Soft Drinks Market size was estimated to reach USD 592.86 billion by 2028
Soft Drinks Industry Overview The global soft drinks market size was valued at USD 416.19 Billion in 2021 and is expected to expand at a CAGR of 5.2% from 2022 to 2028. Rising disposal incomes, changing lifestyle, and a growing population is expected to promote market growth over the next few years. The growing demand for clean-label, gluten-free, low-calorie, and low-carb products drives the global soft drinks market. Additionally, rising popularity among the millennials and increasing investments in R&D in the food and beverage sector are expected to drive the industry demand. Gather more insights about the market drivers, restrains and growth of the Global Soft Drinks Market Beverages are liquid food that can be consumed by citizens for hydration or as a source of energy. Different type of drinks is available in the market that satisfies the demand of the citizens. Soft drinks are made from flavors, sweetening agents, and edible acids. Soft drinks are broadly c...