Global Soft Drink Market by Product, by Packaging and by Region
by Oliver Smith Sr. SEO ExecutiveThe GMI Research contemplates that the Soft Drink Market
perceives a rise in demand over the forecast period. This is because of the
surging consciousness towards health, altering lifestyle, and the adoption of
organic ingredient items because of the soaring incidences of obesity.
Introduction of the Soft Drink Market
Soft drink refers to a class of non-alcoholic beverages that
includes sweeteners, artificial or natural flavoring agents, and carbonated
water. These drinks include fruit juice, sugar, high-fructose corn syrup, and
substitutes for sugar. In addition, they assist in enhancing brain function,
immune system, strengthen muscle development, support digestive health, and
raise the overall metabolism of the body.
Key Players of Market:
- Red Bull GmbH
- The Coca-Cola Company
- Danone S.A.
- Acqua Minerale San Benedetto S.p.A.
- PepsiCo, Inc.
- Nestle Waters
- Parle Agro Private Limited
- Attitude Drinks Inc.
- DydoDrinco
- Pepper Snapple Group Inc.
Soft Drink Market Dynamics
The vigorous demand for packed water, as well as the
increasing inclination of individuals towards beverages made from organic
ingredients and low or zero calories, has stimulated the growth of the global
soft drink market. In addition, the mounting demand for superior or specialty
soft drinks because of their low sugar content and calories and the presence of
organic sweeteners are contributing to the growth of the market. Besides this,
the accelerating gross domestic product, augmenting apprehension towards
health, and mounting disposable income of people across the developing nations,
primarily India and China, are other factors proliferating the soft drink
market size.
Further, the advent of the coronavirus crisis paved the way
for market growth. The strict lockdown imposed by the government persuaded
consumers to store up the essential items and other food and beverages. Also,
the growing focus to stay home and maintain social distance has further paved
the way for market growth as people have accumulated their favorite junk food
and beverage to evade visiting the grocery shops every other day. However, the
rigorous norms and policies executed by the government to restrain the
marketing activities and the increasing need for labelling and listing the
ingredients on the product will restrain the soft drink market share.
Product Segment Drivers
As per the product, the market is bifurcated into bottled
water, carbonated soft drinks, juices and juice concentrate, functionals
drinks, and ready-to-drink tea and coffee. Amongst which, carbonated soft
drinks are predicted to expand at a higher rate over the forecast period. According
to the global soft drink market report, the easy and convenient
accessibility of carbonated soft drinks across all prime distribution channels,
such as supermarkets, convenience stores, hypermarkets, and online stores, is
driving the market growth.
Distribution Channel Segment Drivers
Based on the distribution channel, supermarkets are
projected to capture a prominent market share during the forecast period
because of the availability of exclusive variety, quality, and compact sizes of
soft drinks for end-users in the market. Furthermore, as per the soft drink
market research reports, they possess brand visibility, appealing display
portfolios, and comprehensive cold facilities, which aids in conserving
nutrients, flavours, and colours of the drinks.
Soft Drink 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:
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
RoW
o
UAE
o
Brazil
o
South Africa
o
Saudi Arabia
About GMI
Research
Our organisation is a consulting and market research
enterprise helping business with market research reports and perception. The
research team of GMI fetches all the suitable information about different
industries by applying internal and external databases. Our focus is to notify
the clients with the proximate hindrances and chances across different
industries to help them attain a managerial decision. We at GMI try to provide
a complete solution to our clients so that they can excel.
Sponsor Ads
Created on Aug 27th 2021 07:03. Viewed 367 times.