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The Global Soft Drinks Market is to Hit USD 765.34 Billion in 2030 at a Growth rate of 6.38% as per Stellar Market Research study

08-29-2024 09:42 AM CET | Food & Beverage

Press release from: STELLAR MARKET RESEARCH

Soft Drinks Market

Soft Drinks Market

Stellar Market Research, a Food and Beverages business research firm has published a report on the "Soft Drinks Market". The total market opportunity for Soft Drinks was USD 496.40 Billion in 2023 and is expected to grow at 6.38% CAGR through the forecast period by reaching nearly USD 765.34 Billion.

Soft Drinks Market Overview

In 2023, the soft drinks industry faced stagnation due to price hikes in mature markets like America and Europe, leading to a shift towards regional brands and discounters. Social media and digital marketing became vital, with brands like Coca-Cola and PepsiCo investing in alcohol distribution and flavored RTD beverages. Energy drinks led growth, with innovation in hydration formats. In 2024, trends include a focus on value, functional ingredients, sustainability, and AI-driven consumer engagement, reshaping market dynamics.

๐—ง๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐— ๐—ผ๐—ฟ๐—ฒ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†, ๐—ฃ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ:https://www.stellarmr.com/report/req_sample/Soft-Drinks-Market/1931

Soft Drinks Market Dynamics

The global carbonated soft drinks market is driven by increasing demand for low-calorie options and convenient, health-conscious products. As consumers seek healthier choices, companies are innovating with zero-calorie and functional beverages. However, concerns over sugar content and health impacts, alongside regulatory measures like sugar taxes, are constraining growth. Efficient processing equipment and flavor innovations also significantly influence the market.

Soft Drinks Market Regional Insights

The U.S. dominates North America's soft drinks market, benefiting from major brands like Coca-Cola and PepsiCo. With high consumer demand and rising disposable income, the market is expected to grow significantly. Innovation in flavors and packaging, along with technological advancements, drives this growth. In 2021, Coca-Cola and PepsiCo led the market, with substantial revenues and global operations.

๐—ง๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐— ๐—ผ๐—ฟ๐—ฒ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†, ๐—ฃ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ:https://www.stellarmr.com/report/req_sample/Soft-Drinks-Market/1931

Soft Drinks Market Scope:

Market Size in 2023: USD 496.40 Billion.

Market Size in 2030: USD 765.34 Billion.

CAGR: 6.38% (2024-2030)

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 239

Number of Tables: 40

Number of Charts and Figures: 45

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

Soft Drinks Market Segments

By Product Type

Carbonated Soft Drinks
Non-carbonated Soft Drinks
Fruit Juices
Flavored Water
Energy Drinks
Ready-to-Drinks (RTD)
Others

By Packaging

Cans
Bottles
Pouches
Others

By Distribution Channel

Offline
Online

๐—ง๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐— ๐—ผ๐—ฟ๐—ฒ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†, ๐—ฃ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ:https://www.stellarmr.com/report/req_sample/Soft-Drinks-Market/1931

Soft Drinks Market Key Players

North America

The Coca-Cola Company (United States)
PepsiCo, Inc. (United States)
Keurig Dr Pepper (United States)
National Beverage Corp. (United States)
Cott Corporation (Canada)
Europe

Refresco Group (Netherlands)
Britvic plc (United Kingdom)
Eckes-Granini Group (Germany)
Red Bull GmbH (Germany)
Asia Pacific

Asahi Group Holdings, Ltd. (Japan)
Kirin Holdings Company, Limited (Japan)
Lotte Chilsung Beverage Co., Ltd. (South Korea)
Fraser and Neave, Limited (Singapore)
Suntory Holdings Limited (Japan)
Middle East & Africa

Delta Corporation Limited (Zimbabwe)
SABMiller Africa (South Africa)
South America

Embotelladora Andina (Chile)
AJE Group (Peru)
Refres Now (Brazil)

๐—ง๐—ผ ๐—ฎ๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€ ๐—ฟ๐—ฒ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต, ๐˜ƒ๐—ถ๐˜€๐—ถ๐˜ ๐˜๐—ต๐—ฒ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐˜„๐—ฒ๐—ฏ๐—ฝ๐—ฎ๐—ด๐—ฒ:https://www.stellarmr.com/report/Soft-Drinks-Market/1931

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Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provides numerous services i.e. consultancy, Market Intelligence, Syndicate Research, etc. to help executives in any organization and consumers achieve their mission-critical goals.

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