The Global Carbonated Beverages Market is projected to reach a value of over USD 604.1billion by 2027 at a CAGR of around 5.2%.
Carbonated beverage is an effervescent drink that releases carbon dioxide under conditions of normal atmospheric pressure. Carbonation may occur naturally in spring water which absorbs carbon dioxide at high pressures underground. It is also used as a byproduct of fermentation in products such as beer and some wines. Carbonated Beverages are drinks that usually contain carbonated water, sweeteners, and natural or artificial flavoring. These are refreshing beverage and are good alternative to sugary soft drink.
Market Driver:
Ready to drink (RTD) beverages are gaining popularity amongst consumers due to rising busy lifestyle. The growing demand for clean-label, low-crab products, and gluten free has led to the raised the demand for low-calorie RTD carbonated beverages market in the food industry. Moreover, overall functional growth coupled with increasing health conscious population has expected to fuel the demand for low calories RTD carbonated beverages. For instance, in 2017, Diageo launched a low-calorie Seltzer under its brand Smirnoff. The company also offers these low-calorie RTD beverages which have also had low carbohydrates, zero-sugar and artificial sweeteners
Market Restraint:
Carbonated beverages consumptions are linked with hypertension, diabetes, and kidney stone which may lead to the risk factors of chronic diseases. For instance, cola beverage contains phosphoric acid and is associated with urinary changes which may lead to the kidney stone. This has led to the government to impose stringent norms for carbonated beverages. Owing to the consumer health awareness and government intervention with stringent regulation has resulted many companies tofocus on product innovation using natural ingredients, like stevia sweeteners. Thus, increasing government scrutiny coupled with increasing health awareness has expected to hinder the growth of product market
The report on the carbonated beverages market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million), Volume (Kiloton) |
Segments Included |
Product Type, Distribution Channel, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Carbonated Beverages Market, by Type
Carbonated Beverages Market, by Distribution Channel
Carbonated Beverages Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE CARBONATED BEVERAGES MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY