Market Research Report
Global Carbonated Beverage Market 2020-2026
|Global Carbonated Beverage Market 2020-2026|
Published: June 8, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Carbonated Beverage Market Size, Share & Trends Analysis Report, by Type (Standard, Diet, Fruit Flavored Carbonates, Others), By Packaging (Canned, Glass Bottle, PET Bottle, and Others), By Flavor (Cola, Orange, Lemonade/Lemon, Other) and Forecast, 2020-2026
The carbonated beverage market is expected to grow at a CAGR of around 4.0% during the forecast period. Increasing unit volume sales, due to increasing customer base and rising disposable income, availability of various products range are some of the major factors for the growth of the carbonated beverage market. In addition, constant innovation with the flavor and packaging is also the chief factor for driving the market.
However, increasing shifting toward non-carbonated drinks due to health-related issues is one of the key restraining factors for the growth of the carbonated beverage industry. Moreover, environmental pollution due to waste bottles of carbonated beverages is one of the major challenges in front of beverage companies and governments all across the globe.
The carbonated beverage market is divided based on type, packaging, and flavor. By type, the market is further divided into standard, diet, fruit-flavored carbonates, and others. On the basis of packaging, the market is further divided into canned, glass bottles, PET bottles, and others. PET bottles are will have a major market share during the forecast period. By flavor, the market is segmented into cola, orange, lemonade/lemon, and others. Cola flavor holds a substantial market share all across the globe. By geography, the global carbonated beverage market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). During the forecast period, North America is excepted to hold the largest market share whereas a lucrative growth rate in Asia-Pacific will be witnessed during the forecast period.
The carbonated drinks market is a consolidated market and the two major companies the Coca-Cola Co., and PepsiCo, Inc. holds a large portion of the global market. Some of the other major companies include Asahi Group Holdings, Ltd., Keurig Dr. Pepper Inc., Parle Agro Pvt. Ltd., and the Hangzhou Wahaha Group Co., Ltd. These market players are adopting various growth strategies including mergers and acquisitions, product launches, expansions, partnerships & collaborations to gain a competitive edge in the market.
The market study of the global carbonated beverage market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to breakdown the market in various segments to derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate which include top-to-down approach and bottom-up approach. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to amplify the added validity of our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: