LAMEA 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 Latin America, Middle East and Africa Carbonated Soft Drink Market would witness market growth of 7.3% CAGR during the forecast period (2020-2026). Carbonated drinks are non-alcoholic drinks that have bubbles and fizzes due to the infused carbon dioxide gas. There are many people who likes the fizzy sensation and the unique taste provided by the carbon dioxide. The manufacturers of carbonated drinks are reshaping their strategies due to the arising health concerns by the consumers, and these concerns led to the introduction of diet & low-calorie range of drinks in the global market.
The increasing demand for premium drinks along with the enhancements in economic indicators of the developing nations is estimated to propel the growth of the market. Moreover, the rising investments by the manufacturers have also contributed to the expansion of the market across the world. Many manufacturers are investing in the innovation of the product, distribution, packaging, and other different aspects of the business.
Technology is an important factor in every industry. It plays a significant role in the manufacturing of the carbonated soft drink. The adoption of modern technology in the manufacturing units helps in reducing the cost by increasing the number of products manufactured within a limited period of time. The manufacturing of cans, glass bottles, plastic bottles of the carbonated soft drink by the high-speed packaging lines, and developing packaging systems, contributes to the growth of the market. The adoption of automatic machines and robots leads to the rising number of manufactured products, which further anticipated the growth of the carbonated soft drink market during the forecast period.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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