The Market value (retail sales value) of the Global Soft Drinks Industry attained a value of USD 872,411.37 Millions in 2020
The Industry recorded a historical decline (CAGR) of 0.55 % between 2017 to 2020, and is expected to grow by...
GlobalData projects the Industry to grow at a CAGR of ...
The global soft drinks industry recorded a double-digit YoY decline in 2020, and a negative Compound Annual Growth Rate (CAGR) between 2017-20.
Coca-Cola, PepsiCo, Nestle, and Keurig Dr Pepper held the top four leading market positions in the global soft drinks industry. In 2020, the top four players held a significant market share in the global soft drinks market.
Coca-Cola, Pepsi-Cola, Sprite, and Fanta were the leading brands in the soft drinks industry.
Soft drinks contain different types of categories such as packaged water, bulk/hod water, flavored water, enhanced water, carbonates, juice, nectars, still drinks, squash/syrups, fruit powders, iced/RTD tea drinks, iced/RTD coffee drinks, sports drinks, and energy drinks.
Coca-Cola leads the global soft drinks industry in 2020
Coca-Cola was the leading company in the global soft drinks market (by value) in 2020, with around 300 brands under its trademark. The Coca-Cola brand was the biggest contributor to the company’s global soft drinks sales. Sprite, Fanta, Minute Maid, and Dasani are some of the other major soft drinks brands offered under the trademark of Coca-Cola.
PepsiCo ranked second in the global soft drinks industry
PepsiCo was the second largest company in the global soft drinks market in 2020. Pepsi-Cola, Mountain Dew, Gatorade, 7-Up, and Aquafina were among some of the key brands tending the global soft drinks needs under PepsiCo, with a bigger chunk of the soft drinks items sale (by value) coming from its flagship brand Pepsi-Cola.
The other leading market positions in the global soft drinks market were held by Nestle and Keurig Dr Pepper.
Nestle and Keurig Dr Pepper were some of the other prominent companies in the global soft drinks market, owning brands such as Poland Spring, Nestle Pure Life, and Dr Pepper.
Market Fragmentation: The market is highly concentrated, with the top two players holding more than a third of the market share in the global soft drinks market.
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