Tghe Size of Europe Carbonated Soft Drinks Market is expected to be worth USD 140.26 billion in 2024 and is estimated to be growing at a CAGR of 2.73%, to reach USD 160.48 billion by 2029.
Soft drink is a beverage which consists of carbonated water or still water, sweetening agents and flavouring substances. The sweeteners could be either natural or artificial. Depending on the type of drink it may contain caffeine, colouring agents, stabilizers, preservatives and other ingredients. Soft drink has a very high percentage of which leads to extra transportation charges and occupy excess places in warehouses. With rising urbanisation, there has been a change in the food habits of the younger generation which is a major factor for the growth of the market. The demand for carbonated soft drink has accelerated with the rising demand for processed food. Increased government scrutiny acts as a market obstacle in the forecast period. Due to the high sugar content, consumers are becoming conscious of consuming the carbonated soft drinks.
Cola is currently dominating the market share.
By distribution channel, the market is classified into supermarkets, independent retailers, convenience stores, and others. Supermarkets account for the largest market share.
The Carbonated Soft Drinks market was dominated by Europe. The rising demand for processed food & beverages in the industry is expected to have a positive impact on the regional market.
Key Players In Europe Carbonated Soft Drinks Market are Monster Beverage Corp, Britvic PLC, Parle Agro, PepsiCo Inc , Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr Pepper Snapple Group, Inc.
Frequently Asked Questions
Understanding the drivers behind the demand helps stakeholders identify market opportunities and develop effective marketing strategies. Factors may include convenience, flavor variety, brand loyalty, and marketing campaigns.
Health and wellness concerns, including sugar content, artificial ingredients, and calorie counts, have influenced consumer preferences and purchasing behavior. This question explores how companies are responding with low or no sugar options, natural flavors, and functional ingredients.
Challenges could range from changing consumer preferences and health concerns, competition from other beverage categories, regulatory pressures, supply chain disruptions, and environmental sustainability issues. Identifying and addressing these challenges is crucial for sustainable growth.
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