Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Carbonated Beverages Market Outlook
*this image is indicative*
Carbonated soft drinks are driving the Australia carbonated beverages market growth.
Carbonated soft drinks are majorly consumed as they are refreshing and are widely available in supermarkets and convenience stores. Over the period, there has been increasing health consciousness and concerns about sugar content which leads to the growing demand for sugar-free alternatives such as carbonated water and flavoured sparkling water. These beverages enhance performance and energy and provide hydration during physical activity.
Customer tastes and preferences are evolving which leads to the proliferation of exotic and unconventional flavour options including botanicals, tropical fruits, floral extracts and much more which indicates substantial growth in the Australia carbonated beverages market. According to the Australian Bureau of Statistics (ABS), the apparent consumption of soft drinks has increased to 173.8 millilitres per day per capita in 2020-21 from 167.1 millilitres per day per capita in 2019-20, thus impacting the Australia carbonated beverages market growth.
| Australia Carbonated Beverages Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 10.7 |
| Market Size 2032 | AUD Billion | 14.6 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 3.5% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 4.0% |
| CAGR 2024-2032 - Market by Region | Others | 3.6% |
| CAGR 2024-2032 - Market by Product | Carbonated Sports and Energy Drinks | 3.9% |
| CAGR 2024-2032 - Market by Type | Diet | 3.9% |
| Market Share by Region | New South Wales | XX% |
The growing health concerns have led manufacturers to produce healthier alternatives. Pepsi co has launched a new range of no-sugar sparkling water, Bubly, with flavours including pineapple, lime, blackberry, raspberry, and passionfruit. These are prepared with natural fruit flavour with no added sugar or artificial sweeteners.
Australia Carbonated Beverages Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Type
Market Breakup by Distribution Channel
Market Breakup by Region
Standard carbonated beverages are preferred the most due to their wide variety of flavours and strong consumer loyalty to established brands. Standard carbonated drinks are commonly chosen for their traditional taste, availability, and marketing appeal. The popularity of standard carbonated beverages remains high, driven by their established presence and frequent consumption at social gatherings, and events, and as a daily refreshment.
| CAGR 2024-2032 - Market by | Region |
| Australian Capital Territory | 4.0% |
| Others | 3.6% |
| Queensland | 3.2% |
| New South Wales | XX% |
| Victoria | XX% |
| Western Australia | XX% |
The growth of the carbonated beverages market is fuelled by increasing demand for healthier non-alcoholic beverages, growing health consciousness and concerns, and new low-sugar product launches.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The Australia carbonated beverages market was valued at AUD 10.66 billion in 2023.
The market is projected to grow at a CAGR of 3.52% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 14.55 billion in 2032.
Based on the product, the carbonated beverages market is bifurcated into carbonated soft drinks, carbonated water, carbonated sports and energy drinks and others.
Key players in the industry are The Coca Cola Company, PepsiCo, Inc., Refresco Group, Suntory Holdings Limited, and Asahi Group Holdings among others.
Based on type, the carbonated beverages market is divided into standard and diet.
The different distribution channels in the carbonated beverages market include supermarkets and hypermarkets, convenience stores, speciality stores, online and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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