PUBLISHER: MarketLine | PRODUCT CODE: 1930568
PUBLISHER: MarketLine | PRODUCT CODE: 1930568
Global Soft Drinks industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The soft drinks market includes retail sales of carbonates, packaged water, energy drinks, iced/RTD tea drinks, still drinks, juice, and others. The scope of others includes bulk/HOD, enhanced water, flavored water, fruit powders, iced/RTD coffee drinks, nectars, sports drinks, and squash/syrups.
By distribution channel, the market is segmented into convenience stores, foodservice, supermarkets, hypermarkets, and others. The scope of others includes e-commerce, vending machines, food & drinks specialists, direct sellers, etc.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global soft drinks market recorded revenues of $1,057,287.9 million in 2024, representing a compound annual growth rate (CAGR) of 4.5% between 2019-24.
Market consumption volume increased with a CAGR of 2.3% between 2019-24, reaching a total of 911,289.9 million liters in 2024.
The global soft drinks market registered healthy growth during 2019-24 as consumer spending recovered after pandemic disruptions, supported by rapid urbanization across the region, such as Asia-Pacific, expanding middle-class purchasing power in the developing economies such as Indian and China, and strong demand for convenient, affordable beverages.