China Soft Drinks

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	98 Pages	Euromonitor International	May, 2024	EP18816296

Best Price Guarantee
Price	from $2,100
Length	98 Pages
Publisher	Euromonitor International
Published Date	May, 2024
SKU	EP18816296

Soft Drinks in China

In 2023, soft drinks in China maintained low off-trade volume growth, and a stronger current value increase. Meanwhile, although on-trade volume sales of soft drinks continued to decline, it was at a much slower rate, and current value sales saw a slight rebound to growth, driving a partial recovery from the 2022 decline, when COVID-19 restrictions hampered on-trade sales of soft drinks due to the intermittent lockdown of consumer foodservice establishments. Carbonates maintained dynamic off-tra...

Euromonitor International's Soft Drinks in China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Asian Speciality Drinks, Bottled Water, Carbonates, Concentrates, Energy Drinks, Juice, RTD Coffee, RTD Tea, Sports Drinks.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Soft Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Soft Drinks in China
Euromonitor International
May 2024
List Of Contents And Tables
SOFT DRINKS IN CHINA
EXECUTIVE SUMMARY
Soft drinks in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
MARKET DATA: Table 1 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2018-2023; Table 2 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2018-2023; Table 3 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2018-2023; Table 4 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2018-2023; Table 5 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2023; Table 6 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2023; Table 7 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2023; Table 8 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2023; Table 9 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2018-2023; Table 10 Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2018-2023; Table 11 Off-trade Sales of Soft Drinks by Category: Value 2018-2023; Table 12 Off-trade Sales of Soft Drinks by Category: % Value Growth 2018-2023; Table 13 Sales of Soft Drinks by Total Fountain On-trade: Volume 2018-2023; Table 14 Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2018-2023; Table 15 NBO Company Shares of Total Soft Drinks (RTD): % Volume 2019-2023; Table 16 LBN Brand Shares of Total Soft Drinks (RTD): % Volume 2020-2023; Table 17 NBO Company Shares of On-trade Soft Drinks (RTD): % Volume 2019-2023; Table 18 LBN Brand Shares of On-trade Soft Drinks (RTD): % Volume 2020-2023; Table 19 NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2019-2023; Table 20 LBN Brand Shares of Off-trade Soft Drinks (RTD): % Volume 2020-2023; Table 21 NBO Company Shares of Off-trade Soft Drinks: % Value 2019-2023; Table 22 LBN Brand Shares of Off-trade Soft Drinks: % Value 2020-2023; Table 23 Penetration of Private Label in Off-trade Soft Drinks (RTD) by Category: % Volume 2018-2023; Table 24 Penetration of Private Label in Off-trade Soft Drinks by Category: % Value 2018-2023; Table 25 Distribution of Off-trade Soft Drinks (as sold) by Format: % Volume 2018-2023; Table 26 Distribution of Off-trade Soft Drinks (as sold) by Format and Category: % Volume 2023; Table 27 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2023-2028; Table 28 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2023-2028; Table 29 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2023-2028; Table 30 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2023-2028; Table 31 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2023-2028; Table 32 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2023-2028; Table 33 Forecast Off-trade Sales of Soft Drinks by Category: Value 2023-2028; Table 34 Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2023-2028; Table 35 Forecast Sales of Soft Drinks by Total Fountain On-trade: Volume 2023-2028; Table 36 Forecast Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2023-2028
APPENDIX
Fountain sales in China
Trends
DISCLAIMER
SOURCES: Summary 1 Research Sources
CARBONATES IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Reduced sugar and flavour innovation are key themes in carbonates
Lemonade shows an uptick in 2023
Small local brands are strengthening, and have further growth potential
PROSPECTS AND OPPORTUNITIES
