Soft Drink Concentrates Market Size to Hit USD 40.06 Bn in 2025

Soft Drink Concentrates Market Size, Growth, and Trends 2025 to 2034

The global soft drink concentrates market size is projected to expand from USD 40.06 billion in 2025 to USD 53.75 billion by 2034, growing at a CAGR of 3.32% during the forecast period from 2025 to 2034. This growth is driven by the rising consumption of carbonated and non-carbonated beverages, increasing urbanization and lifestyle changes, and the growing demand for cost-effective beverage production solutions by manufacturers worldwide.

Last Updated: 16 September 2025 Category: B2C Food & Beverages Products Insight Code: 5836 Format: PDF / PPT / Excel

Soft Drink Concentrates Market Size, Share and Demand Analysis

The global soft drink concentrates market size reached at USD 38.77 billion in 2024 and is anticipated to increase from USD 40.06 billion in 2025 to an estimated USD 53.75 billion by 2034, witnessing a CAGR of 3.32% during the forecast period from 2025 to 2034. The growth of the market is driven by the increasing demand for natural and sugar-free options, which may enhance consumer health and wellness.

Soft Drink Concentrates Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the soft drink concentrates market share of 36% in 2024, driven by the increasing demand for ready-to-drink options. 
  • By region, Asia Pacific is expected to grow fastest during the forecast period, driven by the growing middle-class population. 
  • By product, the liquid syrup concentrates segment held a major market share of approximately 50% in 2024, driven by the increasing busy lifestyles. 
  • By product, the pod/catridge concentrates segment is projected to grow at a CAGR between 2025 and 2034, due to the demand for functional ingredients. 
  • By ingredient, the fruit-derived concentrates segment held a major market share of approximately 47% in 2024, driven by increasing demand for fruit juices. 
  • By ingredient, the functional ingredient segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing demand for functional ingredients. 
  • By flavor, the cola segment held a major market share of approximately 26% in 2024, driven by the increasing demand for cold drink consumptions. 
  • By flavor, the exotic and regional flavors segment is projected to grow at a CAGR between 2025 and 2034, driven by increasing affordability and accessibility. 
  • By end use, the regional/local bottlers & co-packers segment held a major market share of approximately 41% in 2024, driven by the increasing demand for offline stores and retail channels. 
  • By end use, the retail consumers segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing demand for organic and sustainable beverages. 

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 3.32%
Market Size in 2025 USD 40.06 Billion
Market Size in 2026 USD 41.39 Billion
Market Size by 2034 USD 53.75 Billion
Largest Market North America
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Increasing Demand for Low-Calorie and Functional Ingredients May Revolutionize the Market Expansion in 2024

Soft drink concentrates market offer the industry and revenue to capitalize on this preference by offering an effective platform for the establishment of healthy beverage alternatives. Manufacturers are meeting the preferences of health-conscious consumers and can formulate concentrates with innovative functional ingredients, reduced sugar content and natural sweeteners. The global market is driven by factors such as growing middle-class population, growing rapid urbanization, increasing disposable incomes and increasing demand for functional, sugar-free and low-calorie beverages.

The market is also drive by factors such as the rising technological advancements in soft drink concentrates, rising number of developing markets, increasing consumer towards environmentally sustainability, increasing adoption of on-the-go beverage option, increasing busy lifestyles, growing e-commerce platforms and increasing demand for cost-effective and convenient beverage options.

  • Increasing consumer preferences: By mixing concentrates with soda and water, consumers are interested in experimenting with DIY drinks and are looking for various beverage options, expected to drive market growth.
  • Rising functional and innovation ingredients: To serve to increasing consumer needs and health-oriented preferences, manufacturers are formulating concentrates with functional ingredients, which are expected to drive the growth of the soft drink concentrates.
  • Increasing consumer health-awareness: The increasing health-conscious population is accelerating demand for natural, low-calorie and sugar-free beverage alternatives, which concentrates can offer, which further expected to drive the market growth during the forecast period. 

Market Opportunity

Health-Oriented Formulations and Personalized Flavors

One of the major opportunities revolutionizing market growth is the rising adoption of health-oriented formulations and personalized flavors. The increasing demand for personalized flavor experiences is the major trend in this industry. To develop soft drink concentrates that serve to dietary preferences, including fortified, organic or low sugar with vitamins, manufacturers are rapidly leveraging data-driven insights. In addition, consumers are looking for beverages that align with health goals and taste good.

Soft drink concentrates connected with functional ingredients, including electrolytes, probiotics and antioxidants are gaining popularity among health-conscious consumers. Furthermore, rising innovations in smart beverages, which enable consumers to use apps and scan QR codes to track nutritional intake and select preferred concentrates, which further expected to revolutionize the growth of the soft drink concentrates market in the coming years. 

