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The global club soda market size reached approximately USD 12.94 billion in 2023. The market is further projected to grow at a CAGR of 5.6% between 2024 and 2032, reaching a value of USD 21.21 billion by 2032.
Club soda is artificially carbonated water that contains potassium sulphate, potassium citrate, sodium bicarbonate, and potassium bicarbonate. It is commonly used as a drink mixer for cocktails, including fall and winter cocktails as the bubbly beverage provides a mild salty taste.
On the basis of packaging, the market is divided into cans, glass bottles, and plastic bottles. Based on distribution channels, the market is classified into hypermarkets/ supermarkets, speciality stores, convenience stores, and online stores, among others. On the basis of region, the club soda market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Cans are expected to account for a significant club soda market share in the coming years. This growth can be attributed to their cost efficient and easy to handle nature. Moreover, aluminium cans contain significant recycled content, are cheaper to manufacture, and have a smaller carbon footprint as compared to glass bottles, while offering superior protection against oxygen contamination and ultraviolet light. Club soda cans are also preferred by various business owners as they reduce the package weight, resulting in decreased transportation and shipping costs.
North America is anticipated to account for a significant share of market over the forecast period owing to rising consumption of refreshing and calorie free beverages due to growing health awareness among the regional population. Increasing product innovations by manufacturers along with exploration of unique packaging styles and novel flavours are further boosting the club soda market demand. Rising consumption of customised beverages, as they allow consumers to enjoy drinks catered to their personal flavour profile and preferences is also increasing the utilisation of club soda in North America.
The Coca-Cola Company, headquartered in Georgia, United States, is a beverage company that offers over five hundred brands. The product portfolio of the company includes green tea, soy-based beverages, juices, and club soda, among others.
Keurig Dr Pepper, Inc., headquartered in Massachusetts, United States, is one of the leading distributors and producers of cold and hot beverages. The brand portfolio of the company includes Core, Snapple, Dr Pepper, and Canada Dry, among others.
Fevertree Limited, headquartered in London, England, is a beverage manufacturing company that was founded in 2003. The company offers ginger ale, sparkling lemon water, Mediterranean tonic water, club soda, and quinine tonic water.
Other club soda market key players include East Imperial Beverages Corporation, Polar Beverages Inc., White Rock Company, Faygo Beverages, Inc., The Kroger Co., and Bisleri International Pvt. Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Packaging |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 12.94 billion in 2023.
The market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 21.21 billion by 2032.
The major market drivers include packaging innovations and utilisation of environmentally friendly materials and rising consumption of cocktails and beverages derived from club soda.
The key trends fuelling the growth of the market include introduction of novel flavours and increased availability of club soda across various distribution channels.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The packaging available in the market include cans, glass bottles, and plastic bottles.
The key players in the market are The Coca-Cola Company, Keurig Dr Pepper, Inc., East Imperial Beverages Corporation, Fevertree Limited, Polar Beverages Inc., White Rock Company, Faygo Beverages, Inc., The Kroger Co., and Bisleri International Pvt. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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