The global value of soft drinks shipped rose by an average 22.2% for all exporting countries compared to 5 years earlier in 2018. That year, soft drinks sold internationally were valued at $21.8 billion¹. By 2022, international sales of exported soft drinks reached US$26.7 billion¹. The value of these exports stayed steady in 2022, showing a 1.1% increase from the year before to $26.4 billion¹.

The Largest Soft Drink Exporters in the World 2022

The 6 biggest exporters of soft drinks are Austria, Germany, Netherlands, Switzerland, Thailand, and the United States of America¹. These countries together made up almost half (48%) of international sales of soft drinks in 2022¹.

Key Takeaways

• The global soft drinks market size was valued at USD 413.46 billion in 2021, projected to reach USD 621.66 billion by 2030 with a CAGR of 5.23%².
• Austria, Germany, Netherlands, Switzerland, Thailand, and the United States are the 6 largest soft drink exporters, accounting for 48% of global exports in 2022¹.
• The global trend is shifting towards non-carbonated soft drinks, as consumers seek healthier alternatives².
• Coca-Cola and PepsiCo continue to dominate the global soft drink market, with market shares of 48% and 20.5% respectively in 2021².
• The soft drink industry is seeing a rise in unique flavor offerings and sustainability initiatives to address environmental concerns².

Global Soft Drink Industry Overview

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The global soft drinks industry is always changing, offering many types of drinks to people all over the world³. It was worth $413.46 billion in 2021 and could be worth $621.66 billion by 2030, growing 5.23% each year⁴. Drinks like soda made up 55% of the market in 2019, while juices and teas made up 45%³.

Market Size and Growth

The soft drinks market has been growing steadily³. From 2015 to 2020, it grew 4.86% a year, reaching $680.19 billion³. It’s expected to keep growing, with a 4.51% CAGR until 2025, possibly hitting $876.43 billion³.

Major Regions and Consumption Trends

North America, Europe, and Northeast Asia were the biggest markets in 2019, making up 40%, 20%, and 14% of the industry³. South and Central America, Asia Pacific, Africa, the Middle East, and CIS countries made up the rest³. People are now choosing healthier drinks, making soft drinks more of a treat⁵. To meet this change, companies are making drinks with less sugar and new flavors³.

“The growth of the premium soft drinks segment has been driven by increased demand for low and no sugar variants, craft RTD beverages, functional drinks, and flavored waters.”³

Companies are also making drinks with extra health benefits, like probiotics and antioxidants³. Flavored bottled water, like energy and sports waters, is also growing in popularity³.

Leading Soft Drink Exporting Countries

A few countries have become big players in the soft drink market, showing they’re great at making and selling these drinks⁶. Austria is one of them, sending out 13.9% of the world’s soft drinks and making $2.7 billion in 2017⁶. This makes Austria a key player in the global market, with a big trade surplus that shows it’s very competitive⁶.

Other countries like Germany, the Netherlands, and Switzerland are also big names in soft drink exports⁶. Germany sent out $1.81 billion worth of soft drinks in 2017, which is 9.1% of the world’s total⁶. The Netherlands was close behind with $1.7 billion, or 8.6% of the exports⁶. Switzerland also played a big role, with $1.84 billion in sales, making up 9.3% of the market⁶.

These countries are good at meeting the world’s growing demand for soft drinks⁶. They use their strong production, distribution, and brand names to sell more drinks abroad⁶. As the soft drink market changes, these countries will keep leading the way.

These countries show how tough the competition is in the soft drink industry⁶. As tastes and markets change, these leaders will have to keep coming up with new ideas to stay ahead.

Soft Drink Export Powerhouses

The global soft drink industry is changing fast. Thailand and the United States are now big players in the world of soft drink exports.

Thailand’s Rising Export Presence

Thailand’s soft drink exports have grown a lot, reaching $1.3 billion in 2017. This made up 6.6% of all soft drink exports worldwide⁷. Thailand is now a key exporter thanks to its strong manufacturing and the growing demand for its drinks.

United States’ Export Strengths and Challenges

In the United States, soft drink exports were worth $1.2 billion in 2017, making up 6.3% of global exports⁷. But, the US also has a big trade deficit in soft drinks⁷. This shows the US has challenges but also chances to meet the big demand from American consumers.

“The global soft drinks market was valued at $413 billion in 2021 and is projected to surpass $620 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 5.23%.”⁸

Thailand and the United States are leading in soft drink exports, each with their own strengths and challenges. They have made their mark in the global market, shaping the future of the soft drink industry.

