Global Soft Drink Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Soft Drink market size was valued at US$ 124780 million in 2023. With growing demand in downstream market, the Soft Drink is forecast to a readjusted size of US$ 155720 million by 2030 with a CAGR of 3.2% during review period.
The research report highlights the growth potential of the global Soft Drink market. Soft Drink are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Soft Drink. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Soft Drink market.
Soft drink, any of a class of nonalcoholic beverages, usually but not necessarily carbonated, normally containing a natural or artificial sweetening agent, edible acids, natural or artificial flavors, and sometimes juice. Natural flavors are derived from fruits, nuts, berries, roots, herbs, and other plant sources.
Soft drinks are called "soft" in contrast to "hard drinks" (alcoholic beverages). Small amounts of alcohol may be present in a soft drink, but the alcohol content must be less than 0.5% of the total volume if the drink is to be considered non-alcoholic.
Asia-Pacific is the largest Soft Drinks market with about 33% market share. Latin America is follower, accounting for about 19% market share.
The key players are Coca-Cola, PepsiCo, Nestle, Suntory, Danone, Dr Pepper Snapple, Red Bull, Asahi Soft Drinks, Kirin, Otsuka Holdings, Unilever Group, Arizona Beverage, B Natural, POM Wonderful, Highland Spring, Ito En, Britvic, Innocent Drinks, A.G. Barr, Rasna, Parle Agro, Bisleri International, Bottlegreen Drinks, Epicurex, F&N Foods, Ting Hsin International Group, Hangzhou Wahaha Group, Nongfu Spring, Uni-President Enterprises, Jiaduobao Group etc. Top 3 companies occupied about 35% market share.
Key Features:
The report on Soft Drink market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Soft Drink market. It may include historical data, market segmentation by Type (e.g., Carbonated Soft Drinks, Juices), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Soft Drink market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Soft Drink market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Soft Drink industry. This include advancements in Soft Drink technology, Soft Drink new entrants, Soft Drink new investment, and other innovations that are shaping the future of Soft Drink.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Soft Drink market. It includes factors influencing customer ' purchasing decisions, preferences for Soft Drink product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Soft Drink market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Soft Drink market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Soft Drink market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Soft Drink industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Soft Drink market.
Market Segmentation:
Soft Drink market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Carbonated Soft Drinks
Juices
RTD Tea and Coffee
Others
Segmentation by application
Online Sales
Offline Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Keko Marketing (M) Sdn. Bhd
Coca-Cola
PepsiCo
Red Bull
Dr Pepper Snapple
Nestle Waters
Danone
Tingyi
Arizona Beverages
B Natural
Bai
Bisleri
Britvic
Dabur
Kraft
MD Drinks
Monster Beverage
Key Questions Addressed in this Report
What is the 10-year outlook for the global Soft Drink market?
What factors are driving Soft Drink market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Soft Drink market opportunities vary by end market size?
How does Soft Drink break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.