The global soft drinks market is expected to register a high growth rate during 2015- 2020 in terms of revenue. The market is expected to post a CAGR of 7.37% during the forecast period. This growth is due to an increase in the sale of premium-priced products such as RTD tea and coffee and functional drinks. Innovative marketing strategies by vendors, demand for adult soft drinks, and introduction of natural sweeteners such as stevia are some of the factors boosting the market.