Sparkling Drinks Market is Estimated to Reach USD 65.5 billion by 2031 | Key Players- Pepsico, Inc., Welch Foods Inc., Ocean Spray, Waterloo Sparkling Drinks Corporation

The Sparkling Drinks Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Sparkling Drinks market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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The Global Sparkling Drinks Market reached USD 39.0 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 65.5 billion by 2031. The market is growing at a CAGR of 6.7% during the forecast period 2024-2031. The rising popularity of functional beverages, such as sparkling water infused with vitamins, minerals, and natural flavors, is driving the growth of the sparkling drinks market.

Sparkling drinks, also known as carbonated beverages, are drinks that contain dissolved carbon dioxide gas, which creates bubbles and effervescence when opened. Examples include sodas, sparkling waters, and flavored sparkling beverages. The carbonation adds a fizzy texture to the drink, and they are often sweetened or flavored for taste.

Key Developments:

❁ In September 2022, PepsiCo introduced an exciting addition to its product lineup: the zero-sugar Pepsi 18-week pack. This strategic launch coincided with the football season, capitalizing on the fervor and anticipation surrounding the sport. The introduction of the zero-sugar Pepsi 18-week pack exemplifies PepsiCo's dedication to meeting the changing preferences of health-conscious consumers.

❁ In April 2022, in a groundbreaking move, Coca-Cola launched its latest creation, "Coca-Cola Zero Sugar Byte," as the first-ever Coca-Cola beverage designed for the metaverse. This innovative product takes inspiration from the world of gaming and aims to encapsulate the vibrant flavors of pixels.

Growth Drivers:
❁ Growing Consumer Preference for Refreshing Beverages
❁ Rise of Health-Conscious Alternatives
❁ Product Innovation and Flavor Variety

Competitive Landscape:

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Pepsico, Inc., Welch Foods Inc., Ocean Spray, Waterloo Sparkling Drinks Corporation, Sapporo Group, Seven Sparkling Drinks, LaCroix Beverages, Inc., Nestle S.A, Hint Inc. and The Coca-Cola Company.

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Market Segments:

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Sparkling Drinks market has been segmented By Product Type {Alcoholic Beverages (Wine, Cider, Others) Non-Alcoholic Beverages (Juice, Water, Tea & Coffee, Others)} By Distribution Channel (E-Commerce, Supermarkets & Hypermarkets, Retail Stores, Restaurants & Tap Rooms, Others)

Research Process:

Both primary and secondary data sources have been used in the global Sparkling Drinks Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Outline for Sparkling Drinks Market:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Sparkling Drinks market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Sparkling Drinks Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Sparkling Drinks market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Sparkling Drinks Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Sparkling Drinks market?
➠ Who are the global key manufacturers of the Sparkling Drinks Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Sparkling Drinks market opportunities and threats faced by the vendors in the global Sparkling Drinks Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Sparkling Drinks market?
➠ What are the different sales, marketing, and distribution channels in the global industry?

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