The 2024 European Soft Drinks turnover reveals Germany leading the market with 10.42 billion Euros, followed by France at 8.44 billion Euros and the United Kingdom at 6.97 billion Euros. Austria and Spain are also significant contributors with turnovers of 5.79 and 5.53 billion Euros, respectively. Belgium and Poland exhibit notable yet smaller markets at 2.71 billion Euros and 1.87 billion Euros. The lowest turnovers are observed in Estonia, Finland, and Lithuania. Year-on-year analysis from 2023 highlights Germany's growth at 3.4%, Austria at 4.27%, while France shows a decline of 4.14%. Serbia reflects a substantial increase at 15.17%.
Future trends to watch include potential market expansions in Belgium and Serbia, driven by their robust growth rates. Conversely, France and Spain's declining turnovers suggest market challenges. Monitoring technological advancements and changing consumer preferences will be essential for recognizing emerging opportunities in these markets.
Top countries in Soft Drinks Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10,420 | 2023 | +4.49% | +3.4% | View data |
| 2 | 2 France | 8,440 | 2023 | -4.16% | -4.14% | View data |
| 3 | 3 United Kingdom | 6,970 | 2023 | +1.32% | +1.25% | View data |
| 4 | 4 Austria | 5,790 | 2023 | +3.46% | +4.27% | View data |
| 5 | 5 Spain | 5,530 | 2023 | +3.17% | -1.81% | View data |
| 6 | 6 Italy | 5,490 | 2023 | +3.1% | +1.28% | View data |
| 7 | 7 Belgium | 2,710 | 2023 | +2.31% | +7.85% | View data |
| 8 | 8 Poland | 1,870 | 2023 | +0.47% | -0.47% | View data |
| 9 | 9 Romania | 1,480 | 2023 | +1.35% | +0.65% | View data |
| 10 | 10 Netherlands | 1,430 | 2023 | +0.028% | -0.18% | View data |
