Ghana Carbonated Soft Drinks Market 2024

$ 250

Description

Market Overview

According to the latest research, the carbonated soft drinks market in Ghana is poised to grow by USD 448.2 million during 2024-2029, progressing at a CAGR of 12.2% during the forecast period. Carbonated soft drinks (CSD) are a major segment of the non-alcoholic beverage industry, known for their fizzy and refreshing taste. These beverages are produced by infusing carbon dioxide gas into liquids under high pressure, resulting in their characteristic effervescence. CSDs encompass a wide variety of flavors, including colas, lemon-lime, orange, and other fruit flavors.

Urbanization has played a significant role in the expansion of the CSD market in Ghana. As more people move to urban areas, they adopt busier lifestyles that favor the convenience of ready-to-drink beverages. This shift has increased the demand for carbonated soft drinks, which are readily available in urban retail outlets, supermarkets, and convenience stores.

Increasing disposable incomes among the middle class have also contributed to the growth of the CSD market. With more spending power, consumers are more likely to purchase non-essential, pleasure-oriented products such as soft drinks. This trend is particularly evident among younger consumers, who are drawn to the wide variety of flavors and the social appeal of these beverages.

The report provides a comprehensive overview of the Ghana carbonated soft drinks industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as type, product, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the carbonated soft drinks industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the carbonated soft drinks industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The carbonated soft drinks market in Ghana is segmented as below:
Type: regular, and reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others
Packaging: glass bottles, metal cans, and plastic bottles
Distribution channel: convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, foodservice channels, and others

The Ghana carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. By type, the carbonated soft drinks market in Ghana has been segmented into regular, and reduced sugar/sugar-free. Based upon product, the carbonated soft drinks market in Ghana is categorized into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. On the basis of packaging, the carbonated soft drinks market in Ghana has been segmented into glass bottles, metal cans, and plastic bottles. By distribution channel, the carbonated soft drinks market in Ghana has been segmented into convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.

Competitive Landscape

The Ghana carbonated soft drinks market is highly competitive. The carbonated soft drinks market is dominated by key players, which are Blow Chem Industries Ltd., Kasapreko Company Limited (KCL), Monarch Beverage Company, Multipac Ltd., PepsiCo Inc., SABMiller plc, The Coca-Cola Company.

The report is an indispensable tool for companies and organizations operating in the carbonated soft drinks industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the carbonated soft drinks market.

Why Buy This Report?

Provide statistical data or estimations for the Ghana carbonated soft drinks market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the carbonated soft drinks market in Ghana
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the carbonated soft drinks market in Ghana looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Ghana Carbonated Soft Drinks Market – Type Analysis
3.1 Regular
3.2 Reduced sugar/sugar-free
4. Ghana Carbonated Soft Drinks Market – Product Analysis
4.1 Colas
4.2 Carbonated orange drinks
4.3 Lemonade and lime
4.4 Tonic water and mixers
4.5 Others
5. Ghana Carbonated Soft Drinks Market – Packaging Analysis
5.1 Glass bottles
5.2 Metal cans
5.3 Plastic bottles
6. Ghana Carbonated Soft Drinks Market – Distribution Channel Analysis
6.1 Convenience stores
6.2 Forecourt retailers
6.3 Supermarkets and hypermarkets
6.4 Small grocery stores
6.5 Foodservice channels
6.6 Others
7. Company Profiles
7.1 Blow Chem Industries Ltd.
7.2 Kasapreko Company Limited (KCL)
7.3 Monarch Beverage Company
7.4 Multipac Ltd.
7.5 PepsiCo, Inc.
7.6 SABMiller plc
7.7 The Coca-Cola Company
DISCLAIMER

Companies Mentioned

Blow Chem Industries Ltd.
Kasapreko Company Limited (KCL)
Monarch Beverage Company
Multipac Ltd.
PepsiCo, Inc.
SABMiller plc
The Coca-Cola Company

Additional information

Product Type

Industry Statistics
Release Date

May 2024
Base Year

2023
Forecast Period

2024-2029
Market Size

USD 448.2 Mn incremental growth between 2024 and 2029
Market Segments

Type, Product, Packaging, Distribution Channel
Region

Ghana
No. of Companies Mentioned

7