Global Soft Drinks Market to Reach $1.3 Trillion by 2026

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Sep 23, 2021, 11:20 ET

SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Soft Drinks - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 17; Released: April 2021
Executive Pool: 5432
Companies: 170 - Players covered include Groupe Danone; Keurig Dr Pepper, Inc.; Monster Energy Company; Nestle SA; PepsiCo, Inc.; Red Bull GmbH; The Coca-Cola Company and Others.
Coverage: All major geographies and key segments
Segments: Product (Carbonated Soft Drinks, Juices & Juice Concentrates, Bottled Water, RTD Tea & Coffee, and Other Products)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Soft Drinks Market to Reach $1.3 Trillion by 2026
Amid the COVID-19 crisis, the global market for Soft Drinks estimated at US$994.7 Billion in the year 2020, is projected to reach a revised size of US$1.3 Trillion by 2026, growing at a CAGR of 4.9% over the analysis period. Carbonated Soft Drinks, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$700 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Juices & Juice Concentrates segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $285.7 Billion in 2021, While China is Forecast to Reach $268.6 Billion by 2026
The Soft Drinks market in the U.S. is estimated at US$285.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$268.6 Billion by the year 2026 trailing a CAGR of 7.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Bottled Water Segment to Reach US$220.2 Billion by the year 2026
In the global Bottled Water segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$126.9 Billion in the year 2020 will reach a projected size of US$169.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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