According to a research report published by Spherical Insights & Consulting, the Global Soft Drinks Market Size Expected to Grow from USD 457.10 Billion in 2023 to USD 754.92 Billion by 2033, at a CAGR of 5.15% during the forecast period 2023-2033.

Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/5797

A soft drink is any non-alcoholic beverage that contains fruit juice, carbonation, edible acids, and natural or artificial sweeteners. Non-alcoholic beverage formulations contain edible acids, sweeteners, and flavor additives. This includes soft beverages composed primarily of energy drinks, soda, ready-to-drink varieties, flavored waters, and diet drinks. In general, soft drinks are categorized under carbonated and non-carbonated drinks. It has important nutritional benefits via the inclusion of calcium, vitamins, etc., for a healthy lifestyle and balanced diet. Changing customer preferences have forced soft drink producers to investigate sustainable alternatives in packaging and biodegradable materials to their traditional modes of marketing. Increasing disposable income, changes in lifestyle, and increases in population will drive business growth in the market. The greater inclination towards better selections has the customers purchasing drinks that are more natural ingredients, have less sugar, and provide more functional benefits. Increases in disposable incomes, changing spending habits, and urbanization all take into account significant growth in emerging economies. Beverages of convenience, such as carbonated drinks, bottled waters, and ready-to-drink teas, have become popular among people with more typical Western lifestyles. These innovations in product development may help increase sales of soft drinks according to the health requirements of the target market. However, obesity rates are rising, with related problems that will hamper market growth because a large percentage of customers are reducing sugar and high-calorie food and beverage intake. Revenues from carbonated soft drinks will be impaired significantly because soft drinks sell juices and other soft drink products.

Browse key industry insights spread across 248 pages with 110 Market data tables and figures & charts from the report on the Global Soft Drinks Market Size, Share, and COVID-19 Impact Analysis, By Product (Carbonated and Non-carbonated), By Distribution Channel (Hypermarkets and Supermarkets, Convenience Store, and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Buy Now Full Report: https://www.sphericalinsights.com/checkout/5797

The carbonated segment is estimated to hold the largest market revenue share through the projected period.

Based on the product, the soft drinks market is classified into carbonated and non-carbonated. Among these, the carbonated segment is estimated to hold a significant market revenue share through the projected period. The growth is attributed to their extensive use among consumers; carbonated drinks earn higher sales revenue than other categories of products. All products are continually being innovated or improved. Various ingredients like flavor, sugar, color, and sweeteners determine the specific taste or refreshing quality of each drink.

The hypermarkets and supermarkets segment is anticipated to hold the largest market share through the forecast period.

Based on the distribution channel, the soft drinks market is divided into hypermarkets and supermarkets, convenience stores, and online. Among these, the hypermarkets and supermarkets segment is anticipated to hold the largest market share through the forecast period. The growth is driven due to conventional channels of supermarkets and hypermarkets. Type is an entity where a wide variety of FMGC products can be sold directly to the consumers, which offer more of the services that still cater to the needs of consumers. These stores generate revenue and grant customers access to an inspection of products directly.

Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/5797

North America is projected to hold the largest share of the global soft drinks market over the forecast period.

North America is projected to hold the largest share of the global soft drinks market over the forecast period. For many economies in North America, the United States and Canada count among the most developed. Both were early instruments of the market and positively influenced it. Soft drinks on the rise: investments are pouring into new manufacturing assembly lines and packaging technology to meet the growing beverage demand. The presence of internationally recognized brands such as PepsiCo and Coca-Cola in this region will propel demand in the industry.

Asia Pacific is expected to grow at the fastest CAGR of the global soft drinks market during the forecast period. The two countries, China and India, are likely to shift the tide in favor of the market. The market is expected to grow at a rapid pace owing to a host of factors such as rising income levels among the residents, an increased number of food processing facilities, and heightened consumption by a growing population.

Europe is anticipated to hold a significant share of the soft drinks market over the predicted timeframe. Europe is a well-established and heterogeneous market for soft drinks with many nations with different customer preferences and regulatory frameworks. The European soft drinks market runs from fruit juices through bottled water and carbonated soft drinks (CSDs) to emerging interest in functional and non-alcoholic beverages.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the soft drinks market along with a comparative evaluation primarily based on their type offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global soft drinks market are Pepsico, Inc., Nestlé, The Coca-Cola Company, Keurig Dr Pepper Inc (KDP), Red Bull GmbH, Unilever PLC, Monster Energy Company, Appalachian Brewing Company, ITO EN INC., AriZona Beverages USA LLC, Suntory Beverage & Food, Asahi Group Holdings, National Beverage Corp., Refresco Group, Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In June 2024, A Golden Mango variant of Coca-Cola Europacific Partners (CCEP)’s Powerade sports drink range was launched in response to rising consumer demand. The new flavor, which has a tropical profile, is in new packaging matching the rest of the lines in 500ml plain bottles. It has vitamin B6 like other Powerade products to help reduce fatigue.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global soft drinks market based on the below-mentioned segments:

Global Soft Drinks Market, By Product

• Carbonated
• Non-Carbonated

Global Soft Drinks Market, By Distribution Channel

• Supermarket/Hypermarket
• Convenience Stores
• Online Stores
• Others

Global Soft Drinks Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

Browse Related URLs:  

Global Beta Glucan Market Size, Share, and COVID-19 Impact Analysis, By Source (Yeast, Mushroom, Cereal, Seaweed, and Others), By Application (Food & Beverages, Cosmetics & Personal Care, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Global Coprinus Comatus Market Size, Share, and COVID-19 Impact Analysis, By Type (Fresh Coprinus Comatus, Dried Coprinus Comatus, and Others), By Application (Edible, Medicinal, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Global Dog Food Extrusion Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Kibble Food, Canned Food, and Treats and Snacks), By Distribution Channel (Pet Specialty Stores, Supermarkets/Hypermarkets, Online Retailers, and Veterinary Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Global Breadfruit Market Size, Share, and COVID-19 Impact Analysis, By Type (Fresh Breadfruit, Dried Breadfruit, Breadfruit Flour, and Breadfruit Snacks), By Application (Food and Beverages, Animal Feed, Bakery, and Personal Care), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter