European Soft Drink Trends in 2024
Soft Drink is part of Beverage and includes a number of sub-sectors such as Bottled Water, Coffee, Tea, Juice and Carbonated Soft Drink. You may also be interested in Alcoholic Drink.
European Soft Drink Revenue is projected to reach €61 billion by 2028, up from approximately €56 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.4%. Since 2019, the European market has seen a modest annual increase of 0.8%. Germany leads the continent in soft drink revenue, earning around €10 billion in 2023. Following Germany, France, the United Kingdom, and Austria hold the second, third, and fourth spots, respectively. Notably, Serbia has experienced a significant year-on-year revenue increase of 15.2%, while Estonia has seen a decline of 6.1% since 2019. In terms of consumption, European soft drink intake is expected to rise to nearly 97 billion liters by 2028, up from roughly 94 billion liters in 2023. This marks an average annual growth of 0.8%. Since 2019, demand across Europe has grown by 0.6% annually. Italy tops the consumption chart with approximately 23 billion liters in 2023. France, Spain, and the United Kingdom follow as the second, third, and fourth largest consumers. Estonia has shown a year-on-year consumption surge of 3.8%, whereas Belgium's consumption has decreased by 3.7% since 2019.
Top 10 countries
In 2024 major markets in the Soft Drink Industry were:
World Soft Drink Market Data and Forecasts
How much the Soft Drink industry is expected to grow to 2028?
World Soft Drink Top Rankings
Global Soft Drink Statistics
- Coffee Import 225 countries (Asia, Europe, Africa...)
- Coffee Export 239 countries (Asia, Europe, Africa...)
- Soft Drink Export 240 countries (Asia, Europe, Africa...)
- Soft Drink Import 225 countries (Asia, Europe, Africa...)
- Tea Import 221 countries (Asia, Africa, Sub-Saharan Africa...)
- Tea Export 238 countries (Asia, Africa, Europe...)
- Apple Juice Export 236 countries (Europe, Asia, Western Europe...)
- Apple Juice Import 215 countries (Asia, Europe, Western Europe...)
- Juice Import 210 countries (Asia, Europe, Western Europe...)
- Juice Export 231 countries (Europe, Asia, Western Europe...)
