Global Carbonated Beverage Market to be Driven at a CAGR of 5.28% in the Forecast Period of 2022-2027

Global Carbonated Beverage Market Size Share Key Players Demand Growth Analysis Research Report

The new report by Expert Market Research titled, ‘Global Carbonated Beverage Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global carbonated beverage market, assessing the market based on its segments like type, distribution channel, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 451 Billion
• Forecast CAGR (2022-2027): 5.28%
• Forecast Market Size (2027): USD 614.6 Billion

The growth of the global market for carbonated drinks is driven by the increasing demand and popularity of fast food among the young generation. Additionally, the rising pairing of various soft drinks with fast food by key fast-food corporations such as Mc Donald’s, KFC, and Burger King, among others is likely to propel the market growth further. Meanwhile, other factors such as growing disposable income, launching of new flavours, and penetration of e-commerce in food and beverage sector is projected to aid the market over the forecast period.

Market Segmentation

Carbonated beverages refer to sweet and non-alcoholic drinks with excess carbon dioxide dissolved in it. The beverage becomes fizzy or effervescent due to escape of small carbon dioxide bubbles after release in the pressure.

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The major types of carbonated beverages are:

• Standard
• Diet
• Fruit Flavoured Carbonates
• Others

The market can be broadly categorised on the basis of distribution channel into:

• Hypermarkets/Supermarkets
• Speciality Stores
• Convenience Stores
• Online Stores
• Others

The regional markets for carbonated beverage include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

North America is anticipated to have a considerable proportion of the global carbonated beverage industry. This is due to the rising demand for processed foods and beverages, as well as the existence of multiple players in the region. However, rising worries over excessive sugar content in soft drinks, which has resulted in a high prevalence of obesity, may stymie regional market expansion in the coming years. Meanwhile, Asia Pacific is expected to grow at the fastest rate over the projection period, owing to factors such as rising disposable incomes, laxer regulations, and increased investment by key players in countries such as China and India to extend their consumer base.

Key Market Players

The major players in the market are The Coca-Cola Company, PepsiCo Inc., Parle Agro Private Limited, National Beverage Corp., Tru Blu Beverages Pty Ltd and a few others.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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