The Asia Pacific Soft Drinks Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
Soft drink vending began modestly in the early twentieth century with the usage of ice coolers. For on-premise consumption, most drinks are now cooled using electric refrigeration. Soft drinks are dispensed in cups, cans, and bottles by vending machines, while bars, restaurants, and hotels use dispensing guns to manage enormous volumes. Soft drinks in cups can be purchased in two ways. The completed beverage is manufactured by the soft drink maker and filled into five- or 10-gallon stainless steel tanks in the "pre-mix" system. The beverage tanks are connected to the vending machine, which cools and distributes the beverage. The vending machine in the post-mix system has its own carbon dioxide and water supply. As the water is delivered into the cup, it is carbonated as needed and combined with flavored syrup.
In the next several years, rising disposable incomes, changing lifestyles, and a growing population are likely to drive market expansion. The soft drinks industry is driven by the rising need for clean-label, low-calorie, gluten-free, and low-carb products. Additionally, growing millennial popularity and increased R&D investments in the food and beverage sector are likely to stimulate industry demand.
The Indian soft drink sector is witnessing inclusion of various number of new and competitive entrants due to rich growth prospects in the soft drinks market, resulting in a fierce rivalry, due to many well established as well as new entrants in beverages market. In addition, many companies have realized the changing taste and preference in all age group consumer and change in the drinking behavior, and developing innovative ways to create healthy soft drinks. Quality cannot be sacrificed, which is why corporations are offering low prices while promising high quality in order to achieve a major market share. With the arrival of energy drinks on the horizon, athletes and fitness freaks are anticipating new flavors. Companies with products in the category are benefiting and implementing plans to maintain the place in the sector by releasing new versions. Along with that, companies are increasingly investing in the launch of new, better and healthy soft drinks in the regional market.
The China market dominated the Asia Pacific Soft Drinks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $48,688.9 Million by 2028. The Japan market is anticipated to grow at a CAGR of 5.5% during (2022 - 2028). Additionally, The India market would witness a CAGR of 6.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Store, Online, and Others. Based on Product, the market is segmented into Carbonated and Non-Carbonated. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Soft Drinks Market is Projected to reach USD 589.9 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., Nestle S.A., The Coca Cola Company, Keurig Dr Pepper, Inc., Monster Beverage Corporation, Ito En, Ltd., Unilever PLC, Red Bull GmbH, AriZona Beverage Company LLC, and Appalachian Brewing Company.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Store
- Online
- Others
By Product
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- Nestle S.A.
- The Coca Cola Company
- Keurig Dr Pepper, Inc.
- Monster Beverage Corporation
- Ito En, Ltd.
- Unilever PLC
- Red Bull GmbH
- AriZona Beverage Company LLC
- Appalachian Brewing Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Soft Drinks Market, by Distribution Channel
1.4.2 Asia Pacific Soft Drinks Market, by Product
1.4.3 Asia Pacific Soft Drinks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions:
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, May – 2022, Apr) Leading Players
Chapter 4. Asia Pacific Soft Drinks Market by Distribution Channel
4.1 Asia Pacific Hypermarkets & Supermarkets Market by Country
4.2 Asia Pacific Convenience Store Market by Country
4.3 Asia Pacific Online Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Soft Drinks Market by Product
5.1 Asia Pacific Carbonated Market by Country
5.2 Asia Pacific Non-Carbonated Market by Country
Chapter 6. Asia Pacific Soft Drinks Market by Country
6.1 China Soft Drinks Market
6.1.1 China Soft Drinks Market by Distribution Channel
6.1.2 China Soft Drinks Market by Product
6.2 Japan Soft Drinks Market
6.2.1 Japan Soft Drinks Market by Distribution Channel
6.2.2 Japan Soft Drinks Market by Product
6.3 India Soft Drinks Market
6.3.1 India Soft Drinks Market by Distribution Channel
6.3.2 India Soft Drinks Market by Product
6.4 South Korea Soft Drinks Market
6.4.1 South Korea Soft Drinks Market by Distribution Channel
6.4.2 South Korea Soft Drinks Market by Product
6.5 Singapore Soft Drinks Market
6.5.1 Singapore Soft Drinks Market by Distribution Channel
6.5.2 Singapore Soft Drinks Market by Product
6.6 Malaysia Soft Drinks Market
6.6.1 Malaysia Soft Drinks Market by Distribution Channel
6.6.2 Malaysia Soft Drinks Market by Product
6.7 Rest of Asia Pacific Soft Drinks Market
6.7.1 Rest of Asia Pacific Soft Drinks Market by Distribution Channel
6.7.2 Rest of Asia Pacific Soft Drinks Market by Product
Chapter 7. Company Profiles
7.1 PepsiCo, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.2 Nestle S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.3 The Coca Cola Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Product Launches and Product Expansions:
