North America Soft Drinks Market Report and Forecast 2025-2034

The North America soft drinks market was valued at USD 309.09 Billion in 2024. The industry is expected to grow at a CAGR of 4.20% during the forecast period of 2025-2034 to attain a valuation of USD 466.40 Billion by 2034.

North America Soft Drinks Market Growth

Artificial intelligence is expected to enable marketing teams to gain valuable insights into consumer behaviour and design personalised drawings and tag lines for individual consumers. Social media is expected to become an important source of data collection and advertising, enhancing the sale of soft drinks significantly. Rapid urbanisation and rising disposable incomes are expected to play a key role in driving the market growth in the forecast period.

The Federal Drug Administration is expected to modify its list of substances, which are generally considered safe and effective. The exclusion of brominated vegetable oil and red dye #3 from the list is expected to prompt soft drink manufacturers to incorporate natural and relatively safer beverages into soft drinks, thereby boosting their demand among health-conscious consumers.

Major grocery retailers are expanding their shelf space for functional sodas, which contain ingredients like adaptogens, nootropics, prebiotics and probiotics, and CBD. These ingredients are found to alleviate stress, improve digestion, and impact cognitive functions and memory power favourably, which enhances their consumer appeal. Expansion of existing production facilities and introduction of new products in sustainable packaging formats are expected to further facilitate the market growth in the forecast period, as the demand for flavourful and attractive soda packaging rises.

North America Soft Drinks Industry Segmentation

North America Soft Drinks Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

Carbonated
Non-Carbonated
Energy and Sports Drinks

Market Breakup by Type

Low/No Calorie
Regular

Market Breakup by Packaging

Plastic Bottles
Metal Cans
Glass Bottles
Board Cartons and Boxes
Others

Market Breakup by Distribution Channel

Hypermarkets/Supermarkets
Convenience Stores
HoReCa
Online Channels
Others

Market Breakup by Country

United States
Canada

North America Soft Drinks Market Share

Based on packaging, the market is divided into plastic bottles, metal cans, glass bottles, and board cartons and boxes, among others. Recyclable plastic and board cartons are expected to become the primary packaging solutions for soft drinks as major companies adopt sustainable packaging solutions for reducing their environmental footprint and total carbon emissions.

Leading Companies in the North America Soft Drinks Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
PepsiCo, Inc.
The Coca-Cola Company
Red Bull GmbH
Monster Beverage Corporation
Nestlé S.A.
Keurig Dr Pepper Inc.
AriZona Beverages USA
Adams Beverages
PRIME Hydration, LLC
GOODSPORT NUTRITION, LLC
Others

Major market players are balancing price increases with optimum beverage quantity to ensure soft drink sales remain robust over the forecast period. Show more