[FURL=https://www.industryarc.com/Report/9528/europe-carbonated-soft-drinks-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Europe Carbonated Soft Drinks Market[/FURL] size is estimated to reach $83.2 billion by 2027, growing at a CAGR of 4.86% during the forecast period 2022-2027. Carbonated soft drinks (CSDs) are non-alcoholic beverages prepared from carbonated water and flavoring and made sweet with sugar or a non-nourishing sweetener. Carbonated soft drinks (CSDs) are beverages that possess additional carbon dioxide to provide them with a fizzing taste. An ascorbic Acid is a powdered form of vitamin C.Key Takeaways
By country, Belgium Europe Carbonated Soft Drinks Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the all-time maximal consumption of carbonated drink termed soda including ascorbic acid at almost 109 liters per capita largely attributed to the contemporary lifestyle in the Belgian region.
Europe Carbonated Soft Drinks Market growth is being driven by the surging demand for low-calorie and no-sugar products of key players like Coca Cola with no- and low-calorie categories being a “growth engine” for Coca-Cola in Western Europe.
Europe Carbonated Soft Drinks Market Detailed Analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Europe Carbonated Soft Drinks Market report.
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Europe Carbonated Soft Drinks Market Segment Analysis – By Country
The Europe Carbonated Soft Drinks Market based on the country can be further segmented into the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe. Belgium (Europe Carbonated Soft Drinks Market) held the largest share of the overall market in 2021. The growth of this region is owing to the boost in-home consumption of carbonated soft drinks containing ascorbic acid developed by top brands amidst the global lockdowns and stay-at-home restrictions imposed by the COVID-19 pandemic.
Europe Carbonated Soft Drinks Market Drivers
Increased Fortification Of Soft Drinks Is Projected To Drive The Growth Of Europe Carbonated Soft Drinks Market
Innovative Flavors In Carbonated Soft Drinks Are Expected To Boost The Demand Of Europe Carbonated Soft Drinks
Europe Carbonated Soft Drinks Market Landscape:
Key companies of this market are Barr (AG) Plc in Soft Drinks, Acqua Minerale San Benedetto SpA, Coca-Cola Co., PepsiCo, Gerolsteiner Brunnen GmbH & Co KG, Danone S.A., Refresco, Suntory Beverage and Food Europe, Sinalco International, Britvic Soft Drinks Ltd
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