Carbonated Soft Drink Market is expected to grow at a CAGR of around 7.85% over the forecast period 2021-2027

The Carbonated Soft Drink market is

primarily driven by factors such as rising global population, shelf-stable

innovations, eco-friendly packaging, made with clean, renewable materials, and

fewer preservatives and chemicals, etc. The global carbonated soft drink market is projected to gain

significant traction over the forecast timeframe, owing to some favorable factors. The growing demand for

low-calorie, low-carb, and gluten-free beverages has encouraged manufacturers

to introduce low-calorie or zero-calorie carbonated beverages, such as diet

colas. The zero-calorie carbonated soft beverages are in high demand among

fitness enthusiasts and the increasingly health-conscious consumers.  

In the most hopeful scenario, the COVID-19 pandemic would have a

long-term positive impact on the global Ca Like peers across global food and beverages, the Carbonated

soft drink Market has been hard hit by the global COVID-19 pandemic. Bottling

and distribution remain largely open, although

temporary closures have occurred in some regions. Short-term priorities are

essential issues of employee and customer safety. Packaged water, coffee, dairy and juice have seen sharp increases in grocery channels

across the US and Western Europe from mid-March 2020 as consumers stockpile

essential products for an extended period of self-isolation (or quarantine) at

home. Retailers have struggled to cope with demand in many FMCG categories,

both in-store and online, although the direct-store-delivery (DSD) distribution

model provides soft drinks producers with a logistical advantage. 

While stockpiling behaviours are temporary, the industry must prepare for long-term

changes in routine. These changes will likely involve more at-home daily beverage occasions, more focus on immune support ingredients and a rapid

acceleration in adoption of grocery e-commerce across both food and beverages. For instance: According to a Survey, COVID-19 pandemic does

not caused major impact on the

carbonated soft drink market in the state of São Paulo, Brazil. The

manufacturers reported increased income by more than 4% and the other FMCG

sector was more affected than the beverage sector.  

Based on Flavour, the market is

segmented into Cola, Lemon & Lime, Orange & Others. Of the different

flavor segments, the cola segment leads the global market, accounting for over

50% of the overall market share in 2020. The rising demand for cola-flavored

carbonated soft drinks worldwide is projected to boost this segment’s growth in

the upcoming years. Manufacturers have been engaged in new product innovations,

trying out new versions of the classic taste of Cola. 

Moreover, the increasing innovation by the companies in developing new

products like diet drinks or low-calorie drinks is estimated to continue the

popularity in the cola flavor category during the forecast period. These

innovations also boosting the

market growth of the Carbonated Soft Drink.  

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For a better understanding of the market adoption of Carbonated Soft Drink, the market is analyzed for the countries such as North America (US, Canada, Rest of North America), Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia- Pacific), & Rest of World. North America dominated the market in 2020. The high and growing global population,

shelf-stable innovations, eco-friendly packaging, made with clean, renewable

materials, and fewer preservatives and chemicals all contribute to

the North American region's big proportion. 

Some of the major players operating in the market include Pepsico, Inc., The Coca-Cola Company, Postobón S.A., National

Beverage Corp., Cott Corporation, F&N foods pte Ltd, Bickford’s Australia Pty Ltd, Suntory Holdings Ltd.,

Reeds Inc., Keurig Dr Pepper Inc., etc. Several M&A’s along with partnerships have been

undertaken by these players to boost their presence in different regions 

Carbonated Soft Drink Market Segmentation 

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Market Insight, by Flavour 

Cola 

Lemon & Lime 

Orange & Others 

Market Insight, by Packaging Type 

Bottles 

Cans   

Others 

Market Insight, by Distribution Channel  

Supermarkets and Hypermarkets   

Convenience stores and gas stations 

Food service outlets     

Online stores and others 

Market Insight, by Region 

North America Carborated Soft Drink Market 

United States 

Canada 

Rest of North America 

Europe Carborated Soft Drink Market 

Germany 

France 

United Kingdom 

Italy 

Spain 

Rest of Europe 

Asia Pacific Carborated Soft Drink Market 

China 

Japan 

India 

Australia 

Rest of Asia-Pacific 

Rest of World Carborated Soft Drink Market 

Company Profiled 

PepsiCo, Inc. 

The Coca-Cola Company 

Postobón S.A. 

National Beverage

Corp. 

Cott Corporation 

F&N Foods Pte Ltd  

Bickford’s Australia

Pty Ltd 

Suntory Holdings Ltd.      

Reeds Inc.    

Keurig Dr Pepper Inc. 

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