European Carbonated Soft Drinks Market Size Volume Per Capita by Country, 2023 Discover more data with ReportLinker!

USD 99.57 Billion in 2024; projected USD 144.06 Billion by 2033; CAGR 4.11%.

The Carbonated Beverages Market Report is Segmented by Product Type (Carbonated Soft Drinks, Carbonated Water, and More), Tier (Mass, Premium), Packaging Type (PET Bottles, Glass Bottles, Metal Can, Aseptic Packages), Distribution Channel (On-Trade, Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

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Soft Drinks Market Size 2025-2029

The soft drinks market size is forecast to increase by USD 982.4 billion, at a CAGR of 12.6% between 2024 and 2029.

The market is characterized by three key drivers: the hectic lifestyle leading to the need for instant energy, the increasing demand for craft soft drinks, and the challenges posed by rising obesity rates and related health issues. The contemporary consumer base, particularly in urban areas, is increasingly time-starved and seeks convenient energy boosters. Soft drinks, with their quick energy delivery, cater to this need effectively. Moreover, the emergence of craft soft drinks, with their unique flavors and artisanal appeal, has added a new dimension to the market. Consumers are no longer content with mass-produced, homogeneous offerings; they seek diverse, authentic, and high-quality beverage options. This trend is particularly prominent among millennials and Gen Z consumers, who are more likely to experiment with new flavors and brands. However, the market also faces significant challenges. The growing awareness of the health risks associated with excessive sugar consumption has led to increased scrutiny of the industry. Obesity rates, particularly among children, continue to rise, fueling concerns about the long-term health consequences of soft drink consumption. Governments and health organizations are responding with stricter regulations and public health campaigns, which could impact market growth. Companies must navigate these challenges by offering healthier alternatives, such as low-sugar or zero-sugar options, and by engaging in transparent marketing practices. By staying attuned to these market dynamics, companies can capitalize on the opportunities presented by the evolving soft drinks landscape while mitigating potential risks.

What will be the Size of the Soft Drinks Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market dynamics shaping its various sectors. Production capacity expands to meet consumer demand for an array of beverage offerings, from gourmet sodas and fruit juices to sports drinks and functional beverages. Taste perception remains a key driver, with flavor profiles constantly evolving to cater to changing preferences. Filtration systems and water treatment technologies ensure product quality, while manufacturing processes are optimized for energy efficiency. Health and wellness trends influence the market, leading to an increase in sugar-free options, organic choices, and natural ingredients. Vending machines and fountain dispensers are integrated into convenience stores and retail environments, providing consumers with easy access to their preferred beverages. Beverage dispensing systems, including draft systems and cold chain technologies, ensure product freshness and consistency. Artificial sweeteners and flavoring extracts are used to create low-calorie and sugar-free options, catering to consumer preferences for healthier alternatives. Quality control measures are implemented to maintain product integrity, while supply chain management and distribution channels are optimized for efficiency. Social media marketing and digital marketing strategies are employed to reach consumers effectively. Environmental impact is a growing concern, leading to innovations in water conservation and sustainable packaging formats. Product innovation continues to drive the market, with new offerings in specialty sodas, craft sodas, and functional beverages. Pricing strategies are adjusted to remain competitive, reflecting the ongoing unfolding of market activities and evolving patterns.

How is this Soft Drinks Industry segmented?

The soft drinks industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductCarbonated soft drinksJuices and juice concentratesBottled waterRTD tea and coffeeOthersDistribution ChannelOfflineOnlineGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW).

By Product Insights

The carbonated soft drinks segment is estimated to witness significant growth during the forecast period.The carbonated the market is undergoing a notable evolution, shaped by shifting consumer preferences and a growing focus on health and wellness. Traditional sales have plateaued, but the sector continues to expand through the introduction of innovative, healthier alternatives. Major players, such as PepsiCo and Coca-Cola, are adapting to this trend by reformulating their products with reduced sugar content and natural ingredients. This shift is most prominent in developed markets, where h

Europe Soft Drinks Concentrate with a market value of USD 95.55 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030

