTD.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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