Soft drinks in 2024: The big picture
Soft drinks in North Macedonia experienced moderate off-trade retail volume growth alongside strong off-trade retail value growth in 2024. This occurred amidst stable consumer demand and a gradual moderation of price increases following the high inflation of previous years.
2024 key trends
Consumer demand for regular cola carbonates continued to decline, primarily due to growing health concerns among consumers. This trend significantly impacted the overall performance of the carbonates category.
Competitive landscape
Pivara Skopje ad maintained its leading position in soft drinks in 2024 in terms of off-trade retail value share, driven by the strong performance of its Coca-Cola brands. However, competitive pressure from lower-priced brands resulted in a moderate decline in its market share.
Retailing developments
Traditional grocery retailers remained dominant in soft drinks distribution, while modern grocery retailers continued to expand their market share. The retail landscape continued to consolidate, with fewer but larger players dominating the market.
Foodservice vs retail split
Foodservice sales of soft drinks experienced a full recovery in 2024, surpassing pre-pandemic sales levels. This recovery was driven by the return of the hospitality sector to full operational capacity, leading to a resurgence in on-premise consumption across all soft drinks categories.
What next for soft drinks?
Health and wellness trends are expected to continue to exert a significant influence on soft drinks, driving growth within specific areas such as bottled water, RTD tea, and reduced sugar carbonates and juices, particularly those with higher fruit content and lower sugar content. This is expected to further accelerate the shift in consumer preference away from traditional carbonates towards healthier alternatives.
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 North Macedonia 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 North Macedonia, 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 North Macedonia 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 North Macedonia?
- To what extent are health considerations impacting consumption of Soft Drinks in North Macedonia?
- 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 North Macedonia?
- Which are the leading brands in Soft Drinks in North Macedonia?
- What potential exists for multinational or domestic soft drinks companies to expand in North Macedonia?
- How are products distributed in Soft Drinks in North Macedonia?
- 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 North Macedonia
Soft drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
DISCLAIMER
Bottled Water in North Macedonia
KEY DATA FINDINGS
Persistent concerns about tap water drive bottled water growth
Flavoured bottled water gains momentum
Functional bottled water anchored by innovation
Sustained demand driven by premiumisation and health trends
Expanding opportunities in flavoured bottled water
Focus on sustainability to drive innovation
Carbonates in North Macedonia
KEY DATA FINDINGS
Declining demand for regular cola carbonates amidst health-conscious trends
Surging popularity of tonic water and emerging non-cola carbonates
The rise of reduced sugar carbonates and shifts in consumer preferences
Minimal growth amidst maturity and demographic challenges
The expansion of tonic water and mixers as key growth drivers
Ongoing decline of regular cola carbonates and a shift towards healthier alternatives
Concentrates in North Macedonia
KEY DATA FINDINGS
Declining off-trade volume amid stagnant innovation
Health and wellness trends pressure liquid concentrates
Powder concentrates sustain growth with brand loyalty
Continued decline of liquid concentrates
Powder concentrates maintain growth under pressure
Flavour innovation and e-commerce expansion as growth drivers
Concentrates Conversions
Juice in North Macedonia
KEY DATA FINDINGS
Stable growth and inflation-driven value gains
Health-conscious trends driving premiumisation and budget trade-downs
Innovation intersecting with health and wellness trends
Steady consumer demand with a gradual market evolution
Strengthening demand for healthier juice options
Diverging consumer groups shape market dynamics
RTD Coffee in North Macedonia
KEY DATA FINDINGS
Premiumisation drives growth
Limited competition restricts growth
Expanding distribution channels enhance visibility
Moderate growth expected with moderating price increases
On-the-go consumption fuels brand expansion
E-commerce growth to drive online sales
RTD Tea in North Macedonia
KEY DATA FINDINGS
Shift to healthier alternatives boosts RTD tea
Reduced sugar variants lead growth
Focus on flavour innovation and packaging
Stable growth supported by health and convenience trends
Reduced sugar RTD tea to dominate
E-commerce and smaller pack sizes drive consumption
Energy Drinks in North Macedonia
KEY DATA FINDINGS
Rising popularity among younger consumers and party culture
Red Bull’s continued dominance through premium branding
Emerging competition and innovations bolster market dynamics
Sustained growth driven by dynamic lifestyles
Red Bull’s reinforcement of market leadership
E-commerce and new entrants drive market diversification
Sports Drinks in North Macedonia
KEY DATA FINDINGS
Rising interest in sports and fitness drive demand
Vindija dd retains leadership amidst rising competition
Innovation and new entrants stimulate market dynamics
Sustained influence of health and wellness trends
Vindija dd’s position amid evolving market dynamics
Expanding consumption beyond athletes
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!