The Latest Soft Drink Industry Statistics Explained
The global soft drink market size was valued at $184.9 billion in 2020.
The statistic indicates that the total value of the global soft drink market was $184.9 billion in the year 2020. This figure represents the combined revenue generated from the sale of soft drinks around the world during that particular year. The significant market size highlights the widespread consumption and popularity of soft drinks among consumers globally. Factors such as changing lifestyles, increasing disposable income, and aggressive marketing strategies by industry players likely contributed to the substantial market valuation. Additionally, the statistic serves as a key indicator of the economic significance and market dominance of the soft drink industry on a global scale.
It’s forecasted that the soft drink industry revenue will reach $807.17 billion in 2025.
The statistic that the soft drink industry revenue is forecasted to reach $807.17 billion in 2025 suggests a significant growth trajectory for the industry over the coming years. This statistic provides valuable insight into the anticipated financial performance and expansion potential of the soft drink market, indicating a positive outlook for industry players and stakeholders. Such a forecasted revenue figure signifies the scale and economic impact of the soft drink industry globally, highlighting the continued consumer demand for soft drinks and the strong market presence of key players within the sector. This information can be used for strategic planning, investment decisions, and market analysis within the beverage industry.
In the United States, per capita soft drink consumption was around 38.87 gallons in 2019.
The statistic that per capita soft drink consumption in the United States was around 38.87 gallons in 2019 represents the average amount of soft drinks consumed by each individual in the country over the course of the year. This statistic provides insight into the popularity and prevalence of soft drinks as a beverage choice among Americans during that time period. It suggests that, on average, people in the United States consumed nearly 39 gallons of soft drinks per person in 2019, indicating a significant level of consumption of sugary beverages in the country. This statistic may be of interest to health professionals, policymakers, and consumers concerned about the impact of high soft drink consumption on health and well-being.
The Coca-Cola Company was the leading carbonated soft drink (CSD) company in the United States in 2015 with a market share of 44.3%.
The statistic indicates that in 2015, The Coca-Cola Company held the highest market share of carbonated soft drinks (CSD) in the United States at 44.3%. This means that nearly half of the CSD market in the US was dominated by Coca-Cola, making them the most popular and widely consumed brand in the industry during that year. This statistic highlights Coca-Cola’s significant influence and market power within the carbonated soft drink sector, positioning them as the leading company in a highly competitive market landscape.
The total market value of soft drinks in the United Kingdom was £17.4 billion in 2021.
The statistic indicates that the combined market value of all soft drink products sold in the United Kingdom amounted to £17.4 billion in the year 2021. This figure reflects the total worth of the market for soft drinks, encompassing various types such as carbonated beverages, juices, energy drinks, and bottled water. The value of the market is a key indicator of the size and importance of the soft drink industry within the UK economy, revealing the significant consumer demand and revenue generated by these products. Analyzing trends in market value can provide valuable insights for businesses, policymakers, and stakeholders in understanding consumer preferences, competition, and opportunities for growth within the soft drink sector.
Carbonated beverages make up 49.9% of the soft drinks market worldwide.
The statistic indicates that carbonated beverages account for nearly half, specifically 49.9%, of the overall market share within the soft drinks industry on a global scale. This suggests that carbonated drinks, such as sodas and sparkling water, are extremely popular and widely consumed by individuals worldwide. The dominance of carbonated beverages in the market highlights the significant preference and demand for these types of drinks among consumers. Additionally, this statistic can inform industry players and policymakers about the importance of carbonated beverages within the soft drinks sector, guiding marketing strategies, product development, and regulations within the industry.
62.0% of the U.S. population drinks diet soft drinks.
This statistic indicates that approximately 62.0% of the U.S. population consumes diet soft drinks. This percentage suggests that diet soft drinks are a popular choice among consumers in the United States. The high percentage of the population consuming diet soft drinks could be indicative of a variety of factors, such as a preference for low-calorie beverages, concerns about sugar consumption and its potential health effects, or marketing strategies employed by beverage companies. It is important to note that this statistic provides valuable insights into beverage consumption trends and consumer habits in the United States, which could have implications for public health policies and marketing strategies within the beverage industry.
