North America Carbonated Soft Drinks Market: Demand Analysis and Growth Forecast
Increasing consumption of diet coke with low sugar content is currently a booming trend in the North America carbonated soft drinks market as it helps in reducing body weight when compared to other soft drinks. As per the findings of a newly published market research report by IndustryARC, the North America carbonated soft drinks market size was around $65 billion - $70 billion in 2018 and the value is estimated to grow at a CAGR ranging from 2% to 3% during the forecast period 2019-2025.
The increasing consumption of carbonated soft drinks in the emerging economies, due to its huge quantity of sugar and caffeine content that attracts millennials, is the major driving the growth factor in the North America carbonated soft drinks market. Additionally, the caffeine in the soft drinks is helpful in stimulating the human nervous system, to protect against various liver diseases including cirrhosis, colon cancer and Parkinson’s disease. On the other hand, carbonated water is the key ingredient used in the manufacturing of soft drinks, which provides various health benefits such as improving constipation, reducing stomach ache, and cures nausea, because of its hydrating nature. These factors altogether are anticipated to boost the growth of the North America carbonated soft drinks market in the near future. The information is extracted from the research report of IndustryARC, titled: “North America Carbonated Soft Drinks Market: By Type (Cola, Fruit Flavored and Carbonated Bottled Water); By Distribution Channel (Retail, On-Trade, Vending, Online Retail) & Region – Forecast (2019- 2025).”
Browse 50 Market Tables, 176 Figures spread through 156 slides and an in-depth TOC “North America Carbonated Soft Drinks Market (2019 - 2025)”
North America Carbonated Soft Drinks Market: Leading Segments
The U.S held a major share in the North America carbonated soft drinks market, due to the rise in consumption of various soft drinks such as soda, diet cokes, iced tea and coffee, and carbonated bottled water.
North America Carbonated Soft Drinks Market Trends
- Iced/RTD tea drinks are the newest product type in the North America carbonated soft drinks market. These drinks mainly contain antioxidants, to improve brain health. Various flavor syrups such as fruit, floral and herbal are included to the drinks, to make them more effervescent.
- Fermented drinks are gaining huge popularity in the North America Carbonated soft drinks market. These drinks are good sources of beneficial probiotics and antioxidants, which aids to kill bacteria. Increased consumption of fermented drinks benefits in reducing heart diseases.
- Increasing consumption of sports drinks is boosting the growth of North America carbonated soft market. These drinks constitute high sugar content which provides instant energy and elevates the performance of the athlete. Powerade, Gatorade and some of the popular sports drinks available in North America.
North America Carbonated Soft Drinks Market: Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the North America carbonated soft drinks market are Monster Beverage Corp., Britvic PLC, Parle Agro, PepsiCo Inc., the Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr Pepper Snapple Group, Inc.
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Europe Carbonated Soft Drinks Market: By Type (Cola, Fruit Flavored and Carbonated Bottled Water); By Distribution Channel (Retail, On-Trade, Vending, OnlineRetail) & Region - Forecast(2018 - 2023)
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