The Largest Soft Drink Exporters in the World

Top 15 Exporting Countries by Value

The global soft drinks market is always changing, with many countries trying to sell more drinks abroad. In 2022, Austria led with $3.5 billion in exports, making up 13.3% of the world’s total⁹. Germany, the Netherlands, and Switzerland followed, each making a significant impact⁹.

Thailand, the United States, Mexico, Belgium, France, and Poland also made the top 10 list⁹. Italy, South Korea, the United Kingdom, Spain, and Denmark rounded out the top 15⁹.

Year-over-Year Growth and Declines

Some countries saw big increases in their soft drink exports from 2021 to 2022. Poland, Mexico, Austria, and Denmark all grew significantly⁹. On the other hand, the Netherlands, Switzerland, Italy, the United Kingdom, and the United States saw their exports drop⁹.

The soft drink market is always changing, with new countries trying to make a mark.

Trade Surpluses and Deficits

In the global soft drink industry, countries show different levels of trade surpluses and deficits. The countries with the highest positive net exports, or trade surpluses, for soft drinks in 2022 were Austria ($2.8 billion, up 25.3%), Thailand ($1.5 billion, up 4.6%), Switzerland ($1.4 billion, down -8.2%), the Netherlands ($1.3 billion, up 12.6%), and Mexico ($823.5 million, up 176.2%).¹⁰ On the other hand, the countries with the largest negative net exports, or trade deficits, for soft drinks in 2022 were the United States (-$2.3 billion, up 7.4%), the United Kingdom (-$1.3 billion, up 117.9%), Canada (-$578.2 million, down -5.7%), Vietnam (-$498.2 million, up 2591.4%), and mainland China (-$490.9 million, up 38.1%)¹⁰.

Countries with Highest Positive Net Exports

The top countries with the highest positive net exports in the soft drink industry are leading exporters. Austria, with a trade surplus of $2.8 billion, has firmly positioned itself as a global powerhouse in soft drink exports, experiencing a 25.3% increase in 2022.¹⁰ Thailand and Switzerland also stand out, with trade surpluses of $1.5 billion and $1.4 billion, respectively, although Switzerland saw a decline of 8.2.¹⁰ The Netherlands and Mexico have also emerged as significant players, with trade surpluses of $1.3 billion and $823.5 million, recording growth of 12.6% and 176.2%, respectively.¹⁰

Countries with Highest Negative Net Exports

On the other hand, several countries face substantial trade deficits in the soft drink industry. The United States, with a trade deficit of $2.3 billion, has struggled to keep up with its global counterparts, experiencing a 7.4% increase in its deficit.¹⁰ The United Kingdom and Canada also face significant deficits, at $1.3 billion and $578.2 million, respectively, with the UK’s deficit rising by 117.9% and Canada’s declining by 5.7%.¹⁰ Vietnam and mainland China have also emerged as countries with substantial trade deficits, at $498.2 million and $490.9 million, respectively, with Vietnam’s deficit skyrocketing by 2591.4% and China’s increasing by 38.1%.¹⁰

“The global soft drink industry is a complex landscape of trade surpluses and deficits, with some countries emerging as clear exporters and others struggling to keep up with the competition.”

Major Soft Drink Exporting Companies

The global soft drink industry is led by a few big names in the export market¹¹. Companies like Asahi Soft Drinks from Japan, Britvic plc from the United Kingdom, Cott from Canada, and Dr Pepper Snapple Group from the United States are at the forefront¹². Together, they make up a big part of the global soft drink exports, showing how concentrated the industry is¹¹.

The value of the global soft drinks market was US$127,550 million in 2023 and is set to hit US$170,700 million by 2030¹³. This growth is expected to continue at a 4.2% annual rate from 2024 to 2031¹³. Asia-Pacific leads with about 33% of the market, while Latin America makes up around 19%¹³. The top 3 companies in the industry control about 35% of the market¹³.

Other big names in soft drink exports include Drinko from Lebanon, Faygo Beverages, Inc. from the United States, and Fraser and Neave, Limited from Singapore¹². These companies are key players in the global soft drink trade. They use their global presence and brand strength to grow their exports¹².

These major companies are vital in the global soft drink trade. They use their brand power, distribution networks, and production skills to meet the world’s growing demand for soft drinks¹².

Emerging Trends and Flavors

The soft drink industry is changing fast. People are moving away from sugary drinks to ones that are non-carbonated and have unique flavors¹⁴. Bottled water is now the top-growing drink type¹⁴. Also, drinks with less sugar are becoming popular, including carbonated sodas and juices¹⁴.

