Carbonated soft drinks market size is expected to value at USD 605.6 billion by 2025, during the forecast period. The carbonated soft drinks industry is subject to witness a substantial growth due to the growing adoption of modern methodologies during manufacturing process and rising retail sales. The major distribution stations of carbonated soft drinks involve local supermarkets and general stores, food service providers and restaurants, pharmacies, vending machine operators, and etc.
Other
small-scale distributors of the carbonated soft drinks are coffee shops,
private clubs, drinking places and few community centers. The changing food
habits and lack of awareness about health are some of the factors responsible
factors for the growth of the market in the recent years.
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The
growing retail sales of the carbonated soft drinks is purely based on the
numerous product development in regards to the range of variety available in
the market and preference of the consumers. The influence of the large-scale
food providers such as Walmart for distribution of the product across the globe
paves a way for the extended reach of the market. Globally, the carbonated soft
drinks market is predicted to grow at high CAGR during the forecast period,
providing numerous opportunity for market players to invest for research and
development for further addition in variety of the product, thus attributing to
the growth of carbonated soft drinks industry.
Numerous
technological advancement in the manufacturing processes has led to the
transformation in the carbonated soft drink industry. The adoption of robotics
and automation is allowing increased manufacturing production in the short
duration of the time and reduction in the cost, such factors are fueling to the
market growth. Though, strict laws and regulation against the rising content of
sugar in the carbonated drinks and growing health concerns are restraining
market growth.
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The
regular consummation in high quantity of carbonated drinks give rise to the
various health related issues like diabetes, overweighs, and dental problems.
Furthermore, aggressive business strategies adopted by leading industry players
in the form of advertisement print as well as digital media are some of
the critical factor responsible for the expansion the carbonated soft drinks
market over the forecast period.
A
carbonated soft drink commonly consists of carbonated water, a sweetener, an
organic additives and synthetic flavoring substance. The sweetener majorly
consists of mixture of different ingredients such as high quantity of sugar,
high fructose such as corn syrup, fruit extracts, and in some case artificial
flavored sugar substitutes also referred as diet drinks. Carbonated soft drinks
might contain traces of caffeine, coloring additives, preservers, and other
kinds of substances. Some of the fruit drinks, ice teas, and few of the
non-alcoholic drinks also comes within the category of the soft drinks.
A
carbonated drink contains carbon dioxide gas that causes bubbles and fizzes in
the soft drinks. Procedure implemented to dissolve the carbon dioxide is
commonly referred as carbonation. Both artificial and natural implication of
the carbonation process are found, for instance, mineral water naturally
absorbs carbon dioxide to produce carbonated mineral water.
The
artificial production of carbonation involves injecting carbon dioxide into the
mixture of sugar and water at a very high pressure, subsequently tightly
closing the container. Similarly, at low pressure carbon dioxide vaporizes from
carbonated drinks, so packaging and labeling are considered as critical
concerns for carbonated soft drinks manufacturers.
The
carbonated soft drinks industry is divided into regional market segment such as
North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the lack of awareness among
buyers and presence of leading industry players. European region is predicted
to hold major market share in the carbonated soft drinks market with massive
growth in forecast period.
Countries
such as Germany, France, and UK are leading the European market with early
introduction of soda-based drinks and the changing food preferences. The key
players in the carbonated soft drinks industry are Pepsi Co, The Coca-Cola
Company Inc., AJE Groups, Tetra Park Ltd., and Dr. Pepper Snapple Inc.
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