As of 2023, Croatia leads in nominal expenditure on non-alcoholic beverages relative to GDP within Europe, showing a robust year-on-year growth of 4.78%. Conversely, Ireland experienced the sharpest decline at -7.79%. While Poland displayed significant positive variation of 10.76%, countries like Bosnia and Herzegovina, Montenegro, and Serbia saw decreases, indicating varied market dynamics across nations.
Future trends worth monitoring include:
- Impact of increasing health awareness on non-alcoholic beverage demand.
- Growth of niche segments such as functional and flavored waters.
- Potential effects of economic shifts on consumption patterns in emerging European markets.
Top countries in Non-Alcoholic Beverages Nominal Expenditure by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 2.4 | 2023 | +4.35% | +4.78% | View data |
| 2 | 2 Bosnia and Herzegovina | 2.3 | 2023 | 0% | -2.42% | View data |
| 3 | 3 Macedonia | 2.3 | 2023 | -4.17% | 0% | View data |
| 4 | 4 Montenegro | 2 | 2023 | -9.09% | -0.97% | View data |
| 5 | 5 Serbia | 1.8 | 2023 | 0% | -2.09% | View data |
| 6 | 6 Poland | 1.5 | 2023 | 0% | +10.76% | View data |
| 7 | 7 Hungary | 1.2 | 2023 | 0% | 0% | View data |
| 8 | 8 Latvia | 1.1 | 2023 | 0% | +1.92% | View data |
| 9 | 9 Cyprus | 1 | 2023 | 0% | +4.56% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | +2.13% | View data |
