How much is the soft drink industry worth worldwide?

How much is the soft drink industry worth worldwide?

Carbonated Beverages Market – The global carbonated beverages market size was valued at USD 406.89 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027.

How big is the carbonated soft drink market?

Carbonated Soft Drinks Market Worth $ 370 Billion by 2027.

Which is the selling soft drink in the world?

1. Coca-Cola. Coca-Cola is the world’s most famous and best decorated soft beverage in all Coca-Cola products. The beverage is usually called Coke and is produced and/or commercialized in at least 200 countries.

Who has bigger market share Coke or Pepsi?

Since 2004, Coca-Cola Company has been the market leader, according to Statista. In 2020, Pepsi-Co had a market cap of $188.6 billion while Coca-Cola had a market cap of $185.8 billion.

Who is the biggest soft drink company?

In 2020, Coca-Cola was ranked as the leading carbonated soft drink (CSD) company in the United States with a volume share of 44.9 percent. Ranked second, PepsiCo garnered a volume share of 25.9 percent that year.

Is the soft drink industry growing?

Is Coca-Cola the market leader?

Who is the Market Leader in Global Carbonated Soft Drinks Market? The most powerful companies, those who have the biggest share of the global carbonated soft drinks market, and the non-carbonated soft drinks market are the Coca-Cola Company and PepsiCo Inc.

Why is Coca-Cola so successful?

A significant part of Coca-Cola’s success is its emphasis on brand over product. Coke doesn’t sell a drink in a bottle, it sells “happiness” in a bottle. Instead, Coke aims to sell consumers the experience and lifestyle associated with its brand.

What is the number 1 selling soda?

According to Beverage Digest, Coca Cola is by far the best selling soda in the United States.

What is the most selling drink in the world?

9 Most Consumed Beverages Around the World

  • Water. Water is the most popular drink in the world.
  • Tea. After water, tea is the most popular drink in the world.
  • Coffee.
  • Orange juice.
  • Beer.
  • Soft drinks.
  • Wine.
  • Vodka.

Who is number 1 Coke or Pepsi?

PepsiCo, Inc. is beating the Coca-Cola Company on Wall Street. PepsiCo’s shares have gained 19.45% for the last twelve months and 49.20% for the last five years, compared to 15.75% and 22.13% for Coca-Cola. But both companies have underperformed the overall market—see table 1….Pepsi Beats Coke, Again.

Company Rank
PepsiCo 29
Coca-Cola 6

What’s the share of carbonated soft drinks in the world?

Carbonated soft drinks accounted for more than 50.0% share of the global revenue in 2019. Companies have been using a variety of strategies for creating a wider penetration of carbonated beverages and sustaining the customer base.

Who are the major players in the carbonated beverage market?

Major business participants in carbonate beverages market are Coca-Cola, PepsiCo, Cadbury Schweppes, Parle Agro, Postobon and Cott Corporation. Macro-environmental factors have a strong effect on soft drink industry that is expected to lead to change.

Which is the largest soft drink company in the world?

One year earlier, PepsiCo’s net revenue numbers worldwide amounted to approximately 65 billion U.S. dollars. Another widely recognized soft drink brand is Dr Pepper. This beverage is produced by Keurig Dr Pepper, the company which was formed when the Dr Pepper Snapple Group and Keurig formed a merger in July of 2018.

Which is the fastest growing category in carbonated beverages?

The carbonated sports and energy drinks segment is expected to witness the fastest growth during the forecast years with a CAGR of 7.2% from 2020 to 2027. A large number of sports and energy drink manufacturers have been adding fizz to the beverage to create freshness.