Report U.S. - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 20, 2023

U.S. - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Sugary Soft Drink Market 2023

Sugary Soft Drink Market Size in the U.S.

In 2021, the U.S. sugary soft drink market increased by 1.4% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Sugary soft drink consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sugary Soft Drink Production in the U.S.

In value terms, sugary soft drink production stood at $X in 2021. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 4%. Sugary soft drink production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Sugary Soft Drink Exports

Exports from the U.S.

In 2021, overseas shipments of sugary soft drinks increased by 15% to X litres, rising for the second year in a row after four years of decline. In general, exports, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 25%. The exports peaked at X litres in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, sugary soft drink exports skyrocketed to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X litres) was the main destination for sugary soft drink exports from the United States, accounting for a 43% share of total exports. Moreover, sugary soft drink exports to Canada exceeded the volume sent to the second major destination, Mexico (X litres), threefold. The UK (X litres) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+21.2% per year) and the UK (+14.4% per year).

In value terms, Canada ($X) remains the key foreign market for sugary soft drink exports from the United States, comprising 49% of total exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total exports. It was followed by the UK, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled -1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+24.2% per year) and the UK (+19.3% per year).

Export Prices by Country

In 2021, the average sugary soft drink export price amounted to $X per litre, with an increase of 4.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2017 when the average export price increased by 14%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per litre), while the average price for exports to Haiti ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sugary Soft Drink Imports

Imports into the U.S.

For the third year in a row, the United States recorded growth in purchases abroad of sugary soft drinks, which increased by 8.7% to X litres in 2021. Over the period under review, total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.0% against 2014 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 23%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, sugary soft drink imports stood at $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -0.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 15%. Over the period under review, imports reached the maximum at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

Mexico (X litres), Austria (X litres) and Switzerland (X litres) were the main suppliers of sugary soft drink imports to the United States, with a combined 58% share of total imports. These countries were followed by Canada, Italy, France and the UK, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +27.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Switzerland ($X) and Mexico ($X) were the largest sugary soft drink suppliers to the United States, together accounting for 73% of total imports. Canada, Italy, the UK and France lagged somewhat behind, together accounting for a further 17%.

The UK, with a CAGR of +29.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sugary soft drink import price amounted to $X per litre, waning by -5.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per litre. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per litre), while the price for France ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sugary soft drinks in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 31% share of global consumption. These countries were followed by Nigeria, Pakistan, Indonesia, Brazil, the UK, Bangladesh, Japan, Germany, Mexico and Russia, which together accounted for a further 25%.
What are the largest producers of sugary soft drinks in the world?
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The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 31% share of global production. Nigeria, Pakistan, Indonesia, Brazil, the UK, Bangladesh, Japan, Germany, Mexico and Russia lagged somewhat behind, together comprising a further 25%.
What are the leading suppliers of sugary soft drinks to the U.S.?
+
In value terms, Austria, Switzerland and Mexico constituted the largest sugary soft drink suppliers to the United States, together comprising 73% of total imports. These countries were followed by Canada, Italy, the UK and France, which together accounted for a further 17%.
What are the leading importers of sugary soft drinks from the U.S.?
+
In value terms, Canada remains the key foreign market for sugary soft drink exports from the United States, comprising 49% of total exports. The second position in the ranking was held by Mexico, with a 13% share of total exports. It was followed by the UK, with a 3.6% share.
What is the average export price for sugary soft drinks in the U.S.?
+
In 2021, the average sugary soft drink export price amounted to $0.9 per litre, increasing by 4.3% against the previous year.
What is the average import price for sugary soft drinks in the U.S.?
+
In 2021, the average sugary soft drink import price amounted to $1.6 per litre, with a decrease of -5.4% against the previous year.

This report provides an in-depth analysis of the sugary soft drink market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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