Health-conscious consumers are driving new trends in soft drinks. They like drinks with plant-based, immune health, prebiotic, and high fiber claims¹⁴. Fruit flavors are still big, but people are looking for more variety¹⁴.

Rise of Non-Carbonated and Unique Flavor Offerings

Drink makers are now offering more non-carbonated and unique flavors¹⁴. They’re using sweeteners like sucralose and acesulfame-K more often¹⁴. This is because consumers want new tastes¹⁵. You might see more berries, exotic fruits, and spices in drinks soon¹⁴.

Soft drink companies plan to bring out more flavored bottled water and iced tea¹⁴¹⁵. They see a big growth in the non-carbonated soft drink market¹⁴¹⁵.

“The soft drink industry is evolving to meet the changing preferences of health-conscious consumers who are seeking out more diverse and innovative flavors.”

Sustainability and Health Concerns

The soft drink industry is under a lot of pressure to tackle sustainability and health issues. Companies are working hard to lessen their environmental impact with new projects. At the same time, people want healthier drink options¹⁶.

Industry Efforts to Address Environmental Impact

Beverage companies are taking steps to lower their carbon footprint. In 2021, the industry released 1.5 billion tonnes of CO2e, which was 3.8% of all emissions¹⁶. But, the rate of cutting carbon is too slow, not meeting goals for 2030 or 2050¹⁶. To meet targets, the industry needs to cut emissions from 1.5 billion to 1.2 billion by 2030, and then down to 0.2 billion by 2050¹⁶.

Companies are also looking at how to make their packaging less harmful to the environment. For example, making wine bottles lighter from 550g to under 420g by 2026 will save 23,000 tonnes of CO2e¹⁶. Also, different packaging types have different effects on the environment, with PET being the least harmful¹⁶.

Consumer Shift Towards Healthier Options

People are moving away from sugary drinks towards healthier and greener choices¹⁷. A UK survey showed that only 7% of consumers bought sustainable soft drinks recently, which is less than other eco-friendly items¹⁶.

To meet this new demand, soft drink companies are coming up with new flavors and non-carbonated drinks¹⁷. This change in what people want is pushing the industry to focus more on being sustainable and healthy, keeping up with market trends¹⁷.

“The reduction of glass bottle weight from 550g to less than 420g by 2026 in wine production will result in saving 23,000tCO2e.”

Regional Dynamics and Competitive Landscape

The global soft drink market is shaped by regional trends and intense competition¹⁸. North America, Europe, and Northeast Asia lead in consumption. But, Asia and Latin America are growing fast¹⁸. Big names like Coca-Cola and PepsiCo are fighting for more market share¹⁸. Yet, smaller brands are making their mark, showing the market’s diversity¹⁹.

In 2023, the Soft Drinks Market was worth USD XX.X Billion¹⁸. It’s expected to hit USD XX.X Billion by 2031, growing at a CAGR of XX.X% from 2024 to 2031¹⁸. The Asia-Pacific region leads with about 33% market share¹⁹. Latin America follows with around 19%¹⁹. Growth comes from government support, industrial growth, and more consumer demand in these areas¹⁸.

In developed regions, big players dominate the soft drink market¹⁸. The top 3 companies, Coca-Cola, PepsiCo, and Nestle, control about 35% of the market¹⁹. But, new and healthier options are gaining popularity as consumers look for variety and sustainability¹⁹.

The soft drink market is changing fast, with regional differences and tough competition¹⁸. As what consumers want changes, the industry must keep up with new trends¹⁹. It also needs to handle the challenges of global markets¹⁸¹⁹.

Conclusion

The global soft drink industry is always changing. It’s influenced by what consumers want, worries about the environment, and tough competition²⁰. Big names like Coca-Cola and PepsiCo stay on top²¹. But new markets and unique flavors bring chances for growth in the future of soft drink market²⁰. How well it can change to meet new needs will guide its future.

Soft drinks are a big deal in the beverage world, making $742,235 million in 2021 and growing by 5.41% each year (2021-2025)²⁰. The US was the biggest market for soft drinks in 2021, making $230,468 million, with each person spending about $98.42 on them²⁰. But, the top two companies, Coca-Cola Co and PepsiCo, have a lot of power and spend a lot on things that might not be good for us²¹.

As the soft drink industry changes, it’s key to keep up with what consumers like, tackle environmental issues, and stay competitive²⁰²¹. Being able to innovate and adjust will help decide the global soft drink industry outlook and the future of soft drink market²⁰²¹. How it does this will affect its success and its role in the world of beverages.

Source Links

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