In 2023, the soft drinks turnover in the UK stood at 7.00 billion Euros. The forecasted data for the years 2024 to 2028 show a steadily increasing trend in turnover, starting at 7.07 billion Euros in 2024 and reaching 7.45 billion Euros by 2028.
The year-on-year variation indicates a consistent growth rate. Over the last two years (2024-2025 and 2025-2026), the turnover increases by roughly 1.41% each year. The Compound Annual Growth Rate (CAGR) over the last five years (2023-2028) is approximately 1.27%, highlighting moderate yet stable growth in the market.
Future trends to watch for:
- Increasing consumer preference for healthier and functional beverages.
- Innovations in flavor and product variety as a means to capture consumer interest.
- Regulatory impacts, such as sugar taxes, influencing market dynamics and pricing strategies.