Soft Drinks Market is Booming with Strong Growth Prospects | The Coca-Cola, PepsiCo, Keurig Dr Pepper

HTF MI introduces new research on Soft Drinks covering the micro level of analysis by competitors and key business segments (2023-2029). The Soft Drinks explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.

Some of the major key players profiled in the study are The Coca-Cola Company (United States), PepsiCo (United States), Keurig Dr Pepper (United States), Nestlé Waters (France), Monster Beverage Corporation (United States), Red Bull GmbH (Austria), Asahi Group Holdings, Ltd. (Japan), Suntory Beverage & Food Limited (Japan), Kirin Holdings Company, Limited (Japan), Ambev (Brazil), Arca Continental (Mexico), Schweppes International Limited (United Kingdom), Danone Waters (France), Sanpellegrino S.p.A. (Italy)..

The global Soft Drinks market size is expanding at robust growth of 4.5%, sizing up market trajectory from USD 839.5 Billion in 2023 to USD 1161.2 Billion by 2029.

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Definition:
The market for carbonated soft drinks continues to be the largest market segment, though that may change in the near future as more people become aware of the detrimental effects that sugar has on human health overall. Soft drinks, also known as sodas or cold drinks, also include non-carbonated beverages and energy drinks. As customers migrate to healthier options, the industry has changed, especially the non-carbonated beverage market. The market is fiercely competitive in every market area, which necessitates investment in the creation of product offerings in order to remain distinct and cutting-edge. Governments have implemented tariffs on sugary beverages to deter the use of sugar, and businesses have increased their attention on sustainability and minimising their environmental effect. These legislative and environmental considerations also have an impact on the market.

On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [Cans, Pouches, Glass bottles, Plastic bottles], Product Types [Water and Flavored Water, Carbonated Drinks, Non-Carbonated, Energy, Sports, Juices] and some significant parts of the business.

Market Trends:
 Increasing demand for low- and no-sugar soft drinks
 Growing popularity of plant-based and functional beverages
 Rising demand for premium and artisanal soft drinks
 Adoption of eco-friendly packaging materials
 Emergence of niche and local soft drink brands

Market Drivers:
 Growing consumer preference for convenience and on-the-go consumption
 Increasing demand for healthy and functional beverages
 Rising disposable income and changing lifestyle patterns
 Growing popularity of social media and digital marketing
 Expansion of retail and e-commerce channels

Market Opportunities:
 Growing demand for soft drinks in emerging economies
 Increasing focus on product innovation and differentiation
 Growing demand for sustainable and eco-friendly packaging solutions
 Adoption of augmented reality and virtual reality in soft drink marketing

Market Restraints:
 Growing demand for soft drinks in emerging economies
 Increasing focus on product innovation and differentiation
 Growing demand for sustainable and eco-friendly packaging solutions
 Adoption of augmented reality and virtual reality in soft drink marketing

Market Challenges:
 Growing demand for soft drinks in emerging economies
 Increasing focus on product innovation and differentiation
 Growing demand for sustainable and eco-friendly packaging solutions
 Adoption of augmented reality and virtual reality in soft drink marketing

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Soft Drinks Market by Key Players: The Coca-Cola Company (United States), PepsiCo (United States), Keurig Dr Pepper (United States), Nestlé Waters (France), Monster Beverage Corporation (United States), Red Bull GmbH (Austria), Asahi Group Holdings, Ltd. (Japan), Suntory Beverage & Food Limited (Japan), Kirin Holdings Company, Limited (Japan), Ambev (Brazil), Arca Continental (Mexico), Schweppes International Limited (United Kingdom), Danone Waters (France), Sanpellegrino S.p.A. (Italy).

Soft Drinks Market by Geographical Analysis:

• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Australia or Southeast Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, resea rch, tools, events, and experience that assist in decision-making.

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