Carbonated Beverages Market Overview
Introduction
Carbonated Beverages Market was valued at US$ 474.8 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 723.4 Billion by 2034.
Drinks infused with carbon dioxide to create fizz is called as Carbonated Beverages which are made with carbonated water or soda water. Carbonated wine, soft drinks, seltzer water (sparkling water) are some examples of carbonated beverages.
Growing popularity of soda drinks among adults and youngsters has provided lucrative opportunities in target market growth. New launched product and growing strategic partnerships of companies to expand their business in market with innovative products is expected to fruitful the demand for Carbonated Beverages market growth in coming years.
Carbonated Beverages Market Dynamics
Growing Consumption of Carbonated Beverages to Fuel Market Growth
Growing consumption of carbonated beverages has become a leading factor in target market growth. Rising popularity of soda drinks among adults and youngsters due to its pleasant tingling feeling, acidic bite, various flavors and cooling effect has given rise in consumption of carbonated beverages. New advanced technology with high-speed and innovative packaging lines of product with social advertising has provided lucrative opportunities in Carbonated Beverages market growth.
For instance, in 2017, according to PMC (PubMed Central), the study showed a high frequency of consumption of carbonated soft drinks among individual aged 12 to 15 years in 53 LMICs were examined and around 54.3% of young adults from low and middle income countries (LMICs) have consumed carbonated soft drinks once per day during preceding 30 days and with significant differences across various regions and countries.
Restrains:
However, high consumption of sugary carbonated drinks are linked to health-related disease such as weight gain, obesity, fatty liver disease, type 2 diabetes and increased risk of cancer and heart diseases which has restrain the Carbonated Beverages Market growth. Further, some side effects such as dehydration, tooth decay has hampered the growth of Carbonated Beverages Market over the forecast period.
Carbonated Beverages Market Segmentation
Carbonated Beverages Market is segmented based on Product, Flavor, Distribution Channel and Region.
Product Insight
On the basis of Product, Carbonated Beverages Market is segmented into Sports & Energy Drinks, Soft Drinks and Others. Soft Drinks product segment is expected to dominate the target market growth due to growing demand from consumer as a side drink in different fast food joints and growing popularity of soft drinks among youngsters has boost the segment growth.
Flavor Insights
On the basis of Flavor, Carbonated Beverages Market is segmented into Fruit-Based, Cola and Others. Cola-based flavor segment is expected to dominate the target market growth due to its first type of flavor in market. Further, the presence of major players to develop new innovative cola-based drinks with zero-calories content and soda has boost the segment growth.
Distribution Channel Insights
On the basis of Distribution Channel, Carbonated Beverages Market is segmented into Online Stores, Convenient Stores, Specialty Stores, Hypermarkets/Supermarkets, and Others. Hypermarkets/Supermarkets is expected to dominate the target market growth due to shopping experience and availability of all types of product under one roof. Rising disposable income and rapid growth in urbanization has boost the segment growth.
Regional Insights:
On region the Carbonated Beverages Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period owing to high disposable income, strong popularity of carbonated beverages among youngsters, presence of major players and new product launch with technological innovation in packaging lines of product is anticipated to increase demand for Carbonated Beverages in the region.
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
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Market Segmentation |
By Product - Sports & Energy Drinks, Soft Drinks and Others By Flavor - Fruit-Based, Cola and Others By Distribution Channel - Online Stores, Convenient Stores, Specialty Stores, Hypermarkets/Supermarkets, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Carbonated Beverages Market report based on Product, Flavor, Distribution Channel and Region:
Carbonated Beverages Market, By Product:
- Sports & Energy Drinks
- Soft Drinks
- Others
Carbonated Beverages Market, By Flavor:
- Fruit-Based
- Cola
- Others
Carbonated Beverages Market, By Distribution Channel:
- Online Stores
- Convenient Stores
- Specialty Stores
- Hypermarkets/Supermarkets
- Others
Carbonated Beverages Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Carbonated Beverages Market Key Players
The key players operating the Carbonated Beverages Market includes, Coca-Cola, PepsiCo Inc., Sprite, Nestle, 7UP, Fanta, Jones Soda, Schweppes, Big Red, Mountain Dew and others.
Carbonated Beverages Market Company Profile
- Coca-Cola*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PepsiCo Inc.
- Sprite
- Nestle
- 7UP
- Fanta
- Jones Soda
- Schweppes
- Big Red
- Mountain Dew
“*” marked represents similar segmentation in other categories in the respective section
Recent Development:
- In May 2023, Bisleri International expanded its portfolio of Carbonated Beverages across India due to rising temperature. The launch of refreshing carbonated soft drinks would appeal to the modern and young customer’s taste-buds. The company initiated sampling of ‘Bisleri Rev’ and ‘Bisleri’ Pop as a hydration partner at home-ground IPL matches.
- In May 2023, PepsiCo launched new first beverage ‘Bubly’ in Australia. The new launched product contains no sugar sparkling water and featured with wide variety of flavors such as lime, pineapple, passionfruit, blackberry and raspberry with no added artificial sweeteners and sugar.
- In April 2022, Coca-Cola launched new beverage Zero Sugar Byte with ‘the flavor of pixels’. The new launched Coca-Cola Zero Sugar Byte is featured with bright and upfront taste which will provide an amazing nod to gamers.
Carbonated Beverages Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Flavor
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Carbonated Beverages Market, By Product
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Sports & Energy Drinks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Soft Drinks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Carbonated Beverages Market, By Flavor, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Fruit-Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Cola
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Carbonated Beverages Market, By Distribution Channel, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Online Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Convenient Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Specialty Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Hypermarkets/Supermarkets
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Carbonated Beverages Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Flavor, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Flavor, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Flavor, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
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- Latin America
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Flavor, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Latin America
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-
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Flavor, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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- GCC
- Israel
- South Africa
- Rest of Middle East
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Coca-Cola
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PepsiCo Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sprite
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nestle
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 7UP
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fanta
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jones Soda
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Schweppes
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Big Red
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mountain Dew
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Carbonated Beverages Market is segmented into Product, Flavor, Distribution Channel and Region.
Carbonated Beverages Market is driven by factors like growing consumption of carbonated beverages.
By region, the Carbonated Beverages Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the Carbonated Beverages Market includes, Coca-Cola, PepsiCo Inc., Sprite, Nestle, 7UP, Fanta, Jones Soda, Schweppes, Big Red, Mountain Dew and others.
Carbonated Beverages Market is accounted at US$ 474.8 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 723.4 Billion by 2034.