According to the latest estimates, the carbonated soft drinks market in India is set to achieve an incremental growth of USD 4.3 billion, accelerating at a CAGR of almost 10.6% during the forecast period 2024-2029. The burgeoning carbonated soft drink (CSD) market in India is primarily driven by robust economic development and increasing consumer spending power. This economic uplift enables a greater number of consumers to afford non-essential goods, including pleasure-oriented products like carbonated soft drinks.
Carbonated soft drinks offer an appealing combination of refreshing taste and instant gratification, making them highly attractive to a broad spectrum of consumers. This growing demand is particularly notable among the younger demographic, who are not only more open to trying new products but also have a higher propensity to spend on discretionary items. Consequently, major brands are intensifying their efforts in the country through aggressive marketing and strategic distribution to capture this expanding market segment.
The report provides a comprehensive analysis of the India carbonated soft drinks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product, packaging, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the carbonated soft drinks sector.
Market Segmentation
The segmentation of the carbonated soft drinks market in India is outlined below:
Type: regular, reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, others
The India carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. On the basis of type, the carbonated soft drinks market in India has been segmented into regular, and reduced sugar/sugar-free. By product, the carbonated soft drinks market in India has been segmented into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. Based on packaging, the carbonated soft drinks market in India is categorized into glass bottles, metal cans, and plastic bottles. On the basis of distribution channel, the carbonated soft drinks market in India has been segmented into convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, and others.
Competitive Landscape
Top players covered in India Carbonated Soft Drinks Market Study are Parle Agro Private Limited, PepsiCo Inc., The Coca-Cola Company.
The report offers a comprehensive review of the India carbonated soft drinks market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the India carbonated soft drinks market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the India carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India carbonated soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewIndia carbonated soft drinks market – type analysis
India carbonated soft drinks market – product analysis
India carbonated soft drinks market – packaging analysis
India carbonated soft drinks market – distribution channel analysis
Key players and market share
– Parle Agro Private Limited
– PepsiCo, Inc.
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table India carbonated soft drinks market 2019-2029
Chart India carbonated soft drinks market, net growth, 2019-2029
Chart India carbonated soft drinks market, growth rates, 2019-2029
Table India carbonated soft drinks market by type, 2019-2029
Chart India carbonated soft drinks market by type, CAGR historic and forecast, 2019-2029
Chart India carbonated soft drinks market by type, 2019-2029
Table India carbonated soft drinks market by product, 2019-2029
Chart India carbonated soft drinks market by product, CAGR historic and forecast, 2019-2029
Chart India carbonated soft drinks market by product, 2019-2029
Table India carbonated soft drinks market by packaging, 2019-2029
Chart India carbonated soft drinks market by packaging, CAGR historic and forecast, 2019-2029
Chart India carbonated soft drinks market by packaging, 2019-2029
Table India carbonated soft drinks market by distribution channel, 2019-2029
Chart India carbonated soft drinks market by distribution channel, CAGR historic and forecast, 2019-2029
Chart India carbonated soft drinks market by distribution channel, 2019-2029
Table India carbonated soft drinks market share (%), by companies, 2019-2023
Chart India carbonated soft drinks market, by companies, 2023
Table India carbonated soft drinks market share (%), by brands, 2019-2023
Chart India carbonated soft drinks market, by brands, 2023
Table India – population (millions) and forecast
Table India – consumer price index (CPI) and forecast
Table India – gross domestic product and forecast
Table India carbonated soft drinks market: spend as a proportion of GDP (%)
Table India carbonated soft drinks market: consumption per capita (population)