Soda Maker Market Segmented By Carbonating Bottles, Italian Sodas, Soda Mixes Product Type in Economy/ Mid-Range and Premium price range
Industry: Consumer Goods
Published Date: July-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 200
Report ID: PMRREP32266
The global soda maker market is projected to expand at 5.34% CAGR and reach US$ 2.14 billion by the end of 2033, up from its current market value of US$ 1.27 billion in 2023.
A soda maker is a device used to carbonate water, allowing users to make their carbonated beverages at home or in commercial places. It is also known as a carbonation machine or sparkling water maker. This device provides a convenient and cost-effective way to create fizzy drinks by adding carbon dioxide to water.
Soda makers come in different types and designs such as countertop and handheld and are used in residential as well as commercial sectors, as they provide customizable and freshly carbonated beverages to their customers and employees.
The flexibility of offering a variety of carbonated beverages, including sparkling water, soda, flavored drinks, and even homemade cocktails, makes soda makers a convenient and customizable alternative to store-bought carbonated beverages. This allows users to control the level of carbonation, flavorings, and sweetness according to their preferences.
| Attribute | Key Insights |
|---|---|
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Soda Maker Market Size (2022A) |
US$ 1.21 billion |
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Estimated Market Value (2023E) |
US$ 1.27 billion |
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Projected Sales of Soda Makers (2033F) |
US$ 2.14 billion |
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Value CAGR (2023 to 2033) |
5.34% |
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Collective Value Share: Top 3 Countries (2022) |
25% to 35% |
The market expanded at a CAGR of 5.1% between 2018 and 2022 and is expected to advance at a CAGR of 5.34% through 2033, driven by the shift toward healthier alternatives to sugary soft drinks and carbonated beverages. Soda makers provide a convenient way to create homemade carbonated beverages with lower sugar content and customizable flavor options. As the focus on health continues to grow, demand for soda makers as a healthier beverage solution is expected to increase.
Manufacturers are integrating innovations such as smart features, automated settings, and enhanced carbonation systems into soda makers. These advancements improve user experience and offer convenience, attracting consumers looking for advanced and user-friendly soda maker options. Manufacturers are designing soda makers tailored to individual interests while also expanding their distribution channels, thereby procuring larger market revenue.
“Rising Home Beverage Consumption and Expansion of Restaurants & Cafes Offering Customized Beverage Options”
Due to the increase in people spending more time indoors, there has been a rise in the consumption of beverages at home. Soda makers offer a convenient solution for making carbonated drinks within the home environment. Consumers can enjoy carbonated beverages without the need to visit restaurants, cafes, or convenience stores. The shift towards home beverage consumption has contributed to the demand for soda makers.
Expansion of cafes, restaurants, offices, and other commercial establishments has proven beneficial for soda makers. These establishments can offer customizable and freshly carbonated beverages to their customers, creating a demand for soda makers that cater to commercial needs. Capitalizing on this market segment with specially designed soda makers can lead to increased sales volume and potential business partnerships, further driving the demand for soda makers.
“High Upfront Cost Associated with Soda Maker Installation and Limited Availability of CO2 Cylinders”
Soda makers face competition from well-established brands for bottled and canned carbonated beverages available in the market, as they often have extensive distribution networks, strong brand recognition, and a wide range of flavors. Soda maker manufacturers face difficulties in breaking through consumer loyalty to well-established soda brands.
The upfront cost associated with purchasing soda makers and the required CO2 cylinders are limiting their sales. Soda makers require CO2 cylinders for carbonation, and availability and cost of refills can be a constraint as users need to either refill or exchange the empty CO2 cylinders, which can be an inconvenience if refilling stations or exchanges are not readily accessible.
How are Sales of Soda Makers Faring in the United States?
“Wide Distribution Network and Strong Online Retail Presence of Soda Maker Manufacturers”
The United States market is anticipated to expand at a CAGR of 3.5% during the forecast period. The market in the United States is driven by consumers’ preference for carbonated beverages, health-conscious trends, desire for customization, and sustainability concerns.
Soda maker companies in the United States have a significant opportunity due to their strong distribution network, online retail presence, and diverse range of flavor options.
Presence of well-established soda maker brands in the United States is notable.
What is the Growth Projection for the Sales of Soda Makers in the United Kingdom?
“Preference for Personalized Beverages Driven by Rising Health & Wellness Consciousness”
Sales of soda makers in the United Kingdom are expected to advance at 4% CAGR during the projection period. Consumers’ focus on health and wellness and sustainability and preference for personalized beverages have fueled market growth. There is also a growing demand for premium soda maker brands and flavor innovations in the country.
Growth of e-commerce platforms in the United Kingdom has made it easier for consumers to gain access to a diverse range of soda makers. Online shopping provides convenience, a wider range of options, and the ability to compare prices.
What is Influencing the Demand for Soda Makers in India?
“Rising Urbanization and Health Propelling Sales of Soda Makers”
India accounted for 4.3% share of the global market in 2022.
Demand for soda makers in India is fueled by urbanization and changing lifestyles. The market is diverse, with both local and international brands catering to various consumer preferences. Additionally, the rising health consciousness and preference for homemade and customized beverages are contributing to market growth. Traditional Indian carbonated drinks like "soda" and 'sherbet' are popular, and there is a growing demand for healthier alternatives to sugary drinks.
Which Product Type Accounts for High Demand in the Market?
“Huge Popularity of Electric Soda Makers for Preparing Convenient Home Sparkling Drinks”
Demand for electric soda makers is anticipated to rise at 4% CAGR through 2033.
Electric soda makers are in high demand, as they offer a convenient and automated way to make sparkling drinks at home. This type of soda maker provides a user-friendly and efficient solution for making carbonated beverages.
Why are Countertop Soda Makers So Popular?
“Compact Size and User-Friendly Operation of Countertop Soda Makers”
The countertop segment held 41% share of the global soda maker market in 2022.
A countertop soda maker offers a compact and convenient solution for carbonating water and creating carbonated beverages at home. Its compact size and user-friendly operation make it suitable for everyday use. Countertop soda makers also offer customization and control over carbonation levels, allowing users to create their desired fizzy drinks with ease.
How is Expansion of the Commercial Sector Helping the Soda Maker Market?
“Extensive Utilization of Soda Makers in Hotels, Cafes, and Restaurants”
The commercial segment is anticipated to advance at a CAGR of 5% over the projection period.
Expansion of hotels, restaurants, and cafes has contributed to the growth of the market. Soda manufacturers can meet the needs of the commercial sector by offering customizable and freshly carbonated beverages based on consumers’ preferences.
The soda maker market is highly competitive, with a range of brands and models available at different price points. Some of the leading brands in the market include Drinkmate Inc., Whirlpool Corporation, Blue Flag, and SodaStream International Ltd. These players focus on research & development, as they strive to introduce technologically advanced products to enhance their market presence.
For Instance:
| Attribute | Details |
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Forecast Period |
2023 to 2033 |
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Historical Data Available for |
2018 to 2022 |
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Market Analysis |
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Key Market Segments Covered |
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Key Companies Profiled |
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Customization & Pricing |
Available upon Request |
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From 2018 and 2022, the global soda maker market increased at 5.1% CAGR.
Worldwide sales of soda makers are estimated at US$ 1.27 billion in 2023.
North America accounted for a leading share of the global market in 2022.
Drinkmate, Whirlpool Corporation, Blue Flag, and SodaStream International are leading players in this market.
The global market for soda makers is forecasted to expand at 5.34% CAGR through 2033.
