The Carbonated Soft Drinks (CSD) market in Austria has shown a steady growth in volume over the past decade. From 2012 to 2022, the market increased from 1.2803 Billion Liters to 1.7945 Billion Liters, representing an overall growth. Notably, the year-on-year variation fluctuated, with significant growth periods in 2014, 2018, and 2019. The Compound Annual Growth Rate (CAGR) over the last five years up to 2022 averaged at 4.11%, indicating consistent market expansion.
The previous two years continued this trend with moderate increases: 1.99% in 2020 and 1.54% in 2021. As of 2023, the market volume is projected to be a bit higher, continuing the positive growth trajectory.
Key trends to watch for in the future include:
- Innovation in flavor offerings and healthier alternatives as consumer preferences shift.
- Increased emphasis on sustainability, influencing packaging and production processes.
- Potential impact of regulatory changes and taxes on carbonated beverages.
How does Austria rank in Carbonated Soft Drinks Market Size Volume?
# | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 8,351,600,000 | 2023 | -0.038% | -1.03% | View data |
2 | 2 United Kingdom | 8,350,500,000 | 2023 | +0.71% | +0.91% | View data |
3 | 3 France | 4,104,000,000 | 2023 | +0.11% | +1.48% | View data |
4 | 4 Poland | 2,831,900,000 | 2023 | +0.48% | +0.042% | View data |
5 | 5 Romania | 1,956,900,000 | 2023 | +1.18% | +0.81% | View data |
6 | 6 Austria | 1,838,700,000 | 2023 | +2.88% | +3.36% | |
7 | 7 Netherlands | 1,584,900,000 | 2023 | -2.18% | +0.021% | View data |
8 | 8 Hungary | 1,245,100,000 | 2023 | +3.15% | +1.39% | View data |