Reduced sugar non-cola carbonates set to see dynamism due to health and flavour trends
Catering to younger consumers with new products, marketing, and natural sweeteners
Off-trade sales will remain key
CATEGORY DATA: Table 37 Off-trade vs On-trade Sales of Carbonates: Volume 2018-2023; Table 38 Off-trade vs On-trade Sales of Carbonates: Value 2018-2023; Table 39 Off-trade vs On-trade Sales of Carbonates: % Volume Growth 2018-2023; Table 40 Off-trade vs On-trade Sales of Carbonates: % Value Growth 2018-2023; Table 41 Off-trade Sales of Carbonates by Category: Volume 2018-2023; Table 42 Off-trade Sales of Carbonates by Category: Value 2018-2023; Table 43 Off-trade Sales of Carbonates by Category: % Volume Growth 2018-2023; Table 44 Off-trade Sales of Carbonates by Category: % Value Growth 2018-2023; Table 45 Total Sales of Carbonates by Fountain On-trade: Volume 2018-2023; Table 46 Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2018-2023; Table 47 NBO Company Shares of Off-trade Carbonates: % Volume 2019-2023; Table 48 LBN Brand Shares of Off-trade Carbonates: % Volume 2020-2023; Table 49 NBO Company Shares of Off-trade Carbonates: % Value 2019-2023; Table 50 LBN Brand Shares of Off-trade Carbonates: % Value 2020-2023; Table 51 Forecast Off-trade Sales of Carbonates by Category: Volume 2023-2028; Table 52 Forecast Off-trade Sales of Carbonates by Category: Value 2023-2028; Table 53 Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 2023-2028; Table 54 Forecast Off-trade Sales of Carbonates by Category: % Value Growth 2023-2028; Table 55 Forecast Total Sales of Carbonates by Fountain On-trade: Volume 2023-2028; Table 56 Forecast Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2023-2028
JUICE IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Decline for juice in 2023, although coconut and other plant waters remains strong
Not from concentrate 100% juice sees high growth from a low base
Decline in off-trade sales of juice does not impact the leading players
PROSPECTS AND OPPORTUNITIES
Negative performance expected for juice over the forecast period
Brands in juice drinks will respond to decline through cost control and flavour innovation
Compound fruit and vegetable juices expected to grow due to specific targeted functionality
CATEGORY DATA: Table 57 Off-trade Sales of Juice by Category: Volume 2018-2023; Table 58 Off-trade Sales of Juice by Category: Value 2018-2023; Table 59 Off-trade Sales of Juice by Category: % Volume Growth 2018-2023; Table 60 Off-trade Sales of Juice by Category: % Value Growth 2018-2023; Table 61 NBO Company Shares of Off-trade Juice: % Volume 2019-2023; Table 62 LBN Brand Shares of Off-trade Juice: % Volume 2020-2023; Table 63 NBO Company Shares of Off-trade Juice: % Value 2019-2023; Table 64 LBN Brand Shares of Off-trade Juice: % Value 2020-2023; Table 65 Forecast Off-trade Sales of Juice by Category: Volume 2023-2028; Table 66 Forecast Off-trade Sales of Juice by Category: Value 2023-2028; Table 67 Forecast Off-trade Sales of Juice by Category: % Volume Growth 2023-2028; Table 68 Forecast Off-trade Sales of Juice by Category: % Value Growth 2023-2028
BOTTLED WATER IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Bottled water maintains slow and steady off-trade volume and value growth in 2023
Nongfu Spring leads bottled water in a fiercely competitive market
Manufacturers increasingly emphasise sustainable packaging
PROSPECTS AND OPPORTUNITIES
Still natural and spring bottled water set to post growth due to increased consumer awareness of source and health benefits
Carbonated bottled water anticipated to attract a larger audience
Competitive landscape set to remain fragmented, with many regional brands serving regional consumers
CATEGORY DATA: Table 69 Off-trade Sales of Bottled Water by Category: Volume 2018-2023; Table 70 Off-trade Sales of Bottled Water by Category: Value 2018-2023; Table 71 Off-trade Sales of Bottled Water by Category: % Volume Growth 2018-2023; Table 72 Off-trade Sales of Bottled Water by Category: % Value Growth 2018-2023; Table 73 NBO Company Shares of Off-trade Bottled Water: % Volume 2019-2023; Table 74 LBN Brand Shares of Off-trade Bottled Water: % Volume 2020-2023; Table 75 NBO Company Shares of Off-trade Bottled Water: % Value 2019-2023; Table 76 LBN Brand Shares of Off-trade Bottled Water: % Value 2020-2023; Table 77 Forecast Off-trade Sales of Bottled Water by Category: Volume 2023-2028; Table 78 Forecast Off-trade Sales of Bottled Water by Category: Value 2023-2028; Table 79 Forecast Off-trade Sales of Bottled Water by Category: % Volume Growth 2023-2028; Table 80 Forecast Off-trade Sales of Bottled Water by Category: % Value Growth 2023-2028
