Carbonated Soft Drinks Market Size Worth USD 605.6 Billion By 2025


Posted August 13, 2020 by sitakant

The global carbonated soft drinks market is projected to reach USD 605.6 Billion by 2025, according to a new report by Grand View Research, Inc.

 
The global carbonated soft drinks market is projected to reach USD 605.6 Billion by 2025, according to a new report by Grand View Research, Inc. The technological advancements in the production process of beverages and increasing retail sales are likely to be the major driving factors over the forecast period.
The key distribution channels supermarkets and general merchandisers, food service and drinking places, gas stations and convenience stores, vending machine operations, and others. Others segment include smaller outlets such as private clubs, drugstore, and community centers.
For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/carbonated-soft-drinks-market
Stringent government regulations regarding sugar level in the drink coupled with rising health concerns are anticipated to be the main restraining factors over the coming years. Various studies and researches have proved the relation between consumption of sugary drinks with several health problems such as diabetes, obesity, and tooth decay.
The acquisition, partnership, and expansion are the key strategies being adopted by the players in order to strengthen their position. Market players have been focusing to develop new products on account of the rising number of health-conscious consumers. Companies are involved in mergers & acquisitions in order to increase their global presence and product portfolio.
Further key findings from the report suggest:
• Supermarkets and general merchandisers segment is anticipated to grow at the fastest CAGR of 5.5% in terms of revenue from 2017 to 2025, owing to availability of maximum products under one roof
• Foodservice & drinking places segment is likely to grow at second-fastest CAGR over the forecast period. The increasing number of fast-food outlets, takeout outlets, full-service restaurants, and bars are inducing manufacturers to put up their products in such places for distribution.
• Gas stations & convenience stores are estimated to grow at a CAGR of 5.8% in terms of revenue from 2017 to 2025 in North America region due to a large number of stores attached to a gas station in the region.
• Europe is anticipated to witness a CAGR of 5.1% in terms of revenue over the forecast period due to stringent government regulations for the food & beverage industry and changing consumer preferences.
• In November 2016, PepsiCo acquired the Kevita company, which manufactures fermented probiotic and kombucha beverages to expand its portfolio in health and wellness products.
To request research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/carbonated-soft-drinks-market/request/rs1
Grand View Research has segmented the global carbonated soft drinks market on the basis of the distribution channel and region:
Carbonated Soft Drinks Distribution Channel Outlook (Revenue, USD Billion; Volume Billion Liter, 2014 - 2025)
• Supermarkets and general merchandisers
• Food Service and Drinking Places
• Gas Stations and Convenience Stores
• Vending Machine Operations
• Others
Carbonated Soft Drinks Regional Outlook (Revenue, USD Billion; Volume Billion Liter, 2014 - 2025)
• North America
o The U.S.
• Europe
o Germany
o The U.K.
• Asia Pacific
o China
o India
o Japan
• Central & South America
• Middle East & Africa
For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/5038/ibb
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Issued By sitakant
Country United States
Categories Business , Industry , Manufacturing
Tags carbonated soft drinks market size
Last Updated August 13, 2020