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Soft Drink And Ice Global Market Report 2024- 2033| PepsiCo Inc., The Coca-Cola Company, Coca-Cola European Partners PLC, Fomento Económico Mexicano, S.A.B.
The Business Research Company's Soft Drink And Ice Global Market Report 2023 identifies increase in the population as the major driver for the Soft Drink And Ice market's growth in the forecast period. The growing popularity of energy drinks and sports drinks is expected to propel the growth of theSoft Drink And Ice market going forward. Energy and sports drinks are beverages that are designed to provide energy and hydration to individuals who engage in physical activity. The increasing popularity of energy drinks and sports drinks has led to a surge in demand for soft drinks and ice, as consumers often use these beverages as mixers or enjoy them alongside their preferred soft drinks, creating a positive impact on the market.
TheSoft Drink And Ice market size has grown strongly in recent years. It will grow from $446.2 billion in 2023 to $471.23 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to consumer demand for refreshing beverages, carbonated soft drinks (csds), convenience stores and vending machines, mass marketing and advertising, consumer perception of sugar content.
TheSoft Drink And Ice market size is expected to see strong growth in the next few years. It will grow to $573.45 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%.
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Major competitors in the Soft Drink And Ice market are PepsiCo Inc., The Coca-Cola Company, Coca-Cola European Partners PLC, Fomento Económico Mexicano, S.A.B. de C.V.
A key trend in theSoft Drink And Ice market includes technological advancement. To establish brand image and differentiation, bottled water manufacturers are introducing novel packaging. Novelty packaging may include re-sealable and recyclable packaging material, transparent sophisticated bottles, inks, and coatings applied to cans to enhance shelf appeal. For instance, British entrepreneurs launched Cano, a re-sealable and recyclable aluminum water that can aim at controlling pollution from plastic water bottles. Also, the Paper Water Bottle Company launched the Paper Water Bottle Eco-1, a compostable water bottle made of moulded fiber.
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The Soft Drink And Ice market is segmented -
• By Type: Soft Drinks, Ice
• By Category: Mass, Premium
• By Distribution Channel: Off-Trade Channels, On-Trade Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Soft Drink And Ice market.
The Business Research Company's "Global Soft Drink And Ice Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Soft Drink And Ice Market Include:
1. Soft Drink And Ice Market Executive Summary
2. Soft Drink And Ice Market Segments
3. Soft Drink And Ice Market Size And Soft Drink And Ice Market Growth Rate
4. Key Soft Drink And Ice Market Trends
5. Major Soft Drink And Ice Market Drivers
……
25. Key Mergers And Acquisitions In The Soft Drink And Ice Market
26. Top Soft Drink And Ice Companies
27. Soft Drink And Ice Market Opportunities And Strategies
28. Soft Drink And Ice Market, Conclusions And Recommendations
29. Appendix
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