Carbonated Soft Drinks Market demand has accelerated with the rising demand

Posted by Shiva on December 24th, 2019

Carbonated Soft Drink Market Overview:

Carbonated Soft Drinks Market size was worth USD 422.6 Billion in 2018 and is expected to rise at robust CAGR during the forecast period. Carbonated Soft Drink Market is estimated to exhibit constant growth in the upcoming years due to varying consumption patterns of buyers and rising young population. Additionally, quick urbanization, increasing disposable income and popularity for takeaway products are expected to increase the market growth.  

Recent developments

  • PepsiCo India presented a new range of takeaway glass bottles around its entire carbonated beverage portfolio for buyers in Maharashtra. These modern glass bottles are made with the company’s Twist Cap.

Market Drivers and Restrains

Rising buyer disposable income, growing population, and increasing access to products due to the expansion of distribution channels are likely to improve the demand over the forecast period.

Busy schedule and Fast-paced lifestyle are expected to increase the segment’s growth in the years to come. Foodservice and drinking places are expected to increase notable growth due to the rise in the number of full-service restaurants and fast food outlets. 

Easy use and high convenience are expected to rise the demand for vending machines in the upcoming years.

Severe government regulations about sugar level in the drink mixed with rising health problems are anticipated to be the main limiting factors over the coming years.

To know more read 

Report is segmented as

By Type

  • Standard
  • Diet
  • Fruit Flavoured Carbonates
  • Others

By Flavour

  • Cola
  • Lime
  • Orange
  • Others

Geographical Segmentation:

Asia-Pacific is likely to exhibit quick growth over the forecast period on account of increase in disposable income. Growing young population and varying food habits in countries, such as China, India, Japan, and South Korea can increase regional growth.

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Key market players:

  • Keurig Dr Pepper
  • Danone
  • Nestlé
  • Monster Energy Company
  • Monster Energy Company
  • Red Bull
  • PepsiCo

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Joined: June 11th, 2019
Articles Posted: 88

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