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
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.
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.
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.
Monster Beverage Corp.
Britvic PLC
Parle Agro, PepsiCo Inc.
Coca-Cola Company
Cott Corporation
Dohler Group
Kraft Foods
Dr Pepper Snapple Group, Inc
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