Executive Summary

Azoth Analytics has released a research report titled "Global Functional & Regular Soda Market (2023 Edition)" which provides a complete analysis of the Global Functional & Regular Soda industry in terms of market segmentation By Category (Regular Soda, Functional Soda), Type (Standard, Diet, Fruit Flavored, Others), Distribution Channels (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, Others) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The research report covers a detailed analysis of the regions (Americas, Europe, APAC, Middle East Africa) and 10 countries (United States, Canada, Mexico, United Kingdom, Germany, France, Spain, China, India, Japan). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.

The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

The Functional and Regular Soda is expected to generate USD 67.2 Billion by the end of 2029, up from USD 38.2 Billion in 2022. The Functional and Regular Soda market is witnessing growth, driven by the increasing urbanization rate, increasing demand for functional sodas, and technological advancements in Functional and Regular Soda manufacturing. This exclusive report delves into the current state of the Functional and Regular Soda market, highlights key trends shaping its growth, explores emerging opportunities, and discusses challenges faced by industries.

The growing awareness of functional benefits has led to the expansion of the functional soda segment. Functional sodas, with their emphasis on health and wellness, are gaining popularity among a wide range of consumers, including those seeking low-sugar options, natural ingredients, and specific health solutions. This segment is witnessing innovation in terms of ingredients, formulations, and flavors, catering to diverse consumer needs and preferences.

As a result, the growing awareness of functional benefits is reshaping the overall functional and regular soda market by driving consumer preferences, expanding the functional soda segment, influencing healthier alternatives in regular soda, blurring boundaries between the two segments, stimulating innovation, and shaping consumer perception. This trend reflects the evolving consumer demand for beverages that align with their health and wellness goals.



For the functional soda market, the challenge lies in educating consumers about the health benefits of these products while also convincing them that they taste great. Meanwhile, the regular soda market faces challenges related to the growing concern around sugar intake and obesity rates, leading to a push for healthier options within the category. The functional soda market offers a chance for brands to differentiate themselves by providing unique combinations of ingredients that offer specific health benefits. Meanwhile, the regular soda market can continue to innovate and introduce new flavor profiles to keep up with changing consumer preferences.

Geographically, the Americas is the largest market for Functional and Regular Sodas because major soda brands, both functional and regular, have a strong presence, and the American lifestyle, characterized by busy schedules, on-the-go consumption, and a penchant for convenience, aligns well with the appeal of soda as a quick and refreshing beverage option. Additionally, cultural factors, such as the prevalence of social gatherings, sporting events, and celebrations, contribute to the popularity of soda as a beverage choice. This extensive infrastructure allows for easy accessibility and availability of soda products, further fueling the market growth.

As consumers become more health-conscious and prioritize wellness, their preferences are shifting toward beverages that offer functional benefits. This shift has led to an increased demand for functional sodas, which are perceived as healthier alternatives to regular sodas. Consumers are actively seeking beverages that provide hydration, natural ingredients, and additional health benefits, such as vitamins, minerals, antioxidants, and herbal extracts.



Scope of the Report:

• The report analyses the Functional & Regular Soda Market by Value (USD Million).

• The report presents the analysis of the Functional & Regular Soda Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.

• The report analyses the Functional & Regular Soda Market by Category (Regular Soda, Functional Soda).

• The report analyses the Functional & Regular Soda Market by Type (Standard, Diet, Fruit Flavored, Others).

• The report analyses the Functional & Regular Soda Market by Distribution Channels (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, Others).

• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by services, by mode of operation & by end users.

• Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Olipop, Poppi, Culture Pop, De La Calle, The Coca-Cola Company, Pepsico, Suntory, Keurig Dr. Pepper, National Beverage Corp., and Kirin Holdings Co. Ltd.

