Beverages and Soft Drinks Market Report 2025 (Global Edition)

Global Beverages and Soft Drinks Market Report 2025 Market Size Split by Type (Soft Drinks, Bottled Water, Tea & Coffee, Juice, Dairy Drinks, Others), by Product (Carbonated, Non-carbonated), by Distr...

Beverages and Soft Drinks Market Report Description

We have various report editions of Beverages and Soft Drinks Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Beverages and Soft Drinks Market Insights Video

Competitive Landscape of the Beverages and Soft Drinks Market

In the beverages and soft drinks market's competitive landscape, numerous key competitors are driving innovation and growth. Companies are experimenting with natural flavors and ingredients to provide distinct offers for younger, more experimental consumers. Sustainability will remain a top priority, with firms creating eco-friendly packaging and emphasizing their green initiatives. As competition heats up, product diversity through creative flavors, healthier formulae, and functional benefits will define new launches in 2024, with existing and developing brands vying for market dominance.

In June 2022, \Keurig Dr Pepper Inc., a company located in Quebec that specializes in producing and marketing alcoholic and non-alcoholic beverages, signed a formal agreement to purchase the global rights to the non-alcoholic, ready-to-drink cocktail brand Atypique. (Source: https://news.keurigdrpepper.com/2022-06-23-KEURIG-DR-PEPPER-TO-ACQUIRE-GLOBAL-RIGHTS-TO-NON-ALCOHOLIC-BRAND-ATYPIQUE) In January 2022, In January 2022, Monster Beverage announced a $330 million acquisition of the CANarchy Craft Collective. (Source: https://investors.monsterbevcorp.com/news-releases/news-release-details/monster-beverage-corporation-acquire-canarchy-craft-brewery#:~:text=News%20Release&text=CORONA%2C%20Calif.%20%2C%20Jan.,for%20%24330%20million%20in%20cash.)

Top Companies Market Share in Beverages and Soft Drinks Industry: (In no particular order of Rank)

• Dabur India Limited
• ITC Limited
• Nestle India Limited
• Bisleri International Private Limited
• Coca-Cola India Private Limited
• Hector Beverages Private Limited
• Parle Agro Pvt. Ltd
• PepsiCo Holdings India Private Limited
• PepsiCo Holdings India Private Limited
• Red Bull India Private Limited
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Beverages and Soft Drinks Market

Which Region Dominates the Beverages and Soft Drinks Market in 2024?

According to Cognitive Market Research, North America currently dominates the beverages and soft drinks market, and the region is expected to have significant growth during the projected period. This is due to a growing customer preference for healthier products. This trend is driving companies to innovate by providing sugar-free, low-calorie, and functional drinks for health-conscious consumers. Products fortified with vitamins, minerals, and plant-based components are in high demand as customers prioritize wellness. Furthermore, sustainability is a crucial motivator, with an increasing desire for environmentally friendly packaging and procedures.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Rapid urbanization and rising disposable incomes are driving demand for a wide range of beverages, from typical soft drinks to premium, health-conscious alternatives. Consumers in the region are shifting to low-sugar, functional, and plant-based beverages as they become more health-conscious. Furthermore, the growing middle class and younger populations are pushing up demand for unique and diverse flavors.

The current report Scope analyzes Beverages and Soft Drinks Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Beverages and Soft Drinks

According to Cognitive Market Research, the global beverages and soft drinks market size was estimated at USD 418254.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 167301.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the beverages and soft drinks market with a market size of USD 132001.12 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Increasing demand for sugar-free and functional beverages is driving the market, with health-conscious consumers seeking healthier alternatives.
• The Canada beverages and soft drinks market had a market share of USD 20076.22 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Growth is fueled by rising consumer interest in natural, organic, and plant-based beverages, alongside eco-friendly packaging initiatives.
• The Mexico beverages and soft drinks market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 15224.46 million in 2024.

Europe Beverages and Soft Drinks

According to Cognitive Market Research, the global beverages and soft drinks market size was estimated at USD 418254.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 125476.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom beverages and soft drinks market had a market share of USD 21080.03 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, beverages and soft drinks sales witness an upswing due to the shift towards low-calorie drinks, and government regulations on sugar content are pushing beverage companies to innovate..
• The France beverages and soft drinks market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 11543.82 million in 2024.
• According to Cognitive Market Research, the German beverages and soft drinks market size was valued at USD 24844.32 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, beverages and soft drinks surged due to functional drinks and a preference for sustainability.
• The Italy beverages and soft drinks market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 10790.97 million in 2024.
• The Russia beverages and soft drinks market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 19448.83 million in 2024.
• The Spain beverages and soft drinks market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 10289.06 million in 2024
• The Luxembourg beverages and soft drinks market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 3889.77 million in 2024.
• The Portugal beverages and soft drinks market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 2635.00 million in 2024.
• The Greece beverages and soft drinks market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 1505.72 million in 2024.
• The Rest of Europe's beverages and soft drinks market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 19448.83 million in 2024.

