GITNUX MARKETDATA REPORT 2024

Must-Know Soft Drink Sales Statistics [Latest Report]

Highlights: The Most Important Soft Drink Sales Statistics

  • The global soft drink market was valued at $337.8 billion in 2020.
  • North America accounted for the largest market share in the global soft drink market in 2019, with 30.4%.
  • The U.S. soft drink industry is worth approximately $178.8 billion.
  • Carbonated soft drink sales have been decreasing since 2004, which is mainly attributed to shifts in consumer preferences towards healthier options.
  • Bottled water sales have surpassed soda sales in the United States in recent years.
  • In 2018, energy drink sales in the United States reached approximately $11 billion.
  • The Asia Pacific soft drink market is expected to grow at a CAGR of 3.22% from 2021 to 2028.
  • The global soft drink industry is expected to decline at a compound annual growth rate (CAGR) of -1.23% between 2020 and 2025.
  • Diet Coke was the second-best-selling soft drink in the United States in 2021, with sales of $5.89 billion.
  • In 2021, soft drink sales in the off-trade sector were worth £3.58 billion in the United Kingdom.
  • Sugar taxes have led to a 10% drop in soft drink sales in regions such as Philadelphia (USA) and Mexico.
  • Soft drink sales in Canada reached 2.34 billion liters in 2019.
  • The fruit beverage segment holds 74.7% of the soft drink market share in India.
  • The soft drink industry in Australia is worth approximately AUD $7 billion.
  • PET bottles accounted for 58.3% of the total packaging material used in soft drinks in 2019.
  • 48% of UK consumers state they are trying to reduce their soft drink consumption due to health concerns.
  • In 2020, the United States had a per capita soft drink consumption of 141 liters.
  • The sparkling water segment is the fastest-growing category within non-alcoholic beverages, with a CAGR of 12.35% from 2020-2027.
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Soft drink sales have been a major part of the global beverage industry for decades. In 2020, the global soft drink market was valued at $337.8 billion and North America accounted for 30.4% of that total share. Coca-Cola held 43.7% of the market in 2019, while U.S.-based companies were worth approximately $178.8 billion alone that same year – making it one of the most lucrative industries in terms of revenue generation worldwide.

However, consumer preferences are shifting towards healthier options such as bottled water and energy drinks which has led to a decrease in carbonated soft drink sales since 2004; so much so that bottled water now surpasses soda sales within United States borders with an estimated 11 billion dollars spent on energy drinks just last year (2018). The Asia Pacific region is expected to experience significant growth over time too – reaching 3.22% CAGR from 2021-2028 – but overall, globally speaking we can expect a compound annual growth rate (CAGR) decline between 2020-2025 due to health concerns amongst consumers leading them to reduce their consumption habits by 48%.

In this blog post we will be exploring these statistics further along with other interesting facts about Soft Drink Sales Statistics around the world including PET bottle usage trends, sugar taxes effects on regional markets like Philadelphia & Mexico plus more. So let’s dive right into it.

The Most Important Statistics
The global soft drink market was valued at $337.8 billion in 2020.

This statistic is a testament to the immense size and scope of the soft drink market. It highlights the sheer magnitude of the industry, and the potential for growth and success within it. It also serves as a reminder of the importance of staying up-to-date with the latest trends and developments in the soft drink market, as well as the need to remain competitive in order to remain successful.

North America accounted for the largest market share in the global soft drink market in 2019, with 30.4%.

This statistic is significant in the context of soft drink sales statistics as it highlights the immense popularity of soft drinks in North America. It demonstrates that the region is a major consumer of soft drinks, and that the market is thriving in the area. This could be an indication of potential growth opportunities for soft drink companies in the region, as well as a sign of the region’s overall economic health.

Soft Drink Sales Statistics Overview

The U.S. soft drink industry is worth approximately $178.8 billion.

This statistic is a testament to the immense size and scope of the U.S. soft drink industry. It speaks to the immense economic power of the industry, and the vast amount of money that is generated from soft drink sales. It also serves as a reminder of the importance of the industry to the U.S. economy, and the impact it has on the lives of millions of people.

