Carbonated Soft Drinks Market Forecast to Reach USD 401.93 Billion by 2030, Growing at a CAGR of 4.46%

According to a detailed report by MarketResearch.com, the global carbonated soft drinks market is estimated to grow from USD 323.13 billion in 2025 to USD 401.93 billion by 2030, registering a compound annual growth rate (CAGR) of 4.46%. This growth is fueled by increasing urbanization, growing health-conscious alternatives such as low-calorie and zero-calorie beverages, and the continuous introduction of innovative flavors and packaging designs.

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♦ Key Highlights

Market expected to grow from USD 323.13 billion (2025) to USD 401.93 billion (2030) at a CAGR of 4.46%.

Cola flavor remains the largest segment, holding over 55% of the market share due to strong brand loyalty and widespread consumer preference.

North America dominates the market with the largest share, led by major players such as Coca-Cola and PepsiCo and driven by expanding e-commerce and promotional strategies targeting youth.

Asia Pacific is the fastest-growing region, attributed to rising disposable incomes, urbanization, and changing consumer lifestyles across China, India, and Southeast Asia.

Increasing demand for low-calorie, low-sugar carbonated drinks is reshaping the product portfolio and encouraging health-focused innovations.

Top companies include PepsiCo, The Coca-Cola Company, Keurig Dr Pepper, National Beverage Corp., and Asahi Group.

♦ Market Outlook

The global carbonated soft drinks market remains a significant segment of the non-alcoholic beverage industry. Market growth is underpinned by steady demand for classic flavors like cola, alongside increasing consumer preference for healthier options such as diet sodas, sparkling water, and functional carbonated drinks with added vitamins or energy-boosting ingredients. Manufacturers are investing in flavor innovation, limited-edition launches, and sustainable packaging to meet evolving consumer expectations.

North America continues to lead the market due to the presence of established beverage giants, extensive retail networks, and sophisticated marketing campaigns. The region also benefits from higher average spending on premium beverages and the rise of online sales channels, fueling convenience-driven purchasing behavior.

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♦ Regional Insights

North America: Holds more than 32% market share in 2025, driven primarily by the United States. The region features a mature beverage market with intense competition focusing on health and wellness trends, including zero- or low-calorie beverages and sugar reduction initiatives.

Asia Pacific: The fastest-growing region due to economic development, increasing disposable income, changing lifestyles, and rising urban populations in key markets such as China and India.

Europe: Faces slower growth due to strict regulations on sugar content and sugar taxes but remains an important region for premium and diet carbonated beverages.

Latin America and Middle East/Africa: Show steady growth supported by young populations, improving retail infrastructures, and increasing brand awareness.

♦ Key Players & Competitive Landscape

1.PepsiCo, Inc. 2. The Coca-Cola Company 3. National Beverage Corp. 4. Reeds Inc. 5. Jones Soda Co. 6. Appalachian Brewing Company 7. The Asahi Group 8. Bickford's Australia Pvt. Ltd 9. F&N Foods Pvt. Ltd 10. Cott Corporation 11. Tru Blu Beverages 12. Suntory Holdings Ltd. 13. Keurig Dr Pepper Inc. 14. Britvic Soft Drinks Limited 15. Postobón S.A.

♦ Quote

"The global carbonated soft drinks market is evolving rapidly with a clear shift towards health-conscious products and innovative flavors. North America continues to lead in market size, shaped by major established brands and advanced retail infrastructure, while Asia Pacific drives growth momentum with expanding consumer bases and changing lifestyles," said a senior analyst at MarketResearch.com.

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