SPORTS DRINKS IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Growth in sports drinks is sustained in 2023, even after robust growth in previous years
Alienergy paves the way for reduced sugar sports drinks in China
Consumer education on consumption occasions drives growth
PROSPECTS AND OPPORTUNITIES
Reduced sugar sports drinks likely to drive growth for sports drinks
Electrolytes will continue to be a key value proposition for manufacturers, with more players entering the category
Move towards retail e-commerce expected
CATEGORY DATA: Table 81 Off-trade Sales of Sports Drinks: Volume 2018-2023; Table 82 Off-trade Sales of Sports Drinks: Value 2018-2023; Table 83 Off-trade Sales of Sports Drinks: % Volume Growth 2018-2023; Table 84 Off-trade Sales of Sports Drinks: % Value Growth 2018-2023; Table 85 NBO Company Shares of Off-trade Sports Drinks: % Volume 2019-2023; Table 86 LBN Brand Shares of Off-trade Sports Drinks: % Volume 2020-2023; Table 87 NBO Company Shares of Off-trade Sports Drinks: % Value 2019-2023; Table 88 LBN Brand Shares of Off-trade Sports Drinks: % Value 2020-2023; Table 89 Forecast Off-trade Sales of Sports Drinks: Volume 2023-2028; Table 90 Forecast Off-trade Sales of Sports Drinks: Value 2023-2028; Table 91 Forecast Off-trade Sales of Sports Drinks: % Volume Growth 2023-2028; Table 92 Forecast Off-trade Sales of Sports Drinks: % Value Growth 2023-2028
ENERGY DRINKS IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Robust growth for energy drinks in 2023
Regular energy drinks remain the most popular and drive growth
Red Bull and Eastroc Super Drink together maintain dominance in energy drinks
PROSPECTS AND OPPORTUNITIES
Stable growth expected for energy drinks over the forecast period
A greater focus on herbal and plant ingredients likely
Product innovations targeting younger consumers anticipated in energy drinks
CATEGORY DATA: Table 93 Off-trade Sales of Energy Drinks: Volume 2018-2023; Table 94 Off-trade Sales of Energy Drinks: Value 2018-2023; Table 95 Off-trade Sales of Energy Drinks: % Volume Growth 2018-2023; Table 96 Off-trade Sales of Energy Drinks: % Value Growth 2018-2023; Table 97 NBO Company Shares of Off-trade Energy Drinks: % Volume 2019-2023; Table 98 LBN Brand Shares of Off-trade Energy Drinks: % Volume 2020-2023; Table 99 NBO Company Shares of Off-trade Energy Drinks: % Value 2019-2023; Table 100 LBN Brand Shares of Off-trade Energy Drinks: % Value 2020-2023; Table 101 Forecast Off-trade Sales of Energy Drinks: Volume 2023-2028; Table 102 Forecast Off-trade Sales of Energy Drinks: Value 2023-2028; Table 103 Forecast Off-trade Sales of Energy Drinks: % Volume Growth 2023-2028; Table 104 Forecast Off-trade Sales of Energy Drinks: % Value Growth 2023-2028
CONCENTRATES IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Coffee liquid concentrates drive growth in liquid concentrates
A declining trend for powder concentrates
Rising competition in liquid concentrates, with new players
PROSPECTS AND OPPORTUNITIES
Coffee liquid concentrates set to drive growth...
...but will face competition
Creative collaboration could bring growth opportunities
CATEGORY DATA
Concentrates conversions: Summary 2 Concentrates Conversion Factors for Ready-to-Drink (RTD) Format; Table 105 Off-trade Sales of Concentrates (RTD) by Category: Volume 2018-2023; Table 106 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2018-2023; Table 107 Off-trade Sales of Concentrates by Category: Value 2018-2023; Table 108 Off-trade Sales of Concentrates by Category: % Value Growth 2018-2023; Table 109 LBN Brand Shares of Off-trade Concentrates (RTD): % Volume 2020-2023; Table 110 NBO Company Shares of Off-trade Concentrates: % Value 2019-2023; Table 111 LBN Brand Shares of Off-trade Concentrates: % Value 2020-2023; Table 112 NBO Company Shares of Off-trade Liquid Concentrates (RTD): % Volume 2019-2023; Table 113 LBN Brand Shares of Off-trade Liquid Concentrates (RTD): % Volume 2020-2023; Table 114 NBO Company Shares of Off-trade Powder Concentrates (RTD): % Volume 2019-2023; Table 115 LBN Brand Shares of Off-trade Powder Concentrates (RTD): % Volume 2020-2023; Table 116 Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 2023-2028; Table 117 Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2023-2028; Table 118 Forecast Off-trade Sales of Concentrates by Category: Value 2023-2028; Table 119 Forecast Off-trade Sales of Concentrates by Category: % Value Growth 2023-2028
