Key Highlights
- The soft drinks market includes retail sales of carbonates, packaged water, energy drinks, iced/RTD tea drinks, still drinks, juice, and others. The scope of others includes bulk/HOD, enhanced water, flavored water, fruit powders, iced/RTD coffee drinks, nectars, sports drinks, and squash/syrups.
- The Australian soft drinks market recorded revenues of $12.44 billion in 2024, representing a compound annual growth rate (CAGR) of 3.9% between 2019-24.
- Market consumption volume increased with a CAGR of 0.4% between 2019-24, reaching a total of 4.86 billion liters in 2024.
- The Australian soft drinks market registered moderate growth during 2019-24 as demand remained steady despite shifting consumer preferences, with premiumization, flavor innovation, and the expansion of no-sugar and low-calorie variants helping offset the gradual decline in traditional carbonates.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the soft drinks market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soft drinks market in Australia
- Leading company profiles reveal details of key soft drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia soft drinks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia soft drinks market by value in 2024?
- What will be the size of the Australia soft drinks market in 2029?
- What factors are affecting the strength of competition in the Australia soft drinks market?
- How has the market performed over the last five years?
- How large is Australia’s soft drinks market in relation to its regional counterparts?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Coca-Cola Co
- Asahi Group Holdings Ltd
- Coca-Cola Europacific Partners Plc
- PepsiCo Inc

