Food & Beverage

Image

Global Carbonated Beverages Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Jan 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Carbonated Beverages Market, By Type (Standard, Diet, Fruit Flavoured Carbonates, Others), Drinks (Soft Drinks, Sparkling Drinks, Functional Drinks), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, Online Stores, Others) - Industry Trends and Forecast to 2031.

Carbonated Beverages Market

 

Carbonated Beverages Market Analysis and Size

The carbonated beverage market has changed dramatically in recent years, and this trend is projected to continue in the next years. This market is expected to grow significantly in the coming years due to an increasing base of young people, particularly in developing economies, and an increase in consumer purchasing power. Aside from that, the BRICS countries' growing demand for processed food and beverages is expected to benefit this market in the near future.

Data Bridge Market Research analyzes that the global carbonated beverages market was valued at USD 4.01 billion in 2023, is expected to reach the value of USD 5.24 billion by 2031, at a CAGR of 4.0% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Type (Standard, Diet, Fruit Flavoured Carbonates, Others), Drinks (Soft Drinks, Sparkling Drinks, Functional Drinks), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, Online Stores, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

The Coca-Cola Company (U.S.), PepsiCo Inc. (U.S.), Britvic PLC. (Spain), SUNTORY BEVERAGE & FOOD LIMITED. (Japan), National Beverage Corp. (U.K), ASAHI GROUP HOLDINGS, LTD. (Japan), Tru Blu Beverages (India), F&N Foods Pte Ltd. (Singapore), Bickford's Australia (Australia), Parle Agro Pvt. Ltd. (India), Laihian Mallas (Finland)

Market Opportunities

  • Rising popularity of flavored carbonated drinks
  • The emergence of new food and beverage-related markets

Market Definition

Drinks that have been infused with compressed carbon dioxide to create effervescence or fizz are known as carbonated beverages. These beverages are made with soda water or carbonated water as a base. Sweeteners, flavors, and water are all present in carbonated beverages. Carbonic acid is made by combining water and carbon dioxide, and it causes a tingling sensation after of consumption. Carbonated beverages of various types are available on the market, including carbonated water, tea, smoothies, juices, and among others.

Global Carbonated Beverages Market Dynamics

Driver

  • Rising popularity of carbonated soft drinks

The rising popularity of carbonated soft drinks acts as a primary driver for the market. This trend reflects an increasing consumer inclination towards fizzy, flavored drinks, contributing significantly to the market's growth. Consumers' consistent demand for carbonated soft drinks, characterized by their diverse flavors and refreshing appeal, propels the expansion of this market segment. The industry's ability to innovate, introducing new flavors and product variations, serves to meet consumer preferences, fueling market growth.

Opportunity

  • Innovation in Healthier Formulations

An opportunity in the market lies within the potential for innovation in healthier formulations. As consumer awareness of health concerns regarding high sugar content and artificial additives in traditional carbonated drinks increases, there's a growing demand for healthier alternatives. This trend offers an opportunity for the beverage industry to invest in research and development, focusing on creating beverages with reduced sugar, natural ingredients, and functional additives that cater to health-conscious consumers. Innovating with low-sugar or sugar-free options, incorporating natural flavors and alternatives to artificial sweeteners, and introducing functional benefits such as added vitamins or minerals, presents a significant opportunity for growth and market expansion.

 Challenge/Restraint

  • Health Concerns and Changing Consumer Preferences

One significant restraint in the market is the increasing scrutiny and awareness surrounding health concerns linked to these drinks. Consumers are becoming more conscious of the adverse health impacts associated with high sugar content, artificial additives, and their potential contribution to various health issues, including obesity and dental problems. Moreover, regulatory measures and public health campaigns aimed at reducing the consumption of sugary beverages further contribute to this restraint, necessitating the industry to innovate and reformulate products to align with evolving health trends. As a result, the carbonated beverage market encounters hurdles in maintaining its market share and growth trajectory amid the increasing emphasis on healthier drink alternatives.

This carbonated beverages market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the carbonated beverages market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • PepsiCo Inc. will launch Soulboost, a sparkling water beverage with a splash of real juice and functional ingredients, in May 2021
  • Parle Agro announced in June 2020 that it has signed on with leading e-commerce players and is onboarding numerous other national and niche players to increase the contribution of the company's online sales to its overall turnover
  • In supporting the company's global world without a waste strategy, The Coca-Cola Company became the first company in the Netherlands and Norway to bottle its entire portfolio of locally produced beverage brands in 100 percent recycled polyethylene terephthalate packaging in May 2020

Global Carbonated Beverages Market Scope

The carbonated beverages market is segmented on the basis of type, drinks and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Standard
  • Diet
  • Fruit Flavoured Carbonates
  • Others

Drinks

  • Soft drinks
  • Sparkling drinks
  • Functional drinks

Distribution Channel

  • Hypermarkets/supermarkets
  • Specialty Store
  • Convenience Stores
  • Online Stores
  • Other

Carbonated Beverages Market Regional Analysis/Insights

The carbonated beverages market is analyzed and market size insights and trends are provided by country, type, drinks and distribution channel as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., Israel, Egypt, South Africa, rest of Middle East and Africa, Brazil, Argentina and rest of South America.

North America is the fastest growing and dominating region in the market due to increasing trade for prepared meals and refreshments in the production is expected to impact the geographical market strongly.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Carbonated Beverages Market Share Analysis

The carbonated beverages market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to carbonated beverages market.

Some of the major players operating in the carbonated beverages market are:

  • The Coca-Cola Company (U.S.)
  • PepsiCo Inc. (U.S.)
  • Britvic Plc (U.K.)
  • SUNTORY BEVERAGE & FOOD LIMITED. (Japan)
  • National Beverage Corp. (U.S.)
  • ASAHI GROUP HOLDINGS, LTD. (Japan)
  • Tru Blu Beverages (Australia)
  • F&N Foods Pte Ltd. (Singapore)
  • Bickford's Australia (Australia)
  • Parle Agro Pvt. Ltd. (India)
  • Laihian Mallas (Finland)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The carbonated beverage market size will be worth USD 5.24 billion by 2031.
The growth rate of the carbonated beverage market is 4.0% during the forecast by 2031.
The rising popularity of carbonated soft drinks is the growth driver of the carbonated beverage market.
Type, drinks and distribution channel are the factors on which the carbonated beverage market research is based
Major companies in the carbonated beverage market are The Coca-Cola Company (U.S.), PepsiCo Inc. (U.S.), Britvic PLC. (Spain), SUNTORY BEVERAGE & FOOD LIMITED. (Japan), National Beverage Corp. (U.K), ASAHI GROUP HOLDINGS, LTD. (Japan), Tru Blu Beverages (India), F&N Foods Pte Ltd. (Singapore), Bickford's Australia (Australia), Parle Agro Pvt. Ltd. (India), Laihian Mallas (Finland).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials