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Carbonated Soft Drinks (CSDs) Market

Carbonated Soft Drinks (CSDs) Market

Carbonated Soft Drinks (CSDs) Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0446

Segments Covered
  • By Product Soft Drinks, Carbonated Water, Sports & Energy Drinks, Others
  • By Flavor Cola, Fruit Based, Others
  • By Distribution Channel Hypermarkets & Supermarkets, Convenience Stores, Food Service Outlets, Transport Terminals, Online Stores & D2C
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 406.90 Billion
Revenue 2028Revenue 2028: 605.77 Million
Revenue CAGRRevenue CAGR (2022 - 2028): 5
Fastest Growing Region Fastest Growing Region (2022 - 2028) Latin America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Carbonated Soft Drinks (CSDs) market was valued at USD 406.90 Billion in 2020 and is projected to reach USD 605.77 Million by 2028, growing at a CAGR of 5% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 605.77 Million
Annual Market Size (2021)
CAGR (2021 - 2028) 5%

Definition And Overview

In current senario various soft drink manufacturers are following consumers demands for more flavor profiles and healthy choices. Carbonated soft drinks are sweet, non-alcoholic effervescent beverages.The industrial innovation is happening with customers for more premium soft drink beverages with interesting flavor combinations.


The global Carbonated Soft Drinks (CSDs) market was valued at USD 406.90 Billion in 2020 and is projected to reach USD 605.77 Million by 2028, growing at a CAGR of 5% from 2021 to 2028.

The global Carbonated Soft Drinks (CSDs) market is segmented into product, application, regions, and countries. The regional segmentation covers current and forecasts demand on the basis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments are analyzed on the basis of current and future trends. The report covers a complete evaluation of the market based on competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 and forecast from 2021 to 2028. 

Yearly Infographics 406.90 Billion 605.77 Million

COVID-19 Impact Analysis

Outbreak of COVID-19 led various countries impose strict lockdown measures during the initial stages of the pandemic. Numerous companies from different verticals faced challenges due to remote work environments. As a result, companies from various sectors switched to online/virtual platforms to maintain a steady flow in their daily business activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Market Insights

The increasing popularity in soda drinks among young generation age groups is playing a crucial role in expansion of the market during the estimated timeframe. Additionally, the growing consumer health awareness among consumers is also supporting the growth of the market.

The increasing technological advances is expected to support the growth of the market during the forecast period. Technology has become advanced and certainly played its part in growing consumption of carbonated beverages which comes in cans, glass bottles, plastic bottles,evolving packaging systems and high-speed packaging lines.

The increasing side effects of consuming carbonated soft drinks is expected to limit the growth of the market in the years to come.

Global Carbonated Soft Drinks (CSDs) Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product, Flavor, Distribution Channel
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Lotte, Dydo, Elixia, Perrier, Dr Pepper, Tenwow, Coffee Roasters, Coca-Cola, OKF, Evian, BiotechUSA, Haitai, Wahaha, Uni-President, Pepsi, Watsons.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Latin America, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Product  Analysis: Preview

On the basis of Product, the market is segmented into Soft Drinks,Carbonated Water, Sports & Energy Drinks, Others. Sports & Energy Drinks  held the highest share in 2020 and is expected to grow at a significant rate over the forecast period. This is attributed to the rising demand for the Sports & Energy Drinks in developing countries such as China and India. Digitalization in Asia Pacific region has led to a surge in the usage of technology in various business processes over the past few years. Rising adoption of online platforms across various sectors along with analytical solutions, IoT, AI, and Blockchain technology to gain a competitive advantage is also paving the way for the Carbonated Soft Drinks (CSDs) market growth.

Flavor Analysis: Preview

Based on Flavor, the market is segmented into Cola, Fruit Based, Others. Cola flavor  held the largest share and is projected to grow at a notable CAGR over the coming years. Rising demand for Carbonated Soft Drinks (CSDs)  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively.

Global Carbonated Soft Drinks (CSDs) Market: Product Segment Analysis

    • Soft Drinks
    • Carbonated Water
    • Sports & Energy Drinks
    • Others

Global Carbonated Soft Drinks (CSDs) Market: Flavor Segment Analysis

    • Cola
    • Fruit Based
    • Others

Global Carbonated Soft Drinks (CSDs) Market: Distribution Channel Segment Analysis

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

Regional Analysis Preview

On the basis of region, the global Carbonated Soft Drinks (CSDs) market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Latin America region held a leading share of the global Carbonated Soft Drinks (CSDs) market in 2020. Some of the major countries contributing to the market growth are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. Brazil is considered as the most lucrative country for market players. This is attributed to the presence of major companies operating in the region.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Carbonated Soft Drinks (CSDs) Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Carbonated Soft Drinks (CSDs) market are Lotte, Dydo, Elixia, Perrier, Dr Pepper, Tenwow, Coffee Roasters, Coca-Cola, OKF, Evian, BiotechUSA, Haitai, Wahaha, Uni-President, Pepsi, Watsons.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Key Highlights – Global Carbonated Soft Drinks (CSDs) Market

  • Global Carbonated Soft Drinks (CSDs) Market is projected to reach USD 605.77 Million by 2028
  • Latin America held the highest share of the Carbonated Soft Drinks (CSDs) market
  • Sports & Energy Drinks held the largest share of the product segment in the Carbonated Soft Drinks (CSDs) market
  • Cola flavor held the major share of the application segment in the Carbonated Soft Drinks (CSDs) market

FAQ
Frequently Asked Question
  • The global Carbonated Soft Drinks (CSDs) valued at 406.90 Billion in 2020 and is expected to reach 605.77 Million in 2028 growing at a CAGR of 5%.

  • The prominent players in the market are Lotte, Dydo, Elixia, Perrier, Dr Pepper, Tenwow, Coffee Roasters, Coca-Cola, OKF, Evian, BiotechUSA, Haitai, Wahaha, Uni-President, Pepsi, Watsons..

  • The market is project to grow at a CAGR of 5% between 2021 and 2028.

  • The driving factors of the Carbonated Soft Drinks (CSDs) include

    • The increasing popularity in soda drinks among young generation age groups is playing a crucial role in expansion of the market during the estimated timeframe. Additionally, the growing consumer health awareness among consumers is also supporting the growth of the market.
    • The increasing technological advances is expected to support the growth of the market during the forecast period. Technology has become advanced and certainly played its part in growing consumption of carbonated beverages which comes in cans, glass bottles, plastic bottles,evolving packaging systems and high-speed packaging lines.

  • Latin America was the leading regional segment of the Carbonated Soft Drinks (CSDs) in 2020.