Asia Pacific Carbonated Soft Drink Market By Flavor (Cola, Citrus and other flavors), By Distribution Channel (Hypermarkets, Supermarkets & Mass Merchandisers, Convenience Stores, Food Service Outlets, Online and others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The Asia Pacific Carbonated Soft Drink Market would witness market growth of 8% CAGR during the forecast period (2020-2026). The market of carbonated soft drinks is estimated to record significant growth owing to the increasing adoption of the latest technology in the manufacturing process and the growing retail sales. The leading distribution channel for carbonated soft drinks includes retail stores, local supermarkets, restaurants, pharmacies, general shops, vending machine operators, etc. Some other small distributors of carbonated soft drinks include private clubs, drinking places, coffee shops, and other community centers. The shifting food habits would also fuel the growth of the market during the forecast years.
The increasing popularity of soft drinks in generation X and generation Y age groups is estimated to propel the growth of the market. Consumers choose these drinks because it has an acidic bite and creates a pleasant tingling effect and also provides a cooling sensation with every sip. Apart from this, these drinks are made up of fruit flavors that boost the adoption of the drinks among the consumers. The manufacturing of carbonated soft drinks includes ingredients like clean water, some added flavors, sugar or other sweeteners, preservatives, and added color which enhances the taste, consistency, and appearance of the drink. Technology plays a crucial role in the growing consumption of carbonated soft drinks with the development of cans, glass bottles, plastic bottles, which is manufactured by the high-speed packaging lines, and emerging packaging systems.
Based on Flavor, the market is segmented into Cola, Citrus and other flavors. Based on Distribution Channel, the market is segmented into Hypermarkets, Supermarkets & Mass Merchandisers, Convenience Stores, Food Service Outlets, Online and others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danone S.A., Keurig Dr Pepper, Inc., The Coca Cola Company, Monster Beverage Corporation, PepsiCo, Inc., National Beverage Corporation, Refresco Group B.V. (Histogram, Ltd.), Jones Soda Co., Suntory Beverage & Food Limited, and Britannia Industries Limited.
Scope of the Study
Market Segments Covered in the Report:
- Other flavors
By Distribution Channel
- Hypermarkets, Supermarkets & Mass Merchandisers
- Convenience Stores
- Food Service Outlets
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Danone S.A.
- Keurig Dr Pepper, Inc.
- The Coca Cola Company
- Monster Beverage Corporation
- PepsiCo, Inc.
- National Beverage Corporation
- Refresco Group B.V. (Histogram, Ltd.)
- Jones Soda Co.
- Suntory Beverage & Food Limited
- Britannia Industries Limited
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