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology



2. Analyst Recommendations

2.1 Focus on Expanding Distribution Network

2.2 Focus on Product Quality & Taste Enhancement



3. Global Functional & Regular Soda Market: Historic and Forecast (2019-2029)

3.1 Impact Analysis of Macro Economic Factors on Functional & Regular Soda Market

3.2 Top 15 Soda-Consuming Countries, 2020

3.3 Global Beverage Consumption, 2021, By Categories (Per Capita Consumption, Litres)

3.4 Global Functional & Regular Soda Market: Dashboard

3.5 Global Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

3.6 Average Selling Price Assessment of Functional & Regular Soda

3.7 Global Impact of COVID-19 on Functional & Regular Soda Market

3.8 Global Functional & Regular Soda Market Segmentation: By Category

3.8.1 Global Functional & Regular Soda Market, By Category Overview

3.8.2 Global Functional & Regular Soda Market Size, By Regular Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

3.8.3 Global Functional & Regular Soda Market Size, By Functional Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

3.9 Global Functional & Regular Soda Market Segmentation: By Type

3.9.1 Global Functional & Regular Soda Market, By Type Overview

3.9.2 Global Functional & Regular Soda Market Size, By Standard, By Value, 2019H-2029F (USD MILLION & CAGR)

3.9.3 Global Functional & Regular Soda Market Size, By Diet, By Value, 2019H-2029F (USD MILLION & CAGR)

3.9.4 Global Functional & Regular Soda Market Size, By Fruit Flavored, By Value, 2019H-2029F (USD MILLION & CAGR)

3.9.5 Global Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

3.10 Global Functional & Regular Soda Market Segmentation: By Distribution Channels

3.10.1 Global Functional & Regular Soda Market, By Distribution Channels Overview

3.10.2 Global Functional & Regular Soda Market Size, By Hypermarket/Supermarket, By Value, 2019H-2029F (USD MILLION & CAGR)

3.10.3 Global Functional & Regular Soda Market Size, By Specialty Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

3.10.4 Global Functional & Regular Soda Market Size, By Online Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

3.10.5 Global Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)



4. Functional & Regular Soda Market, Region Analysis

4.1 Regional Coverage of the Study

4.2 Regional Snapshot



5. Americas Functional & Regular Soda Market: Historic and Forecast (2019-2029)

5.1 Americas Functional & Regular Soda Market: Snapshot

5.2 Americas Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

5.3 Americas Functional & Regular Soda Market: Key Factors

5.4 Americas Functional & Regular Soda Market Segmentation: By Category

5.4.1 Americas Functional & Regular Soda Market, By Category Overview

5.4.2 Americas Functional & Regular Soda Market Size, By Regular Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

5.4.3 Americas Functional & Regular Soda Market Size, By Functional Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

5.5 Americas Functional & Regular Soda Market Segmentation: By Type

5.5.1 Americas Functional & Regular Soda Market, By Type Overview

5.5.2 Americas Functional & Regular Soda Market Size, By Standard, By Value, 2019H-2029F (USD MILLION & CAGR)

5.5.3 Americas Functional & Regular Soda Market Size, By Diet, By Value, 2019H-2029F (USD MILLION & CAGR)

5.5.4 Americas Functional & Regular Soda Market Size, By Fruit Flavored, By Value, 2019H-2029F (USD MILLION & CAGR)

5.5.5 Americas Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

5.6 Americas Functional & Regular Soda Market Segmentation: By Distribution Channels

5.6.1 Americas Functional & Regular Soda Market, By Distribution Channels Overview

5.6.2 Americas Functional & Regular Soda Market Size, By Hypermarket/Supermarket, By Value, 2019H-2029F (USD MILLION & CAGR)

5.6.3 Americas Functional & Regular Soda Market Size, By Specialty Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

5.6.4 Americas Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

5.7 Americas Functional & Regular Soda Market Segmentation: By Country

5.7.1 United States Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

5.7.1.1 United States Functional & Regular Soda Market, By Category

5.7.1.2 United States Functional & Regular Soda Market, By Type

5.7.1.3 United States Functional & Regular Soda Market, By Distribution Channels

5.7.2 Canada Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

5.7.2.1 Canada Functional & Regular Soda Market, By Category

5.7.2.2 Canada Functional & Regular Soda Market, By Type

5.7.2.3 Canada Functional & Regular Soda Market, By Distribution Channels

5.7.3 Brazil Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

5.7.3.1 Mexico Functional & Regular Soda Market, By Category

5.7.3.2 Mexico Functional & Regular Soda Market, By Type

5.7.3.3 Mexico Functional & Regular Soda Market, By Distribution Channels

5.7.4 Rest of Americas Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

5.7.4.1 Rest of Americas Functional & Regular Soda Market, By Category

5.7.4.2 Rest of Americas Functional & Regular Soda Market, By Type

5.7.4.3 Rest of Americas Functional & Regular Soda Market, By Distribution Channels



6. Europe Functional & Regular Soda Market: Historic and Forecast (2019-2029)

6.1 Europe Functional & Regular Soda Market: Snapshot

6.2 Europe Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.3 Europe Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (Million sq. mtr.)