The global Carbonated Soft Drinks market is projected to experience robust growth, reaching an estimated market size of approximately $380-400 million by 2025, with a Compound Annual Growth Rate (CAGR) of around 4-5% anticipated between 2025 and 2033. This expansion is driven by a confluence of factors, including increasing disposable incomes in emerging economies, a burgeoning demand for convenient and refreshing beverages, and innovative product development that caters to evolving consumer preferences. The market is witnessing a surge in demand for diet and low-sugar alternatives, reflecting a growing health consciousness among consumers. Simultaneously, the introduction of novel fruit flavors and functional carbonated drinks is broadening the appeal of this segment. Key players are actively investing in marketing and distribution networks to capture a larger market share, particularly in rapidly developing regions like Asia Pacific. The market landscape for carbonated soft drinks is characterized by a dynamic interplay of growth drivers and potential restraints. While rising consumer preference for healthier options poses a challenge to traditional sugary beverages, the industry is proactively adapting by reformulating products and emphasizing the availability of low-calorie and zero-sugar variants. Competitive pricing strategies by discounters and convenience stores, along with the expanding reach of vending machines, are crucial for market penetration, especially among younger demographics. Geographically, North America and Europe continue to be significant markets, but the Asia Pacific region, fueled by a large population and increasing urbanization, is emerging as a pivotal growth engine. The strategic collaborations and mergers among major beverage corporations are also shaping the competitive environment, leading to a more consolidated market with a focus on product innovation and sustainable practices. Here is a comprehensive report description for Carbonated Soft Drinks, incorporating your requirements for structure, content, and estimations:

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Non Carbonated Soft Drinks Market Size 2025-2029

The non carbonated soft drinks market size is forecast to increase by USD 107.1 billion, at a CAGR of 9% between 2024 and 2029.

The market is experiencing significant shifts driven by evolving consumer preferences and the digital transformation of the beverage industry. Health and wellness concerns are increasingly influencing consumer choices, leading to a surge in demand for non-carbonated options. This trend is further amplified by the easy accessibility of substitutes, such as fruit juices, sports drinks, and functional beverages, which cater to health-conscious consumers. Meanwhile, the online presence of non-carbonated soft drinks is growing rapidly, enabling brands to reach consumers directly and expand their market reach. However, this digital transformation also presents challenges, as companies face increased competition and the need to differentiate their offerings to stand out in a crowded market. Additionally, the availability of various substitutes puts pressure on prices and margins, requiring companies to innovate and adapt to remain competitive. To capitalize on opportunities and navigate challenges effectively, market players must focus on product innovation, digital marketing strategies, and competitive pricing.

What will be the Size of the Non Carbonated Soft Drinks Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe non-carbonated soft drinks market continues to evolve, shaped by dynamic consumer preferences, industry trends, and technological advancements. Functional beverages, flavors, and extracts are increasingly popular, with a focus on natural and organic ingredients. Zero-sugar options and low-calorie alternatives are also gaining traction, driven by consumer health consciousness. Price sensitivity remains a significant factor, leading to various pricing strategies and distribution channels. Grocery stores and online retailers are major sales outlets, with sustainable packaging and recyclable materials becoming essential for brand loyalty. Innovation trends include plant-based beverages, ready-to-drink tea, and sustainable packaging. Digital marketing and social media campaigns are crucial for reaching consumers, while nutritional labeling and health claims are essential for transparency. Sustainability trends, such as raw material sourcing and production processes, are essential for reducing environmental footprint. Beverage industry trends include refrigerated storage, energy drinks, and sports drinks. Manufacturing facilities prioritize quality control and innovation, ensuring product differentiation and consumer preferences are met. Ingredient sourcing and sustainability are key considerations, with a focus on organic and natural ingredients. Growth potential is significant, with new product launches and distribution channels continually emerging. Beverage industry trends, such as high-intensity sweeteners and carbonated water, offer opportunities for expansion. The non-carbonated soft drinks market is a continuously unfolding landscape, shaped by consumer trends, industry innovations, and evolving market dynamics.

How is this Non Carbonated Soft Drinks Industry segmented?

The non carbonated soft drinks industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Product TypeFruit juicesSports drinksDistribution ChannelOfflineOnlinePackagingBottlesCansTetra packsOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Product Type Insights

The fruit juices segment is estimated to witness significant growth during the forecast period.In the evolving non-carbonated soft drink market, quality assurance and ingredient transparency are paramount. Consumers increasingly demand natural and organic ingredients, leading to a preference for juices made from fresh fruits without preservatives, artificial flavors, or excessive sugar. This trend extends to ready-to-drink teas, bottled water, and plant-based beverages, which often boast no artificial colors or high-fructose corn syrup. Product innovation and differentiation are key marketing strategies, with low-calorie options, zero-sugar alternatives, and functional beverages gaining traction. Digital marketing and social media campaigns play a significant role in reaching consumers, while sustainable packaging and recyclable materials align with environmental consciousness. Brand loyalty is a crucial factor, with consumers drawn to familiar names and trusted labels. Consumer preferences for long shelf life, convenience, a

Europe Packaged Non Alcoholic Beverages accounted for a share of over 30% of the global market size of USD XX million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030.

