Global
Carbonated Beverages Market: Overview
In
the recent times, the global carbonated beverages market has
undergone a number of changes and the scenario is projected to remain
same over the next few years. The increasing base of the young
population, specifically in developing economies, together with the
rise in the purchasing power of consumers is anticipated to boost
this market significantly in the years to come. Apart from this, the
growing demand for processed food and beverages in BRICS countries is
also expected to benefit this market in the near future.
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The
prime objective of this research study is to provide a clear picture
and a better understanding of the worldwide market for carbonated
beverages on the basis of its historical and present performance. The
key driving forces, obstructions, prominent trends, opportunities,
challenges, and future prospects of this market have also been
studied thoroughly in this market report.
Global
Carbonated Beverages Market: Trends and Opportunities
The
growing concerns over consumer health are the main factor that
influences the business strategies of the leading manufacturers of
carbonated beverages across the world. Of late, these manufacturers
are focusing towards offering low-calorie, low-sugar, or diet
varieties of beverages. Along with this, they are also concentrating
on the revamping of their product lines in order to include natural
additive-based products in their portfolios.
Currently,
orange, lemon, and cola are the most preferred flavors among
consumers. However, recent trends indicate a shift in their
preferences toward novel and innovative flavors. This, as a result,
has led to the advent of new product lines based on tropical fruits,
superfruits, and fusion of flavors to increase the novelty value of
the beverages.
Global
Carbonated Beverages Market: Geographical Analysis
Geographically,
the global
carbonated beverages market is classified into Asia Pacific,
North America, Europe, and the Rest of the World, including Latin
America and the Middle East and Africa. Europe and North America have
been holding the top positions among all, thanks to the rising demand
for processed food and beverages in these markets. However, on
account of maturation, the opportunity of these regional markets to
grow further has been seized.
On
the other hand, Asia Pacific is likely to witness a dramatic rise in
its market valuation over the period of the forecast. The presence of
less stringent rules and regulations and the rise in the disposable
income of consumers in emerging nations, such as India, China, South
Korea, and Japan, is projected to benefit the Asia Pacific market for
carbonated beverages in the long run.
Companies
Mentioned in the Research Report
The global market for carbonated beverages is highly fragmented in nature, thanks to the presence of a large pool of companies. At the forefront of this market are PepsiCo, Coca Cola, Dr Pepper Snapple, and Cott. Sinar Sosro, Parle Agro, Asia Brewery, Asahi Soft Drinks, Ito En, Britvic Soft Drinks, Kirin Beverage, Bickford's Australia, Lotte Chilsung Beverage, Frucor Beverages, F&N Foods, Suntory Beverage & Food, Tru Blu Beverages, and National Beverage are some of the other prominent carbonated beverages manufacturers across the world.
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