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Soft Drinks Market Overview 2023-2032: Size, Trends, Share And Analysis | Pepsico. Inc., Nestle S.A., The Coca-Cola Company, Keurig Dr Pepper Inc., Red Bull GmbH
Soft Drinks Market
Soft Drinks Market Size, Growth Rate, And Forecast
The global soft drinks market size is expected to grow from $437.78 billion in 2022 to $464.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global soft drink market size is expected to reach $573.18 billion in 2027 at a CAGR of 5.4%.
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Soft Drinks Market Drivers
The rise in demand for food and beverages is expected to propel the growth of the soft drink market going forward. The food and beverage sector encompasses all organizations that process, package, and distribute raw food products. Consumers are preferring beverages with healthier and ready-to-eat options with different flavors, as a result, the expansion of the food and beverage sector boosts the growth of the soft drinks market.
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Soft Drinks Market Segments
• By Product: Carbonated Soft Drinks, Juices And juice concentrates, Bottled Water, Ready-To-Drink (RTD) Tea And Coffee, Other Products.
• By Flavors: Cola, Citrus, Other Flavors.
• By Distribution Channel: Offline, Online.
• By Application: Supermarket, Convenience Store, Online Stores, Other Applications.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Soft Drinks market.
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Soft Drinks Market Key Players
Major competitors in the soft drinks market include Pepsico. Inc., Nestle S.A., The Coca-Cola Company, Keurig Dr Pepper Inc., Red Bull GmbH, Monster Energy Company, Asahi Group Holdings Ltd., Danone S.A., Kirin Brewery Company Limited.
The Business Research Company's "Global Soft Drinks Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Soft Drinks Market Include:
1. Executive Summary
2. Soft Drinks Market Characteristics
3. Soft Drinks Market Trends And Strategies
4. Soft Drinks Market - Macro Economic Scenario
5. Soft Drinks Market Size And Growth
……
26. Africa Soft Drinks Market
27. Soft Drinks Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Soft Drinks Market
29. Soft Drinks Market Future Outlook and Potential Analysis
30. Appendix
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