Turkey Carbonated Drinks Market to Grow with a CAGR of 4.8% through 2030
The
Turkish carbonated drinks market is growing due to increasing urbanization,
rising disposable incomes, health-conscious consumer trends, expanding retail
networks, and a shift toward functional, low-sugar, and convenient beverage
options.
According to
TechSci Research report, “Turkey Carbonated Drinks Market – By Region, Competition
Forecast & Opportunities, 2030F”, Turkey Carbonated Drinks Market was valued at
USD 3.32 Billion in 2024 and is expected to reach USD 4.39 Billion by 2030 with
a CAGR of 4.8% during
the forecast period. The Turkish
carbonated drinks market is experiencing significant growth driven by several
key factors. The increasing urbanization and rising middle-class population
have led to greater disposable income, driving demand for diverse beverage
options, including carbonated drinks. Moreover, shifting consumer preferences
towards more convenient and ready-to-consume beverages have encouraged the
popularity of soft drinks and functional beverages. Health-conscious trends are
also influencing the market, with consumers seeking beverages with added
functional benefits, such as energy-boosting and low-calorie drinks, alongside
the traditional sweetened sodas. Furthermore, the retail and distribution
infrastructure improvements in both urban and semi-urban regions have expanded
the availability of these drinks across various outlets, from grocery stores to
online platforms, further boosting market access and growth.
Despite
these growth drivers, the market faces several challenges that could limit its
full potential. One of the key issues is the growing health concerns related to
the consumption of sugary carbonated drinks, which has led to a push for
healthier alternatives. This has created a shift in demand from traditional
sodas to functional, low-sugar, or sugar-free drinks, posing a challenge for
manufacturers to adapt their products accordingly. Another challenge is the
volatile economic environment, with rising inflation and fluctuating exchange
rates affecting the affordability of both raw materials and final products.
These economic pressures may lead to increased prices, which could dampen
demand, particularly among lower-income groups. Lastly, the market's reliance
on imports for certain ingredients and packaging materials exposes it to supply
chain disruptions, which could hinder market growth and consistency. Despite
these challenges, the market continues to show resilience, supported by
changing consumer preferences and increasing innovation in product offerings.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Turkey Carbonated Drinks Market.”
The Turkey
Carbonated Drinks market is segmented into product type, packaging type, distribution
channel and region.
Based
on distribution channel, online sales have become a rapidly growing
distribution channel for carbonated drinks, particularly as consumers
increasingly embrace the convenience of e-commerce. Online platforms, such as
brand-specific websites, third-party retailers, and grocery delivery services,
offer consumers the ability to purchase carbonated drinks with ease, often
accompanied by home delivery services. This channel has seen significant
growth, especially during the COVID-19 pandemic, as consumers sought to avoid
in-store shopping. E-commerce platforms also enable brands to reach consumers
in remote areas or those who do not have easy access to physical retail stores.
Furthermore, online sales allow for personalized shopping experiences, targeted
promotions, and subscriptions, enhancing customer loyalty and repeat purchases.
The rise of online platforms is expected to continue, with brands increasingly
investing in digital marketing and e-commerce strategies to engage with their
target audience directly.
Based
on packaging type, cans have become an increasingly popular packaging choice,
particularly for energy and functional drinks. Aluminum cans are lightweight,
portable, and recyclable, making them an attractive choice for environmentally
conscious consumers. The growing emphasis on sustainability has fueled the
demand for canned beverages, as aluminum is one of the most widely recycled
materials. Cans also provide superior protection against light and air,
preserving the quality and taste of carbonated drinks for a longer period. The
convenience of cans, combined with their compact size and portability, makes
them ideal for on-the-go consumption, contributing to their growth,
particularly among younger consumers. Furthermore, cans often feature visually
striking designs, which help brands stand out on the shelves and appeal to
trend-conscious buyers. The cans segment is expected to grow steadily,
particularly in the energy and functional drink sectors, where portability is
crucial.
Based
on region, the Mediterranean region of Turkey, which includes major cities like
Antalya, Mersin, and Adana, is known for its strong tourism sector and vibrant,
sunny climate, which encourages year-round consumption of refreshing beverages.
The demand for carbonated drinks in this region is largely driven by tourism
and the local population's preference for cold, refreshing beverages,
particularly in summer. The region’s younger demographic, including both locals
and tourists, is increasingly inclined toward energy drinks, sports drinks, and
flavored carbonated beverages. This has led to significant growth in the
functional drinks market, particularly in coastal areas where tourists are
frequent consumers. The Mediterranean region is one of the most attractive for
carbonated drinks manufacturers, with high sales volumes during the tourist
season and a growing consumer base interested in new beverage options. Although
the region is not as economically dominant as Marmara, it remains a key player
in Turkey's carbonated drinks market, benefiting from a mix of local
consumption and international tourism.
Major companies
operating in Turkey Carbonated Drinks market are:
- Coca-Cola İçecek
A.Ş.
- PepsiCo Turkey
- Nestle Turkiye
Gida San. A.S.
- Oguz Gida Sanayi
Ve Ticaret A S
- Red Bull Gıda
Dağıtım ve Pazarlama Ticaret Limited Şirketi
- Danone Tikvesli
Gida Ve Icecek A.S.
- Uludağ İçecek
Türk A.Ş.
- Coşku Food Ltd.
Sti.
- Çardak
Concentrated Fruit Sulari San. Ve Tic. Ltd. Sti.
- Dimes Gida
Sanayi Ve Ticaret A.S
Download Free Sample Report
Customers can
also request for 10% free customization in this report.
“In
recent years, the shift
towards digitalization and direct-to-consumer (D2C) sales is a significant
trend that has gained momentum in the Turkey carbonated drinks market. With the
rise of e-commerce and digital platforms, many beverage companies are
increasingly focusing on selling their products directly to consumers through
their own websites or third-party online marketplaces. This trend was
accelerated during the COVID-19 pandemic, which forced many consumers to turn
to online shopping for convenience and safety", said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
"Turkey
Carbonated Drinks Market, By Product Type (Carbonated Soft Drinks,
Functional/Energy & Sports Drinks, Others), By Packaging Type (Bottle,
Cans, Others), By Distribution Channel (Grocery Stores,
Supermarkets/Hypermarkets, Convenience Stores, Online, Others), By Region, Competition,
Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of Turkey Carbonated Drinks market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Turkey Carbonated Drinks market.
Contact Us-
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com