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.
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.
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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.
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
Carbonated Soft Drinks Regional Outlook (Revenue, USD Billion; Volume Billion Liter, 2014 - 2025)
Central & South America
Middle East & Africa
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