Soft drinks in 2024: The big picture
In 2024, stable off-trade volume growth was maintained in soft drinks in Brazil, with sales increasing across most categories. Brazil is a significant player in the global soft drinks industry, with some unique characteristics that set it apart from other countries.
2024 key trends
The heatwaves seen in Brazil throughout 2024 intensified the demand for cold, non-alcoholic drinks, helping soft drinks to grow at a faster pace than alcoholic drinks and hot drinks in the country in off-trade volume terms. However, the recent scenario of inflationary peaks favoured smaller packaging over larger products, as they involved a lower cost per purchase, despite a higher price per litre.
Competitive landscape
The competitive landscape in soft drinks in Brazil is characterised by the dominance of major global brands, with local and regional players gradually gaining visibility.
Retailing developments
Supermarkets and hypermarkets continued to be the leading distribution channels for most soft drinks categories in Brazil in off-trade volume terms in 2024, including carbonates, juice, bottled water, sports drinks, energy drinks, concentrates, and RTD tea. These channels offer a wide variety of brands and formats, making them convenient for consumers to purchase their preferred drinks.
Foodservice vs retail split
In 2024, the split between foodservice (on-trade) and retail (off-trade) volumes remained largely unchanged in Brazil, with only a marginal uptick in the share of foodservice, as consumers continued to embrace social gatherings post-COVID-19. Foodservice operators have been actively pursuing new strategies centred on experiences and innovation.
What next for soft drinks?
Moving forward, soft drinks in Brazil is expected to see a solid positive off-trade volume CAGR over 2024-2029, with increases across most categories. As soft drinks consumption has levelled off in more developed nations, players have shifted their focus to emerging markets, where populations are particularly influenced by the major multinational brands.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Soft Drinks industry in Brazil with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Bottled Water
- Carbonates
- Concentrates
- Juice
- RTD Coffee
- RTD Tea
- Energy Drinks
- Sports Drinks
- Asian Speciality Drinks
If you're in the Soft Drinks industry in Brazil, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Soft Drinks in Brazil report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Soft Drinks in Brazil?
- To what extent are health considerations impacting consumption of Soft Drinks in Brazil?
- How are changing social attitudes and legislation (eg sugar tax) reshaping demand and consumption?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Soft Drinks in Brazil?
- Which are the leading brands in Soft Drinks in Brazil?
- What potential exists for multinational or domestic soft drinks companies to expand in Brazil?
- How are products distributed in Soft Drinks in Brazil?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How have home seclusion and social distancing measures following COVID-19 impacted sales of Soft Drinks?
- How are sustainability issues, such as environmentally-friendly packaging, legislation on recyclability, or the amount of plastic in bottles, impacting the soft drinks industry?
- Where is future growth expected to be most dynamic?
Soft Drinks in Brazil
Soft drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
Fountain sales in Brazil
Trends
DISCLAIMER
Bottled Water in Brazil
KEY DATA FINDINGS
Heatwaves and rising health awareness drive bottled water consumption
New launches invest in new formats and consumption occasions
Bottled water continues to be sold mainly though supermarkets and hypermarkets
Inadequate waste management leads to lack of access to quality drinking water
Carbonated water is more frequently used in mocktails, and is expected to grow as healthier alternative
Flavoured bottled water set to see rapid growth, considered a healthier alternative to carbonates
Carbonates in Brazil
KEY DATA FINDINGS
Carbonates grows further in 2024, driven by global warming and marketing
New launches in carbonates explore flavours and collaborations to stand out
Health and wellness concerns drive launches and brand positioning, and intensify the competition
