Global Carbonated Soft Drink Market Size, Share, Opportunities, And Trends By Type (Regular, Diet), Packaging (Bottled, Canned, Soda Fountain), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2025 To 2030

The carbonated soft drink market is estimated to grow at a CAGR of 4.46%, from US$323.131 billion in 2025 to US$401.930 billion in 2030.

Carbonated soft drinks are a type of beverage that consists of the dissolution of carbon dioxide (CO2) into liquid drinks. These drinks are nonalcoholic and use flavoring and sweeteners for the taste. Various flavors of carbonated soft drinks are available globally, produced and distributed by multiple industry leaders. According to the British Soft Drink Association, carbonated soft drinks hold about 38.6% of the total beverage market in 2023. The association further stated that cola flavor occupies about 55.5% of the share among the different flavors of carbonated soft drinks, followed by orange and clear lemonade, accounting for 7.9% and 4.5%, respectively.

Rising disposable income, customer tastes, and a growing population all influence the demand for carbonated soft drinks. The sector has multiple important players and product offerings, all similar in size. Many of these firms launch new product lines and engage in advertising wars, propelling the market further. Carbonated soft drinks are developed in terms of flavour, appearance, texture, and ingredients depending on the target age range. Growing partnerships, acquisitions, and product launches are the major factors propelling the market forward.

What are the global carbonated soft drink market drivers?

• Increase in the global sales of food and beverage products.

The increasing global demand for processed food and beverage products is a major factor pushing the carbonated soft drinks market growth. The global demand for food and beverages has shown a steady growth pattern, primarily driven by increasing market competitiveness and the rise in consumers' disposable income. As global food and beverage products increase, the demand for carbonated soft drinks worldwide will also rise since the carbonated soft drinks segment holds a significant share of the global non-alcoholic beverages market.

The Farm Credit Canada, in its report, stated that during the first half of 2023, the total sales of the food and beverage market were recorded at US$80.6 billion, which increased to US$84 billion during the second half of 2023. The organization further stated that during the first half of 2023, the total sales of soft drinks in the nation were recorded at US$2.5 billion, which surged to US$2.6 billion during the second half of 2023. During the first half of 2024, the nation’s total sales of soft drinks were recorded at US$2.7 billion, which increased about 9.2% from the previous year.

Major challenges in the global carbonated soft drink market

• Increasing global cases of diabetes and kidney disorders.

The global increase in the cases of diabetes and kidney disorders is estimated to be a major hindrance to the carbonated soft drinks market growth. Carbonated soft drinks contain three major ingredients: carbonation, sweetener, and flavor. According to multiple research and studies conducted worldwide, major institutes state that high or regular consumption of carbonated soft drinks can result in various types of health diseases, tooth decay, bone health deterioration, diabetes, and kidney or digestive disorders.

The global cases of diabetes witnessed a massive increase. The Canadian Diabetes Association, in its report, stated that in 2023, about 10% of the total population, or about 4.118 million individuals, are diagnosed with diabetes (Type 1 and Type 2), which is estimated to reach 5.192 million by 2033, an increase of about 26%. Similarly, the British Diabetic Association, in its 2023 report about diabetes, estimated that about 5.6 million individuals in the nation live with diabetes. The association further stated that about 8% of this population have type 1 diabetes, whereas about 90% have type 2 diabetes. The total cases of diabetes in 2022-23 observed an increase of about 167,822 compared to the total cases in 2021-22.

Geographical outlook of the global carbonated soft drink market:

• North America is forecasted to hold a major share of the global carbonated soft drink market.

The North American region is expected to have the largest global carbonated soft drinks market share. This region has some of the major players in the beverages market, like PepsiCo, The Coca-Cola Company, Keurig Dr Pepper Inc., and more. The region is also expected to witness growth in its market, mainly due to the e-commerce industry’s expansion. 