Carbonated soft drink sales have been decreasing since 2004, which is mainly attributed to shifts in consumer preferences towards healthier options.

This statistic is significant in the context of soft drink sales statistics because it highlights the changing landscape of consumer preferences. It shows that people are increasingly opting for healthier options, which has had a direct impact on the sales of carbonated soft drinks. This shift in consumer behavior is an important factor to consider when analyzing the current state of the soft drink industry.

Bottled water sales have surpassed soda sales in the United States in recent years.

This statistic is a telling sign of the changing landscape of beverage consumption in the United States. It speaks to the growing trend of health-consciousness among consumers, as bottled water is seen as a healthier alternative to soda. This shift in preference has had a significant impact on the soft drink industry, and is an important factor to consider when discussing soft drink sales statistics.

In 2018, energy drink sales in the United States reached approximately $11 billion.

This statistic is a testament to the immense popularity of energy drinks in the United States. It shows that despite the increasing health consciousness of consumers, energy drinks remain a popular choice for many. This statistic is an important indicator of the current state of the soft drink industry and provides valuable insight into the preferences of American consumers.

The Asia Pacific soft drink market is expected to grow at a CAGR of 3.22% from 2021 to 2028.

This statistic is a crucial indicator of the potential for growth in the Asia Pacific soft drink market. It provides insight into the expected trajectory of the market over the next seven years, allowing businesses to plan accordingly and capitalize on the projected growth. Furthermore, it can be used to compare the Asia Pacific market to other regions, helping to identify potential opportunities for expansion.

The global soft drink industry is expected to decline at a compound annual growth rate (CAGR) of -1.23% between 2020 and 2025.

This statistic is a crucial indicator of the future of the soft drink industry, as it reveals that the industry is projected to experience a decrease in sales over the next five years. This information is essential for anyone interested in the soft drink industry, as it provides insight into the potential challenges and opportunities that may arise in the near future. Furthermore, this statistic can be used to inform decisions about investments, marketing strategies, and other business operations related to the soft drink industry.

Diet Coke was the second-best-selling soft drink in the United States in 2021, with sales of $5.89 billion.

This statistic is a testament to the enduring popularity of Diet Coke, as it was the second-best-selling soft drink in the United States in 2021. Its sales of $5.89 billion demonstrate the immense demand for the beverage, and its continued relevance in the soft drink market. This statistic is an important indicator of the current state of the soft drink industry, and is essential to understanding the trends in soft drink sales.

In 2021, soft drink sales in the off-trade sector were worth £3.58 billion in the United Kingdom.

This statistic is a powerful indicator of the immense popularity of soft drinks in the United Kingdom. It shows that despite the challenges of the pandemic, people are still buying soft drinks in large quantities. This statistic is a testament to the resilience of the soft drink industry and its ability to remain relevant in a changing market.

Sugar taxes have led to a 10% drop in soft drink sales in regions such as Philadelphia (USA) and Mexico.

This statistic is a powerful testament to the effectiveness of sugar taxes in reducing soft drink sales. It shows that when governments implement taxes on sugary drinks, people are less likely to purchase them, leading to a decrease in sales. This is an important finding, as it demonstrates that taxes can be an effective tool in curbing the consumption of unhealthy beverages. Furthermore, this statistic is especially relevant to the blog post about soft drink sales statistics, as it provides a concrete example of how taxes can influence consumer behavior.

Soft drink sales in Canada reached 2.34 billion liters in 2019.

This statistic is a testament to the immense popularity of soft drinks in Canada. It shows that Canadians are consuming a significant amount of soft drinks, and that the industry is thriving. This statistic is an important indicator of the health of the soft drink industry in Canada, and provides valuable insight into the current state of the market.

The fruit beverage segment holds 74.7% of the soft drink market share in India.

This statistic is a powerful indicator of the immense influence the fruit beverage segment has on the soft drink market in India. It highlights the fact that the majority of soft drink sales in India are driven by fruit beverages, making it a key area of focus for companies looking to capitalize on the Indian soft drink market.

The soft drink industry in Australia is worth approximately AUD $7 billion.