Energy drinks are projected to be the fastest-growing segment of the soft drinks industry with a compound annual growth rate (CAGR) of 7% from 2020 to 2025.
The statistic indicates that energy drinks are expected to experience significant growth in the soft drinks industry over the next five years, with a projected compound annual growth rate (CAGR) of 7% from 2020 to 2025. This suggests that consumer demand for energy drinks is on the rise, outpacing the growth of other categories within the soft drinks industry. Factors such as changing lifestyles, increased focus on health and wellness, and the popularity of energy-boosting products could be driving this growth trend. The projected CAGR of 7% highlights the potential for expansion and market opportunity for energy drink manufacturers and retailers in the coming years, signaling a shift in consumer preferences towards these caffeine-infused beverages.
In 2020, Coca-Cola held a 43.7% share of the U.S. carbonated soft drinks market.
The statistic “In 2020, Coca-Cola held a 43.7% share of the U.S. carbonated soft drinks market” indicates that of all the carbonated soft drinks sold in the United States in 2020, Coca-Cola accounted for 43.7% of the market share. This means that Coca-Cola was the leading brand in the carbonated soft drinks category, with a substantial portion of the market dominated by its products. The statistic highlights Coca-Cola’s strong presence and popularity in the U.S. market, emphasizing its competitive position and influence in the industry against other soft drink brands.
In 2020, PepsiCo held a 24.9% share of the U.S. carbonated soft drinks market.
The statistic indicates that in 2020, PepsiCo, a major player in the beverage industry, controlled nearly a quarter of the U.S. carbonated soft drinks market. This market share figure reveals PepsiCo’s significant influence and competitive position within the industry, showcasing the company’s success in attracting consumers and competing with other beverage companies. A 24.9% share suggests that PepsiCo was a strong contender in the carbonated soft drinks market, reflecting its ability to effectively market its products, cultivate brand loyalty, and meet consumer demands. This metric provides valuable insights into PepsiCo’s market performance and standing compared to its competitors in the U.S. beverage industry in 2020.
The global consumption volume of carbonated soft drinks was around 198.65 billion liters in 2020.
The statistic indicates that the total amount of carbonated soft drinks consumed worldwide in 2020 was approximately 198.65 billion liters. This data point provides valuable insight into the popularity and widespread consumption of carbonated beverages across different countries and regions. The sheer volume of consumption underscores the significant role that carbonated soft drinks play in the global beverage market and highlights the widespread appeal of these products among consumers. Analyzing trends and patterns in consumption volume can offer important information for industries, policymakers, and health advocates seeking to understand and address the implications of high carbonated soft drink consumption on public health, the environment, and the economy.
Diet Mountain Dew is the fourth highest selling carbonated soft drink in the United States in 2020.
The statistic that Diet Mountain Dew is the fourth highest selling carbonated soft drink in the United States in 2020 indicates that among all carbonated beverages within the market, Diet Mountain Dew ranked as the fourth most popular choice in terms of sales volume during that year. This suggests that Diet Mountain Dew has a significant market presence and consumer demand compared to its competitors within the carbonated soft drink industry in the United States. The ranking reflects the beverage’s popularity and competitive positioning within the market landscape, showcasing its appeal to consumers seeking a low-calorie or diet alternative in the soda category.
In 2019, around 62% of American adults drank regular soft drinks.
The statistic “In 2019, around 62% of American adults drank regular soft drinks” indicates that a majority of American adults consumed regular soft drinks during that year. This percentage suggests that soft drink consumption was relatively common among the adult population in the United States in 2019. This information is important for understanding dietary habits and trends within the American population during that time period. It could also offer insights into potential health implications associated with the consumption of sugary beverages and their impact on public health and wellness.
In 2020, the fruit beverages market size in India was approximately 450 billion Indian rupees.
The statistic indicates that in 2020, the total value of the fruit beverages market in India was estimated to be around 450 billion Indian rupees. This implies the overall economic significance of the fruit beverages industry within the country during that year. The market size represents the total revenue generated by all the businesses operating within the fruit beverages sector. This statistic provides insight into the scale of consumer demand for fruit beverages, the level of competition among industry players, and the potential for growth and investment in the market. Analyzing such market size information is crucial for companies looking to enter or expand in the fruit beverages industry and for policymakers aiming to understand its contribution to the Indian economy.
