Market Insights Consumer Non-Alcoholic Drinks Soft Drinks

Carbonated Soft Drinks - Worldwide

Worldwide

In 2023, the revenue generated in the Carbonated Soft Drinks market worldwide amounts to €349.5bn.
This market segment is projected to grow annually by 3.80% (CAGR 2023-2027).
When compared globally, in the United States leads in revenue generation with €140bn in 2023.
When considering the total population figures, the per person revenue in the Carbonated Soft Drinks market is estimated to be €45.50 in 2023.
Looking ahead, the volume in the Carbonated Soft Drinks market is expected to reach 195.7bn L by 2027.
Additionally, there is an anticipated volume growth of 1.5% in 2024.
In 2023, the average volume per person in the Carbonated Soft Drinks market is forecasted to be 24.51L.

Key regions: Singapore, Nigeria, Philippines, India, Australia

Mercado

Región

Comparación de regiones

Moneda

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on total consumer spending on Non-Alcoholic Drinks, which comprises all private household spending on Non-Alcoholic Drinks including at-home, out-of-home, as well as online and offline spendings.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.