$4.1bn
$XXX.Xm
6,372
176
$XXX.Xm
Soft drink manufacturers are facing challenging conditions. Changing consumer preferences are shifting demand away from beverages that are perceived unhealthy. Additionally, intense price competition among the major manufacturers and private-label competitors is negatively affecting profitability. Even so, these trends have been partially offset by the growing popularity of high-value sports, energy and other drinks, and an increasing focus on diet, low-sugar and sugar-free drinks. Soft drink manufacturers' revenue is expected to fall at an annual average rate of 1.8% over the five years through 2023-24, to $4.1 billion. This includes an anticipated dip of 2.9% in 2023-24 as rising health consciousness and weaker incomes constrain demand.
Industry revenue has declined at a CAGR of 1.8 % over the past five years, to reach an estimated $4.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Coca-Cola Europacific Partners Holdings (Australia) | 1,794.8 | |
Asahi Holdings | 909.6 | |
Bundaberg Brewed Drinks | 217.6 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including High-sugar CSDs, Low-sugar CSDs and Sports drinks. High-sugar CSDs is the largest segment of the Soft Drink Manufacturing in Australia.
Healthier diets are threatening high-sugar CSDs
Industry firms primarily produce canned or bottled soft drinks (carbonated and non-carbonated), sport drinks and energy drinks. The industry does not include the production of bottled water, fruit juice drinks or fruit drinks.
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ANZSIC 1211 - Soft Drink Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Rising health consciousness is eroding demand for soft drinks. Demand for high-sugar CSDs in particular has fallen sharply, with overall soft drink consumption also declining...
Learn about an industry's products and services, markets and trends in international trade.
High-sugar CSDs are falling in importance for soft drink manufacturers. Australians’ declining soft drink consumption due to rising health consciousness is reducing sales.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Soft drink manufacturers are usually located close to areas with high populations. This is to minimise logistic costs, due to soft drinks’ low value-to-weight ratio.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Substitute products represent a substantial form of competition for soft drink manufacturers. Water and juices are two examples of substitute products.
Learn about the performance of the top companies in the industry.
Bundaberg has significantly increased their market share in recent years. They have benefited from falling sales of high-sugar CSDs and broadening consumer tastes.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Soft drink consumption is set to fall in 2023-24. This is poised to weigh on revenue for soft drink manufacturers, as fewer soft drinks will be consumed.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profitability is falling for soft drink manufacturers. This is due to increasing competition from imports and private-label products, weaker demand and rising purchase expens...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Soft Drink Manufacturing industry in Australia is $4.1bn in 2024.
There are 176 businesses in the Soft Drink Manufacturing industry in Australia, which has grown at a CAGR of 2.8 % between 2019 and 2024.
The market size of the Soft Drink Manufacturing industry in Australia has been declining at a CAGR of 1.8 % between 2019 and 2024.
Over the next five years, the Soft Drink Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Soft Drink Manufacturing market in Australia are Coca-Cola Europacific Partners Holdings (Australia), Asahi Holdings and Bundaberg Brewed Drinks
Soft drink production and Syrup production are part of the Soft Drink Manufacturing industry.
The company holding the most market share in Australia is Coca-Cola Europacific Partners Holdings (Australia).
The level of competition is high and increasing in the Soft Drink Manufacturing industry in Australia.