What is Club Soda Market?
Club soda is used as a drink mixer in which the potassium bicarbonate, and potassium sulphate are added. It is the form of unflavoured carbonated water. Club soda can be consumed by the individuals who are looking to lose weight. In addition, it does not contain carbohydrates, fats and proteins except sodium and potassium. Furthermore, it is used as a cocktail mixer. These benefits are increasing the demand of club soda which is fuelling the market growth.
The market study is being classified by Type (Natural Club Soda and Blending Club Soda), by Application (Supermarket, Beverage Store, Online Store and Others) and major geographies with country level break-up.
Coca-Cola (United States), Cott (Canada), Danone (France), Dr. Pepper Snapple (United States), Nestle (Switzerland), PepsiCo (United States), A.G. Barr (United Kingdom), Crystal Geyser (United States), Tempo Beverages (Israel) and Vintage (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are VOSS (Norway), Whole Foods (United States), Sodastream (Israel), Watson Group (China) and Seagram's (Canada).
The market of Club Soda consists of major players who are looking for development of new products and to supply the products in various geographic regions through mergers and acquisitions. The emerging economies are to estimate positive growth due to the factors such as consumption of alcoholic beverages and increasing disposable income in upcoming years. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Club Soda market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Club Soda market by Type, Application and Region.
On the basis of geography, the market of Club Soda has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Inclination of consumers towards the low calorie drink or food
- Growing consumption of alcoholic beverages is leading to demand of club soda
Market Trend
- Changing lifestyle of the consumers
Restraints
- Availability of alternate products such as seltzer water
Opportunities
- Rising disposable income in emerging economies
Challenges
- Stiff competition due to the presence of major players
Market Leaders and some development strategies
In January 2019, Coca Cola has completed the acquisition of Costa. This acquisition will help the company for expansion of coffee category.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations and Government Agencies