According to Cognitive Market Research, the global Carbonated Soft Drinks market size was USD 225614.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 90245.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 67684.3 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 51891.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 11280.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4512.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The Diet Cola is the fastest growing segment of the Carbonated Soft Drinks industry

Market Dynamics of Carbonated Soft Drinks Market

Key Drivers for Carbonated Soft Drinks Market

Consumer Preference for Refreshing Beverages to Boost Market Growth: Carbonated soft drinks are often seen as more refreshing and energizing than other non-carbonated beverages, thanks to their fizzy nature. This sensory appeal significantly boosts consumption, particularly in hot climates and during social events where cold, fizzy drinks are favored. According to Information Resources Inc. (IRI) based in Chicago, sales of carbonated beverages rose by 9.7%, reaching $35.1 billion in the 52 weeks ending May 15, across all U.S. multi-outlets. The wide range of flavors available, from classic cola and citrus to fruit-based options, gives consumers many choices. Continuous flavor innovations, including exotic, limited-edition, and seasonal varieties, further drive consumer demand.

Urbanization and Changing Lifestyles to Drive Market Growth: Urbanization, especially in emerging markets, is driving the demand for convenience-oriented products. As more people around the world move to cities, the proportion of the population living in urban areas has been steadily increasing. In 2012, 52.5% of the global population resided in urban areas, and this figure was projected to rise to 56.9% by 2022. The share is generally higher in developed regions (79.7% in 2022) compared to developing nations (52.3%). In least-developed countries (LDCs), urban dwellers make up a minority (35.8%). Over the past decade, urbanization has been most noticeable in developing economies, particularly in Asia and Oceania, where the urbanization rate increased from 44.0% in 2012 to 50.6% in 2022. Africa also saw a 4.6 percentage point increase during the same period. Carbonated soft drinks are widely available in supermarkets, convenience stores, vending machines, and fast-food outlets, aligning with the fast-paced urban lifestyle. As more people spend time away from home, especially in urban areas, the demand for ready-to-consume, portable beverages like soft drinks grows, with carbonated drinks often being the preferred choice for a quick and accessible refreshment.

Key Restraint Factor for the Carbonated Soft Drinks Market

Health Concerns and Growing Awareness Will Limit Market Growth: Increased health awareness, especially concerning obesity, diabetes, and heart disease, has led to a growing perception of carbonated soft drinks as unhealthy. These beverages are often high in sugar and artificial ingredients, which contribute to rising health issues. As consumers become more health-conscious, there is a shift away from sugary drinks toward healthier alternatives like bottled water, natural juices, and functional beverages. High sugar content is a significant concern for many consumers, particularly with increasing government regulations regarding sugar consumption. Sugar taxes or "soda taxes" in countries such as the UK, Mexico, and some parts of the US are reducing consumption of sugary soft drinks, limiting growth opportunities in certain markets.

Environmental Criticism Concerning Plastic Packaging Waste: The CSD sector is under increasing scrutiny regarding its role in plastic po...

Europe Soft Drinks Packaging Market is segmented by Material (Plastic, Paperboard, Metal, Glass and Others), by Products (Cans, Bottles, Pouches, Boxes, Metal Cans and Others), by Type (Carbonated Drinks, Juices, Energy Drinks, Alcoholic Drinks, RTD Beverages, Sports Drinks, Bottles Water and Others) and Country.

European Carbonated Soft Drinks Market Size Value Share by Country (Euros), 2023 Discover more data with ReportLinker!

In 2018, the Coca-Cola company was the leading company selling carbonated soft drinks with reduced sugar content in retail on 25 European markets. On these combined markets the company held a share of ** percent of the market and led competitor Pepsi by almost ** percent. A G Barr came in as the third largest company on the market with a share of *** percent. The rest of the market was made up by all other companies.

