In 2023, the soft drinks market in the UK stood at 10.125 billion Euros. The forecasted data for 2024 to 2028 indicates steady growth in the market size from 10.245 billion Euros in 2024 to an expected 10.734 billion Euros by 2028.
Year-on-year growth is as follows:- 2025: up by 1.23%- 2026: up by 1.20%- 2027: up by 1.15%- 2028: up by 1.11%
The compound annual growth rate (CAGR) over the five-year forecast period (2024-2028) is approximately 1.17%.
Future trends to watch for include increasing consumer demand for healthier beverage options, the impact of sustainability initiatives, and potential market volatility arising from economic conditions and regulatory changes.