Increasing demand for functionality will lead to competition with other categories
Growth opportunities through marketing and increased penetration
Tax reform expected to increase prices of carbonates with sugar from 2027
Concentrates in Brazil
KEY DATA FINDINGS
Consumers migrate to other categories
Novelties and expansion to other categories
Supermarkets and hypermarkets remain the main distribution channels for concentrates
Fiercer competition with categories seen as healthier and more functional
Inflation may drive consumers to opt for cheaper alternatives
Growing consumer awareness will intensify scrutiny of nutritional information
Concentrates conversions
Juice in Brazil
KEY DATA FINDINGS
Problems with Brazilian orange production impact sales and accelerate diversification
Health, blended flavours, and functionality inspire most launches
Supermarkets and hypermarkets remain the main distribution channels for juice
Consumers empowered to make more informed decisions
Popularity of protein set to expand further in juice
The sugar/sweeteners dilemma
RTD Coffee in Brazil
KEY DATA FINDINGS
RTD coffee still not inserted in most Brazilians’ routines
Launch of RTD coffee in metal beverage cans
Forecourt retailers is the main distribution channel for RTD coffee
Increasing coffee prices will pose a challenge for RTD coffee in the coming years
Better perception of quality will be the main focus of the industry
Consumer awareness of the need for sleep is a threat and an opportunity
RTD Tea in Brazil
KEY DATA FINDINGS
RTD tea expands the number of occasions for consumers to drink tea
New launches focus on expanding distribution, and new consumption occasions
Most sales of RTD tea remain through supermarkets and hypermarkets
New ingredients and functionalities expected to be seen in RTD tea
Kombucha has growth potential, especially with rising production
Mixology on the horizon for RTD tea
Energy Drinks in Brazil
KEY DATA FINDINGS
Brazil is amongst the fastest growing countries globally in energy drinks
Fiercer competition in energy drinks, with new brands emerging
Grocery retailers continue to dominate energy drinks
More variants, including those containing healthier and natural ingredients, expected to be seen in the coming years
More functionalities and personalisation in the horizon
PET bottles will continue to gain traction
Sports Drinks in Brazil
KEY DATA FINDINGS
Brazil continues to see exceptional growth in sports drinks, although from a low base
New sugar-free versions, new flavours, and sports sponsorship amongst the main investments
Health and beauty specialists could offer opportunities, but grocery retailers dominate
Fiercer competition expected not only within sports drinks, but also from other categories
Innovation in diagnosing dehydration with wearable technology
New brand positionings targeting different consumption occasions likely to emerge
The following categories and subcategories are included:
Soft Drinks
-
-
- Carbonated Natural Mineral Bottled Water
- Carbonated Spring Bottled Water
- Carbonated Purified Bottled Water
-
- Still Flavoured Bottled Water
- Sparkling Flavoured Bottled Water
- Functional Bottled Water
-
- Still Natural Mineral Bottled Water
- Still Spring Bottled Water
- Still Purified Bottled Water
-
-
- Regular Carbonates
- Reduced Sugar Carbonates
-
- Regular Cola Carbonates
- Reduced Sugar Cola Carbonates
-
- Regular Non-Cola Carbonates
- Reduced Sugar Non-Cola Carbonates
-
- Regular Lemonade/Lime
- Reduced Sugar Lemonade/Lime
-
- Regular Tonic Water/Mixers/Other Bitters
- Reduced Sugar Tonic Water/Mixers/Other Bitters
-
- Regular Orange Carbonates
- Reduced Sugar Orange Carbonates
-
- Regular Other Non-Cola Carbonates
- Reduced Sugar Other Non-Cola Carbonates
-
- Liquid Concentrates
- Powder Concentrates
-
-
- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
-
- RTD Coffee
-
- Carbonated RTD Tea and Kombucha
-
- Regular Still RTD Tea
- Reduced Sugar Still RTD Tea
-
- Regular Energy Drinks
- Reduced Sugar Energy Drinks
-
- Regular Sports Drinks
- Reduced Sugar Sports Drinks
- Asian Speciality Drinks
Soft Drinks
This is the aggregation of the following categories; Carbonates, Fruit/vegetable juice, Bottled water, Functional drinks, Concentrates, RTD tea, RTD coffee and Asian speciality drinks.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Soft Drinks research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!