Major players and products in the global carbonated soft drink market:

• PepsiCo, Inc. is among the leading global food and beverage manufacturers based in the USA. The company operates multiple international brands in the food and beverages industries, including Aquafina, Lipton, Gatorade, Mountain Dew, Pepsi, and Brisk, among many others. The company offers a wide range of beverages under multiple brands in the global carbonated soft drinks market. Some of the carbonated soft drinks of the company include Diet Mountain Dew, Caffeine Free Pepsi,  Diet Pepsi, and Diet Pepsi Root Beer Zero Sugar.
• The Coca-Cola Company is one of the biggest soft drinks manufacturing companies based in the USA. The company produces various products, like non-alcoholic beverages, syrups, and concentrates. The Coca-Cola Company operates multiple brands worldwide, including Coca-Cola, Sprite, Fanta, Minute Maid, and Fresca, among many others. In the carbonated soft drinks market, the company offers a wide range of products, like Zero Sugar Oreo, Coca-Cola Original, Coca-Cola Zero Sugar, and flavored Coca-Cola, among others.

Key developments in the global carbonated soft drink market:

• In September 2024, Jones Soda Co., in its press release, stated the launch of the S'mores Special flavor, which is the combination of melted chocolate, crisp graham crackers, and gooey marshmallows. The company launched these flavors during the series of its Special Releases, which aim to showcase its unique flavors.
• In May 2023, Bisleri International Pvt. Ltd., an Indian multinational beverage producer, launched three new flavors: Pop, Rev, and Spyci Jeera. With the launch of these new flavors, the company aims to expand its global carbonated soft drinks portfolio. The company offers new flavors of carbonated soft drinks under its Bisleri Limonata brand.

The Global Carbonated Soft Drink market is segmented and analyzed as follows:

• By Type
  • Regular
  • Diet
• By Packaging
  • Bottled
  • Canned
  • Soda Fountain
• By Distribution Channel
  • Online
  • Offline
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GL0BAL CARBONATED SOFT DRINKS MARKET BY TYPE

5.1. Introduction

5.2. Regular

5.3. Diet

6. GLOBAL CARBONATED SOFT DRINKS MARKET BY PACKAGING

6.1. Introduction

6.2. Bottled

6.3. Canned

6.4. Soda Fountain

7. GLOBAL CARBONATED SOFT DRINKS MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Online

7.3. Offline

8. GLOBAL CARBONATED SOFT DRINKS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Packaging

8.2.3. By Distribution Channel

8.2.4. By Country

8.2.4.1. United States

8.2.4.2. Canada

8.2.4.3. Others

8.3. South America

8.3.1. By Type

8.3.2. By Packaging

8.3.3. By Distribution Channel

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Packaging

8.4.3. By Distribution Channel

8.4.4. By Country

8.4.4.1. Germany

8.4.4.2. France

8.4.4.3. United Kingdom

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Packaging

8.5.3. By Distribution Channel

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. Israel

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Packaging

8.6.3. By Distribution Channel

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Indonesia

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. The Coca-Cola Company

10.2. PepsiCo

10.3. Keurig Dr Pepper

10.4. National Beverage Corp.

10.5. Jones Soda Co.

10.6. Novamex

10.7. Asahi Group Holdings, Ltd.

10.8. Hamoud Boualem

10.9. Reliance Retail

10.10. Parle Agro

10.11. Lahori Zeera

10.12. GreenFizz Beverages Pvt Ltd.

10.13. 100Plus (F&N Beverages Marketing Sdn Bhd)

10.14. The Monarch Beverage Company, Inc. 

10.15. F&N Beverages Marketing Sdn Bhd 

The Coca-Cola Company

PepsiCo

Keurig Dr Pepper

National Beverage Corp.

Jones Soda Co.

Novamex

Asahi Group Holdings, Ltd.

Hamoud Boualem

Reliance Retail

Parle Agro

Lahori Zeera

GreenFizz Beverages Pvt Ltd.

100Plus (F&N Beverages Marketing Sdn Bhd)

The Monarch Beverage Company, Inc. 

 

F&N Beverages Marketing Sdn Bhd