The Azerbaijan soft drinks market is on track to grow from USD 1,135.1 million in 2023 to USD 1,978.2 million by 2029, with a projected CAGR of 9.7% across the forecast period. In Azerbaijan, the soft drinks market is growing due to rising urbanization and an expanding middle class, which is driving demand for a variety of soft drinks, including carbonated beverages, bottled water, and juices. The shift towards healthier, low-calorie drinks is notable, as consumers are increasingly aware of the health risks associated with sugary beverages. Additionally, the country’s hot climate fosters the demand for refreshing drinks, particularly bottled water and juices. The introduction of new and international soft drink brands, alongside the growing popularity of flavored water and energy drinks, is further diversifying the market.
This report provides a thorough assessment of the Azerbaijan 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 Azerbaijan soft drinks market is categorized into the following segments:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy 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, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The soft drinks market in the Azerbaijan is segmented by product type, type, packaging and distribution channel. The market is classified by product type into bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, and energy drinks. Type segments are divided into 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, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The competitive landscape of the soft drinks market features leading companies such as Unilever PLC, The Coca-Cola Company, TAC MMC, Red Bull GmbH, PepsiCo Inc., Nestle S.A., Modern Group MMC, JSC Healthy Water Inc., IDS Borjomi OOO, Hell Energy Magyarorszag Kft, Gilan Holding MMC, Gemigaya Mineral Waters LLC, Gedebey Mineral Sulari MMC, DAMLA LTD MMC, Babek Sirab Ltd., Azersun Holding MMC, Avrora Group and A+Co MMC.
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 Azerbaijan soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Azerbaijan 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 Azerbaijan soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Azerbaijan 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
Azerbaijan Soft Drinks Market – Product Type Analysis
Azerbaijan Soft Drinks Market – Type Analysis
Azerbaijan Soft Drinks Market – Packaging Analysis
Azerbaijan Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– The Coca-Cola Company
– TAC, MMC
– Red Bull GmbH
– PepsiCo, Inc.
– Nestle S.A.
– Modern Group MMC
– JSC Healthy Water Inc.
– IDS Borjomi, OOO
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Azerbaijan Soft Drinks Market 2019-2029
Chart Azerbaijan Soft Drinks Market, Net Growth, 2019-2029
Chart Azerbaijan Soft Drinks Market, Growth Rates, 2019-2029
Table Azerbaijan Soft Drinks Market by Product Type, 2019-2029
Chart Azerbaijan Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Soft Drinks Market by Product Type, 2019-2029
Table Azerbaijan Soft Drinks Market by Type, 2019-2029
Chart Azerbaijan Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Soft Drinks Market by Type, 2019-2029
Table Azerbaijan Soft Drinks Market by Packaging, 2019-2029
Chart Azerbaijan Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Soft Drinks Market by Packaging, 2019-2029
Table Azerbaijan Soft Drinks Market by Distribution Channel, 2019-2029
Chart Azerbaijan Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Soft Drinks Market by Distribution Channel, 2019-2029
Table Azerbaijan Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Azerbaijan Soft Drinks Market, by Companies, 2023
Table Azerbaijan Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Azerbaijan Soft Drinks Market, by Brands, 2023
Table Azerbaijan – Population (Millions) and Forecast
Table Azerbaijan – Consumer Price Index (CPI) and Forecast
Table Azerbaijan – Gross Domestic Product and Forecast
Table Azerbaijan Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Azerbaijan Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
The Coca-Cola Company
TAC, MMC
Red Bull GmbH
PepsiCo, Inc.
Nestle S.A.
Modern Group MMC
JSC Healthy Water Inc.
IDS Borjomi, OOO
Hell Energy Magyarorszag Kft
Gilan Holding, MMC
Gemigaya Mineral Waters LLC
Gedebey Mineral Sulari MMC
DAMLA LTD MMC
Babek Sirab Ltd.
Azersun Holding MMC
Avrora Group
A+Co MMC