Global Carbonated Beverages Market to Reach USD 581.38 billion by 2028, By SkyQuest Technology

The increasing demand for carbonated drinks as a side drink at various fast-food restaurants and cafés is another factor driving the growth of the worldwide market. An increase in consumer demand for low-sugar and diet carbonated beverages as a result of increasing adoption of a healthy lifestyle is another factor driving growth in the global carbonated beverages market.

Due to the present global health crisis, many people want to have more control over their health and are looking for clear, reliable indications that a product adheres to their standards for morality, health objectives, and/or component needs. This client requirement will fuel the demand for products that meet both short- and long-term health goals. "Immune health will continue to be emphasised in food and beverage claims."

Consumers' hectic lifestyles have led to a rise in demand for fizzy beverages. Due to the increase in customer demand for clean-label, gluten-free, low-calorie, and low-carb products in the food industry, the market for low-calorie carbonated beverages has grown. The demand for low-calorie beverages has increased as the market for functional beverages as a whole has grown and customers' knowledge of their own health has increased. The convenient availability of low- or zero-calorie beverages, which are sold in Walmart and convenience shops, has also contributed to the market's rise. Major companies are always experimenting with new flavors and technologies for zero-calorie beverages in an effort to attract more consumers.

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Read Market Research Report, "Global Carbonated Beverages Market By Product (Soft Drinks, Sports & Energy Drinks), Flavor (Cola, Fruit Based), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, Online Stores, and Other Distribution Channels), and Region -Forecast And Analysis 2022-2028" By Skyquest

North America dominated the global carbonated beverages market. The North American market is expanding as a result of shifting eating habits, a rise in the region's adolescent population, and growing demand for carbonated beverages. In addition, firms are developing fresh concepts and producing items while taking into consideration worries about the health and wellness of local consumers in order to address new challenges. Market leader Coca-Cola keeps up a product sustainability strategy for enduring brand dependability. These factors are promoting the growth of the carbonated beverage industry in North America. For instance, The Coca-Cola Company's two biggest North American brands are putting a lot of work into promoting a circular economy for plastic packaging in 2022. Sprite is going from green to clear plastic and DASANI is releasing bottles that are totally made of recycled PET plastic in an effort to increase the likelihood that the material will be utilised to produce new beverage bottles (caps and labels are excluded).

Additionally, starting this summer, all DASANI bottles sold in the US, including the 10-oz. and 12-oz. multipacks, 1.5-liter singles, and 20-oz. bottles will be produced entirely of recycled plastic. All DASANI bottles sold in Canada are covered by this invention. The modification helps DASANI's promise to stop producing the equivalent of 2 billion virgin plastic bottles by 2027 as opposed to 2021 levels as well as the company's World Without Waste aim of utilizing at least 50% recycled material in its bottles and cans by 2030.

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Between 2022 and 2028, the Middle East and Africa are expected to experience a CAGR of more than 6%. Nations like Kenya and Nigeria now dominate the industry due to rapid product uptake in the region. Due to a young population, growing urbanization, growing financial sectors, and major manufacturers targeting the region for product penetration, the market is growing swiftly. Furthermore, it is anticipated that by 2050, Africa's population, which today accounts for 16 percent of the world's population, would rise to 25 percent. The soft drink sector will have the potential to grow as a result, particularly in East African countries like Kenya, Tanzania, and Uganda. The soft drink industry in East Africa is worth $800 million. The major clientele in the area is from Nigeria.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

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Market Estimation for 20+ Countries
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Parent market analysis
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SkyQuest has segmented the Global Carbonated Beverages Market based on Product, Flavor, Distribution Channel, and Region:
Global Carbonated Beverages Market by Product (Revenue, US$ Billion, 2021 - 2028)
Soft Drinks
Carbonated Water
Sports & Energy Drinks
Others
Global Carbonated Beverages Market by Flavor (Revenue, US$ Billion, 2021 - 2028)
Cola
Fruit Based
Others
Global Carbonated Beverages Market by Distribution Channel (Revenue, US$ Billion, 2021 - 2028)
Hypermarkets/Supermarkets
Specialty Stores
Convenience Stores
Online Stores
Other Distribution Channels
Global Carbonated Beverages Market By Region (Revenue, US$ Billion, 2021 - 2028)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

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