In Australia, the total volume of carbonated soft drinks sold was about 1.25 billion liters in 2016.
The statistic indicates that in Australia in the year 2016, approximately 1.25 billion liters of carbonated soft drinks were sold. This figure represents the total volume of sales for this specific category of beverages for that particular year. The consumption of carbonated soft drinks serves as an indicator of the popularity and demand for such products within the Australian market. Analyzing this statistic could provide insights into consumer behavior, industry trends, and the overall economic landscape related to the beverage industry in Australia during that period. Additionally, this data point may be utilized by stakeholders such as beverage companies, marketers, policymakers, and health advocates to better understand consumption patterns and make informed decisions.
The market size of the Soft Drink Manufacturing industry in the US grew 2.3% per year on average between 2016 and 2021.
The statistic indicates that the market size of the Soft Drink Manufacturing industry in the US experienced an average annual growth rate of 2.3% between the years 2016 and 2021. This growth rate suggests that the industry expanded steadily over the five-year period, likely driven by factors such as changing consumer preferences, marketing strategies, and economic conditions. A growing market size signifies increased revenue and demand for soft drinks within the industry, which could potentially signal healthy profitability and investment opportunities for companies operating in this sector. This statistic provides valuable insights into the industry’s performance and highlights a positive trend in its growth trajectory over the specified period.
By 2024, sports drinks in Australia are projected to reach sales of $1.4 billion.
The statistic “By 2024, sports drinks in Australia are projected to reach sales of $1.4 billion” indicates that the market for sports drinks in Australia is expected to experience significant growth over the next few years, with sales expected to reach a substantial financial milestone of $1.4 billion by the year 2024. This projection suggests a strong demand for sports drinks in the Australian market, driven by factors such as increasing health consciousness, a growing focus on fitness and sports activities, and potentially changing consumer preferences towards healthier beverage options. The data signals an expanding market opportunity for manufacturers and retailers of sports drinks to capitalize on the anticipated growth and meet the evolving needs and preferences of Australian consumers.
Carbonated Soft Drinks (CSD) held the largest share in the soft drinks industry in Mexico with a sales volume of over 11 billion liters in 2020.
The statistic indicates that Carbonated Soft Drinks (CSD) captured the highest market share within the soft drinks industry in Mexico in 2020, as evidenced by their sales volume exceeding 11 billion liters. This suggests that CSDs were the most popular and widely consumed type of soft drink in the country during that year. The large volume of sales highlights the significant demand for carbonated beverages among Mexican consumers, which could be attributed to factors such as taste preferences, brand loyalty, affordability, and marketing strategies employed by CSD companies. This statistic is pivotal for industry analysts, policymakers, and soft drink companies, as it provides insights into consumer behavior and market trends within the Mexican soft drinks sector.
In 2020, ‘Sprite’ was China’s most popular carbonated soft drink brand, with a market share of 14.8%.
The statistic that ‘Sprite’ was China’s most popular carbonated soft drink brand in 2020, with a market share of 14.8%, indicates that a significant portion of the carbonated soft drink market in China was captured by the brand. A market share of 14.8% suggests that nearly 1 in 7 carbonated soft drinks consumed in China in 2020 were ‘Sprite’. This also implies that ‘Sprite’ likely held a competitive edge over other brands operating in the same market, demonstrating strong consumer preference and brand loyalty towards ‘Sprite’. The statistic highlights the popularity and success of ‘Sprite’ as a preferred choice among consumers in China’s carbonated soft drink sector during the year 2020.
Conclusion
Overall, the soft drink industry statistics paint a dynamic picture of a highly competitive market with shifting consumer preferences and trends. By staying informed on key data points such as market share, consumption patterns, and revenue figures, businesses in the soft drink industry can make informed decisions to adapt and thrive in an ever-evolving landscape.
References
0. – https://www.www.ibisworld.com
1. – https://www.www.statista.com
2. – https://www.www.reportsanddata.com
3. – https://www.www.prnewswire.com
4. – https://www.www.beveragedaily.com
