The UK soft drinks market has experienced varied growth from 2012 to 2022, reaching 12.306 billion liters in 2022. The annual variation fluctuated significantly, peaking at 14.22% in 2014, while also seeing periods of contraction such as a -3.41% dip in 2020. The last two years showed moderate growth with 6.96% in 2021 and 1.56% in 2022. Over the past five years, the compound annual growth rate (CAGR) was 1.83%, indicating stable yet slow growth. In 2023, the market saw a slight increment with the volume standing at an estimated 12.5 billion liters.
Future trends to watch for include:
- Increased consumer preference for healthier and low-sugar beverages which may influence market dynamics.
- The impact of sustainability movements pushing for eco-friendly packaging solutions.
- Implementation of new regulations and taxes on sugary drinks.
- Technological advancements in product development such as functional beverages.
How does the United Kingdom rank in Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | View data |
| 2 | 2 France | 15,616,000,000 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 13,270,000,000 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 12,491,000,000 | 2023 | +1.5% | +1.61% | |
| 5 | 5 Poland | 9,276,600,000 | 2023 | +1.69% | +1.05% | View data |
| 6 | 6 Romania | 4,010,000,000 | 2023 | +2.13% | -0.24% | View data |
