The U.S. soft drinks market size is anticipated to reach $388.4 billion by 2025 at a CAGR of 5.1 percent during the forecast period, according to Research and Markets. A growing population is providing a boost to the food and beverage sector, which in turn is propelling the U.S. soft drink market. In addition, easy availability and the low price of soft drinks are benefiting the growth of the market. However, increasing health concerns among consumers are poised to hamper growth prospects. The ready-to-drink tea segment is estimated to witness the fastest growth over the forecast period, owing to shift of consumers towards sugar-free, naturally made beverages, and healthier drinks. The prominent players in the market include The Coca-Cola Company, PepsiCo, Inc., Dr Pepper Snapple Group, Nestle and Red Bull GmbH. Full Story
Related: Bottled Water Still Top-Selling Beverage; CEO: Coca-Cola Not Interested in Cannabis-Infused Beverages.
from Specialty Food News https://ift.tt/2ASpJ7q
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