North America Carbonated Soft Drinks Market Worth over $65 Billion in 2019

Increasing consumption of diet coke with low sugar content is currently a booming trend in the North America carbonated soft drinks market as it helps in reducing body weight when compared to other soft drinks. As per the findings of a newly published market research report by IndustryARC, the North America carbonated soft drinks market size was around $65 billion - $70 billion in 2018 and the value is estimated to grow at a CAGR ranging from 2% to 3% during the forecast period 2019-2025. 

The increasing consumption of carbonated soft drinks in the emerging economies, due to its huge quantity of sugar and caffeine content that attracts millennials, is the major driving the growth factor in the North America carbonated soft drinks market. Additionally, the caffeine in the soft drinks is helpful in stimulating the human nervous system, to protect against various liver diseases including cirrhosis, colon cancer and Parkinson’s disease. On the other hand, carbonated water is the key ingredient used in the manufacturing of soft drinks, which provides various health benefits such as improving constipation, reducing stomach ache, and cures nausea, because of its hydrating nature. These factors altogether are anticipated to boost the growth of the North America carbonated soft drinks market in the near future. The information is extracted from the research report of IndustryARC, titled: “North America Carbonated Soft Drinks Market: By Type (Cola, Fruit Flavored and Carbonated Bottled Water); By Distribution Channel (Retail, On-Trade, Vending, Online Retail) & Region – Forecast (2019- 2025).”

The U.S held a major share in the North America carbonated soft drinks market, due to the rise in consumption of various soft drinks such as soda, diet cokes, iced tea and coffee, and carbonated bottled water. 

 

Some of the key companies identified in the report that are currently holding majority shares in the North America carbonated soft drinks market are Monster Beverage Corp., Britvic PLC, Parle Agro, PepsiCo Inc., the Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr Pepper Snapple Group, Inc.

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