Latin America Carbonated Soft Drinks Market was worth USD 37.97 billion in 2021 and is estimated to be growing at a CAGR of 2.91%, to reach USD 43.83 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, colouring 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 drinks 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 carbonated soft drinks.
The market for Carbonated Soft Drinks is broadly categorized into
type
flavour
distribution channel
By type
standard
diet
fruit flavoured carbonates
By flavour
cola
lime
orange
By distribution channel
supermarkets
independent retailers
convenience stores
Argentina
Brazil
Mexico
rest of Latin America
Keyplayers
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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