6.4 Europe Functional & Regular Soda Market: Key Factors

6.5 Europe Functional & Regular Soda Market Segmentation: By Category

6.5.1 Europe Functional & Regular Soda Market, By Category Overview

6.5.2 Europe Functional & Regular Soda Market Size, By Regular Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

6.5.3 Europe Functional & Regular Soda Market Size, By Functional Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

6.7 Europe Functional & Regular Soda Market Segmentation: By Type

6.6.1 Europe Functional & Regular Soda Market, By Type Overview

6.6.2 Europe Functional & Regular Soda Market Size, By Standard, By Value, 2019H-2029F (USD MILLION & CAGR)

6.6.3 Europe Functional & Regular Soda Market Size, By Diet, By Value, 2019H-2029F (USD MILLION & CAGR)

6.6.4 Europe Functional & Regular Soda Market Size, By Fruit Flavored, By Value, 2019H-2029F (USD MILLION & CAGR)

6.6.5 Europe Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

6.7 Europe Functional & Regular Soda Market Segmentation: By Distribution Channels

6.7.1 Europe Functional & Regular Soda Market, By Distribution Channels Overview

6.7.2 Europe Functional & Regular Soda Market Size, By Hypermarket/Supermarket, By Value, 2019H-2029F (USD MILLION & CAGR)

6.7.3 Europe Functional & Regular Soda Market Size, By Specialty Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

6.7.4 Europe Functional & Regular Soda Market Size, By Online Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

6.7.5 Europe Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

6.8 Europe Functional & Regular Soda Market Segmentation: By Country

6.8.1 United Kingdom Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.8.1.1 United Kingdom Functional & Regular Soda Market, By Category

6.8.1.2 United Kingdom Functional & Regular Soda Market, By Type

6.8.1.3 United Kingdom Functional & Regular Soda Market, By Distribution Channels

6.8.2 Germany Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.8.2.1 Germany Functional & Regular Soda Market, By Category

6.8.2.3 Germany Functional & Regular Soda Market, By Type

6.8.2.4 Germany Functional & Regular Soda Market, By Distribution Channels

6.8.3 France Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.8.3.1 France Functional & Regular Soda Market, By Category

6.8.3.2 France Functional & Regular Soda Market, By Type

6.8.3.3 France Functional & Regular Soda Market, By Distribution Channels

6.8.3 Spain Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.8.3.1 Spain Functional & Regular Soda Market, By Category

6.8.3.2 Spain Functional & Regular Soda Market, By Type

6.8.3.3 Spain Functional & Regular Soda Market, By Distribution Channels

6.8.4 Rest of Europe Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

6.8.4.1 Rest of Europe Functional & Regular Soda Market, By Category

6.8.4.2 Rest of Europe Functional & Regular Soda Market, By Type

6.8.4.3 Rest of Europe Functional & Regular Soda Market, By Distribution Channels



7. Asia Pacific Functional & Regular Soda Market: Historic and Forecast (2019-2029)

7.1 Asia Pacific Functional & Regular Soda Market: Snapshot

7.2 Asia Pacific Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

7.4 Asia Pacific Functional & Regular Soda Market: Key Factors

7.6 Asia Pacific Functional & Regular Soda Market Segmentation: By Category

7.5.1 Asia Pacific Functional & Regular Soda Market, By Category Overview

7.5.2 Asia Pacific Functional & Regular Soda Market Size, By Regular Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

7.5.3 Asia Pacific Functional & Regular Soda Market Size, By Functional Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

7.7 Asia Pacific Functional & Regular Soda Market Segmentation: By Type

7.6.1 Asia Pacific Functional & Regular Soda Market, By Type Overview

7.6.2 Asia Pacific Functional & Regular Soda Market Size, By Standard, By Value, 2019H-2029F (USD MILLION & CAGR)

7.6.3 Asia Pacific Functional & Regular Soda Market Size, By Diet, By Value, 2019H-2029F (USD MILLION & CAGR)

7.6.4 Asia Pacific Functional & Regular Soda Market Size, By Fruit Flavored, By Value, 2019H-2029F (USD MILLION & CAGR)

7.6.4 Asia Pacific Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

7.7 Asia Pacific Functional & Regular Soda Market Segmentation: By Distribution Channels

7.7.1 Asia Pacific Functional & Regular Soda Market, By Distribution Channels Overview

7.7.2 Asia Pacific Functional & Regular Soda Market Size, By Hypermarket/Supermarket, By Value, 2019H-2029F (USD MILLION & CAGR)

