Europe Soft Drinks Market Report and Forecast 2025-2034

The Europe soft drinks market reached USD 92.25 Billion in 2024. The market is expected to grow at a CAGR of 4.90% between 2025 and 2034, reaching USD 148.84 Billion by 2034.

Europe Soft Drinks Market Growth

Growth in the Europe soft drinks market is led by carbonated drinks for their appeal to the masses and a brand image that had been forged over the years by FMCG companies

Carbonated beverages, often referred to as soda or fizzy drinks, have long been favoured beverages at gatherings and social events where alcoholic drinks may not be a preference. Brands such as Coca-Cola, Pepsi, Sprite, and Fanta among others, have a diverse range of flavours that are cherished for their refreshing qualities.

The soft drinks industry in the domestic market is picking up as companies employ innovative marketing strategies and rising investment activities being observed in the soft drink industry. For instance, In May 2024, Ice, a new soft drink brand with popular flavours derived from natural ingredients, was introduced in the UK. The assortment of flavours includes Mango Ice, Strawberry Ice, Citrus Ice, Lemon Ice, Orange Ice, and Classic Ice Cola. Ice Pro Max is another sugar-free option. Moreover, the beverages are offered in different categories such as 330ml glass bottles, 2L PET bottles, and cans.

Non-carbonated beverages like fruit juices, bottled water, and sports drinks have seen a surge in popularity, especially among health-conscious consumers. Fruit juices and bottled water are experiencing a rise in demand due to their natural ingredients, and absence of additives or preservatives.

Europe Soft Drinks Market Segmentation

Europe Soft Drinks Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Carbonated
• Non-Carbonated
• Energy and Sports Drinks

Market Breakup by Type

• Low/No Calorie
• Regular

Market Breakup by Packaging

• Plastic Bottles
• Metal Cans
• Glass Bottles
• Board Cartons and Boxes
• Others

Market Breakup by Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• HoReCa
• Online Channels
• Others

Market Breakup by Country

• United Kingdom
• Germany
• Italy
• France
• Others

Europe Soft Drinks Market Share

The soft drinks market is led by metal cans as a means of storing and transporting soft drinks. Aluminium cans are highly recyclable and have a high recycling rate, which contributes to sustainability efforts. Cans have smooth surfaces which also provide ample space for branding and graphics leading to enhanced brand recognition.

Leading Companies in the Europe Soft Drinks Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and production expansion.

• PepsiCo, Inc.
• The Coca-Cola Company
• Red Bull GmbH
• Monster Beverage Corporation
• Nestlé S.A.
• HAMMER NUTRITION EUROPE B.V.
• AriZona Beverages USA
• Clearly Drinks Ltd.
• Britvic plc
• PRIME Hydration, LLC
• Others

Major market players are expanding their outreach by investing in health and wellness through healthier soft drink options and focusing on sustainability and plant-based product options.