Market Challenge

High Sugar Content and Perception of Artificiality

One of the major factors restraining market growth is in the increasing perception of artificiality and presence of high sugar content. Due to awareness about synthetic ingredients, preservatives and additives, health-aware consumers may avoid these products. To address these issues brands are adopting clean-label practices. Without compromising taste, reformulating products remains a major challenge, which may expect to restrain the growth of the soft drink concentrates market. 

Soft Drink Concentrates Market Regional Insights

How North America Dominates the Soft Drink Concentrates Market Revenue in 2024?

North America dominated the global market revenue in 2024. The market growth in the region is driven by factors such as the increasing demand for healthy beverages, increasing demand for organic and natural ingredients, strong retail channel, increasing demand in both foodservice and households, increasing demand for convenient drink options and increasing demand for functional, sugar-free and low-calorie beverages. The

U.S. and Canada are Dominating Countries Driving the Market Growth in the Region. 

The U.S. dominated the market revenue in 2024, driven by the increasing popularity of mix-at-home and DIY beverages solutions, increasing consumer focus on functional drinks and personal wellness, increasing consumer preferences towards zero-calorie and reduced-sugar alternatives and increasing trend towards healthy beverage consumption.

Soft Drink Concentrates Market Share, By Region, 2024 (%)

Asia Pacific Soft Drink Concentrates Market Trends

Asia Pacific is expected to grow fastest during the forecast period. The market growth in the region is attributed to various factors such as the increasing demand for soft drinks consumption, increasing growth in convenience store penetration and e-commerce, increasing awareness of healthy drink additives, increasing demand for shelf-stable and affordable beverages, rising rapid urbanization and increasing disposable incomes. China, India, Japan and South Korea are the fastest growing countries driving the market growth in the region. 

Segment Insights

Product Insights

How do the Liquid Syrup Concentrates Segment Dominates the Soft Drink Concentrates Market Revenue in 2024?

The liquid syrup concentrates segment dominated the global market revenue in 2024. The liquid syrup concentrates play an important role in soft drink concentrates due to their versatility and high potency. It offers concentrated nutrients, active ingredients and flavors that can be re-diluted for foods, pharmaceuticals and beverages. In addition, there are various benefits of liquid syrup concentrates, such as providing a highly content substance, decrease transportation and storage costs, increase shelf life and reduce water content, which further expected to drive the segment growth.

The Pod/Cartridge Concentrates Segment is Expected to Grow Fastest During the Forecast Period. 

The pod/catridge concentrates plays a vital role due to their direct use, convenience and portability. They offer a smoke-free and cleaner consumption experience with various effects and flavor profiles. In addition, the pod/catridge concentrates have various health benefits such as discreet consumption, portability and convenience, potency and control, clean and hassle-free, user-friendly technology and variety of experiences, which further expected to drive the segment growth in the global market.

Ingredient Insights

Why Fruit-derived Concentrates Segment Dominates the Soft Drink Concentrates Market Revenue in 2024?
The fruit-derived concentrates segment dominated the market revenue in 2024. The fruit-derived concentrates offer nutrients, colors and rich nutrients in a easy-to-transport and shelf-stable form and further make them a versatile and cost-effective ingredient for the food and beverage market. In addition, fruit-derived concentrates also help reduce production costs, improve product consistency and serve to the increasing consumer demand for plant-based and natural products, which may expect to enhance the demand for fruit-derived concentrates in the global market.

The Functional Ingredient Concentrates Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is attributed to the increasing accessibility and convenience, rising product innovation, increasing focus on sustainable alternatives, increasing demand for plant-based options, improving product functionality, increasing consumer preference towards sustainability and improved stability and formulation. 

Flavor Category Insights

What Factors Help Cola Segment Grow in 2024?

The cola segment dominated the soft drink concentrates market revenue in 2024. The segment growth in the global market is attributed to factors such as improved customization, increasing consistency, reducing transportation storage and costs, providing the desired level of sweeteners and enhanced flavor profile. By containing vital sweeteners and flavors, cola concentrates provide a cost-effective and convenient to produce a consistent and popular cola-flavored beverage, which further expected to fuel the market growth.

The Exotic and Regional Flavors Segment is Expected to Grow Fastest During the Forecast Period. 

The exotic and regional flavors play a vital role in soft drink concentrates as they offer unique sensory experiences and attract diverse consumers to capture market share and differentiate products by serving to evolving tastes for cultural exploration, convenience and novelty, which expected to fuel the segment growth.

End Use Insights

How Regional/Local bottlers & Co-Packers Segment Dominates the Soft Drink Concentrates Market Revenue in 2024?

