Global Carbonated Beverages Market Size To Exceed USD 1068.2 Million By 2033 | CAGR of 6.37%
Category: Food & BeveragesGlobal Carbonated Beverages Market Size To Exceed USD 1068.2 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Carbonated Beverages Market Size is Expected to Grow from USD 576.3 Million in 2023 to USD 1068.2 Million by 2033, at a CAGR of 6.37% during the forecast period 2023-2033.
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Browse key industry insights spread across 220 pages with 115 Market data tables and figures & charts from the report on the "Global Carbonated Beverages Market Size, Share, and COVID-19 Impact Analysis, By Product (Carbonated Soft Drinks, Carbonated Water, Carbonated Sports & Energy Drinks, Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Food Service Outlets, Transport Terminals, Online Stores & D2C), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/carbonated-beverages-market
The carbonated drinks industry is the industry that manufactures, distributes, and retails beverages that are carbonated, i.e., have dissolved carbon dioxide gas, which produces bubbles or effervescence. Additionally, people like ready-to-drink products for instant, on-the-go consumption. Packaged carbonated beverages provide convenience, driving market growth as lifestyles become increasingly busy. Health-oriented trends promote the expansion of low-calorie, sugar-free, or functional carbonated drinks, like sparkling water and probiotic beverages. These drinks attract consumers with wellness and health-oriented preferences. In addition, Widespread availability via retail outlets, vending machines, and internet platforms expands consumer access to carbonated drinks. Enhanced distribution channels guarantee products are delivered to various markets, contributing to market growth in regions. However, low-calorie, sugar-free, and functional beverages like sparkling water, kombucha, or plant-based drinks are increasingly becoming popular among consumers. This health-oriented trend away from sugary soda is constraining the market growth of conventional carbonated beverages, forcing companies to innovate or diversify into healthier options.
The carbonated soft drinks segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product, the carbonated beverages market is divided into carbonated soft drinks, carbonated water, carbonated sports & energy drinks, and others. Among these, the carbonated soft drinks segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to carbonated soft drinks are typically cheaper and more readily available than specialty categories such as carbonated sports drinks or energy drinks. Soft drinks are typically favored because they are refreshing, have a range of flavors, and are familiar. They are also traditionally linked with social occasions, meals, and celebrations, which reinforces them in the beverage industry.
The hypermarkets & Supermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the carbonated beverages market is divided into hypermarkets & supermarkets, convenience stores, food service outlets, transport terminals, online stores & d2c. Among these, the hypermarkets & Supermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segmental growth is due to hypermarkets and supermarkets being among the most frequent shopping destinations for consumers, providing a huge range of carbonated drinks under one roof. Their extensive presence and accessibility render them the preferred option for bulk purchases and regular consumption.
North America is expected to hold the majority share of the global carbonated beverages market during the forecast period.
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North America is expected to hold the majority share of the global carbonated beverages market during the forecast period. This market area has seen consistent history of heavy consumption of carbonated beverages, especially soft drinks. High brands such as Dr. Pepper, Pepsi, and Coca-Cola rule the markets due to considerable brand name knowledge, set-up customer loyalty, and huge marketing systems. Apart from this, the North American population has extensive desires for indulgence and convenience, resulting in a consistent preference for carbonated soft drinks.
Asia Pacific is anticipated to grow at the fastest pace in the global carbonated beverages market during the forecast period. Increased urbanization and a growing middle class. With growing disposable incomes, consumers are gravitating toward convenience foods and beverages, such as carbonated soft drinks. Younger generations in nations such as China and India are increasingly embracing Western diets and lifestyle preferences, fueling demand for energy drinks and sodas.
Major vendors in the global carbonated beverages market are 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, Refresco Group., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2025, PepsiCo has revealed the acquisition of Poppi, a prebiotic soda brand. This strategic acquisition positions PepsiCo to grow in the health-conscious drinks category, aligning with increased consumer interest in functional beverages for supporting gut health.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the carbonated beverages market based on the below-mentioned segments:
Global Carbonated Beverages Market, By Product
- Carbonated Soft Drinks
- Carbonated Water
- Carbonated Sports & Energy Drinks
- Others
Global Carbonated Beverages Market, By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Food Service Outlets
- Transport Terminals
- Online Stores & D2C
Global Carbonated Beverages Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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