Straitsresearchtrendingreports: World Junk Food Day Bubbles Over as Carbonated Beverages Market Rises to USD 660.63 Billion by 2031

22 July 2025 | Pune, India — This World Junk Food Day, the spotlight is on one of the most iconic fizzy indulgences across the globe—carbonated beverages. From soft drinks to carbonated alcoholic beverages, the market is on a healthy growth trajectory, rising from USD 460.95 billion in 2022 to a projected USD 660.63 billion by 2031, at a CAGR of 4.08%.

But beyond the bubbles lies the science. A carbonated drink is a solution where the solvent is water and the solute is carbon dioxide gas, which is dissolved under pressure to give it that characteristic fizz. Upon opening the container, the pressure drops and the carbon dioxide escapes, creating the well-known effervescence. This solute and solvent interaction is what defines all carbonated beverages.

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Solute and Solvent Explained

Carbonated Beverages Solvent and Solute: Solvent – Water | Solute – Carbon dioxide
Vinegar Solute and Solvent: Solute – Acetic acid | Solvent – Water
Wine Solute and Solvent: Solute – Ethanol and other compounds | Solvent – Water
Orange Juice Solute and Solvent: Solute – Sugars, vitamins | Solvent – Water
Lemonade Solute and Solvent: Solute – Sugar, lemon extract | Solvent – Water
Detergent Solution Solute and Solvent: Solute – Detergent | Solvent – Water
Steel Solute and Solvent: Solute – Carbon | Solvent – Iron

What Are Carbonated Beverages?

Carbonated beverages include popular soft drinks, sparkling water, carbonated fruit juices, and carbonated alcoholic beverages like hard seltzers. They’re available in cola, fruit-based, and exotic flavors, with emerging health-forward variants that address concerns like "Are carbonated beverages bad for you?" While excessive consumption of sugary sodas may impact health, the rise of sugar-free, functional, and vitamin-infused sodas is reshaping perceptions.

Are carbonated beverages bad for you? That depends on the ingredients. Today’s consumers are gravitating toward non-carbonated beverages, natural flavors, and functional fizz to make smarter choices without giving up the sparkle.

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Carbonated Beverages Market Segmentations

By Product Type (2019-2031)

Soft Drinks
Carbonated Water
Sports and Energy Drinks
Others

By Flavor (2019-2031)

Cola
Fruit Based
Others

By Distribution Channel (2019-2031)

Hypermarkets and Supermarkets
Convenience Stores
Food Service Outlets
Transport Terminals
Online Stores and D2C

List of key players in Carbonated Beverages Market

ANADOLU GRUBU A.Åž
COCA-COLA FEMSA
Danone
Keurig Dr Pepper Inc
JONES SODA CO
Monster Energy Company
National Beverage Corp
Refresco Group
SODASTREAM INTERNATIONAL LTD
PepsiCo
The Coca-Cola Company
SUNTORY BEVERAGE & FOOD LIMITED

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Regional Highlights

North America dominates with its wide array of carbonated beverages and rising adoption of health-focused options.
Asia-Pacific is the fastest-growing region, where innovations like recycled rPET packaging and locally inspired flavors (e.g., Spyci Jeera) are making a big splash.

Celebrate World Junk Food Day with curiosity—whether you’re enjoying the tang of vinegar, the zest of lemonade, or the crisp chill of a carbonated drink, take a moment to toast the science of solute and solvent that brings every flavor to life.