(Entertainment-NewsWire.com, November 14, 2017 ) The Europe Carbonated Beverages Market was worth USD 115.68 billion in 2016 and estimated to be growing at a CAGR of 3.2%, to reach USD 135.41 billion by 2021. Carbonated beverages sector is one of the seasoned industries in the worldwide beverages market. In the recent past, the industry has experienced major variations regarding product advances and offerings. To face the increasing market challenges, companies are fetching new flavors keeping in mind the health and wellness apprehensions of consumers. While the industry contains low margins as compared to other processed foods, market leader Coca-Cola upholds product sustainability approach for continued brand dependability.
The Europe Carbonated Beverages Market size is driven by the changing food habits coupled with increasing population of the younger populace in developing countries, coupled with the rising demand for processed food products. Consumer health awareness and increased government scrutiny are the major constraints faced by the market.
The Europe Carbonated Beverages Market is segmented on the basis of Type, Flavour and Distribution Channels. On the basis of type, the market is segmented into standard drinks, diet drinks, fruit-flavored carbonates and other drinks. On the basis of flavor, the market is categorized into Cola, Lime, Orange, and Others. On the basis of distribution channels, the market is distributed among hypermarkets and supermarkets, independent retailers, convenience stores and others.
The Europe Carbonated Beverages Market has been geographically segmented into Germany, U.K, France, Spain, and Italy. As of 2016, Europe holds the first position in the global market share analysis. The rapid growth in new distribution channels is set to further boost the market growth in Europe.
The major players operating in the Europe carbonated drinks industry include:
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