Global Carbonated Beverages Market By Type ( Sugar Dissolvers, Carbonation Equipment, Others ), By Application ( Food & Beverages Industries, Others ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

The carbonated beverages market was valued at USD 3.97 Billion in 2023. It is projected to grow at a CAGR of 3.6% over the forecast period 2023-2033. Carbonated beverages are drinks that contain carbon dioxide, which has been compressed to make fizz or effervescence. These drinks are made from soda water or carbonated water as the base. Carbonated beverages contain sweeteners, flavors, water, and other ingredients. The combination of water and carbon dioxide creates carbonic acid. It causes a tingling sensation upon consumption. There are many types of carbonated beverages on the market: tea, coffee, juices, and smoothies.

Growing Demand:

Global growth in carbonated beverages will be driven by the increasing investments made by top companies to create innovative products. Companies are creating new flavors to address the growing concerns of consumers about their health and well-being. The product’s sales will be increased if natural ingredients like stevia sweeteners are used instead of synthetic ones. The market is also being helped by technological advancements and new packaging systems. The market will be further influenced by the growing penetration of e-commerce and increasing consumer preference for online shopping.

Carbonated Beverages Market Scope:

By Type, the market is segmented into Equipment, Sugar Dissolvers, Carbonation Equipment, Blenders & Mixers, Heat Exchangers, Beverages, Flavored Drinks, Functional Drinks, and Club Soda. By Application, the market is divided into Food & Beverages Industries, and Others.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. Major players profiled in the report include Coca-Cola, Pepsi, Cadbury Schweppes, Parle Agro, Postobon, and Cott.

Key Market Segments

Type

by Equipment

Sugar Dissolvers

Carbonation Equipment

Blenders & Mixers

Heat Exchangers

by Beverage

Flavored Drinks

Functional Drinks

Club Soda

Application

Food & Beverages Industries

Others

Key Market Players included in the report:

Coca-Cola

Pepsi

Cadbury Schweppes

Parle Agro

Postobon

Cott

Drivers:

The popularity of carbonated soft drinks is increasing

A significant driver of the growth in the global carbonated beverage market is the growing popularity of the carbonated soft drink, especially among young people.

Children’s swallowing abilities are improved

Both children and adults can swallow carbonated beverages better than water. It stays longer in the body than water and gives you the feeling of fullness.

Restraints:

Carbonated beverages can also have high levels of sugar, which can cause obesity and diabetes. This could limit the growth of the global carbonated beverage industry. However, market leaders could make significant profits by creating a new line of low-sugar carbonated beverages.

This report on the carbonated beverages market provides information about recent developments, import-export analysis, and production analysis. It also analyzes market share and the impact of local market players. For more information on the market for carbonated beverages, contact Data Bridge Market Research to receive an Analyst Brief. Our team will assist you in making informed market decisions and achieving market growth.

Key Market Trends:

Growing demand for low/zero-calorie carbonated drinks

Consumers have enjoyed carbonated beverages for decades. There has been a growing demand for low-calorie carbonated beverages. Low-calorie drinks have seen a rise in popularity due to the growing market for functional beverages and the increasing awareness of health among consumers. The market has seen a rapid increase in sales of low- or zero-calorie beverages, including those sold at Walmart and convenience stores.

To attract more customers, major players in the beverage industry are always innovating. Pepsico, for example, announced in October 2022 that it would relaunch the Pepsi-Cola Soda Shop and introduce a limited edition flavor called Zero-Sugar Cream Soda Cola. As consumers look for low-calorie products, there is increasing consumer demand for products with lower sugar content.

Certain countries have adopted fiscal policies to decrease sugary drinks. This includes raising taxes. If the tax revenue is used to support health, promote healthier eating habits, and encourage more physical activity, public support could increase for tax increases.

Recent Developments:

Pepsico introduced a zero-sugar Pepsi 18-week pack in September 2022. The launch of the product occurred during football season.

Coca-Cola released the first Coca-Cola beverage in the metaverse in April 2022. It was “Coca-Cola Zero Sugar Byte.” The gaming-inspired product claims to bring the taste of pixels to life.

PepsiCo Inc.’s latest innovation, Soulboost was launched in May 2021. It is a sparkling water beverage that contains natural juices and other functional ingredients.