This statistic is a testament to the immense size and scope of the soft drink industry in Australia. It highlights the sheer magnitude of the industry and the amount of money it generates, making it clear that soft drink sales are a major contributor to the Australian economy. Furthermore, it serves as a reminder of the importance of the industry and the need to ensure that it remains healthy and profitable.

PET bottles accounted for 58.3% of the total packaging material used in soft drinks in 2019.

The fact that PET bottles accounted for 58.3% of the total packaging material used in soft drinks in 2019 is a telling indication of the industry’s reliance on this type of packaging. This statistic speaks to the importance of PET bottles in the soft drink market, and highlights the need for companies to ensure that they are using the most efficient and cost-effective packaging materials available.

48% of UK consumers state they are trying to reduce their soft drink consumption due to health concerns.

This statistic is a clear indication that health concerns are having a major impact on the soft drink market in the UK. It shows that a large portion of consumers are actively trying to reduce their consumption of soft drinks, which could have a significant effect on sales in the future. This is an important factor to consider when discussing soft drink sales statistics, as it could have a major impact on the industry.

In 2020, the United States had a per capita soft drink consumption of 141 liters.

This statistic is a telling indication of the popularity of soft drinks in the United States. It shows that, despite the health risks associated with consuming too much soda, Americans are still drinking a significant amount of it. This statistic is important for understanding the current state of the soft drink industry and can be used to inform decisions about marketing, pricing, and other aspects of the industry.

The sparkling water segment is the fastest-growing category within non-alcoholic beverages, with a CAGR of 12.35% from 2020-2027.

This statistic is a clear indication that the sparkling water segment is on the rise, and is likely to continue to be a major player in the non-alcoholic beverage market in the coming years. This is an important piece of information for anyone interested in the soft drink sales industry, as it provides insight into the current trends and potential future growth.

Conclusion

The global soft drink market is a highly competitive and lucrative industry, with North America accounting for the largest share of sales in 2019. Coca-Cola held the highest market share in soft drinks that year, at 43.7%. The U.S., UK and Canada are all major markets for soft drinks, worth approximately $178 billion USD, £3.58 billion GBP and 2.34 billion liters respectively in 2019/2020 alone. Carbonated beverages have seen declining sales since 2004 due to consumer preference shifts towards healthier options such as bottled water or sparkling water; however energy drink sales remain strong with an estimated value of $11 billion USD in 2018 (USA). Sugar taxes have also had an impact on reducing consumption levels across certain regions including Philadelphia (USA) and Mexico by 10%. Overall it appears that while carbonated beverage demand may be decreasing overall there is still potential growth within other segments such as fruit juices or energy drinks which could help offset any losses from this sector going forward into 2021 onwards

References

0. – https://www.grandviewresearch.com

1. – https://www.statista.com

2. – https://www.mintel.com

3. – https://www.reportlinker.com

4. – https://www.euromonitor.com

5. – https://www.abc.net.au

6. – https://www.beveragedaily.com

7. – https://www.polarismarketresearch.com

8. – https://www.fortunebusinessinsights.com

9. – https://www.ibisworld.com

10. – https://www.researchandmarkets.com

11. – https://www.globenewswire.com

FAQs

What is the average revenue generated from soft drink sales per month?

Average monthly revenue will depend on the data set collected, but for a specific company or store, we can calculate it by adding the total revenue for a year and dividing it by 12.

Which soft drink brand has the highest market share in the industry?

As per recent studies, The Coca-Cola Company has the highest market share in the global soft drink industry.

What is the growth rate of soft drink sales in the last five years?

The growth rate of soft drink sales will vary for different regions and periods, but according to market research, the global soft drink market experienced a growth rate of around 3% in recent years.

Which region of the world accounts for the highest consumption of soft drinks per capita?

North America, particularly the United States, has the highest consumption of soft drinks per capita.

What factors have influenced the changing trends in soft drink sales?

Factors such as health awareness, changes in consumer preferences, increasing demand for low-sugar or sugar-free alternatives, and rising demand for functional drinks and natural beverages have all influenced the changing trends in soft drink sales.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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