The global soft drink and ice market size is expected to grow from $241.03 billion in 2021 to $260.95 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The global soft drinks and ice market size is expected to grow to $345.95 billion in 2026 at a CAGR of 7.3%.
What is the Global Soft Drink And Ice Market?
The soft drinks and ice market consists of sales of soft drinks, ice, and purified and bottled water by entities (organizations, sole traders, and partnerships) that produce soft drinks, ice, and purified and bottled water. The companies in the soft drink and ice industry process raw materials into soft drinks, ice, and purified and bottled water, package and distribute them through various distribution channels to both individual customers and commercial establishments. The soft drinks and ice market is segmented into soft drinks and ice.
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What drives the Global Soft Drink And Ice Market?
The world population is growing and is expected to reach 10 billion by 2050. An increase in population creates more demand for food. According to the American Society of Nutrition, the consumption of sugar-sweetened beverages was highest in Mexico. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products due to the rising population, during the forecast period.
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Global Soft Drink And Ice Market Segments
The global soft drink and ice market is segmented:
By Type: Soft Drinks, Ice
By Distribution Channel: Off-Trade Channels, On-Trade Channels
By Category: Mass, Premium
By Geography: The regions covered in the soft drink and ice market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Soft Drink And Ice Global Market Report 2022provides market size and growth forecasts for the global soft drink and ice market, global soft drink and ice market share, soft drink and ice market segments and geographies, soft drink and ice market competitive landscape including leading competitors’ revenues, profiles and market shares. The soft drink and ice market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Soft Drink And Ice Industry Playersinclude PepsiCo Inc., The Coca-Cola Company, Coca-Cola European Partners plc, Fomento Economico Mexicano, Red Bull GmbH, Nestle S.A., Keurig Dr Pepper Inc., Asahi Group Holdings Ltd, Danone S.A., and Suntory Holdings Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
