Key Market Indicators
Spanish soft drink revenue is projected to reach approximately €5.6 billion by 2028, a modest increase from €5.5 billion in 2023. This growth represents an average annual increase of just 0.2%. Over the past decade, the Spanish market has seen a decline, with revenue decreasing by an average of 1.8% per year since 2013. In the 2023 rankings, Spain held the fifth position, with Austria narrowly ahead at €5.53 billion. France, the United Kingdom, and Austria secured the second, third, and fourth spots, respectively. Soft drink consumption in Spain is expected to climb to around 13.65 billion liters by 2028, from 13.27 billion liters in 2023. This indicates a yearly growth rate of approximately 0.5%. Historically, demand has dipped, decreasing by an average of 0.8% per year. In terms of consumption rankings for 2023, France led the pack, followed by Spain in third place, and the United Kingdom in fourth.
