The soft drinks market in Lithuania reached a value of 189.03 million Euros in 2023. Over the past decade, the market displayed fluctuations, with notable growth in 2018 and 2019 followed by declines in 2017 and 2020. The market showed moderate recovery with an average annual growth rate (CAGR) of 1.32% over the last five years. The year-on-year increase was less than 1% in the last two years.
Future trends to watch for:
- Emerging consumer preferences for health-conscious and functional beverages.
- Potential impact of environmental concerns on packaging and production practices.
- Growth opportunities through innovation and diversification in product offerings.
- Increasing influence of digitalization and e-commerce on distribution channels.
How does Lithuania rank in Soft Drinks Market Size Value?
| # | 21 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,830,000,000 | 2023 | +1.52% | +1.11% | View data |
| 2 | 2 United Kingdom | 10,115,000,000 | 2023 | +1.19% | +1.71% | View data |
| 3 | 3 Germany | 9,930,700,000 | 2023 | +0.92% | +0.63% | View data |
| 4 | 4 Spain | 8,337,900,000 | 2023 | -1.18% | -0.85% | View data |
| 5 | 5 Italy | 6,267,900,000 | 2023 | -0.13% | -1.01% | View data |
| 17 | 17 Bulgaria | 558,480,000 | 2023 | +2.29% | +0.71% | View data |
| 18 | 18 Slovakia | 340,780,000 | 2023 | +1.41% | -2.71% | View data |
| 19 | 19 Lithuania | 189,030,000 | 2023 | +0.85% | +1.32% | |
| 20 | 20 Estonia | 130,080,000 | 2023 | +2.73% | +3.69% | View data |
| 21 | 21 Latvia | 104,240,000 | 2023 | -0.46% | +1.11% | View data |
