Asia Pacific Carbonated Soft Drinks Market

Asia Pacific Carbonated Soft Drinks Market Size (2024 to 2029)

Asia Pacific Carbonated Soft Drinks Market is expected to grow from USD 82.89 billion in 2024 to USD 95.91 billion in 2029, with a CAGR of 2.96% between 2024 and 2029. 

MARKET OVERVIEW

The demand for carbonated soft drinks has accelerated with the rising demand for processed food.

A soft drink is a beverage that consists of carbonated water or still water, sweetening agents, and flavoring substances. The sweeteners could be either natural or artificial. Depending on the type of drink it may contain caffeine, coloring agents, stabilizers, preservatives, and other ingredients. Soft drink has a very high percentage of which leads to extra transportation charges and occupies excess places in warehouses. With rising urbanization, there has been a change in the food habits of the younger generation which is a major factor for the growth of the market. Increased government scrutiny acts as a market obstacle in the forecast period. Due to the high sugar content, consumers are becoming conscious of consuming carbonated soft drinks.

This research report on the Asia Pacific Carbonated Soft Drinks market has been segmented and sub-segmented into the following categories.

Asia Pacific Carbonated Soft Drinks Market By Type

• standard,
• diet,
• fruit flavored carbonates
• Diet products 

 Asia Pacific Carbonated Soft Drinks Market By flavor

• cola,
• lime,
• orange

By distribution channel, the market is classified into supermarkets, independent retailers, convenience stores, and others. Supermarkets account for the largest market share.

Asia Pacific Carbonated Soft Drinks Market By Distribution Channel

• Supermarkets                                        
• Independent retailers                                        
• Convenience stores                                            

Asia Pacific Carbonated Soft Drinks Market By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Asia Pacific is expected to grow at a high CAGR. Less stringent norms and regulations and rising disposable income among consumers in emerging countries such as China, India, South East Asia, South Korea, and Japan are expected to benefit the overall growth.

KEY MARKET PLAYERS

Monster Beverage Corp., Britvic PLC, Parle Agro, PepsiCo Inc., Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr Pepper Snapple Group are some of the notable companies in the market.