Carbonated Soft Drinks (CSDs) Market
Carbonated Soft Drinks (CSDs) Market Global Industry Assessment & Forecast
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 Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 406.90 Billion |
Revenue 2028: | 605.77 Million |
Revenue CAGR (2021 - 2028): | 5 |
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
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
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- Soft Drinks
- Carbonated Water
- Sports & Energy Drinks
- Others
Global Carbonated Soft Drinks (CSDs) Market: Flavor Segment Analysis
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- Cola
- Fruit Based
- Others
Global Carbonated Soft Drinks (CSDs) Market: Distribution Channel Segment Analysis
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- Hypermarkets & Supermarkets
- Convenience Stores
- Food Service Outlets
- Transport Terminals
- Online Stores & D2C
FAQ
Frequently Asked Question
What is the global demand for Carbonated Soft Drinks (CSDs) in terms of revenue?
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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%.
Which are the prominent players in the market?
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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..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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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.
Which region accounted for the largest share in the market?
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Latin America was the leading regional segment of the Carbonated Soft Drinks (CSDs) in 2020.