According to the latest report by GMI Research, Soft Drink Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The Global Soft Drink Market analyzes the impact of the COVID-19 pandemic and represents that the market is expected to bounce back in 2021 over 2020 and estimated to grow at a higher growth rate from 2022 onwards. Soft drink refers to the drink containing carbonated water, sweetener, and natural or artificial flavoring. These drinks are alcohol-free and on average contain 150 calories per 12 ounces. Soft drinks come in numerous flavors such as cola, ginger ale, ginger beer, root beer, and fruit-flavored.

Competitive Landscape: The Global Soft Drink Market report also scans the competitive landscape and profiles the major players operating in the market, including PepsiCo, Nestle Waters, Red Bull, Parle Agro Limited, DydoDrinco, Danone, San Benedetto, Dr. Pepper Snapple Group Inc., Attitude Drinks Inc., and The Coca-Cola Company.

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The global soft drink market share is anticipated to the growth at a significant growth rate over the coming years. The increasing health awareness among consumers and the fundamental change in the lifestyle of people are the key factors boosting the demand of the global soft drink market. Additionally, one of the emerging soft drinks market trend is the increasing demand for drinks or beverages made from natural ingredients to maintain a healthy diet pattern. The leading players in the soft drink market are focussing on the development of new products to gain a competitive advantage over the other players.

The strong demand from bottled water and the rising health awareness among the consumers are other factors propelling the growth of the soft drink market in the North American region. The United States of America is the key country in this region, having the largest market share. The rapidly increasing GDP growth rates coupled with increasing disposable income and increasing health concerns of people, especially in the emerging economies such as China and India, are accelerating the growth of the Global Soft Drink Market in the Asia-Pacific region. The Coronavirus crisis will have an adverse impact on the soft drink market, especially in the 2020, and is then expected to bounce back in 2021. The strong demand for bottled water, new health and wellness priorities and sharp recession will reshape the global soft drink market outlook over the forecast period.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-soft-drink-market-by-product/

Market Segments:

Breakup by Product:

Carbonated Soft Drinks
Bottled Water
Juices and Juice Concentrate
Ready to Drink Tea and Coffee
Functionals Drinks
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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