Carbonated Soft Drink Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Feb 2021 | No. of Pages : 250 Pages | Category : Consumer Goods

The global Carbonated Soft Drink market size is expected to be worth around US$ 340.01 billion by 2030, according to a new report by Vision Research Reports.

The global Carbonated Soft Drink market size was valued at US$ 221.6 billion in 2020 and is anticipated to grow at a CAGR of 4.10% during forecast period 2021 to 2030.

Growth Factors

The demand for carbonated soft drinks is influenced by an increased disposable income, customer preferences, and a growing population. The industry has numerous prominent players who are similar in size and product offerings. Many of these leaders create new product lines and actively participate in advertising wars. As numerous competitors are equally balanced, competitor rivalry is intense.

Omni-channel marketing and retailing have proved to be highly beneficial for manufacturers as they help companies leverage new tools for product launches and drive sales. Direct-to-customer is one of the most popular strategies to enhance profit margins, wherein the manufacturers would have complete control over the quality of products as well as services.

Carbonated soft drinks are being innovated in terms of taste, appearance, texture, and ingredients depending upon the target age group. Soft drinks, specially designed for children and the elderly, are usually tailored to the appropriate needs of these consumer groups and an increasing number of players catering to these two segments can be seen mushrooming in the market.

Report Highlights

Cola flavor accounted for the largest share of more than 50.0% in 2020. Cola flavored carbonated Soft Drinks enjoy the dominance owing to the first mover’s advantage. In June 2020, HI-CHEW launched Soda Pop Mix in cola flavor. The soda has a refreshing flavor that perfectly caters to the demand for unique, innovative, and non-traditional soft drinks among consumers. In the U.S., the demand for flavor has been showing constant rapid growth. Candy lovers have been celebrating this effervescent experience that can only be matched by a thirst-quenching sip of soda. It honors the traditional soda presenting the refreshing, fizzy taste of the classic.

The citrus segment is expected to expand at the fastest CAGR of 4.9% from 2021 to 2030. Rapscallion Soda introduced S_01 Rhubarb in June 2020. The carbonated soft drink is fortified with citrus flavors. The low-calorie drink is sustainable and has a slightly sour taste that comes with a fizzy floral finish and is composed of grapefruit zest, cane sugar, Scottish rhubarb, and Sichuan pepper.

Hypermarkets, supermarkets & mass merchandisers accounted for the largest share of over 20.0% in 2020. Many consumers prefer buying soft drinks from supermarkets and general merchandisers due to the shopping experience offered by these stores. With the rising income levels and increasing urbanization, modern supermarkets and hypermarkets have emerged across the globe. The emergence of these supermarkets and hypermarkets has been revolutionizing the nature of the food and beverage supply.

The online stores and D2C segment is expected to register the fastest CAGR of 6.1% from 2021 to 2030. An increasing number of online retailers, who offer competitive pricing, are boosting the growth of this sales channel. The growth can also be attributed to the increasing familiarity/dependency of generation X, millennials, and generation Z with/on the Internet and e-commerce.

Central and South America accounted for the largest share of exceeding 25.0% in 2020. The strong popularity of carbonated soft drinks among the youth population in countries, including Brazil, Argentina, and Venezuela, is expected to drive the regional market in the near future.

The Middle East and Africa is expected to emerge as the fastest-growing regional market with a CAGR of 6.4% from 2021 to 2030. Growing disposable income, rapid urbanization, expansion of financial sectors, and new product launches in countries, such as Nigeria and Kenya, are expected to remain favorable factors for the industry growth.

Key Players

  • ANADOLU GRUBU A.Ş.

  • COCA-COLA FEMSA

  • Danone

  • JONES SODA CO.

  • Keurig Dr Pepper Inc.

  • Monster Energy Company

  • National Beverage Corp.

  • PepsiCo

  • Refresco Group

  • SODASTREAM INTERNATIONAL LTD.

  • SUNTORY BEVERAGE & FOOD LIMITED

  • The Coca-Cola Company

Market Segmentation

  • Flavor Outlook 

    • Cola

    • Citrus

    • Others

  • Distribution Channel Outlook

    • Hypermarkets, Supermarkets & Mass Merchandisers

    • Convenience Stores & Gas Stations

    • Food Service Outlets

    • Online Stores & D2C

    • Others

  • Regional Outlook 

    • North America

      • U.S.

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

      • U.A.E.

The Carbonated Soft Drink market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Carbonated Soft Drink market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Carbonated Soft Drink market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Carbonated Soft Drink market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Carbonated Soft Drink market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Carbonated Soft Drink capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Carbonated Soft Drink by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Carbonated Soft Drink market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Carbonated Soft Drink market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Carbonated Soft Drink market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Carbonated Soft Drink industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Carbonated Soft Drink market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Carbonated Soft Drink market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Carbonated Soft Drink market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Carbonated Soft Drink market. These factors have benefited the growth of the global market for Carbonated Soft Drink. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Carbonated Soft Drink. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Carbonated Soft Drink are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Carbonated Soft Drink Market, By Flavor

7.1. Carbonated Soft Drink Market, by Flavor Type, 2020-2030

7.1.1. Cola

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Citrus

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Others

7.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Carbonated Soft Drink Market, By Distribution Channel

8.1. Carbonated Soft Drink Market, by Distribution Channel, 2020-2030

8.1.1. Hypermarkets, Supermarkets & Mass Merchandisers

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Convenience Stores & Gas Stations

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Food Service Outlets

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Online Stores & D2C

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Carbonated Soft Drink Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Flavor (2017-2030)

9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 10. Company Profiles

10.1. ANADOLU GRUBU A.Ş.

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. COCA-COLA FEMSA

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Danone

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. JONES SODA CO.

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Keurig Dr Pepper Inc.

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Monster Energy Company

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. National Beverage Corp.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. PepsiCo

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Refresco Group

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. SODASTREAM INTERNATIONAL LTD.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms


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