Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 395 million | USD 495 million | 4% | 2022 |
FrequentlyAsked Questions
Carbonated beverages make up a large proportion of the soft drinks business across the globe. Moreover, the carbonated beverages include energy drinks and soft drinks.
The global carbonated beverages market growth over forecast period can be owing to fruit flavour composition of these beverages which has enhanced their demand among the consumers.
According to a study, the global carbonated beverages industry size was $395 billion in 2022 and is projected to reach $495 billion by the end of 2030.
The global carbonated beverages market is anticipated to record a CAGR of nearly 4% from 2023 to 2030.
The Middle East and African carbonated beverages industry is set to register the fastest CAGR over the forecasting timeline owing to a rise in the consumption and demand for carbonated beverages in countries such as Kenya and Nigeria. Additionally, swift urbanization in the region and the presence of vendors, local manufacturers, and suppliers along with the availability of strong supply chain facilities in the region will steer the expansion of the industry in the region.
The global carbonated beverages market is led by players such as National Beverage Corp., ANADOLU GRUBU A.Åž., SUNTORY BEVERAGE & FOOD LIMITED, SODASTREAM INTERNATIONAL LTD, Danone S.A., PepsiCo, The Coca-Cola Company, Keurig Dr Pepper Inc., JONES SODA CO., Monster Energy Company, and Refresco Group.
The global carbonated beverages market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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