Australia Carbonated Beverages Market Report and Forecast 2025-2034

Australia Carbonated Beverages Market Outlook

The Australia carbonated beverages market size reached USD 7.20 billion in 2024. The market is expected to grow at a CAGR of 3.5% between 2025 and 2034, reaching USD 9.87 billion by 2034.

Key Takeaways:

• The USDA highlights Australia's food, drink, and grocery industries comprising 33% of manufacturing, generating A$116 billion in 2021.

• Diabetes Australia's 2023 report reveals about 1.5 million Australians living with diagnosed diabetes, influencing the diet-carbonated drink market.

• PepsiCo introduced Bubly, a sugar-free sparkling water, in Australia in May 2023, contributing to the Australia carbonated beverages market.

Diet drives the Australia carbonated beverages market growth, appealing to consumers seeking lower calorie options or weight management

Amid health trends, these choices offer guilt-free alternatives to sugary drinks. Diet-carbonated beverages present a low-calorie choice for weight-conscious individuals, appealing to health-conscious consumers with their sugar-free composition. Particularly suitable for diabetics, they also promote improved dental health. These options maintain a wide array of flavours akin to regular sodas, accommodating diverse preferences.

In July 2023, VIBE Soda unveiled a dynamic lineup featuring three unique flavours, each tailored to specific functions. Lemonade Gut, with prebiotics supports gut health, Lemon Orange Immunity enhances immunity with beta-glucan, and Raspberry Focus boosts focus with coffee bean caffeine, all promoting balanced dietary options.

Standard carbonated drinks, ensuring a consistent taste experience, meet consumer expectations reliably. Widely accessible across various outlets, they cultivate consumer accessibility and brand loyalty. These beverages, versatile for mixing, affordable, and presenting diverse flavour offerings, cater to a broad consumer demographic.

Market Segmentation

Australia Carbonated Beverages Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Carbonated Soft Drinks

• Carbonated Water

• Carbonated Sports and Energy Drinks

• Others

Market Breakup by Type

• Standard

• Diet

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia carbonated beverages market key players are The Coca-Cola Company, PepsiCo, Inc., Refresco Group, Suntory Holdings Limited, and Asahi Group Holdings among others.

Key Highlights of the Report