The regional or local bottlers & co-packers segment dominated the global market revenue in 2024. Regional or local co-packers and bottlers are vital in the soft drink concentrate supply chain to specialized production expertise, access to local resources, and reduced shipping costs. They also help maintain quality control, and expand their brand presence, which further expected to drive the segment growth.

The Retail Consumers Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the soft drink concentrates market is driven by factors such as the increasing consumer preference towards functional, natural and health-oriented concentrates, increasing demand for offline stores and in-store promotions, increasing consumer awareness towards health and wellness, growing e-commerce platforms and increasing consumer preference towards health features and new flavors.

Soft Drink Concentrates Market - Value Chain Analysis

Raw Material Procurement

  • In the soft drink concentrates industry, the raw material procurement deals with strategic procedure of purchasing, evaluating and sourcing of fish oil from the various vitamins, minerals and other probiotics.

Packaging and Branding

  • Branding and Packaging for soft drink concentrates market focuses on creating packaging which may ensures remain stable, safe and fresh by protecting them from contamination, light and moisture.

Waste Management and Recycling

  • The waste management and recycling in the soft drink concentrates industry are including rejected batches and leftover raw materials such as sweeteners, flavors and tastes, which may drive market growth during the forecast period. 

Recent Developments in the Soft Drink Concentrates Market

Spindrift Beverage Co. Inc.

  • Launch: In February 2025, the newest addition to its product portfolio, Spindrift SODA, was launched by Spindrift Beverage Co. Inc., Newton, Mass, with the launch of Strawberry Shortcake, Shirley Temple, Orange Cream Float, Ginger Ale and Concord Freeze. (Source: Beverage Industry)

Fermenthe

  • Launch: In February 2025, a ready-to-drink RTD kombucha was launched by the Thailand-based Fermenthe to contain the highest concentrate of tea across the globe. This drink is targeted at a female audience looking for weight management and beauty functionalities. (Source: Food Navigator-Asia)

Nescafe

  • Launch: In January 2025, in response to rising demand for cold coffee, Nescafe announced the launch of Espresso Concentrate in the U.S. This concentrate enables consumers to make personalized and barista-style cold espresso. (Source: Global Coffee Report)

Soft Drink Concentrates Market Leading Companies

Soft Drink Concentrates Market Companies

Segments Covered in the Report

By Product Form 

  • Liquid syrup concentrates 
  • Powdered concentrates 
  • Frozen/retort concentrates 
  • Pod/cartridge concentrates 

By Ingredient Base 

  • Fruit-derived concentrates 
  • Botanical & tea extracts 
  • Functional ingredient concentrates (vitamins, electrolytes, proteins) 
  • Flavor-only concentrates (aroma/flavor enhancers without functional load) 

By Flavor Category 

  • Cola 
  • Citrus (orange, lemon, lime, grapefruit) 
  • Tropical fruits (mango, pineapple, guava) 
  • Berry & temperate fruits (apple, grape, strawberry, etc.) 
  • Exotic/regional flavors (lychee, tamarind, acerola, etc.) 
  • Tea-based flavors 
  • Coffee-based flavors 
  • Spiced & herbal flavors (ginger, mint, etc.) 

By End-User/Customer Type 

  • Global brand bottlers 
  • Regional/local bottlers & co-packers 
  • Foodservice/HORECA (restaurants, cafés, bars) 
  • Vending & dispensing operators 
  • Retail consumers (home-dilute products)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Latin America
Share With : linkedin twitter facebook
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global soft drink concentrates market was valued at USD 38.77 billion in 2024 and is projected to reach USD 53.75 billion by 2034, growing at a CAGR of 3.32%, driven by rising demand for natural, functional, and low-calorie beverages.

North America dominated with 36% market share in 2024, supported by strong retail channels, demand for organic beverages, and growth in mix-at-home solutions.

The key restraints include perceptions of artificiality, concerns over high sugar content, and reformulation challenges in delivering clean-label and natural products.

The liquid syrup concentrates segment dominated in 2024 with nearly 50% share, due to versatility, cost-effectiveness, and longer shelf life.

Fruit-derived concentrates led with 47% share in 2024, supported by demand for natural, plant-based ingredients and cost-effectiveness in production.

The cola segment accounted for 26% share in 2024, thanks to global familiarity, affordability, and ease of formulation for mass consumption.

Key players include The Coca-Cola Company, PepsiCo, Keurig Dr Pepper, Refresco, Döhler, Ingredion, Tate & Lyle, Kerry Group, Givaudan, and ADM, focusing on innovation and healthier formulations.

The shift toward health-oriented and personalized beverages is reshaping the industry, with growing adoption of organic, fortified, and smart concentrates.