7.3.4.2 Geographical Expansions:
7.4 Keurig Dr Pepper, Inc.
7.4.1 Company overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 Monster Beverage Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Partnerships, Collaborations, and Agreements:
7.6 Ito En, Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional & Segmental Analysis
7.6.4 Recent Strategies and Developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.7 Unilever PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Acquisition and Mergers:
7.8 Red Bull GmbH
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 AriZona Beverages Company LLC
7.9.1 Company Overview
7.10. Appalachian Brewing Company
7.10.1 Company Overview
TABLE 1 Asia Pacific Soft Drinks Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Soft Drinks Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Soft Drinks Market
TABLE 4 Product Launches And Product Expansions– Soft Drinks Market
TABLE 5 Acquisition and Mergers– Soft Drinks Market
TABLE 6 Geographical Expansions- Soft Drinks Market
TABLE 7 Asia Pacific Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Convenience Store Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Convenience Store Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Carbonated Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Carbonated Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Non-Carbonated Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Non-Carbonated Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Soft Drinks Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Soft Drinks Market by Country, 2022 - 2028, USD Million
TABLE 25 China Soft Drinks Market, 2018 - 2021, USD Million
TABLE 26 China Soft Drinks Market, 2022 - 2028, USD Million
TABLE 27 China Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 China Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 China Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 30 China Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 31 Japan Soft Drinks Market, 2018 - 2021, USD Million
TABLE 32 Japan Soft Drinks Market, 2022 - 2028, USD Million
TABLE 33 Japan Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 Japan Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 Japan Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 36 Japan Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 37 India Soft Drinks Market, 2018 - 2021, USD Million
TABLE 38 India Soft Drinks Market, 2022 - 2028, USD Million
TABLE 39 India Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 India Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 India Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 42 India Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 43 South Korea Soft Drinks Market, 2018 - 2021, USD Million
TABLE 44 South Korea Soft Drinks Market, 2022 - 2028, USD Million
TABLE 45 South Korea Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 South Korea Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 South Korea Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 48 South Korea Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 49 Singapore Soft Drinks Market, 2018 - 2021, USD Million
TABLE 50 Singapore Soft Drinks Market, 2022 - 2028, USD Million
TABLE 51 Singapore Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Singapore Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Singapore Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 54 Singapore Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 55 Malaysia Soft Drinks Market, 2018 - 2021, USD Million
TABLE 56 Malaysia Soft Drinks Market, 2022 - 2028, USD Million
TABLE 57 Malaysia Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Malaysia Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Malaysia Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 60 Malaysia Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Soft Drinks Market, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Soft Drinks Market, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Soft Drinks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Soft Drinks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Soft Drinks Market by Product, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Soft Drinks Market by Product, 2022 - 2028, USD Million
TABLE 67 key information – PepsiCo, Inc.
TABLE 68 Key Information – Nestle S.A.
TABLE 69 key information – The Coca Cola Company
TABLE 70 Key Information – Keurig Dr Pepper, Inc.
TABLE 71 Key Information – Monster Beverage Corporation
TABLE 72 Key information – Ito En, Ltd.
TABLE 73 Key Information – Unilever PLC
TABLE 74 Key Information – Red Bull GmbH
TABLE 75 Key Information – AriZona Beverages Company LLC
TABLE 76 Key Information – Appalachian Brewing Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, may – 2022, apr) Leading Players
FIG 5 Recent strategies and developments: PepsiCo, Inc.
FIG 6 Recent strategies and developments: Nestle S.A.
FIG 7 Recent strategies and developments: The Coca Cola Company