Asia Pacific Beverages and Soft Drinks

According to Cognitive Market Research, the global beverages and soft drinks market size was estimated at USD 418254.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 96198.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China beverages and soft drinks market size was valued at USD 43289.34 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Beverages and soft drinks surged in China due to rapid urbanization and higher disposable incomes.
• The Japan beverages and soft drinks market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 13275.40 million in 2024.
• The India beverages and soft drinks market had a market share of USD 11543.82 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. A growing middle class and increasing health awareness are driving demand for functional beverages, dairy drinks, and bottled water.
• The South Korean beverages and soft drinks market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 9619.85 million in 2024.
• The Australian beverages and soft drinks market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 5002.32 million in 2024.
• The South East Asia beverages and soft drinks market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 6637.70 million in 2024.
• The Rest of Asia Pacific beverages and soft drinks market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 6830.10 million in 2024.

South America Beverages and Soft Drinks

According to Cognitive Market Research, the global beverages and soft drinks market size was estimated at USD 418254.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 20912.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil beverages and soft drinks market size was valued at USD 8950.65 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Beverages and soft drinks flourished in Brazil due to the expanding popularity of energy drinks.
• Argentina's beverages and soft drinks market had a market share of USD 3513.34 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The market is being driven by a shift towards healthier beverages, including non-carbonated options, despite economic challenges.
• Colombia beverages and soft drinks market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1861.23 million in 2024.
• Peru beverages and soft drinks market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 1714.84 million in 2024.
• Chile beverages and soft drinks market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 1505.72 million in 2024.
• The Rest of Latin America's beverages and soft drinks market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 3366.95 million in 2024.

Middle East Beverages and Soft Drinks

According to Cognitive Market Research, the global beverages and soft drinks market size was estimated at USD 418254.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 8365.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries beverages and soft drinks market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 3580.26 million in 2024. Beverages and soft drinks sales flourish due to the demand for functional and premium beverages, including energy drinks and bottled water.
• The Egypt beverages and soft drinks market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 878.33 million in 2024.
• The South Africa beverages and soft drinks market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1321.68 million in 2024. Beverages and soft drinks sales flourished in South Africa due to increasing urbanization and the growing middle class.
• The Turkey beverages and soft drinks market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 719.40 million in 2024.
• The Nigeria beverages and soft drinks market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 878.33 million in 2024.
• The Rest of the MEA beverages and soft drinks market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 987.08 million in 2024.

Beverages and Soft Drinks Market Analysis

Beverages and Soft Drinks Market Type Segment Analysis

According to Cognitive Market Research, soft drinks beverages, and soft drinks are likely to dominate the beverages and soft drinks market over the forecast period. Soft drinks continue to dominate the worldwide beverages and soft drinks market due to their widespread consumption, strong brand presence, and considerable market share maintained by major firms such as Coca-Cola and PepsiCo. This sector comprises carbonated beverages, energy drinks, and flavored sodas, which are nevertheless popular in many areas despite health concerns.

The bottled water is the fastest-growing segment in the beverages and soft drinks market. Due to greater health awareness and a shift away from sugary drinks, consumers are increasingly choosing bottled water. Furthermore, the demand for premium and mineral-enhanced water, as well as eco-friendly packaging, is propelling rapid expansion in this market. The bottled water market's emphasis on hydration and wellness is consistent with current consumer trends, making it a key driver of development in the broader beverages and soft drink business.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Beverages and Soft Drinks Industry. Request a Free Sample PDF!

Beverages and Soft Drinks Market Product Segment Analysis

According to Cognitive Market Research, the carbonated segment holds the largest share of the market. Driven by the significant market presence of well-known brands such as Coca-Cola, Pepsi, and numerous energy drink producers. Despite health concerns about sugar content, carbonated beverages are nevertheless quite popular, thanks to their widespread availability and consumer devotion, particularly in developed economies.

In the beverages and soft drinks market, the non-carbonated has been expanding at a rapid pace. Spurred by increasing consumer demand for healthier alternatives. This category comprises bottled water, fruit juices, ready-to-drink teas, and functional beverages such as sports drinks and enhanced waters. Increased health awareness, combined with a shift toward natural ingredients and lower sugar content, is driving rapid growth in non-carbonated beverages, particularly in regions focusing on wellness and sustainability.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Beverages and Soft Drinks Distribution Channel Segment Analysis

Beverages and Soft Drinks Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the hypermarkets & supermarkets segment holds the largest market share. These stores provide a wide choice of beverage options, including both well-known and specialty brands, and attract customers because of their convenience, competitive pricing, and extensive product selection. Supermarkets and hypermarkets are still popular, particularly for bulk purchases and everyday grocery shopping.

In the beverages and soft drinks market, the rapidly growing sector is the online category. Consumers choose online platforms because they offer the ease of home delivery, subscription services, and the ability to compare pricing and items readily. Furthermore, firms are shifting their focus to direct-to-consumer (DTC) models, extending their presence in online retail, making it the market's fastest-growing distribution channel.

• Hypermarkets & Supermarkets
• Convenience Store
• Online
• Others

Beverages and Soft Drinks Price Segment Analysis

• Low
• Medium
• High

Beverages and Soft Drinks Packaging Segment Analysis

• Metal Cans
• Plastic Bottles
• Glass Bottles
• Others

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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