Key Market Indicators
Lithuanian soft drink revenue is projected to climb to €61 million by 2028, up from €59 million in 2023, marking an average annual growth rate of 0.6%. Over the decade since 2013, the Lithuanian market has seen a steady annual increase of 2.1%. In 2023, Lithuania ranked 23rd globally, with Slovenia slightly ahead at €59 million. Leading the rankings were France, the United Kingdom, and Austria, occupying the second, third, and fourth spots respectively. Soft drink consumption in Lithuania is forecasted to reach nearly 465 million liters by 2028, rising from approximately 431 million liters in 2023. This represents a compound annual growth rate (CAGR) of 1.2%. Looking back, demand has seen a modest annual increase of 0.2%. In the consumption rankings, France, Spain, and the United Kingdom held the second, third, and fourth positions respectively.
