Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Soft Drinks Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Soft Drinks Market Growth?
The market size of the soft drinks sector has seen significant growth recently. It is expected to increase from $458.67 billion in 2024 to $482.25 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%.
What Is the Predicted Industry Size and CAGR of the Soft Drinks Market in 2029?
The Soft Drinks Global Market Report 2025 predicts that by 2029, the soft drinks market will reach a value of $582.89 billion, with a compound annual growth rate (CAGR) of 4.9%.
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Which Factors Are Driving Growth in the Soft Drinks Market?
The key drivers in the soft drinks market are:
• Surge in health and wellness trends impacting product choices
• Emphasis on sustainability practices in production and packaging
• Rise in premiumization and craft soft drinks
• Shift towards reduced sugar and functional ingredient usage
Which Segment Trends Are Covered in the Soft Drinks Market Forecast?
The soft drinksmarket covered in this report is segmented –
1) By Product: Carbonated Soft Drinks, Juices And juice concentrates, Bottled Water, Ready-To-Drink (RTD) Tea And Coffee, Other Products
2) By Flavors: Cola, Citrus, Other Flavors
3) By Distribution Channel: Offline, Online
4) By Application: Supermarket, Convenience Store, Online Stores, Other Applications
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What Are the Current Market Trends in the Soft Drinks Industry?
The key trends in the soft drinks market are:
• The market is moving towards the production of low/no-calorie and sugar-free options as part of health and wellness trends.
• There is a rising trend of premiumization and craft soft drinks in the market.
• Sustainable practices and packaging are increasingly influencing the soft drinks market.
• Diversification of flavors and ingredients, using alternative and sustainable sweeteners, appears to be a significant emerging trend.
Who are the Key Companies in the Soft Drinks Market?
Major players in the soft drinks market are:
• Pepsico. Inc.
• The Coca-Cola Company
• Keurig Dr Pepper Inc.
• Red Bull GmbH
• Monster Energy Company
• Asahi Group Holdings Ltd.
• Kirin Brewery Company Limited
• National Beverage Corp.
• Arizona Beverage Company
• Parle Agro Pvt Ltd.
• Postobon S.A.
• Purity Soft Drinks Ltd.
• Britvic plc
• Suntory Holdings Limited
• Cott Corporation
• Big Red Inc.
• Faygo Beverages Inc.
• Jones Soda Co.
• Polar Beverages
• Royal Crown Cola International
• Shasta Beverages Inc.
• Sodastream International Ltd.
• The Boston Beer Company
• Talking Rain Beverage Co.
• Ajegroup
What are the Regional Trends Across the Soft Drinks Market?
North America was the largest region in the soft drinks market in 2024
