Key Market Indicators
Belgian Soft Drink Revenue is projected to reach €3 billion by 2028, up from approximately €2.7 billion in 2023. This represents an annual growth rate of 1.7%, according to recent market analysis. Since 2014, the Belgian market has experienced a 7.9% year-on-year increase. In 2023, Belgium ranked seventh in the European soft drink market, with Italy slightly ahead at the same revenue level of €2.7 billion. France, the United Kingdom, and Austria ranked second, third, and fourth, respectively. Soft drink consumption in Belgium is forecasted to grow to nearly 658 million liters by 2028, up from around 654 million liters in 2023. This marks a modest annual growth rate of 0.1%. However, demand has seen a year-on-year decline of 3.7% since previous years. France, Spain, and the United Kingdom ranked second, third, and fourth in soft drink consumption, respectively.
