In 2023, Germany led the European soft drinks market with a significant share, followed closely by the United Kingdom and Italy. While most countries showed stable or modest growth in production value, Austria experienced a notable decline. Impressive growth rates were recorded in Denmark, Romania, Portugal, and Finland, highlighting their rising influence in the sector. Despite some negative corrections in Italy, Portugal, and Ireland, the overall market appeared healthy with promising gains in emerging markets like Macedonia and Serbia.
Future trends to watch include innovation in sugar-free alternatives and healthier beverage options, driven by changing consumer preferences. Sustainability practices and packaging innovations will also play crucial roles in shaping the market dynamics. Additionally, e-commerce growth could reshape distribution strategies across Europe, with countries like Poland and Romania potentially expanding their shares due to increasing domestic demands and production capabilities.
Top countries in Sold Production of Soft Drinks Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.2 | 2023 | +0.57% | +0.47% | View data |
| 2 | 2 United Kingdom | 18.93 | 2023 | +1.45% | +2.05% | View data |
| 3 | 3 Italy | 14.34 | 2023 | +1.25% | -1.24% | View data |
| 4 | 4 France | 11.58 | 2021 | -49.31% | -11.96% | View data |
| 5 | 5 Poland | 7.76 | 2023 | +2.34% | +2.88% | View data |
| 6 | 6 Spain | 6.21 | 2023 | +4.92% | +1.18% | View data |
| 7 | 7 Romania | 4.31 | 2023 | +2.92% | +3.81% | View data |
| 8 | 8 Denmark | 3.72 | 2023 | +1.88% | +8.35% | View data |
| 9 | 9 Hungary | 2.44 | 2023 | +2.25% | +1.42% | View data |
| 10 | 10 Czechia | 2.1 | 2021 |