In 2023, Germany led the European carbonated soft drink market with €5.282 billion, despite a 1.99% decline. France followed closely, showing a 2.19% growth. Austria's market grew by 5.19%, reaching €4.584 billion. Other notable mentions include Romania, which rose by 3.05%, and Ireland, which expanded by 3.91%. In contrast, the Netherlands and Greece saw declines of 2.05% and 2.66%, respectively. Smaller markets like Slovakia and Bulgaria experienced larger relative drops, highlighting regional variations within Europe.
Future trends to watch for:
- Increasing health consciousness may drive shifts towards low-sugar and functional beverages.
- Innovation and product diversification could stimulate market growth.
- Evolving consumer preferences and sustainability concerns may reshape packaging and distribution methods.
Top countries in Carbonated Soft Drinks Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,282,200,000 | 2023 | -1.67% | -1.99% | View data |
| 2 | 2 France | 4,745,700,000 | 2023 | +1.43% | +2.19% | View data |
| 3 | 3 Austria | 4,584,300,000 | 2023 | +3.82% | +5.19% | View data |
| 4 | 4 Romania | 1,451,800,000 | 2023 | +2.6% | +3.05% | View data |
| 5 | 5 Netherlands | 1,394,400,000 | 2023 | -1.59% | -2.05% | View data |
| 6 | 6 Italy | 1,159,200,000 | 2023 | +0.6% | +0.021% | View data |
| 7 | 7 Sweden | 805,070,000 | 2023 | -0.44% | +0.21% | View data |
| 8 | 8 Hungary | 712,180,000 | 2023 | +4.47% | +0.82% | View data |
| 9 | 9 Portugal | 631,930,000 | 2023 | -1.02% | +0.11% | View data |
| 10 | 10 Ireland | 576,590,000 | 2023 | +3.81% | +3.91% | View data |