RTD TEA IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Reduced sugar still RTD tea spearheads growth in RTD tea in 2023
Fiercer competition leads to innovations in taste, functionality, and packaging
E-commerce sees its share fall as on-the-go sales rebound
PROSPECTS AND OPPORTUNITIES
Ample room for growth for reduced sugar still RTD tea
Dynamic growth for Oriental Leaf due to its lead in reduced sugar RTD tea, which is expected to be retained
The blurring of the line between RTD tea and low alcohol drinks
CATEGORY DATA: Table 120 Off-trade Sales of RTD Tea by Category: Volume 2018-2023; Table 121 Off-trade Sales of RTD Tea by Category: Value 2018-2023; Table 122 Off-trade Sales of RTD Tea by Category: % Volume Growth 2018-2023; Table 123 Off-trade Sales of RTD Tea by Category: % Value Growth 2018-2023; Table 124 Leading Flavours for Off-trade RTD Tea: % Volume 2018-2023; Table 125 NBO Company Shares of Off-trade RTD Tea: % Volume 2019-2023; Table 126 LBN Brand Shares of Off-trade RTD Tea: % Volume 2020-2023; Table 127 NBO Company Shares of Off-trade RTD Tea: % Value 2019-2023; Table 128 LBN Brand Shares of Off-trade RTD Tea: % Value 2020-2023; Table 129 Forecast Off-trade Sales of RTD Tea by Category: Volume 2023-2028; Table 130 Forecast Off-trade Sales of RTD Tea by Category: Value 2023-2028; Table 131 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2023-2028; Table 132 Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2023-2028
RTD COFFEE IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
RTD coffee rebounds to growth in 2023
RTD coffee in China sees increased competition
PROSPECTS AND OPPORTUNITIES
Growth opportunities for RTD coffee, such as plant-based milks and black coffee
Offering differentiated RTD coffee products amidst intense competition from affordable hot and fresh coffee
CATEGORY DATA: Table 133 Off-trade Sales of RTD Coffee: Volume 2018-2023; Table 134 Off-trade Sales of RTD Coffee: Value 2018-2023; Table 135 Off-trade Sales of RTD Coffee: % Volume Growth 2018-2023; Table 136 Off-trade Sales of RTD Coffee: % Value Growth 2018-2023; Table 137 NBO Company Shares of Off-trade RTD Coffee: % Volume 2019-2023; Table 138 LBN Brand Shares of Off-trade RTD Coffee: % Volume 2020-2023; Table 139 NBO Company Shares of Off-trade RTD Coffee: % Value 2019-2023; Table 140 LBN Brand Shares of Off-trade RTD Coffee: % Value 2020-2023; Table 141 Forecast Off-trade Sales of RTD Coffee: Volume 2023-2028; Table 142 Forecast Off-trade Sales of RTD Coffee: Value 2023-2028; Table 143 Forecast Off-trade Sales of RTD Coffee: % Volume Growth 2023-2028; Table 144 Forecast Off-trade Sales of RTD Coffee: % Value Growth 2023-2028
ASIAN SPECIALITY DRINKS IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Continued decline for Asian specialty drinks
Vinegar drinks declines as consumers have limited awareness of different product segments
Bird’s nest drinks niche and emerging, but long-term potential questionable
PROSPECTS AND OPPORTUNITIES
Taste and format innovation likely in fruit vinegar products
Functionality and health benefits could offer opportunities for Asian speciality drinks
Packaging format innovation to differentiate
CATEGORY DATA: Table 145 Off-trade Sales of Asian Speciality Drinks: Volume 2018-2023; Table 146 Off-trade Sales of Asian Speciality Drinks: Value 2018-2023; Table 147 Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2018-2023; Table 148 Off-trade Sales of Asian Speciality Drinks: % Value Growth 2018-2023; Table 149 NBO Company Shares of Off-trade Asian Speciality Drinks: % Volume 2019-2023; Table 150 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Volume 2020-2023; Table 151 NBO Company Shares of Off-trade Asian Speciality Drinks: % Value 2019-2023; Table 152 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Value 2020-2023; Table 153 Forecast Off-trade Sales of Asian Speciality Drinks: Volume 2023-2028; Table 154 Forecast Off-trade Sales of Asian Speciality Drinks: Value 2023-2028; Table 155 Forecast Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2023-2028; Table 156 Forecast Off-trade Sales of Asian Speciality Drinks: % Value Growth 2023-2028