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A surge in recreational activities is likely to stimulate innovation in carbonated soft drink manufacturing, propelling the market during the forecast period.

The global carbonated soft drinks market is expected to grow from $127.28 billion in 2022 to $132.49 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The global carbonated soft drinks market size is expected to reach $150.63 billion in 2027 at a CAGR of 3.3%.

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Global Carbonated Soft Drinks Market Segments Include:

• By Product: Soft drinks, Carbonated Water, Sports and Energy drinks, Other Products
• By Flavor: Cola, Citrus, Other Flavors
• By Packaging: Bottles, Cans
• By Distribution Channel: Hypermarkets, Supermarkets And Mass Merchandisers, Convenience Stores And Gas Stations, Food Service Outlets, Online Stores And D2C, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global carbonated soft drinks market in 2021.

Major Market Players in the carbonated soft drinks market include PepsiCo Inc., Keurig Dr Pepper Inc., Monster Energy Company, National Beverage Corporation, Jones Soda Co., Refresco Group B.V., Suntory Beverage & Food Limited, Postobon S.A.

Product innovations are a prevalent trend in the carbonated soft drinks market. Major corporations in the carbonated soft drink sector are focusing on finding innovative solutions to increase their market position. For example, Sprecher Brewing Company, a US-based maker of hand-crafted beers and sodas, will launch the first all-natural, zero-sugar craft sodas in September 2020. Sprecher’s handcrafted natural ingredient tradition is preserved in the zero-sugar sodas, which utilise a proprietary monk fruit, stevia, and erythritol sweetener blend. Sprecher is the only craft beverage company that offers this tiny can option, making Sprecher sodas even more convenient to consume on-the-go.

The Carbonated Soft Drinks Global Market Report 2023  provides a carbonated soft drinks market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The carbonated soft drinks market forecast analyzes carbonated soft drinks market size, carbonated soft drinks market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Carbonated soft drinks are beverages that contain tiny carbon dioxide bubbles. It is a non-alcoholic beverage made with carbonated water and flavouring, and it is sweetened with sugar or a non-nutritive sweetener.

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