The U.S.
soft drinks market size is anticipated to reach USD 388.4 billion
by 2025, according to a study conducted by Grand View Research, Inc.,
progressing at a CAGR of 5.1% during the forecast period. Growing population is
providing a fillip to the food and beverage sector, which in turn is propelling
the U.S. soft drink market. Furthermore, easy availability and low price of
soft drinks are benefiting the growth of the market. Recently, significant
growth has been observed in the RTD tea drinks segment of the market, owing to
soaring health concerns among consumers and increasing demand for premium
products.
However, strengthening presence of low-quality fake
products is a major challenge for market players. Counterfeit soft drinks lead
to huge losses of established players. Additionally, increasing health issues
such as obesity, cardiovascular diseases, and others due to high sugar content
in drinks are hindering the growth of the market. Some of the prominent soft
drink players are The Coca-Cola Company;
PepsiCo, Inc.; Dr Pepper Snapple Group; Nestlé; and Red Bull GmbH.
Browse full research report on U.S. Soft Drink Market: https://www.grandviewresearch.com/industry-analysis/us-soft-drinks-market
Further
key findings from the study suggest:
- The U.S. soft drinks market is projected to post a CAGR of 5.1%
over the forecast period
- The carbonated drinks segment dominated the U.S. soft drinks market
in 2016 and is expected to dominate over the forecast years. The segment
is likely to reach USD 134.4 billion by 2025. The growth of the segment
can be attributed to their inexpensive price and easy availability.
However, increasing health concerns among consumers are poised to hamper
growth prospects.
- The RTD tea drinks segment is estimated to witness the fastest
growth over the forecast period, owing to shift of consumers towards
sugar-free, naturally made beverages, and healthier drinks.
- The prominent players in the market include The Coca-Cola Company;
PepsiCo, Inc.; Dr Pepper Snapple Group; Nestlé; and Red Bull GmbH.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/consumer-goods
Grand
View Research has segmented the U.S. soft drink market based on product type:
Soft
Drinks Product Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Carbonated
Drinks
- Packaged
Water
- Fruit
Beverages
- Iced/RTD Tea
Drinks
- Energy Drinks
- Sports Drinks
- Others
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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