The forecast series for the production of beverages in Germany shows a steady positive trend from 2024 to 2028, with values projected to increase from 23.03 billion Euros in 2024 to 24.1 billion Euros in 2028. For reference, the actual value in 2023 was not provided, but we assume it aids the positive growth trend observed in the forecasted data.
When examining year-on-year variations, the data indicates incremental growth:
- 2024 to 2025: 1.17%
- 2025 to 2026: 1.16%
- 2026 to 2027: 1.14%
- 2027 to 2028: 1.09%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately 1.22%, suggesting a stable and consistent upward trend in production value. This steady growth could be attributed to rising demand, improvements in production technologies, or expansions in market share domestically and internationally.
Future trends to watch for include innovations in beverage production, shifts in consumer preferences towards healthier or premium beverages, and potential impacts from regulatory changes or economic factors. Monitoring these variables will be crucial to understanding the potential deviations from the forecasted growth trajectory.
