Soft drinks in 2024: The big picture
Volume sales of soft drinks continued to register moderate growth in Switzerland in 2024, while robust current value growth reflects higher average unit prices and increasing specialisation.
2024 key trends
The adoption of more active, health-centric lifestyles continues to influence soft drinks in Switzerland, shaping both overall sales and product selection, including new product launches. Swiss consumers are increasingly aware of the importance of good hydration, thus maintaining a consistently high demand.
Competitive landscape
Due to the high level of brand loyalty and a strong focus on local providers, the competitive landscape in soft drinks recorded only minor changes in 2024, with the top position still being occupied by the leading grocery retailer chain, Migros. Migros offers a wide variety of private label products across various price bands and quality levels, and with many different features, including added vitamins, reduced sugar and organic variants.
Retailing developments
Changes to the retailing landscape also remained limited. Swiss consumers tend to be loyal to a few preferred stores that are conveniently located, easy to access and offer a large variety of products and brands.
Foodservice vs retail split
In 2024, on-trade volume sales of soft drinks reached only 36% of off-trade volume sales, with growth continuously slowing and showing a weaker performance than off-trade sales. Several factors contributed to this trend.
What next for soft drinks?
Soft drinks is expected to continue recording minimal current value and volume sales growth over the forecast period, with influencing factors such as category maturity; consumer inertia/habit persistence; strong private label presence and popularity; and health, wellness and fitness trends remaining the major impacting forces. An increase in temperatures may help boost demand.
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Overview:
Understand the latest market trends and future growth opportunities for the Soft Drinks industry in Switzerland 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 Switzerland, 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 Switzerland 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 Switzerland?
- To what extent are health considerations impacting consumption of Soft Drinks in Switzerland?
- 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 Switzerland?
- Which are the leading brands in Soft Drinks in Switzerland?
- What potential exists for multinational or domestic soft drinks companies to expand in Switzerland?
- How are products distributed in Soft Drinks in Switzerland?
- 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 Switzerland
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 Switzerland
DISCLAIMER
Bottled Water in Switzerland
KEY DATA FINDINGS
Bottled water gets a boost in 2024, thanks to hot weather and health and wellness trend
Functional bottled water benefits from innovative product launches
Strong performance of private label allows Migros to retain the lead in 2024
Stagnation forecast as bottled water faces maturity and ongoing competition from other soft drinks categories
Premiumisation will help maintain current value growth, albeit at a low level
Supermarkets’ private label lines will continue to represent the largest percentage of sales
Carbonates in Switzerland
KEY DATA FINDINGS
Modest growth in 2024 despite new product development
Carbonates’ performance supported by regional and organic focus
Coca-Cola retains the lead thanks to broad portfolio, high levels of penetration and long-standing recognition
Somewhat gloomy outlook for carbonates
Supermarkets is set to remain the leading distribution channel
Migros’s private label carbonates will continue to resonate with local consumers
Concentrates in Switzerland
KEY DATA FINDINGS
Concentrates enjoy robust volume growth in 2024
Syrups are used widely in French-Switzerland, but less so in German Switzerland
Private labels prevail thanks to the strength of Migros and Coop retail chains
Moderate growth predicted for concentrates over the forecast period
Healthier variants will be the focus areas for growth
Supermarkets will continue to dominate sales for the foreseeable future
Concentrates Conversions
Juice in Switzerland
KEY DATA FINDINGS
Stagnation for juice in 2024 as it faces increasing competition from other categories
Supply issues lead to higher prices for orange juice
Strength of private label allows supermarkets to remain key distribution channel
Stagnation predicted due to saturation and competition from other categories
Up-and-coming juices will register the best performance in the years ahead
Competitive and distribution landscape set to remain stable over the forecast period
RTD Coffee in Switzerland
KEY DATA FINDINGS
Volume and value growth for RTD coffee in 2024
Ongoing innovation benefits the category by maintaining consumer interest
Consolidated competitive landscape favours Emmi once again
Continued growth expected for RTD coffee, but at a slower rate
Supermarkets will remain the dominant sales channel over the forecast period
Challenges lie ahead as other soft drinks encroach on RTD coffee’s territory
RTD Tea in Switzerland
KEY DATA FINDINGS
Still RTD drives modest volume and value growth in 2024
Mate-based RTD tea remains popular thanks to its natural caffeine content
Migros and Coop prevail once again in 2024 thanks to wide product selection across the price spectrum
Low sugar and sugar-free variants may attract more health-conscious consumers over the forecast period
RTD tea faces ongoing threat from other soft drinks categories in the years ahead
Competitive landscape set to remain stable, with new entrants limited
Energy Drinks in Switzerland
KEY DATA FINDINGS
Return to hectic lifestyles enables energy drinks to perform well in 2024
Healthier energy drinks are in vogue
Little change in the competitive and distribution landscapes in 2024
A coalition of factors will benefit the category over the forecast period
Largest players will seek to remain relevant with younger demographics
Discounters will likely continue gaining moderate share
Sports Drinks in Switzerland
KEY DATA FINDINGS
Growth for sports drinks in 2024 thanks to expansion of consumer base
Promena AG leads in a consolidated field, but new launch from domestic player attracts interest
Small local grocers remains the leading distribution channel for sports drinks in Switzerland
Only modest growth anticipated for the category over the forecast period
Competitive landscape looks set to remain stable in the years ahead
Better availability and cleaner positioning may help boost growth
The following categories and subcategories are included:
Soft Drinks
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- Carbonated Natural Mineral Bottled Water
- Carbonated Spring Bottled Water
- Carbonated Purified Bottled Water
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- Still Flavoured Bottled Water
- Sparkling Flavoured Bottled Water
- Functional Bottled Water
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- Still Natural Mineral Bottled Water
- Still Spring Bottled Water
- Still Purified Bottled Water
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- Regular Carbonates
- Reduced Sugar Carbonates
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- Regular Cola Carbonates
- Reduced Sugar Cola Carbonates
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- Regular Non-Cola Carbonates
- Reduced Sugar Non-Cola Carbonates
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- Regular Lemonade/Lime
- Reduced Sugar Lemonade/Lime
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- Regular Tonic Water/Mixers/Other Bitters
- Reduced Sugar Tonic Water/Mixers/Other Bitters
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- Regular Orange Carbonates
- Reduced Sugar Orange Carbonates
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- Regular Other Non-Cola Carbonates
- Reduced Sugar Other Non-Cola Carbonates
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- Liquid Concentrates
- Powder Concentrates
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- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
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- RTD Coffee
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- Carbonated RTD Tea and Kombucha
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- Regular Still RTD Tea
- Reduced Sugar Still RTD Tea
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- Regular Energy Drinks
- Reduced Sugar Energy Drinks
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- 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?
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This report originates from Passport, our Soft Drinks research and analysis database.
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