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Carbonated Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Carbonated Beverages Market is segmented by Type (Standard, Diet, Fruit Flavored Carbonates, and Others), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Store, Convenience Stores, Online Store, and Others); and by Geography.

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Market Snapshot

carbonated-beverages-market_Market Summary
Study Period:

2016 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR:

3.15 %

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Market Overview

The global carbonated beverages market is projected to register a CAGR of 3.15% during the forecast period 2020 - 2025.

  • The carbonated beverages market is one of the matured industries across the globe. In the last few years, the industry has undergone major changes regarding product innovations and offerings. To face the growing market challenges, companies are bringing new flavors keeping in mind the health and wellness concerns of consumers.
  • Increased government scrutiny would further act as a market obstacle in the forecast period. Owing to consumer health awareness, companies are now more focused on product innovations using natural ingredients, like stevia sweeteners. 

Scope of the Report

The global carbonated beverages market is segmented by type and distribution channels. On the basis of type, the market is segmented into standard, diet, fruit-flavored carbonates, and others. On the basis of the distribution channels, the market is segmented into hypermarkets/supermarkets, specialty stores, convenience stores, online stores, and others. On the basis of geography, the study provides an analysis of the carbonated beverages market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Type
Standard
Diet
Fruit Flavored Carbonates
Others
By Distribution Channel
Hypermarkets/Supermarkets
Specialty Store
Convenience Stores
Online Store
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
United Arab Emirates
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Growing Demand for Zero Calorie Carbonated Drinks

Owing to busy lifestyles, ready-to-drink (RTD) beverages have become popular amongst consumers. The growing demand for clean-label, gluten-free, low-calorie and low-carb products, has led to the elevation of the low-calorie RTD carbonated beverages market in the food industry. The growth in the overall functional beverage market and increasing health consciousness amongst consumers has fuelled the growth of the low-calorie RTD carbonated beverages market.  For instance, in 2017, Diageo launched a low-calorie Seltzer under its brand Smirnoff. The company also offers these low-calorie RTD beverages which have also have low carbohydrates, zero-sugar and artificial sweeteners.

carbonated beverages market1

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Europe Dominate the Global Market

North America dominates the carbonated beverage market, globally, followed by Europe, which holds a significant share in the global carbonated beverages market. Rising demand for processed food & beverages in the industry is expected to have a positive impact on the regional market. However, reported cases of obesity in the region led to a continuous decrement in demand over the decade. Asia Pacific market is expected to witness the fastest growth during the forecast period. Less stringent norms and regulations and rising disposable income among consumers in emerging countries such as China, India, South East Asia, South Korea, and Japan are expected to benefit the market growth.

carbonated beverages market2

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Competitive Landscape

Recognized brand loyalty is a big aspect of the carbonated beverages industry. Frequent mergers and acquisitions are witnessed across the industry. Some of the major key players in the carbonated beverages market, globally include The Coca-Cola Company, PepsiCo Inc., Parle Agro, Asahi Group Holdings, Ltd., Britvic PLC, SUNTORY BEVERAGE & FOOD LIMITED, among others. 

Carbonated Beverages MARKET

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Standard

      2. 5.1.2 Diet

      3. 5.1.3 Fruit Flavored Carbonates

      4. 5.1.4 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Hypermarkets/Supermarkets

      2. 5.2.2 Specialty Store

      3. 5.2.3 Convenience Stores

      4. 5.2.4 Online Store

      5. 5.2.5 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 United Arab Emirates

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 The Coca-Cola Company

      2. 6.4.2 PepsiCo Inc.

      3. 6.4.3 Britvic PLC

      4. 6.4.4 SUNTORY BEVERAGE & FOOD LIMITED

      5. 6.4.5 National Beverage Corp.

      6. 6.4.6 Asahi Group Holdings, Ltd.

      7. 6.4.7 Tru Blu Beverages

      8. 6.4.8 F&N Foods Pte Ltd

      9. 6.4.9 Bickford's Australia

      10. 6.4.10 Parle Agro

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Carbonated Beverages Market market is studied from 2016 - 2026.

The Carbonated Beverages Market is growing at a CAGR of 3.15% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2020.

  • The Coca-Cola Company
  • PepsiCo Inc.
  • Britvic PLC
  • National Beverage Corp.
  • F&N Foods Pte Ltd

Are the major companies operating in Carbonated Beverages Market.

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