India Soft Drinks Market Report and Forecast 2025-2034
Market Report I 2025-05-29 I 119 Pages I EMR Inc.
The India soft drinks market reached USD 5.50 Billion in 2024. The market is expected to grow at a CAGR of 7.03% between 2025 and 2034, reaching USD 10.85 Billion by 2034.
India Soft Drinks Market Growth
Carbonated beverages are driving growth in the India soft drinks market, as many consumers enjoy the fizzy sensation and the unique taste imparted by carbon dioxide.
Carbonated beverages are characterised by their effervescence and offer a wide array of flavours. Colas, lemon-lime sodas, and sparkling waters are popular choices among consumers, specifically those who are looking for a refreshing and bubbly drink experience. With their versatility and ability to be enjoyed on their own or as mixers in cocktails, carbonated soft drinks maintain a significant presence in the market, appealing to a broad target audience.
On October 4, 2023, Coca-Cola India launched 100% recycled PET bottles for its Coca-Cola carbonated beverages segments. These bottles will be available in 250 ml and 750 ml pack sizes across various Indian markets. These bottles were another step in Coca-Cola India's sustainability journey, following the earlier launch of PET bottles for its Kinley packaged drinking water brand.
The non-carbonated segment of the soft drinks market targets consumers who are looking for beverages without fizz. Fruit juices, iced teas, sports drinks, and functional beverages fall into this category, providing consumers with options for drinks containing natural flavours and certain health benefits. These beverages often capitalise on trends such as wellness and hydration, boasting nutritional enhancements that consumers need. They are specifically appealing to health-conscious individuals and those seeking a smoother beverage experience.
India Soft Drinks Market Segmentation
India 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 Region
- North India
- East and Central India
- West India
- South India
India Soft Drinks Market Share
Based on the distribution channel, the soft drink market is divided into hypermarkets, supermarkets, and convenience stores. Hypermarkets and supermarkets offer a one-stop solution for consumers, providing extensive variety at good discounts. Over the forecast period, soft drink products are expected to emerge as an important market segment and are expected to grow due to increased urbanisation, changes in lifestyles, and increased consumption of caffeinated and carbonated drinks.
Leading Companies in the India 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 capacity expansion.
- PepsiCo, Inc.
- The Coca-Cola Company
- Red Bull GmbH
- Monster Beverage Corporation
- Nestle S.A.
- HAMMER NUTRITION INDIA B.V.
- PRIME Hydration, LLC
- Reliance Industries Limited
- Parle Agro Pvt. Ltd.,
- NAM VIET FOODS & BEVERAGE JSC
- Others
Major players in the soft drinks market strategically operate in high-density areas like hotels, restaurants, and cafes to bolster brand visibility and recognition. These placements serve to address immediate consumer needs within the hospitality sector, driving increased foot traffic and sales. By offering a diverse range of soft drink options in these establishments, major players can effectively promote their products to a varied audience within the HoReCa sector.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Soft Drinks Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Soft Drinks Historical Market (2018-2024)
5.3 Asia Pacific Soft Drinks Market Forecast (2025-2034)
5.4 Asia Pacific Soft Drinks Market Breakup by Country
5.4.1 China
5.4.2 Japan
5.4.3 India
5.4.4 ASEAN
5.4.5 Australia
5.4.6 Others
6 India Soft Drinks Market Overview
6.1 Key Industry Highlights
6.2 India Soft Drinks Historical Market (2018-2024)
6.3 India Soft Drinks Market Forecast (2025-2034)
7 India Soft Drinks Market by Product Type
7.1 Carbonated
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Non-Carbonated
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Energy and Sports Drinks
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 India Soft Drinks Market by Type
8.1 Low/No Calorie
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Regular
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 India Soft Drinks Market by Packaging
9.1 Plastic Bottles
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Metal Cans
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Glass Bottles
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Board Cartons and Boxes
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Others
10 India Soft Drinks Market by Distribution Channel
10.1 Hypermarkets/Supermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 HoReCa
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Online Channels
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 India Soft Drinks Market by Region
11.1 North India
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 East and Central India
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 West India
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 South India
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyer's Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 PepsiCo, Inc.
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 The Coca-Cola Company
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Red Bull GmbH
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Monster Beverage Corporation
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Nestle S.A.
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 HAMMER NUTRITION INDIA B.V.
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 PRIME Hydration, LLC
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Reliance Industries Limited
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 Parle Agro Pvt. Ltd.
13.5.9.1 Company Overview
13.5.9.2 Product Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 NAM VIET FOODS & BEVERAGE JSC
13.5.10.1 Company Overview
13.5.10.2 Product Portfolio
13.5.10.3 Demographic Reach and Achievements
13.5.10.4 Certifications
13.5.11 Others
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