Montenegro Beverage Industry Outlook 2022 - 2026

Key Market Indicators

The country was number 79 in 2021, Thailand overtook at $21,520,000. The United States, the United Kingdom and Canada respectively came in numbers 2, 3 and 4 in this ranking. Montenegrin beverage sales are expected to reach $80 million by 2026, up 0.7% year on year on average. Since 2015, the market has risen 5.5% annually, and in 2021 was 92nd in the rankings, overtaken by Kyrgyzstan with sales of $76.92 million. Japan, Germany, and the United Kingdom were second, third, and fourth respectively. Montenegrin beverage imports are forecast to reach $85 million by 2026, up 1.2% year on year on average. Since 2011, the demand has risen 4% annually, and in 2021 was 90th in the rankings, overtaken by Ecuador with imports of $79.08 million. The United Kingdom, Germany, and China were second, third, and fourth respectively. Montenegrin alcoholic drink exports are expected to reach $19 million by 2026, down 1.8% year on year on average. Since 2011, supply has decreased by 0.9% annually, and in 2021 was 79th in the rankings, overtaken by Thailand with exports of $21.52 million. The United States, the United Kingdom, and Canada were second, third, and fourth respectively.

Montenegro Beverage Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Beverages Sector Insights: Unleashing Potentials in Hot Drinks and Healthy Alternatives

  New Zealand's beverage sector presents a robust potential in the hot drinks market. Comprised largely of coffee and tea, this segment has seen a consistent demand. Consumers rising interest in novel tastings, single-origin coffee beans, and niche teas has further enhanced its potential. Additionally, a noticeable shift towards the consumption...

  Discover more insights

• Soft Drinks: Navigating the Market Dynamics of Top Beverage Contenders

  In the soft drinks industry, certain companies have long asserted their dominance. Major players, such as The Coca-Cola Company, PepsiCo, and Nestlé, enjoy global recognition and a significant market share. They have a broad product lineup, from carbonated beverages to juice drinks, fortified with marketing efforts that target various consumer...

  Discover more insights

• Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques

  Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...

  Discover more insights

• Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands

  Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...

  Discover more insights

• Beverage Sector: Diving Deep into Juice and Energy Drinks Market Sizes

  Nourishing consumer interest in health-centric beverages, juice and energy drink markets have witnessed stable growth. Consumers’ increasing awareness concerning the health benefits of natural and organic juices, devoid of artificial additives, has proven to be a significant growth factor for the juice industry. On the other hand, driven by an...

  Discover more insights

• 1
• 2