Soft drinks in 2024: The big picture
In 2024, the soft drinks category showed signs of economic stabilisation and a gradual recovery following the sharp sales decline noted in 2022, caused by Russia's invasion of Ukraine. This recovery was driven by consumers and businesses adapting to the new reality, the return of some Ukrainian residents to the country and the stabilisation of inflation levels.
2024 key trends
In 2024, certain soft drink categories in Ukraine were more impact than other, by the ongoing war in the country. Bottled water, for instance, has seen increased demand, driven by frequent air attacks and concerns over potential shortages of electricity and tap water.
Competitive landscape
After relocating its manufacturing from more dangerous areas, PepsiCo continued to be constrained by limited production volumes in 2024. The company focused its efforts on its core brands in carbonated beverages and juices, ensuring that these products maintained a presence despite logistical challenges.
Retailing developments
New store openings are bolstering the recovery of modern trade in 2024 as retail giants like ATB-Market continue to expand. In 2023, ATB-Market opened 46 new outlets, and it planned to open an additional 60 stores by the end of 2024.
Foodservice vs retail split
The foodservice industry in Ukraine has been severely impacted by the ongoing war. While there has been some recovery following the outbreak of COVID-19, the sector remains far from returning to its pre-pandemic levels, and several other factors continue to hinder the industry's growth.
What next for soft drinks?
As the forecast period progresses, the soft drinks market in Ukraine is expected to experience positive retail volume growth, driven by a combination of factors. Key drivers include the return of people to certain regions, economic stabilisation, and recovering purchasing power, all of which will help fuel demand for soft drinks.
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 Ukraine 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 Ukraine, 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 Ukraine 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 Ukraine?
- To what extent are health considerations impacting consumption of Soft Drinks in Ukraine?
- 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 Ukraine?
- Which are the leading brands in Soft Drinks in Ukraine?
- What potential exists for multinational or domestic soft drinks companies to expand in Ukraine?
- How are products distributed in Soft Drinks in Ukraine?
- 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 Ukraine
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 Ukraine
DISCLAIMER
Bottled Water in Ukraine
KEY DATA FINDINGS
Bottled water is considered an essential, while growth benefits from flavour innovation
Borjomi water loses ground due sanctions against Russia-related businesses
New brands enter the category, offering functional bottled water to consumers
Sales will benefit from ongoing health and safety concerns surrounding tap water
Ongoing innovation is expected to fuel growth in functional bottled water
Retail volume sales will be challenged by water delivery services in Ukraine
Carbonates in Ukraine
KEY DATA FINDINGS
Local production and product innovation boosts growth in carbonates during 2024
Premiumisation rises in carbonates as consumers seek affordable luxuries
The traditional fermented beverage, kvas, gains ground during 2024
Off-trade volume sales set to rise, driven by demand for on-the-go options and affordable indulgences
The growing popularity of gin will boosts sale of tonic across the next five years
Healthier carbonates expected to gain ground, driven by innovation across the forecast period
Concentrates in Ukraine
KEY DATA FINDINGS
Slow recovery as concentrates fail to align with current consumer trends
RTD options are strong competition for concentrates in 2024
Iced coffee and tea powder concentrates are challenged by chilled coffee and tea
Increasing awareness and improving retail availability could fuel growth in concentrates
The trend of home mixology creates growth oppertunities for concentrates
There is an oppertunitiy for kvas to expand in the concentrates category
Concentrates Conversions
Juice in Ukraine
KEY DATA FINDINGS
Positive retail volume growth driven by a return to trusted juice brands
Supply chain disruptions, rising production costs and an orange shortage impacts the category
Sandora TOV loses share as Vitmark-Ukraine retains is lead through new launches
Juice sales expected to benefit from healthier positionings and demand for on-the-go options
Home mixology has the potential to drives sales and increases the consumer base for juice
Juice players are expected to offer products with lower juice content to remain affordable
RTD Coffee in Ukraine
KEY DATA FINDINGS
Increased availability and product expansion boosts retail volume growth in 2024
Growth is challenged by competition from foodservice and premium price points
The strong leadership from Jacobs Ukranina and Hell Energy Drinks continues
Innovations are set to fuel ongoing retail volume growth in the RTD coffee category
Rising consumer awareness and warmer weather will drive sales of RTD coffee
The high price point will continue to challenge sales of RTD coffee
RTD Tea in Ukraine
KEY DATA FINDINGS
Lack of innovation and limited price promotions hinder stronger growth in RTD tea
Limited assortment in Still RTD tea as consumers shift toward healthier alternatives
Private label rises as leader Coca-Cola and Erlan ZAT face disruptions
There is limited growth potential for Still RTD tea across the next five years
Bubble tea will continue to gain ground among Generation Z consumers
Health and wellness benefits drive product innovation to align with consumer demands
Energy Drinks in Ukraine
KEY DATA FINDINGS
Innovation and intense competition boosts retail volume sales in energy drinks
Larger packaging formats gain ground as consumers look for cost saving solutions
Energy drinks move beyond gamers to become a mainstream soft drink option
Competition from other soft drink options will place pressure on energy drinks
Limited potential for reduced sugar energy drinks despite rising health trends
Flavour variation will be key to brand strategies across the forecast period
Sports Drinks in Ukraine
KEY DATA FINDINGS
The recovery for sport drinks is challenged by a lack of outdoor sporting events
Demand for isotonic drinks surge as consumers appreciate the health benefits
SV-Dnipro TOV retains its strong lead, investing in promotion for 4Move
Energy drinks and functional bottled water challenge sales of sports drinks over the forecast period
Brands could invest in clear retail positioning to boost instore sales of sports drinks
The rising demand for functional beverages will support sales of sports drinks
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!