India’s soft drink industry eyes 10%+ growth in 2025; larger firms gain from easing local competition – Report

India’s soft drink market is poised to get well to a growth price of over 10 per cent in 2025, after witnessing a slowdown this yr attributable to erratic climate situations, in line with a report by Systematix Institutional Equities. As per information company ANI, the report tasks sturdy medium-time period growth for the Carbonated Soft Drinks (CSD) section, which has traditionally expanded at an annual tempo of 13–14 per cent.The CSD industry, at the moment valued at round ₹30,000 crore, is anticipated to profit from bettering climate situations and easing regional competition. Industry consultants cited in the report imagine a return to double-digit growth is probably going as market situations normalise.The Indian beverage market primarily includes Liquid Refreshment Beverages (LRBs), which embrace carbonated drinks, bottled water, juices, vitality drinks, and sports activities drinks. Of these, soft drinks account for 40–45 per cent of the overall market, vitality drinks for 8–10 per cent, juices for round 5 per cent, and sports activities drinks make up 1–2 per cent. The the rest is contributed by bottled water.Currently, the market is evenly cut up between local gamers and larger manufacturers similar to Bisleri, Kinley, Aquafina, and Bailey. However, the steadiness is regularly tilting in direction of the latter as they profit from broader distribution networks and model recall.Post-GST implementation, regional competition has decreased, paving the way in which for larger manufacturers to seize market share. Popular local drinks similar to Bindu-Jeera in the South and Karachi Soda in the North, which beforehand dominated their respective classes with a 75–80 per cent share, are reportedly shedding floor. In Tamil Nadu, as an example, the report acknowledged that aside from Bovonto, no different distinguished local model stays seen.The report additionally famous that per capita beverage consumption in India stays low in comparison with regional friends, together with Bangladesh and Pakistan, suggesting ample headroom for enlargement.India’s soft drink industry is pushed by rising urbanisation, a youthful demographic, and rising disposable incomes. There can also be a visual shift in client preferences in direction of more healthy choices, low-sugar variants, and regionally impressed flavours, developments which might be anticipated to form the following part of innovation and product growth.As per ANI, the report highlights that with beneficial demographic and consumption patterns, India’s soft drink industry stays one of the promising segments in the non-alcoholic beverage area.