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Carbonated Beverages Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2023-2032
Carbonated Beverages Market was valued at USD 3.7 billion in 2021 is expected to reach the value of USD 4.91 billion by 2029, at a CAGR of 3.60% during the forecast period of 2022 to 2029. The market has seen significant shift recently, and this tendency is expected to continue. Due to an expanding number of young people, particularly in developing nations, and a growth in consumer purchasing power, this industry is anticipated to expand dramatically over the next few years.Due to customers' hectic lifestyles, carbonated beverages have gained popularity. The market for low-calorie carbonated beverages has expanded due to the rise in consumer demand for clean-label, gluten-free, low-calorie, and low-carb goods in the food sector. The market for functional beverages as a whole is expanding, and consumers' awareness of their own health is rising, which has fueled the demand for low-calorie beverages. The market's expansion has been further aided by the simple availability of low- or zero-calorie drinks, which can be found in Walmart and convenience stores. To draw in more customers, major players are continuously experimenting with new tastes and innovations for zero-calorie beverages.
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Some wine producers add carbon dioxide to their goods to make them fizzy and champagne-like. When producing carbonated soft drinks, manufacturers consider consumer tastes and preferences for flavours. These products are also now created as functional beverages for consumers who are health-conscious. Customers hope that newly released soft drinks will be devoid of toxins that are harmful to their long-term health and actively encourage both physical and mental fitness via the use of properly selected ingredients.
Global Carbonated Beverages Market: Segmentations
Global Carbonated Beverages Market: By Key Players
Coca-Cola
Pepsi
Cadbury Schweppes
Parle Agro
Postobon
Cott
Global Carbonated Beverages Market: By Types
Sugar Dissolvers
Carbonation Equipment
Blenders & Mixers
Heat Exchangers
Global Carbonated Beverages Market: By Applications
Food & Beverages Industries
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Global Carbonated Beverages Market: Regional Analysis
The countries covered in the regional analysis of the Global Carbonated Beverages market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Market Trends:
Many individuals want to have more control over their health because of the current global health crisis, and they are searching for unmistakable, trustworthy signs that a product complies with their moral standards, health objectives, and/or component requirements.
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 global industry.
Drinks containing components like collagen, as well as particular dietary fibres or selected secondary phytochemicals, are promise for new product development in an era of anti-aging and the desire of many to be "forever young." They can encourage a holistic, mindful lifestyle and lessen the symptoms of ageing when consumed in the right amounts.
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Restraints & Challenges:
Health issues are one of the main problems facing the carbonated beverage industry. Numerous health issues, including as obesity, diabetes, and heart disease, have been linked in studies to sugary beverages. People are less inclined to buy these drinks as more people become aware of the potential health dangers associated with them.
Other forms of drinks are increasingly competing with carbonated beverages. Juices, teas, and even coffee are just a few of the healthful beverage options available today in addition to water. Customers are less inclined to buy soda when they have alternative options.
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