Global Carbonated Soft Drinks Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Carbonated Soft Drinks Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Carbonated Soft Drinks Market Size and Projected Growth Rate?
The market size of carbonated soft drinks has been progressively expanding over the past few years. It is set to enhance from $122.34 billion in 2024 to $126.15 billion in 2025, with a compound annual growth rate (CAGR) of 3.1%. Factors such as consumer preference for convenience, the international presence of beverage brands, effective marketing and branding tactics, the influence of lifestyle and on-the-go culture, affordability and the ease of access, as well as the innovation and variety in flavors can be attributed to this growth observed in the historic period.

In the upcoming years, the carbonated soft drinks market size is predicted to undergo steady growth, reaching a valuation of $143.53 billion in 2029 with a compound annual growth rate (CAGR) of 3.3%. This growth in the forecast period can be credited to the introduction of innovative low-calorie and functional drinks, measures towards sustainability, the emergence of craft and artisanal beverages, health and wellness trends, as well as regulatory steps and sugar taxes. Significant trends expected during this period include expanding e-commerce and digital marketing, the broadening scope of flavored and functional beverages, a rising inclination towards premium and artisanal soft drinks, the use of sustainable and eco-friendly packaging, and the increasing popularity of premium mixers for cocktails.

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What Are the Major Segments in the Carbonated Soft Drinks Market?
The carbonated soft drinks market covered in this report is segmented -

1) By Product: Softdrinks, Carbonated Water, Sports And Energy Drinks, Other Products
2) By Flavor: Cola, Citrus, Other Flavors
3) By Packaging: Bottles, Cans
4) By Distribution Channel: Hyper markets, Super markets And Mass Merchandisers, Convenience Stores And Gas Stations, Food Service Outlets, Online Stores And D2C, Other Distribution Channels

Subsegments:
1) By Soft Drinks: Cola, Lemon-Lime, Root Beer, Other Flavored Soft Drinks
2) By Carbonated Water: Sparkling Water, Flavored Carbonated Water
3) By Sports And Energy Drinks: Sports Drinks (Electrolyte Beverages), Energy Drinks (Caffeinated Beverages)
4) By Other Products: Mixer Drinks (Used In Cocktails), Functional Carbonated Beverages

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What Are The Driving Carbonated Soft Drinks Market Evolution?
The surge in leisure activities is predicted to fuel the carbonated soft drinks market's growth. These activities, which often have mental or physical excitement and are planned for people's spare time, play a significant role in enjoyment. Carbonated beverages are commonly consumed during these activities to ensure people remain refreshed all day. They also undergo customization with supplementary ingredients to satisfy the consumers' mental stimulation requirements. As noted by the U.S. non-profit Outdoor Industry Association (OIA) in 2023, outdoor recreation participants experienced a 2.3% increase in 2022, hitting an unprecedented high of 168.1 million, equating to 55% of the U.S. population aged 6 and above. Hence, the rise in leisure activities will certainly contribute to the carbonated soft drink market's growth.

Which Firms Dominate The Carbonated Soft Drinks Market Segments?
Major companies operating in the carbonated soft drinks market include PepsiCo Inc., Keurig Dr Pepper Inc., Monster Energy Company, National Beverage Corporation, Jones Soda Co., Refresco Group B.V., Suntory Beverage & Food Limited, Postobon S.A., Parle Agro Private Limited, Britvic Soft Drinks Limited, Asahi Soft Drinks Co.Ltd., The Kraft Heinz Co., Ektam Machinery Co., Q-BEV Sp. z o.o., The Coca-Cola Company, Cheerwine, Crush International, ANADOLU GRUBU A.S., Danone S.A., Cott Corporation, Royal Crown Cola International, SODASTREAM INTERNATIONAL LTD., Schweppes International Limited, Faygo Beverages Inc., Big Red Inc., Nestlé S.A., Molson Coors Beverage Company, Heineken N.V.

What Trends Are Expected to Dominate the Carbonated Soft Drinks Market in the Next 5 Years?
The emergence of product innovations is a notable trend escalating in popularity within the carbonated soft drinks market. The major industry players are focused on driving innovative solutions that bolster their market standing. For instance, in January 2023, Pepsi, a corporation from the US specializing in food and beverages, introduced its new and improved Pepsi Zero Sugar. This revamped formulation includes a fresh sweetener system developed to offer a bolder and more invigorating flavor profile compared to the older version. The caffeine levels have been recalibrated to align with regular Pepsi, potentially providing a more customary experience for consumers who prefer the original taste but are in search of a sugar-free option.

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Which Is The Largest Region In The Carbonated Soft Drinks Market?
North America was the largest region in the carbonated soft drinks market in 2024. The regions covered in the carbonated soft drinks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Carbonated Soft Drinks Market?
2. What is the CAGR expected in the Carbonated Soft Drinks Market?
3. What Are the Key Innovations Transforming the Carbonated Soft Drinks Industry?
4. Which Region Is Leading the Carbonated Soft Drinks Market?

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