The South Africa soft drinks market is set for accelerated growth, with USD 6.9 billion in value addition and a compound annual growth rate (CAGR) of 10.2%, showcasing strong upward momentum through 2029. South Africa’s soft drinks market is driven by a growing middle class, urbanization, and rising disposable incomes. While carbonated drinks and bottled water remain the most popular categories, there is increasing demand for fruit juices and functional beverages, including energy drinks and vitamin-enhanced waters. Health-conscious trends are also shaping the market, with consumers seeking low-sugar, sugar-free, and natural drinks. The rise of modern retail outlets and e-commerce platforms is further enhancing access to a wider variety of beverages, contributing to market expansion.
This report provides a thorough assessment of the South Africa soft drinks industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, type, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the soft drinks industry.
Market Segmentation
The South Africa soft drinks market is categorized into the following segments:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The South Africa soft drinks market is categorized by product type, type, packaging and distribution channel. By product type, the market includes bottled water, carbonated soft drinks, concentrates, juices, RTD tea, energy drinks, and sports drinks. Type segmentation includes regular, and low- and no-sugar soft drinks. Packaging segments encompass flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
Leading companies in the soft drinks market include Unilever PLC, Twizza (Pty) Ltd, Tiger Brands Limited, The Coca-Cola Company, The Beverage Company (BevCo), Suntory Holdings Limited, RFG Holdings Limited, Red Bull GmbH, PepsiCo Inc., Monster Beverage Corporation, Long4Life Limited, Lactalis South Africa (Pty) Ltd., Kingsley Beverages (Pty) Ltd., Ekhamanzi Springs (Pty) Ltd., Dynamic Brands (Pty) Ltd. and Clover S.A. (Pty) Ltd.
This comprehensive report analyzes the performance of leading companies in the soft drinks sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Africa soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the South Africa soft drinks market: product type, type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Africa Soft Drinks Market – Product Type Analysis
South Africa Soft Drinks Market – Type Analysis
South Africa Soft Drinks Market – Packaging Analysis
South Africa Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Twizza (Pty) Ltd
– Tiger Brands Limited
– The Coca-Cola Company
– The Beverage Company (BevCo)
– Suntory Holdings Limited
– RFG Holdings Limited
– Red Bull GmbH
– PepsiCo, Inc.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Africa Soft Drinks Market 2019-2029
Chart South Africa Soft Drinks Market, Net Growth, 2019-2029
Chart South Africa Soft Drinks Market, Growth Rates, 2019-2029
Table South Africa Soft Drinks Market by Product Type, 2019-2029
Chart South Africa Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Soft Drinks Market by Product Type, 2019-2029
Table South Africa Soft Drinks Market by Type, 2019-2029
Chart South Africa Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Soft Drinks Market by Type, 2019-2029
Table South Africa Soft Drinks Market by Packaging, 2019-2029
Chart South Africa Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart South Africa Soft Drinks Market by Packaging, 2019-2029
Table South Africa Soft Drinks Market by Distribution Channel, 2019-2029
Chart South Africa Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Africa Soft Drinks Market by Distribution Channel, 2019-2029
Table South Africa Soft Drinks Market Share (%), by Companies, 2019-2023
Chart South Africa Soft Drinks Market, by Companies, 2023
Table South Africa Soft Drinks Market Share (%), by Brands, 2019-2023
Chart South Africa Soft Drinks Market, by Brands, 2023
Table South Africa – Population (Millions) and Forecast
Table South Africa – Consumer Price Index (CPI) and Forecast
Table South Africa – Gross Domestic Product and Forecast
Table South Africa Soft Drinks Market: Spend as a Proportion of GDP (%)
Table South Africa Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Twizza (Pty) Ltd
Tiger Brands Limited
The Coca-Cola Company
The Beverage Company (BevCo)
Suntory Holdings Limited
RFG Holdings Limited
Red Bull GmbH
PepsiCo, Inc.
Monster Beverage Corporation
Long4Life Limited
Lactalis South Africa (Pty) Ltd.
Kingsley Beverages (Pty) Ltd.
Ekhamanzi Springs (Pty) Ltd.
Dynamic Brands (Pty) Ltd.
Clover S.A. (Pty) Ltd.