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Soft drinks

Commercial intelligence for the Soft drinks category. Latest news, outlooks across countries, top brands, vendors active in the space, and opinion pieces from senior practitioners.

Country outlooks

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  • Q2 2026

    Soft Drinks in Italy: Q2 2026 Outlook

    Italian soft drinks enter Q2 2026 against a backdrop of fragile consumer confidence and heightened regulatory attention across the broader FMCG space. The country's antitrust authority has moved aggressively in adjacent categories, fining three snack suppliers a combined €23.3 million for coordinating private label supply deals rather than competing for them. That enforcement climate is relevant for soft drinks operators working with retailer own-brand programs. Regionally, the European CPG picture is shifting away from price-led growth toward volume and mix recovery, a trend flagged in the German soft drinks market and applicable here. Italian operators that can defend mainstream price points while managing mix will be better placed than those still leaning on residual pricing momentum from the inflation cycle.

  • Q2 2026

    Soft Drinks in Germany: Q2 2026 Outlook

    German soft drinks enter Q2 2026 in a market shaped by two competing forces. On one side, European consumer confidence is described as "stable but fragile" by major CPG operators, and developed-market volumes across the sector are under visible pressure. On the other side, the broader European CPG picture is beginning to shift away from price-led growth toward volume and mix recovery, as Danone's FY 2025 result shows. For soft drinks in Germany, the near-term challenge is whether category operators can sustain value growth as pricing contributions moderate and anxious consumers make more deliberate spending choices. Operators with strong mix management and well-positioned mainstream price points are better placed than those relying on residual pricing momentum.

Recent signals

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  • Consumer trends

    Big CPG brands face growth crisis as consumers shift

    McKinsey analysis shows food and beverage companies have exhausted their decades-old growth model, outpaced by private label and smaller competitors chasing health and value.

    Food Business News · 1d ago

Company analysis tagged soft drinks

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Soft drinks | The Consumer Daily