Carbonated Soft Drinks Market Trends That Will Shape the Next Decade: Insights from Zero-Sugar Craft Sodas Crafting Refreshing Innovation In The Market

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How Large Will the Carbonated Soft Drinks Market Size By 2025?
The market size for carbonated soft drinks has consistently expanded over the recent years. It is projected to escalate from $122.34 billion in 2024 to $126.15 billion in 2025, progressing at a compound annual growth rate (CAGR) of 3.1%. The historical growth can be credited to factors including consumer preference for convenience, the international reach of beverage brands, effective marketing and branding approaches, lifestyle trends promoting on-the-go consumption, cost-effectiveness, accessibility, and the introduction of diverse flavors.

How Big Is the Carbonated Soft Drinks Market Size Expected to Grow by 2029?
In the coming years, the carbonated soft drinks market is predicted to demonstrate a consistent growth, reaching $143.53 billion by 2029, with a compound annual growth rate (CAGR) of 3.3%. This growth during the estimated period can be linked to the launch of innovative low-calorie and functional drinks, sustainable practices, the emergence of handcrafted and artisanal beverages, policy measures and sugar taxes, and health and well-being trends. Within the forecast period, critical trends such as digital marketing and e-commerce, the proliferation of flavored and functional beverages, escalating interest in premium and artisanal soft drinks, sustainability with eco-friendly packaging trends, and the popularization of premium cocktail mixers are expected.

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Which Key Market Drivers Powering Carbonated Soft Drinks Market Expansion and Growth?
The carbonated soft drinks market is predicted to see increased growth due to a surge in recreational activities. Defined by physically or mentally engaging activities typically enjoyed during leisure time, recreational activities often involve the consumption of carbonated beverage to maintain hydration. Modifications to these beverages, such as the addition of certain additives, allow for a mental boost to meet consumer demands. The Outdoor Industry Association (OIA), a non-profit organization based in the U.S., noted an uptick of 2.3% in outdoor recreational participants in 2022, reaching an all-time high of 168.1 million. This figure represents 55% of U.S. population aged 6 and older as of 2023. As such, an increase in recreational activities can be seen as a driving force behind the growth of the carbonated soft drinks market.

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Which Fast-Growing Trends Are Poised to Disrupt the Carbonated Soft Drinks Market?
The emergence of product advancements is a noteworthy trend observed in the arena of carbonated soft drinks. Companies dominating this sector are prioritizing the development of innovative solutions to solidify their market standing. Take for example Pepsi, a food and beverage conglomerate based in the US, which unveiled its re-engineered Pepsi Zero Sugar in January 2023. This revamp features a novel sweetener composition aimed at providing a fresher and more pronounced taste than the previous formulation. By adjusting the caffeine content to align with regular Pepsi, they seek to offer a more familiar sensation to consumers who love the classic taste but desire a variant devoid of sugar.

What Are the Emerging 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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Who Are the Global Leaders in the Carbonated Soft Drinks Market?
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.

Which are the Top Profitable Regional Markets for the Carbonated Soft Drinks Industry?
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

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