In 2023, the turnover of the European beverages manufacturing industry was led by France at €34.65 billion, followed by Germany, Italy, and Spain. Notable year-on-year growth was seen in Serbia (9.97%), Belgium (6.71%), and Austria (4.21%). Conversely, declines were observed in Slovenia (-2.26%), Iceland (-2.25%), and Cyprus (-2.39%). Despite minor decreases, mature markets like Germany and France maintained stability. Emerging markets such as Serbia and Malta are experiencing rapid growth, highlighting potential investment opportunities.
Future trends suggest continued growth in Eastern Europe driven by economic expansion and market development. Sustainability initiatives and consumer preference changes are anticipated to influence production processes and product offerings across the continent.
Top countries in Beverages Manufacturing Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 34,650 | 2023 | +1.84% | +1.08% | View data |
| 2 | 2 Germany | 26,880 | 2023 | +1.71% | +0.95% | View data |
| 3 | 3 Italy | 23,500 | 2023 | +2.3% | +1.48% | View data |
| 4 | 4 Spain | 20,420 | 2023 | +4.13% | +0.089% | View data |
| 5 | 5 Belgium | 8,660 | 2023 | +5.51% | +6.71% | View data |
| 6 | 6 Poland | 8,500 | 2023 | +1.22% | +0.5% | View data |
| 7 | 7 Austria | 7,950 | 2023 | +3.88% | +4.21% | View data |
| 8 | 8 Netherlands | 5,370 | 2023 | +0.77% | +0.39% | View data |
| 9 | 9 Portugal | 3,750 | 2023 | +3.38% | +1.23% | View data |
| 10 | 10 Czech Republic | 3,240 | 2023 | +4.2% | +1.98% | View data |
