Carbonated Beverages Market Size, Share, Growth Analysis, By Product(Soft Drinks, Sports & Energy Drinks), By Flavor(Cola, Fruit-Based, Others), By Distribution Channel(Hypermarkets/Supermarkets, Specialty Stores, Convenience Stores, Online Stores), By Region - Industry Forecast 2024-2031

Carbonated Beverages Market Driver

• Due to consumers' busy lifestyles, carbonated beverages have gained popularity. The market for low-calorie carbonated beverages has expanded due to the rise in consumer demand for clean-label, gluten-free, low-calorie, and low-carb goods in the food sector. The market for functional beverages as a whole is expanding, and consumers' awareness of their own health is rising, which has fueled the demand for low-calorie beverages. The market's expansion has been further aided by the simple availability of low- or zero-calorie beverages, which can be found in Walmart and convenience stores. To draw in more customers, major players are continuously experimenting with new tastes and innovations for zero-calorie beverages.
• For example, in 2021, to give an even more recognizable Coca-Cola flavor, Coca-Cola Zero Sugar is introducing an even more delectable and refreshing formula as well as striking new packaging. This month, the new Coca-Cola Zero Sugar formula begins to appear on store shelves in the United States. Full countrywide distribution in the United States and Canada will begin in August, and full distribution will occur in September. The list of ingredients and the dietary facts remain the same.

Carbonated Beverages Market Restraint

• Contrarily, the high sugar content of carbonated drinks can cause diabetes, obesity, and a calcium shortage. This aspect can limit the market's expansion for carbonated beverages globally. However, the launch of a new range of carbonated drinks with reduced sugar might result in considerable profits for rival brands.