Ukraine’s Soft Drink Market: A Deep Dive
According to a YC.Market analysis, Coca-Cola Beverages Ukraine Limited led the country’s non-alcoholic beverage sector in 2025 with 18.03 billion UAH in revenue. Trailing in second place was PrAT Morshynskyi Mineral Water Plant Oskar, which generated 3.09 billion UAH. The market is seeing rising incomes and a surge in new business registrations, signaling strong growth across the industry.
Regional Market Breakdown
Lviv region tops the list for active businesses with 78 registered companies. Other key regions include:
- Dnipropetrovsk region – 61 entities
- Zakarpattia region – 57 entities
- Odesa region – 54 entities
- Kyiv region – 50 entities
The capital city of Kyiv alone hosts 154 businesses. At the lower end, Volyn region has only 10 market participants, Kirovohrad 11, Zhytomyr and Kherson 12 each, and Rivne and Sumy 17 each.
New company formation reflects growing interest in this sector: 47 businesses launched in 2022, 49 in 2023, 37 in 2024, and another 47 in 2025. These figures confirm active expansion within Ukraine’s soft drink market.
Coca-Cola Beverages Ukraine Limited has been operating in the country since 1998. In 2025, the company recorded a net profit of 2.21 billion UAH, employed 1,245 people as of March 2026, and held assets exceeding 10.85 billion UAH. Its net margin for 2025 stood at 12.2%. The entity is wholly owned by the Dutch company KK Beverages Holdings II B.V. and holds 39 licenses along with 926 vehicles.
PrAT Morshynskyi Mineral Water Plant Oskar, in business since 2003, also posted strong results. It achieved 337.1 million UAH in net profit for 2025 and employs roughly 700 people. The plant’s net margin rose to nearly 11%. It is fully owned by Cyprus-based International Distribution Systems Limited, which has been under Ukraine’s National Security and Defense Council sanctions since November 2023. A portion of the company’s shares are indirectly held by sanctioned Russian entrepreneurs.
Overall, Ukraine’s non-alcoholic beverage market is experiencing revenue growth and heightened business activity, underscoring the sector’s resilience and appeal to investors and entrepreneurs alike.
The upward trend in revenues and new company registrations suggests the market will continue expanding, despite challenges from sanctions and the broader economic climate. This highlights the soft drink industry’s role in supporting Ukraine’s economic development.