Soft Drinks Market Research Report

 

The GMI Research forecasts that the soft drink market is witnessing an upsurge in demand during the forecast period starting from 2020 till 2027. This is mainly due to the increasing demand for bottled water and growing health awareness among consumers.

Introduction of the Soft Drinks Market:

Soft drink refers to a non-alcoholic beverage that contains sweetener, carbonated water, and artificial or natural flavoring elements. Soft drinks such as fruit juice, sugar, sugar substitutes, and high-fructose corn syrup. The natural flavors are derived from berries, fruits, nuts, herbs, roots, and other plant extracts. The rising trend in the soft drinks industry is reducing the calorie content present in the beverages with no caffeine. Soft drink enhances brain function, strong bone development, increases endurance power, boosts the immune system, improves digestive health, decreases stress, increases muscle development, and supports the overall metabolism of the body.

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Soft Drinks Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The global soft drink market is expected to witness strong growth in the market during the forecast period due to the rising demand for premium soft drinks or specialty drinks as these are prepared at low calorie with reduced amount of sugar content and consist of natural sweeteners. The increasing demand for bottled water and growing health awareness among the consumers is surging the growth of the soft drinks market share in terms of revenue. Currently, the consumers are significantly shifting their preference towards drink beverages that contain natural ingredients and have zero or low calories.

The increasing GDP growth rates, followed by the growing disposable income and the rising health concerns of people of the developing countries, particularly in China and India, are propelling the growth of the soft drink industry. The recent outbreak of the COVID-19 has a positive influence on the demand of the market. The continuous lockdown globally has forced the consumers to stockpile their essential products and other food and beverages to avoid regular visits to the grocery shops every other day. On the other hand, the factors hindering the growth of the market during the forecast period include several rigorous rules and regulations introduced by the government to limit the marketing activities towards labeling, children, and listing the ingredients on the product.

Key Players of the Global Soft Drinks Market:

·        The Coca-Cola Company

·        PepsiCo, Inc.

·        Danone S.A.

·        Nestle Waters

·        Red Bull GmbH

·        Attitude Drinks Inc.

·        Parle Agro Private Limited

·        DydoDrinco

·        Acqua Minerale San Benedetto S.p.A.

·        Dr. Pepper Snapple Group Inc.

Soft Drinks Market Segmentation:

Segmentation by Product:

·        Carbonated Soft Drinks

·        Bottled Water

·        Juices and Juice Concentrate

·        Ready to Drink Tea and Coffee

·        Functionals Drinks

Segmentation by Packaging:

·        Plastic

·        Glass

·        Paperboard

·        Metal

Segmentation by Distribution Channel:

·        Supermarkets

·        Hypermarkets

·        Convenience Stores

·        Online Stores

·        Others

Segmentation 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)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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