7.7.3 Asia Pacific Functional & Regular Soda Market Size, By Specialty Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

7.7.3 Asia Pacific Functional & Regular Soda Market Size, By Online Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

7.7.3 Asia Pacific Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

7.8 Asia Pacific Functional & Regular Soda Market Segmentation: By Country

7.8.1 China Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

7.8.1.1 China Functional & Regular Soda Market, By Category

7.8.1.2 China Functional & Regular Soda Market, By Type

7.8.1.3 China Functional & Regular Soda Market, By Distribution Channels

7.8.2 India Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

7.8.2.1 India Functional & Regular Soda Market, By Category

7.8.2.2 India Functional & Regular Soda Market, By Type

7.8.2.3 India Functional & Regular Soda Market, By Distribution Channels

7.8.3 Japan Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

7.8.3.1 Japan Functional & Regular Soda Market, By Category

7.8.3.2 Japan Functional & Regular Soda Market, By Type

7.8.3.3 Japan Functional & Regular Soda Market, By Distribution Channels

7.8.5 Rest of APAC Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

7.8.5.1 Rest of APAC Functional & Regular Soda Market, By Category

7.8.5.2 Rest of APAC Functional & Regular Soda Market, By Type

7.8.5.3 Rest of APAC Functional & Regular Soda Market, By Distribution Channels



8. Middle East & Africa Functional & Regular Soda Market: Historic and Forecast (2019-2029)

8.1 Middle East & Africa Functional & Regular Soda Market: Snapshot

8.2 Middle East & Africa Functional & Regular Soda Market: Market Size and CAGR, 2019-2029 (USD MILLION & CAGR)

8.3 Middle East & Africa Functional & Regular Soda Market: Key Factors

8.4 Middle East & Africa Functional & Regular Soda Market Segmentation: By Category

8.5.1 Middle East & Africa Functional & Regular Soda Market, By Category Overview

8.5.2 Middle East & Africa Functional & Regular Soda Market Size, By Regular Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

8.5.3 Middle East & Africa Functional & Regular Soda Market Size, By Functional Soda, By Value, 2019H-2029F (USD MILLION & CAGR)

8.6 Middle East & Africa Functional & Regular Soda Market Segmentation: By Type

8.6.1 Middle East & Africa Functional & Regular Soda Market, By Type Overview

8.6.2 Middle East & Africa Functional & Regular Soda Market Size, By Standard, By Value, 2019H-2029F (USD MILLION & CAGR)

8.6.3 Middle East & Africa Functional & Regular Soda Market Size, By Diet, By Value, 2019H-2029F (USD MILLION & CAGR)

8.6.4 Middle East & Africa Functional & Regular Soda Market Size, By Fruit Flavored, By Value, 2019H-2029F (USD MILLION & CAGR)

8.6.4 Middle East & Africa Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)

8.7 Middle East & Africa Functional & Regular Soda Market Segmentation: By Distribution Channels

8.7.1 Middle East & Africa Functional & Regular Soda Market, By Distribution Channels Overview

8.7.2 Middle East & Africa Functional & Regular Soda Market Size, By Hypermarket/Supermarket, By Value, 2019H-2029F (USD MILLION & CAGR)

8.7.3 Middle East & Africa Functional & Regular Soda Market Size, By Specialty Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

8.7.4 Middle East & Africa Functional & Regular Soda Market Size, By Online Stores, By Value, 2019H-2029F (USD MILLION & CAGR)

8.7.5 Middle East & Africa Functional & Regular Soda Market Size, By Others, By Value, 2019H-2029F (USD MILLION & CAGR)



9. Market Dynamics

9.1 Impact Assessment of Market Dynamics on Functional & Regular Soda Market

9.2 Drivers

9.3 Restraints

9.4 Trends



10. Industry Ecosystem Analysis

10.1 Macro-Economic Factor Assessment

10.2 Value Chain Analysis

10.3 Porter Analysis



11. Competitive Positioning

11.1 Companies' Product Positioning

11.2 Market Position Matrix

11.3 Market Share Analysis of Functional & Regular Soda Market

11.4 Company Profiles

11.4.1 Olipop

11.4.2 Poppi

11.4.3 Culture Pop

11.4.4 De La Calle

11.4.5 The Coca-Cola Company

11.4.6 Pepsico

11.4.7 Keurig Dr. Pepper

11.4.8 Suntory

11.4.9 National Beverage

11.4.10 Kirin Holdings Co. Ltd.

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