South America Soft Drinks

This industry overview delves into the Soft Drinks and Bottled Water industry in Uruguay. Uncover essential market data including size, growth patterns, forecasts, and quarterly developments spanning the years 2021 to 2029. Gain insights into market drivers, opportunities, challenges, and constraint ...

This industry overview delves into the Soft Drinks and Bottled Water industry in Colombia. Uncover essential market data including size, growth patterns, forecasts, and quarterly developments spanning the years 2021 to 2029. Gain insights into market drivers, opportunities, challenges, and constrain ...

The outlook for the soft drinks industry in Uruguay is positive, supported by a favourable macroeconomic environment following the administration of former President Lacalle Pou and the inauguration of Yamandú Orsi as President in March 2025. According to IMF estimates, Uruguay’s economy is projecte ...

In 2025, powder concentrates partially recovered in volume terms after three years of decline, but continued to face strong competition from flavoured bottled water and other health-oriented soft drinks. Liquid concentrates recorded the fastest growth, though from a low base, aided by Argentine migr ...

In 2025, carbonates in Uruguay faced ongoing pressure from the rising popularity of bottled water health and wellness trends. Increased awareness about the health risks associated with excessive sugar consumption is fuelling demand for reduced-sugar variants. There is also rising demand for tonic wa ...

Despite the challenging economic conditions within Chile, consumers retained a willingness to invest in soft drinks with health and wellness claims in 2024. Rising rates of obesity, diabetes and cardiovascular diseases have led to increased awareness around the importance of following a healthier di ...

There is a growing focus on offering healthier soft drinks options in Brazil with consumers becoming more aware of the impact their consumption habits can have on their health. A new selective tax was approved by Brazil’s National Congress in 2024 which will see a new tax imposed on soft drinks with ...

Sales of concentrates maintain small, stable, positive volume growth, reflecting baseline consumer demand. That said, sales remain relatively flat, with low dynamism in the category. Euromonitor International's Concentrates in Ecuador report offers a comprehensive guide to the size and shape of the ...

Sales of carbonates have fallen into a negative slump in Ecuador in 2025, in both off-trade volume and value terms. There are several reasons for this, from economic factors affecting consumers’ spending power, to poor weather during 2025 affecting demand. The rise of discounters also plays a role a ...

Sales of soft drinks are declining in Ecuador in 2025, with retail volume having fallen into a negative-figure slump following a more positive performance last year, and with value sales also falling. This demonstrates how economic conditions are influencing consumer behaviour in soft drinks, with a ...

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 data, allowing you to identify th ...

Demand for soft drinks in Bolivia is supported by warm climate conditions, which facilitate year-round consumption. Affordability remains a key driver, while improvements in retail infrastructure, increasingly active lifestyles, and growing health consciousness are encouraging further innovation. Th ...

Concentrates in Bolivia faces rising competition from ready-to-drink beverages, as consumers favour convenient and increasingly health-oriented options. Powder formats dominate, due to their low cost, easy transportation, and long shelf life, while liquid concentrates remains limited due to higher p ...

Carbonates in Bolivia remains resilient, supported by the popularity of returnable bottles and small, on-the-go PET formats. Prolonged heat waves are driving strong demand for lemonade/lime, with brands like Sprite and 7UP becoming more visible in retailers’ chilled cabinets. However, affordability ...

The front of pack labelling law in Argentina has increased transparency around sugar, sodium, and fat content, driving strong consumer demand for low sugar and no sugar soft drinks. In 2024, leading beverage companies, including Coca-Cola, PepsiCo, and Mondelez, responded with reformulations, low an ...

The concentrates category in Peru entered 2025 with a structural decline, driven primarily by changing consumption habits and the growing appeal of competing soft drink categories that better align with current health, convenience, and lifestyle trends. Consumers are increasingly shifting toward bev ...

In 2025, the carbonates category in Peru operated within a landscape defined by affordability pressures, regulatory scrutiny, and an evolving consumer search for healthier alternatives. Although the year began on a weaker footing compared to the strong comparative base of 2024, consumer demand progr ...

The soft drinks market in Peru entered 2025 with renewed dynamism, supported by a more stable macroeconomic environment that helped restore consumer confidence. Moderating inflation, gradual recovery in formal employment, and improved expectations for household spending created a more favourable bac ...

In 2025, carbonates faced a challenging environment as demand normalised after the heat-driven spike of 2024 and legislative pressures intensified. Cooler and rainier conditions reduced the number of typical “refreshment” occasions compared to the prior year, when temperatures above 40°C in some reg ...

Soft drinks in Colombia faced a challenging operating environment in 2025 as macroeconomic volatility, climate variability, and legislative pressures shaped consumption patterns. While the economy is projected to grow by 2.6%, consumption behaviour remained cautious due to persistently high inflatio ...

In 2025, concentrates in Colombia continued to face a challenging environment marked by declining demand and limited innovation. Powder concentrates – by far the dominant format – were strongly affected by ongoing economic pressures on low-income households, who historically represent the core consu ...

Soft drinks in Brazil showed resilience amidst macroeconomic challenges and inflationary pressure, with further total volume sales growth projected over 2025. In periods of economic uncertainty or turmoil, soft drinks tend to perform well as products in some categories are deemed as accessible and a ...

The economic situation and developments continued to impact the performance of soft drinks in Chile at the end of the review period. The World Bank raised the growth projection for GDP in Chile for 2025, according to the monetary policy report of October 2025. Domestic demand is on the rise in 2025, ...

Concentrates in Chile is projected to continue to see only a marginal increase in off-trade RTD volume sales over 2025. Meanwhile, off-trade current value sales of concentrates in Chile are projected to decrease over 2025, albeit following fast increases in the previous two years. The stagnation in ...

Concentrates in Brazil continued to struggle to grow demand at the end of the review period. Off-trade RTD volume sales of liquid concentrates and powder concentrates are projected to see strong, and faster, decreases over 2025. Meanwhile, underpinned by inflationary pressure on prices, off-trade va ...