Global Grape Soda
Market Report
2024
The Global Grape Soda Market size is USD 5.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Grape Soda Market size is USD 5.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Grape Soda Market Sales Revenue 2023 | $ 5.9 Billion |
Global Grape Soda Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
North America Grape Soda Market Sales Revenue 2023 | $ 2.12 Billion |
Europe Grape Soda Market Sales Revenue 2023 | $ 1.77 Billion |
Europe Grape Soda Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
Asia Pacific Grape Soda Market Sales Revenue 2023 | $ 1.53 Billion |
South America Grape Soda Market Sales Revenue 2023 | $ 0.3 Billion |
South America Grape Soda Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Middle East and Africa Grape Soda Market Sales Revenue 2023 | $ 0.18 Billion |
Middle East and Africa Grape Soda Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Grape Soda Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The grape soda market's substantial growth is a direct response to the increasing consumer desire for unique and distinctive flavors, prompting beverage companies to innovate and expand their grape soda offerings to cater to this demand. The grape soda market has responded to the growing demand for healthier options driven by consumer health-consciousness by introducing lower-calorie or sugar-free variants, leading to market evolution and encouraging companies to align their products with changing consumer preferences.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Grape Soda industry.
For instance, the Coca-Cola Company has completed its acquisition of full ownership of BODYARMOR, a sports performance and hydration beverage line, enhancing Coca-Cola's portfolio and growth potential, after initially purchasing a 15% stake in 2018 and paying $5.6 billion in cash for the remaining 85%.
The growing consumer demand for unique and distinctive flavors significantly drives the Grape Soda Market. As consumers increasingly seek novel taste experiences, grape soda, with its sweet and fruity profile, stands out as an appealing choice. This heightened demand compels beverage companies to innovate by introducing new grape soda varieties and flavor combinations, enticing consumers to explore these offerings. The cause-and-effect relationship is evident: the consumer's desire for exceptional flavor experiences motivates beverage companies to invest in the development and marketing of grape soda, resulting in substantial market expansion.
The trend toward healthier lifestyles and reduced sugar consumption has catalyzed innovation in the grape soda market. To align with health-conscious consumers' dietary preferences, many companies have introduced lower-calorie or sugar-free grape soda options. This shift in consumer demand has prompted the market to evolve, with companies actively developing and offering healthier grape soda choices. The cause-and-effect relationship is evident: increased health consciousness among consumers catalyzes the development of healthier grape soda products, ultimately expanding market opportunities and encouraging companies to adapt to the changing consumer landscape.
The heightened awareness of environmental sustainability and the detrimental impact of single-use plastic packaging in the beverage industry has significant repercussions for the grape soda market. Given that grape soda is often packaged in single-use plastic bottles, it has come under scrutiny for its contribution to plastic waste and pollution. This growing environmental concern may result in negative publicity and, in more severe cases, potential boycotts by environmentally-conscious consumers. Such actions can significantly affect the market's reputation and profitability. Consequently, it underscores the necessity for grape soda manufacturers to consider and invest in eco-friendly packaging solutions to mitigate these environmental concerns and adapt to changing consumer expectations.
The COVID-19 pandemic had a multifaceted impact on the Grape Soda Market. Initially, disruptions in the supply chain caused production and distribution challenges, affecting the availability of grape soda. As lockdowns and restrictions kept people at home, there was an upsurge in demand for grocery store beverages, boosting at-home consumption. However, economic uncertainties and heightened health-conscious behavior led some consumers to reduce their soda intake in favor of healthier alternatives, impacting sales. Additionally, the closure of entertainment venues and events that typically serve soda had a negative effect. This pandemic highlighted the need for adaptability and e-commerce in the beverage industry, prompting companies to pivot their strategies to meet evolving consumer demands, resulting in a mixed impact on the grape soda market.
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In the Grape Soda Market, major players compete through strategic initiatives, technology upgrades, and product expansion. These companies offer diverse grape soda solutions with global distribution networks and strengthen their market position through partnerships, acquisitions, and product innovation.
Top Companies Market Share in Grape Soda Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America is at the forefront of the Grape Soda Market, with the United States and Canada driving this position. The region's prominence can be attributed to a well-established and mature beverage industry, a strong consumer preference for grape-flavored beverages, and an extensive network of distribution channels. North America's continuous product innovations, effective marketing strategies, and tradition of grape soda consumption have solidified its leadership in the market.
The market's stability and consumer loyalty in North America make it the primary driver of global grape soda sales. The Asia-Pacific region is experiencing the most rapid expansion within the Grape Soda Market. This growth is fueled by shifting consumer preferences, increasing urbanization, and a rising middle-class population with higher disposable incomes. The growing awareness and popularity of grape soda in the region are attracting beverage companies keen to tap into this burgeoning market. The Asia-Pacific's vast population and diverse consumer base present significant opportunities, making it a focal point for global grape soda industry expansion efforts.
The current report Scope analyzes Grape Soda Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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North America Grape Soda Market Analysis:
According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 36% of the global revenue due to several variables. The Grape Soda Market in North America has witnessed steady growth, propelled by the enduring popularity of grape-flavored beverages in the region. Grape soda, a beloved classic in the soft drink category, continues to attract a dedicated consumer base spanning generations. This enduring appeal can be attributed to its sweet and fruity taste, making it a timeless favorite among consumers. In conclusion, the North American Grape Soda Market remains a robust and enduring segment within the soft drink industry, catering to consumers seeking a refreshing and nostalgic beverage choice. Its continued popularity is indicative of the enduring appeal of classic flavors, and with evolving consumer preferences, it's poised to maintain its presence in the region's beverage landscape.
