The Carbonated Soft Drinks Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Carbonated Soft Drinks Market is estimated to be USD 379.6 billion in 2018 and predicted to rise to USD 435.8 billion by 2023 with a CAGR of 2.8%. The market is segmented by type( standard, diet, fruit flavored carbonates and others) ,by flavor ( cola, lime, orange and others) ,by distribution channel ( supermarkets, independent retailers, convenience stores and others) . Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
With rising urbanization, there has been a change in the food habits of the younger generation which is a major factor for the growth of the market. The demand for carbonated soft drink has accelerated with the rising demand for processed food. Increased government scrutiny acts as a market obstacle in the forecast period. Due to the high sugar content, consumers are becoming conscious of consuming the carbonated soft drinks.
The market for Carbonated Soft Drinks is broadly categorized into type, flavor and distribution channel. By type the market is segmented into standard, diet, fruit flavored carbonates and others. Diet products are increasingly gaining market share. By flavor the market is divided into cola, lime, orange and others. Cola is currently dominating the market share. By distribution channel the market is classified into supermarkets, independent retailers, convenience stores and others. Supermarkets account for the largest market share.
On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Carbonated Soft Drinks market was dominated by Europe. Due to increasing obesity issues in North America, the consumption has started to fall. Asia Pacific is expected to grow at a high CAGR.
The key international players operating in market includes Monster Beverage Corp., Britvic PLC, Parle Agro, PepsiCo Inc., the Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr Pepper Snapple Group, Inc. and others.
Browse through the full report at “https://www.marketdataforecast.com/market-reports/carbonated-soft-drinks-market-6307/” and checkout our recent reports in the Processed food category at “https://www.marketdataforecast.com/subcategory/processed-food-15/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.