Category: Soft Drinks
Soft Drinks market research reports by Euromonitor International
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Carbonates in Kazakhstan
Carbonates in Kazakhstan While carbonates continue to be the most popular soft drink in Kazakhstan, it is expected to see a fall in volume sales in 2024. Several factors contribute to the decline. While inflation has eased, prices are still rising and this dampens volume sales. Also, the government ... Read More
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Concentrates in North Macedonia
Concentrates in North Macedonia The concentrates category has experienced a decline in off-trade volume sales in North Macedonia in 2024, despite achieving modest off-trade rsp value growth supported by inflation-driven price increases. However, the overall performance of the category remains lacklu ... Read More
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Carbonates in Costa Rica
Carbonates in Costa Rica While major brands such as Coca-Cola and Pepsi have continued to dominate shelf space in 2024, an increasing variety of imported options of carbonates has emerged in modern retailers in Costa Rica as players seek to diversify their flavour offerings and attract a broader con ... Read More
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Soft Drinks in Costa Rica
Soft Drinks in Costa Rica The Costa Rican economy continues to expand in 2024, and so does the soft drinks market. According to estimates from the Costa Rican Research Institute in Economic Sciences, Costa Rica is expected to grow by 4.4% in its gross domestic product (GDP) during 2024. The Central ... Read More
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Soft Drinks in Cameroon
Soft Drinks in Cameroon Cameroon’s inflation rate is expected to remain at approximately 7% by the end of 2024, as reported by the National Institute of Statistics, reflecting the compounded effects of a 15% price adjustment at the pump since 1 February 2024 and subsequent increases in the costs of ... Read More
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Concentrates in Costa Rica
Concentrates in Costa Rica Powdered concentrates have continued to be a mainstay in Costa Rican households in 2024, particularly among families seeking cost-effective solutions for preparing drinks. These products are especially favoured when catering to large groups, as they offer a quick, convenie ... Read More
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Soft Drinks in Georgia
Soft Drinks in Georgia The wave of immigration to Georgia in 2022, which had initially spurred economic and market growth, began to reverse towards the end of 2023, with many immigrants leaving the country. This trend has continued into 2024, contributing to a slowdown in the volume growth of soft d ... Read More
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Carbonates in Cameroon
Carbonates in Cameroon The persistent inflation and increasingly constrained household budgets in Cameroon have maintained a high degree of price sensitivity in carbonates in 2024. This has notably dampened demand for premium products such as fruity cocktail carbonates, which had initially gained tr ... Read More
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Concentrates in Cameroon
Concentrates in Cameroon Concentrates in Cameroon faces a critical challenge in 2024 that extends beyond its high pricing, as the category struggles with consumer perceptions of value. Despite being one of the most expensive types of soft drinks, concentrates have failed to carve out a clear role in ... Read More
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Carbonates in Georgia
Carbonates in Georgia Volume sales of carbonates in Georgia have faced slower growth in 2024, primarily due to a diminishing consumer base as some immigrants from Russia, Ukraine, and Belarus who arrived post-2022 have gradually departed the country. However, the recovery of on-trade sales has conti ... Read More
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Concentrates in Singapore
Concentrates in Singapore Off-trade volume sales of liquid concentrates in Singapore are projected to continue declining in 2024 as health and wellness concerns take centre stage in consumer decision-making. Unlike fresh juices and smoothies, which are widely regarded as healthier due to their highe ... Read More
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Asian Speciality Drinks in Singapore
Asian Speciality Drinks in Singapore Despite their cultural significance, Asian speciality drinks are projected to experience a decline in total volume sales in Singapore in 2024. These beverages have limited popularity among younger consumers, many of whom primarily consume these beverages when ... Read More
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Carbonates in Singapore
Carbonates in Singapore The carbonates market in Singapore is experiencing a notable shift as consumers increasingly prioritise health and wellness. This trend is contributing to a decline in demand for regular carbonated beverages, with reduced-sugar alternatives gaining traction. However, despite ... Read More
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Soft Drinks in Singapore
Soft Drinks in Singapore The hot drinks market in Singapore is set to record positive volume growth though both the on-trade and off-trade channels in 2024, albeit at a slower pace than the previous three years. This is largely due to a combination of regulatory changes and reduced consumer spending ... Read More
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Soft Drinks in Canada: ISIC 1554
Soft Drinks in Canada: ISIC 1554 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Soft Drinks: ISIC 1554 market at a national level. It provides the latest retail sales ... Read More
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Wines and Cider in Canada: ISIC 1552
Wines and Cider in Canada: ISIC 1552 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Wines and Cider: ISIC 1552 market at a national level. It provides the latest retai ... Read More
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Soft Drinks in Nigeria
Soft Drinks in Nigeria Soft drinks performed well in 2024 despite the challenging economic conditions in Nigerians characterised by high inflation and strong unit price increases. Retail volume sales increased at a healthy pace in bottled water, carbonates, and energy drinks, with current value sale ... Read More
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Carbonates in Nigeria
Carbonates in Nigeria Carbonates witnessed moderate volume growth in 2024 despite rising high inflation in Nigeria. The hot climate makes cold sweet and fizzy drinks a necessity among locals and visitors. Consumption is also rising gradually alongside population growth. Carbonates have benefited fro ... Read More
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Concentrates in Nigeria
Concentrates in Nigeria Concentrates reported volume sales decline in 2024 as consumers reduced consumption due to the challenging economic conditions in Nigeria and a preference for other types of soft drinks. Convenience has become a key factor in soft drinks consumption with many consumers prefer ... Read More
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Carbonates in Japan
Carbonates in Japan Carbonates in Japan saw a brief surge in demand after the end of the COVID-19 pandemic and during the record-breaking summer heat in 2023. However, rising prices led to competition from more cost-effective options, such as bottled water and barley tea. In particular, barley tea g ... Read More
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Carbonates in Ukraine
Carbonates in Ukraine In 2024, the carbonates category in Ukraine saw a significant recovery following the sharp sales decline noted in 2022, due to Russia’s invasion. There were several key factors driving this recovery. Local production of global brands, such as Coca-Cola and PepsiCo, has been cru ... Read More
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Asian Speciality Drinks in Japan
Asian Speciality Drinks in Japan Off-trade volume sales of Asian speciality drinks are expected to show a slight rebound in 2024, primarily as a response to the significant declines experienced in previous years. For instance, the decline in 2023 was pronounced, and largely attributed to a series of ... Read More
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Soft Drinks in Japan
Soft Drinks in Japan After the price increases that began in 2022, many soft drinks categories failed to achieve off-trade volume growth in Japan in 2023, and this trend is set to continue in 2024. Meanwhile, categories that experienced growth due to the recovery in consumer movement in 2023, such a ... Read More
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Concentrates in Ukraine
Concentrates in Ukraine Powder concentrates in Ukraine have remained the dominant product category in concentrates in 2024. The category has a strong emphasis on traditional offerings like kysil (kisel), a popular drink typically favoured by older consumers. These products are often considered conve ... Read More
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Soft Drinks in Ukraine
Soft Drinks in Ukraine In 2024, the soft drinks category showed signs of economic stabilisation and a gradual recovery following the sharp sales decline noted in 2022, caused by Russia's invasion of Ukraine. This recovery was driven by consumers and businesses adapting to the new reality, the return ... Read More
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