The value added of beverages in the UK from 2024 to 2028 shows a steady growth trend, increasing from £4.97 billion in 2024 to £5.08 billion in 2028. When comparing 2023, the value stood at £4.95 billion. The year-on-year growth from 2023 to 2024 is approximately 0.4%. The subsequent years reflect marginal increases of 0.6% in 2025, and 0.6% in 2026, with a slight tapering to 0.4% by 2027 and 0.6% by 2028. The compound annual growth rate (CAGR) over this five-year period is modest, signifying a consistent but relatively slow growth rate in the sector.

Future trends to watch for:

Sustainability: Increased emphasis on sustainable production and packaging.
Health and Wellness: Growing consumer demand for healthier beverage options.
Technological Advancement: Enhanced production efficiency through technology adoption.
Regulatory Changes: Potential impact of new regulations on ingredient disclosures and safety standards.