Soda is a popular beverage enjoyed by people of all ages all over the world. The global sparkling water market size was valued at USD 27.6 billion in 2020 and is expected to grow at a CAGR of 5.5% from 2021 to 2028.

Well-known soda water brands in the market:
There are various well-known brands of soda on the market today, including Coca-Cola, Pepsi, Nestle, Danone, and Keurig Dr. Pepper.

Current soda price analysis:
Soda prices vary by brand and region. In the US, for example, the average price of a 12-pack of soda is between $3 and $5.

Who is the main buyer of soda water:
Major buyers of soda include supermarkets, convenience stores, restaurants, and households.

How much capital investment is required to produce soda water:
The amount of capital required to invest in producing soda varies with the size of the operation. A small line can cost between $50,000 and $100,000, while a large line can cost over $1 million. This requires you to specify the capital investment based on your region and the unit price of soda.

Soda Prospect Analysis:
The demand for sparkling water is expected to continue growing owing to rising health awareness among consumers and popularity of carbonated water as an alternative to sugary beverages. Moreover, the increasing trend of mixing sodas with alcohol is also contributing to the increase in demand for sodas. However, the market is highly competitive and new entrants need to differentiate in order to succeed. In addition, although glass and aluminum cans are a long-term trend, due to price and transportation reasons, the main packaging for soda is still plastic bottles. Most of the soda water in the market is still mainly packaged in plastic bottles.