Key Market Indicators
French soft drink revenue is projected to decline to €6.8 billion by 2028, down from €8.4 billion in 2023. This represents a year-on-year compound annual growth rate (CAGR) of -3.5%. The French market has seen a consistent decrease of 4.1% annually since 2014. In 2023, France ranked as the second-largest market for soft drinks in Europe, with Germany leading the pack at €8.4 billion. The United Kingdom and Austria followed France, rounding out the top four markets. Conversely, soft drink consumption in France is expected to grow slightly, reaching 16.1 billion liters by 2028, up from 15.6 billion liters in 2023. This marks a modest CAGR of 0.5%. Over the previous years, demand has increased by 1% annually. France ranks second in soft drink consumption, trailing only behind Spain, with the United Kingdom coming in third.
