Global Soft Drink Market Valued at USD 420.2 Billion in 2022, Estimated to Grow at a CAGR of 7.2% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Soft Drink market size accounted for USD 420.2 Billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033. The soft drink market refers to the global industry involved in the production, distribution, and sale of non-alcoholic beverages. Soft drinks, also known as carbonated beverages or sodas, are flavored and carbonated beverages that typically contain water, sweeteners, flavorings, and carbon dioxide. Factors such as changing consumer tastes, health consciousness, regulatory measures on sugar content and labeling, and increasing competition from other beverage categories continue to shape the soft drink market.
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Key Highlights:
• The global Soft Drink Market size was valued at USD 420.2 billion in 2022 growing at a CAGR of 7.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Soft Drink Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Soft Drink market report also includes the following data points:
• COVID19 Impact on Soft Drink market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Soft Drink market
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Key Players
Some of the major Soft Drink players holding high market share include Pepsico, Inc., Nestlé, The Coca-Cola Company, and Keurig Dr Pepper Inc (KDP). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Pepsico, Inc.
• Nestlé
• The Coca-Cola Company
• Keurig Dr Pepper Inc (KDP)
• Red Bull GmbH
• Unilever PLC
• Monster Energy Company
• Appalachian Brewing Company
• ITO EN INC.
• AriZona Beverages USA LLC
Segmental Analysis
Market Segment By Product with focus on market share, consumption trend, and growth rate of Soft Drink Market:
o Carbonated
o Non-carbonated
Market Segment By distribution channel with a focus on market share, consumption trend, and growth rate of the Soft Drink Market:
o Hypermarkets and Supermarkets
o Convenience Store
o Online
o Others
Parameters Details
Market Size (2022) $ 420.2 Billion
CAGR (2023 to 2033) 7.2%
Market Segmentation Product, Distribution Channel
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Soft Drink Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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