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Download Free sampleThe global Soft Drinks market was valued at 11916.48 Million USD in 2021 and will grow with a CAGR of 4.25% from 2021 to 2027, based on newly published report.
The prime objective of Soft Drinks Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Soft Drinks Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Soft drink, any of a class of nonalcoholic beverages, usually but not necessarily carbonated, normally containing a natural or artificial sweetening agent, edible acids, natural or artificial flavors, and sometimes juice. Natural flavors are derived from fruits, nuts, berries, roots, herbs, and other plant sources. Soft drinks are called "soft" in contrast to "hard drinks" (alcoholic beverages). Small amounts of alcohol may be present in a soft drink, but the alcohol content must be less than 0.5% of the total volume if the drink is to be considered non-alcoholic. The global soft drink industry`s top four producers are estimated to account for 39.10% of industry capacity in 2015 with production facilities located around the world. Although not every country is exclusively dominated by multinational companies, these companies tend to dominate the markets in many countries, meaning that they also often directly control the bottling and distribution of their product. Correspondingly, they also have a great influence over most, if not all of the value chain through their superior bargaining power.
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