Europe Carbonated Soft Drinks Market

Europe Carbonated Soft Drinks Market  Size and Growth Analysis:

Europe Carbonated Soft Drinks Market was worth USD 132.9 billion in 2022 and is estimated to be growing at a CAGR of 2.73%, to reach USD 152.06 billion by 2027

Europe Carbonated Soft Drinks Market Overview:

Soft drink is a beverage which consists of carbonated water or still water, sweetening agents and flavouring substances. The sweeteners could be either natural or artificial. Depending on the type of drink it may contain caffeine, coloring agents, stabilizers, preservatives and other ingredients. Soft drink has a very high percentage of which leads to extra transportation charges and occupy excess places in warehouses.With rising urbanisation, 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.

Europe Carbonated Soft Drinks market segmentation:

The market for Carbonated Soft Drinks is broadly categorized into

• type

• flavour 

• distribution channel

By type the market is segmented into standard,

• diet

• fruit flavoured carbonates

By flavour the market is divided into

• cola

• lime

• orange

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.

Europe Carbonated Soft Drinks Market geographical Analysis

On the basis of geography, the market is analysed under various regions namely

• U.K 

• Italy

• Germany

• France 

• Spain

The Carbonated Soft Drinks market was dominated by Europe. The rising demand for processed food & beverages in the industry is expected to have a positive impact on the regional market.

Europe Carbonated Soft Drinks Market Key players:

1. Monster Beverage Corp.

2. Britvic PLC

3. Parle Agro, PepsiCo Inc.

4. Coca-Cola Company

5. Cott Corporation

6. Dohler Group

7. Kraft Foods

8. Dr Pepper Snapple Group, Inc