Summary
Soft Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The soft drinks market includes retail sales of carbonates, packaged water, energy drinks, iced/RTD tea drinks, still drinks, juice, and others. The scope of others includes bulk/HOD, enhanced water, flavored water, fruit powders, iced/RTD coffee drinks, nectars, sports drinks, and squash/syrups.
- The South African soft drinks market recorded revenues of $8,714.8 million in 2024, representing a compound annual growth rate (CAGR) of 3.9% between 2019-24.
- Market consumption volume increased with a CAGR of 2.2% between 2019-24, reaching a total of 10,987.8 million liters in 2024.
- The South African soft drinks market registered moderate growth during 2019-24, primarily driven by consumers gradually resuming out-of-home activities after pandemic disruptions, with rising consumers' disposable income and strong demand for affordable refreshment, particularly carbonates, flavored waters, and ready-to-drink teas.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soft drinks market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soft drinks market in South Africa
- Leading company profiles reveal details of key soft drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa soft drinks market with five year forecasts
Reasons to Buy
- What was the size of the South Africa soft drinks market by value in 2024?
- What will be the size of the South Africa soft drinks market in 2029?
- What factors are affecting the strength of competition in the South Africa soft drinks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's soft drinks market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South African soft drinks market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies' market shares have suffered during 2019-24?
7.5. What are the most popular brands in the South African soft drinks market?
8 Company Profiles
8.1. The Coca-Cola Co
8.2. Lodestone Brands Pty Ltd
8.3. Tiger Brands Ltd
8.4. PepsiCo Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Africa soft drinks market value: $ million, 2019-24
Table 2: South Africa soft drinks market volume: million liters, 2019-24
Table 3: South Africa soft drinks market category segmentation: % share, by value, 2019-24
Table 4: South Africa soft drinks market category segmentation: $ million, 2019-24
Table 5: South Africa soft drinks market geography segmentation: $ million, 2024
Table 6: South Africa soft drinks market distribution: % share, by volume, 2024
Table 7: South Africa soft drinks market value forecast: $ million, 2024-29
Table 8: South Africa soft drinks market volume forecast: million liters, 2024-29
Table 9: South Africa soft drinks market share: % share, by volume, 2024
Table 10: The Coca-Cola Co: Key Facts
Table 11: The Coca-Cola Co: Annual Financial Ratios
Table 12: The Coca-Cola Co: Key Employees
Table 13: The Coca-Cola Co: Key Employees Continued
Table 14: Lodestone Brands Pty Ltd: Key Facts
Table 15: Lodestone Brands Pty Ltd: Key Employees
Table 16: Tiger Brands Ltd: Key Facts
Table 17: Tiger Brands Ltd: Annual Financial Ratios
Table 18: Tiger Brands Ltd: Key Employees
Table 19: PepsiCo Inc: Key Facts
Table 20: PepsiCo Inc: Annual Financial Ratios
Table 21: PepsiCo Inc: Key Employees
Table 22: South Africa Size of Population (Million), 2020-23
Table 23: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 25: South Africa Inflation, 2020-23
Table 26: South Africa Consumer Price Index (Absolute), 2020-24
Table 27: South Africa Exchange Rate, 2019-24
List of Figures
Figure 1: South Africa soft drinks market value: $ million, 2019-24
Figure 2: South Africa soft drinks market volume: million liters, 2019-24
Figure 3: South Africa soft drinks market category segmentation: $ million, 2019-24
Figure 4: South Africa soft drinks market geography segmentation: % share, by value, 2024
Figure 5: South Africa soft drinks market distribution: % share, by volume, 2024
Figure 6: South Africa soft drinks market value forecast: $ million, 2024-29
Figure 7: South Africa soft drinks market volume forecast: million liters, 2024-29
Figure 8: Forces driving competition in the soft drinks market in South Africa, 2024
Figure 9: Drivers of buyer power in the soft drinks market in South Africa, 2024
Figure 10: Drivers of supplier power in the soft drinks market in South Africa, 2024
Figure 11: Factors influencing the likelihood of new entrants in the soft drinks market in South Africa, 2024
Figure 12: Factors influencing the threat of substitutes in the soft drinks market in South Africa, 2024
Figure 13: Drivers of degree of rivalry in the soft drinks market in South Africa, 2024
Figure 14: South Africa soft drinks market share: % share, by volume, 2024