Sparkling Soda Market
Sparkling Soda Market Trends Analysis, By Type (Standard, Diet soda), By Flavor (Flavored, Unflavored.), By Packaging (Cans, Bottle), By Sales Channel (Modem trade, Convenience & Grocery stores, Horeca, Online retail, Others) & By Region Forecast, 2019-2029
Increasing health awareness among consumers has adversely affected the carbonated drinks market. Companies in the industry are working towards the development of alternative product offerings, specifically designed to address the health conscious and active lifestyle masses. Emerging new offerings such as ginger-flavored sparkling soda have seen positive feedback and upward market movement.
Some companies in the sparkling soda market have refocused their efforts towards expansion in developing regions. Some players have opted for rebranding their products to suit customer tastes. Diet sparkling soda is one of the offerings that is likely to garner traction during the forecast period.
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Upstream Dynamics to Create Major Changes for Sparkling Soda
The upstream costs of the sparkling soda market have seen an upward trend, with the increasing cost of raw materials and resources. Major companies in the sparkling soda market, have experienced minor changes in upstream costs due to large investments in stable infrastructure and lower per unit costs.
The change in consumer orientation has majorly affected new players in the sparkling soda landscape. Relabeling sparkling soda under different product names as seltzer has been effective in changing some perspectives among consumers.
Even though seltzer is broadcasted under natural water and low additives, it is considered under sparkling soda due to the artificial carbonation of the water. Online sales of sparkling soda have risen significantly with the introduction of better weekly subscription plans from vendors such as Amazon. These subscription plans have created decent demand for manufacturers.
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Segmentation of the Sparkling Soda
Sparkling soda can be differentiated by type, flavor, packaging, and sales channel. The type of the sparking soda is based on the standard and diet soda. The flavor segment of sparkling soda can be divided into flavored and unflavored.
The packaging for sparkling soda is divided into cans and bottles. The bottles segment of sparkling soda is further segmented into plastic and glass. The sales channels for sparkling soda are modem trade, convenience and grocery stores, Horeca, online retail, and other sales channels.
The global market for sparkling soda can be segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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Obsession of Healthy Lifestyle
A major consumer base for sparkling soda and related byproducts was America. But with the growing obsession regarding health, major players have been struggling to maintain their consumer base. The main strategy incorporated is constant rebranding to health-related carbonated waters.
The rise of alternative health waters is likely to be one of the hurdles for the sparkling soda market. New players in the sparkling soda market have started investing in regions with low health awareness. Developing countries are likely to present some new opportunities for new entrants to establish an economic foothold. Sparkling soda consumption in Europe and neighbouring regions has been steady.
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Inability of Increasing Prices for Manufacturers
Companies are facing a dire situation due to inability to increase the prices of sparkling soda. Profit margins of companies are declining due to increasing operating & input costs, and the lowering demand for these products. Increasing per capita spending costs are likely to help sparkling soda players create stable margins. Albeit the depreciation experienced by the sparkling soda industry, major players have been able to maintain their own foothold due to high consumer brand loyalty. Market entry barriers have created the need for innovation. Current major players in the sparkling soda market are
- The Coca-Cola Company
- PepsiCo Inc.
- Dr. Pepper Snapple Group Inc.
- Whole Foods
- A.J. Canfield Company
- Ice Mountain
The research report presents a comprehensive assessment of the sparkling soda market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to the segments in the sparkling soda market, such as geography, type, flavor, packaging, and sales channel.
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The sparkling soda market report covers exhaustive analysis on:
- Sparkling soda Market Segments
- Sparkling soda Market Dynamics
- Sparkling soda Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology in the Sparkling Soda Market
- Value Chain of the Sparkling Soda Market
Regional analysis for the sparkling soda market includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest of South Asia)
- Oceania (Australia, New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report on the sparkling soda market provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per the segments of the sparkling soda market. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the sparkling soda industry
- In-depth market segmentation of sparkling soda
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the sparkling soda market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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