Soda water is fizzy water used for mixing with alcoholic drinks and fruit juice. Soda water is carbonated water and is often used for mixing with alcoholic drinks and fruit juice. Soda Water is carbonated water with a small amount of sodium bicarbonate (aka Baking Soda) in it. It is used in making many cocktails.
Soda water is water into which low levels of pressurized carbon dioxide has been dissolved. Soda water has long been considered a wholesome alternative to regular water. Soda water has that characteristic fizz and slightly sour flavor which is why it is preferred by those who dislike the flat taste of plain still water. And aside from it being a zero-calorie drink, soda water offers a handful of other health benefits as well.
Carbonated drinks are those drinks that bubbles and fizzes with dissolved carbon dioxide gas in it. Many people find the fizzy sensation to be pleasing and are fond of the slight different taste that carbon dioxide provides. The health concerns by the consumers are leading the manufacturers to shape their corporate strategy, with diet and low-calorie varieties in the global market. The industry has moved far beyond simply offering low or reduced-sugar versions of their brands, reformulating their products to include natural rather than artificial additives.
The global carbonated beverages market is expected to reach USD 412.5 billion by 2023, at a CAGR of 2.8%, during the forecast period. Carbonated beverages sector is one of the matured industries in the worldwide beverages market. In the recent past, the industry has undergone major changes regarding product innovations and offerings. To face the growing market challenges, companies are bringing new flavors keeping in mind the health and wellness concerns of consumers.
In the recent times, the global carbonated beverages market has undergone a number of changes and the scenario is projected to remain same over the next few years. The increasing base of the young population, specifically in developing economies, together with the rise in the purchasing power of consumers is anticipated to boost this market significantly in the years to come.
Some of the key players in the global soda production market are Jones Soda Co., Cott Corporation, The Coca-Cola Company, Trend Drinks, Faygo Beverages Inc., Asahi Soft Drinks Co. Ltd., Dr Pepper Snapple Group Inc., and PepsiCo Inc. The Coca-Cola Company holds the largest share in the market, followed by Pepsico Inc. and Dr Pepper Snapple Group Inc.