Carbonated Soft Drinks Market Outlook

As per our latest research, the global Carbonated Soft Drinks market size reached USD 253.1 billion in 2024, reflecting a robust consumer demand across both developed and emerging markets. The market is expected to register a CAGR of 4.2% during the forecast period, reaching a projected value of USD 362.4 billion by 2033. The growth of the carbonated soft drinks market is primarily driven by evolving consumer lifestyles, increased urbanization, and product innovations targeting health-conscious demographics. The industry continues to benefit from the expansion of distribution channels and the introduction of new flavors and packaging formats, further propelling market growth.

One of the most significant growth factors for the carbonated soft drinks market is the ongoing diversification of product portfolios by leading manufacturers. Companies are increasingly focusing on the development of low-calorie, sugar-free, and functional beverages to cater to the rising health awareness among consumers. This shift is particularly notable in mature markets such as North America and Europe, where consumers are more likely to seek alternatives to traditional sugary sodas. The integration of natural sweeteners, vitamins, and mineral fortification has not only expanded the consumer base but also enhanced the market’s appeal among millennials and Gen Z, who are highly conscious of both health and sustainability.

Another key driver is the rapid urbanization and changing consumption patterns in emerging economies. Urban populations, characterized by busy lifestyles and higher disposable incomes, are increasingly turning to on-the-go beverages, including carbonated soft drinks. The proliferation of modern retail formats such as supermarkets, hypermarkets, and convenience stores has further facilitated easy access to a wide range of carbonated beverages. Additionally, aggressive marketing campaigns, celebrity endorsements, and innovative packaging have played a crucial role in boosting brand visibility and consumer engagement, especially among younger demographics in Asia Pacific and Latin America.

The digital transformation of the retail sector has also significantly contributed to the growth of the carbonated soft drinks market. The rise of e-commerce platforms and online grocery channels has enabled brands to reach a broader audience and offer personalized promotions. This trend has been accelerated by the COVID-19 pandemic, which prompted a shift in consumer preferences toward contactless shopping and home delivery. As a result, manufacturers and retailers are investing heavily in digital marketing strategies, online-exclusive product launches, and direct-to-consumer models, thereby enhancing market penetration and customer loyalty.

Regionally, the Asia Pacific market stands out as the fastest-growing segment, driven by a large youth population, increasing disposable incomes, and the rapid expansion of retail infrastructure. North America and Europe remain mature markets with steady growth, supported by ongoing product innovation and a strong presence of leading brands. Meanwhile, Latin America and the Middle East & Africa are emerging as lucrative markets, fueled by urbanization and rising consumer aspirations. The competitive landscape is characterized by the presence of both global giants and regional players, fostering continuous innovation and adaptation to local preferences.

Product Type Analysis

The carbonated soft drinks market is segmented by product type into Cola, Lemon, Orange, and Others, each catering to distinct consumer preferences and regional tastes. Cola-based beverages continue to dominate the market, accounting for a significant share due to their widespread popularity and strong brand loyalty. The cola segment benefits from the legacy of iconic brands such as Coca-Cola and Pepsi, which have established a deep-rooted presence across both developed and emerging markets. These brands consistently invest in marke

Explore the dynamic global soft drink market, projected to reach over $161 billion with steady CAGR growth. Discover key drivers, trends, restraints, and market segmentation by type and application, including online and offline sales.

The Soft Drink and Bottled Water Production industry is experiencing significant shifts, shaped by evolving consumer preferences and global dynamics. Key trends include a heightened focus on reducing sugar content, environmental sustainability initiatives and innovation in packaging materials. These trends are driving producers to adapt, innovate and cater to a more health-conscious and eco-conscious consumer base. Revenue is expected to fall at a compound annual rate of 4.4% over the five years through 2024 to €71.3 million, including a forecast fall of 3.8% in 2024. The COVID-19 pandemic, hit drinks producers hard, cutting into sales in 2020 as on-trade markets were forced to close for long periods. As the hospitality sector bounces back and consumers prioritise health and sustainability, there are opportunities for growth in sales of both soft drinks and bottled water. Meeting changing consumer preferences and demonstrating a commitment to responsible and sustainable practices will be key to achieving higher sales. Revenue is forecast to grow at a compound annual rate of 2.8% over the five years through 2029 to €81.8 million. Producers will maintain a strong commitment to environmental sustainability and meeting health-conscious consumers’ demands. Producers are reevaluating their practices, embracing sustainable measures and innovating to meet the changing expectations and needs of their markets in an era of increasing environmental awareness and shifting consumer preferences.

Explore the dynamic carbonated beverage market, projected for substantial growth driven by innovation and evolving consumer preferences. Analyze key drivers, restraints, and regional trends shaping this multi-billion dollar industry through 2033.