Europe Grape Soda Market Analysis:
Europe holds a substantial stake in the global Grape Soda Market, accounting for approximately 30% of the industry. Over the forecast period, it is poised to exhibit a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 4.1%. This growth is expected to result in a market size of approximately 1.77 billion USD. Within the European Grape Soda market, the segment showing significant growth is Purple Grape Soda, driven by its rising popularity among consumers. Furthermore, the domination in this market is led by the Supermarkets/Hypermarkets distribution channel, owing to their widespread presence and convenience. On the other hand, the fastest-growing region in the European Grape Soda market is anticipated to be Eastern Europe, where increasing consumer demand is fostering rapid market expansion.
Asia Pacific Grape Soda Market Analysis:
According to Cognitive Market Research, Asia Pacific is the fastest growing in the market in 2023 and accounted for a share of more than 26% of the global revenue due to several variables. The Grape Soda Market in the Asia Pacific is steadily gaining momentum, driven by changing consumer preferences, evolving beverage trends, and a growing thirst for unique and refreshing flavors. Grape soda, once a niche product in the region, has seen increased popularity due to its distinct taste and appeal to a wide demographic, from children to adults. With consumers seeking alternatives to traditional carbonated beverages, grape soda has emerged as an attractive choice. Moreover, beverage manufacturers are introducing innovative packaging and marketing strategies to captivate the market. The Asia Pacific market's potential for further expansion is substantial, given the region's vast population and increasing disposable incomes. As consumers continue to explore diverse beverage options, the Grape Soda Market is set to remain a dynamic and evolving segment of the soft drink industry in the Asia Pacific.
South America Grape Soda Market Analysis:
South America plays a noteworthy role in the global Grape Soda Market, contributing approximately 5% to the industry. Over the forecast period, it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 4.8%, culminating in a market size of around 0.30 billion USD. In the South American Grape Soda market, Purple Grape Soda stands out as the segment displaying significant growth, driven by its increasing popularity among consumers seeking diverse and unique flavors. Moreover, the domination in this market is led by Supermarkets/Hypermarkets, reflecting their extensive reach and consumer preference. The fastest-growing region within South America's Grape Soda market is anticipated to be Central America, where rising consumer demand and economic development are fueling rapid market expansion.
Middle East and Africa Grape Soda Market Analysis:
Middle East & Africa's role in the global Grape Soda Market is notable, contributing around 3% to the industry. Projections for the forecast period indicate a strong growth trajectory, with an expected Compound Annual Growth Rate (CAGR) of 4.9%, resulting in a market size of approximately 0.18 billion USD. In the Middle East & Africa Grape Soda market, the Purple Grape Soda segment is witnessing significant growth, reflecting the rising consumer preference for its unique flavor profile. Supermarkets/Hypermarkets dominate this market, offering consumers a convenient and diverse range of options. As for the fastest-growing region, North Africa is poised for rapid market expansion, driven by increasing consumer demand and economic development in the region.
Global Grape Soda Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Grape Soda Industry growth. Grape Soda market has been segmented with the help of its Type, Application , and others. Grape Soda market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Grape Soda Market, "Purple Grape Soda," emerges as the largest category, benefiting from its familiar and widely appreciated grape flavor, which has established a significant market presence.
"Diet Grape Soda" represents the fastest-growing segment, capitalizing on the rising health-consciousness among consumers who seek low-calorie and sugar-free alternatives. This growth is a direct response to evolving consumer preferences and their increasing inclination toward healthier beverage choices, making "Diet Grape Soda" a rapidly expanding category in the grape soda market.
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Within the Grape Soda Market, the largest segment is Supermarkets/Hypermarkets due to their extensive reach and ability to offer a wide variety of beverage options, including grape soda, driven by high foot traffic and accessibility.
In contrast, the fastest-growing segment is Online Sales, fueled by evolving consumer preferences and the convenience of e-commerce, allowing consumers to shop for grape soda easily and have it delivered to their doorstep. The shift to online platforms has accelerated significantly, particularly during the COVID-19 pandemic, making it a convenient and accessible choice for consumers seeking grape soda.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Grape Soda Market is witnessing significant growth in the near future.
In 2023, the Green Grape Soda segment accounted for noticeable share of global Grape Soda Market and is projected to experience significant growth in the near future.
The Supermarkets/Hypermarkets segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies The Coca-Cola Company , Dr. Pepper Snapple Group (now part of Keurig Dr. Pepper) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Green Grape Soda, Purple Grape Soda, Red Grape Soda, Sparkling Grape Soda, Diet Grape Soda, Other |
Application | Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Restaurants/Cafes, Vending Machines, Others |
List of Competitors | The Coca-Cola Company, PepsiCo Inc., Dr. Pepper Snapple Group (now part of Keurig Dr. Pepper), Keurig Dr. Pepper, National Beverage Corp. (makers of Shasta), Cott Corporation (now part of Refresco), Faygo (National Beverage Corp. subsidiary), Crush (Keurig Dr. Pepper brand), Welch's, Stewart's Shops (maker of Stewart's Grape Soda), Jarritos (Hawthorne, CA-based Mexican soda brand), Jones Soda Co., Nehi (Dr. Pepper Snapple Group brand), Boylan Bottling Co., A-Treat Beverages |
This chapter will help you gain GLOBAL Market Analysis of Grape Soda. Further deep in this chapter, you will be able to review Global Grape Soda Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Grape Soda market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Green Grape Soda have a significant impact on Grape Soda market? |
What are the key factors affecting the Green Grape Soda and Purple Grape Soda of Grape Soda Market? |
What is the CAGR/Growth Rate of Supermarkets/Hypermarkets during the forecast period? |
By type, which segment accounted for largest share of the global Grape Soda Market? |
Which region is expected to dominate the global Grape Soda Market within the forecast period? |
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