Comparing the 25 selected regions regarding the combined revenue in the 'Soft Drinks' segment of the non-alcoholic drinks market, the United States is leading the ranking (****** billion U.S. dollars) and is followed by Nigeria with ***** billion U.S. dollars. At the other end of the spectrum is Iceland with **** billion U.S. dollars, indicating a difference of ****** billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Europe regarding revenue in the Non-Alcoholic Drinks market as a whole and a ranking of subsegments in Australia regarding revenue in the Non-Alcoholic Drinks market as a whole.The Statista Market Insights cover a broad range of additional markets.

Explore the dynamic carbonated drinks market with key insights, growth drivers, and segmentation analysis. Discover market trends, regional shares, and future projections for this evolving beverage sector.

The global carbonated drinks market is a dynamic and substantial sector, exhibiting a robust growth trajectory. While precise figures for market size and CAGR are not provided, industry reports consistently show a multi-billion dollar market, with growth driven by factors such as rising disposable incomes in emerging economies, increasing urbanization, and the continued popularity of convenient, ready-to-drink beverages. However, the market faces significant headwinds. Growing health consciousness among consumers, particularly concerning sugar intake, is driving a shift towards healthier alternatives like sparkling water and low-sugar options. This trend is evident in the rising popularity of diet cola and fruit-flavored carbonates, while standard cola segments face slower growth or even decline in some regions. Furthermore, environmental concerns related to plastic waste are prompting manufacturers to invest in sustainable packaging solutions like recyclable PET bottles and aluminum cans, impacting segmental growth across different packaging types. The dominance of major players like Coca-Cola and PepsiCo shapes market competition, yet smaller regional brands and innovative beverage companies are carving out niches with unique offerings and tailored marketing strategies. Regional variations are significant, with North America and Europe maintaining substantial market shares, while Asia-Pacific demonstrates rapid growth, driven by the expanding middle class in countries like China and India. The on-trade channel (restaurants, bars) remains vital, albeit facing fluctuating demand influenced by economic factors and social trends, while the off-trade segment (supermarkets, convenience stores, online) is steadily gaining traction fueled by e-commerce expansion and increased consumer convenience. Looking ahead, the carbonated drinks market will continue its evolution, driven by product innovation and changing consumer preferences. Companies are focusing on healthier formulations, including reduced sugar content, natural sweeteners, and functional ingredients. The rise of e-commerce will continue to reshape distribution channels, demanding increased logistical efficiency and effective online marketing strategies. Sustainable practices and environmentally friendly packaging will become increasingly important for brand image and consumer loyalty. Regional differences in growth rates will persist, reflecting variations in economic development, consumer behavior, and regulatory environments. Successful companies will be those that can adapt to these evolving dynamics by offering diversified product portfolios, embracing sustainable practices, and effectively targeting specific consumer segments across different regions and distribution channels. Recent developments include: December 2023: Kirin launched its Tokusei Ginger Ale Sour and sugar-free tea products, including black tea and Hojicha, in response to the growing demand for sugar-free beverages due to heightened health awareness in Japan. Kirin limited the availability of the Kirin Tokusei Ginger Ale Sour and sugar-free tea products to the local Japanese market as of 2023.October 2023: Coca-Cola launched Coca-Cola Y3000, the beverage is created with the help of artificial intelligence. Coca-Cola Y3000 is the latest limited-edition flavor to launch under its Coca-Cola Creations platform.January 2023: PepsiCo Inc. launched Starry, a tasting soda with a Lemon-Lime flavor. This drink is available in regular and zero-sugar versions.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Europe Soft Drinks Packaging Market Size was valued at USD 24.7 Billion in 2024 and is projected to reach USD 36.5 Billion by 2032, growing at a CAGR of 5.0% from 2026 to 2032.

Key Market Drivers

Growing Environmental Consciousness and Sustainable Packaging: Growing environmental awareness and demand for sustainable packaging are propelling the European Soft Drinks Packaging Market. With 94% of EU residents favoring environmental protection, the European Commission's Circular Economy Action Plan aims to make all packaging recyclable or reusable by 2030. This, combined with a recycling rate of 41.5% for plastic packaging in the EU, motivates businesses to invest in environmentally friendly packaging solutions, such as biodegradable materials and recyclable alternatives, to meet consumer demand and regulatory requirements, hence boosting market growth.