The turnover in the Swiss beverages sector is forecasted to decline from CHF 2.08 billion in 2024 to CHF 1.73 billion by 2028. Comparing the predicted data annually from 2024 to 2028, there's a consistent decrease in value. To observe the variations, a year-on-year analysis shows an average annual reduction of approximately 4.51%. The average Compound Annual Growth Rate (CAGR) over the five-year period computes to a negative growth of around 4.5% per year. This downturn indicates a steady contraction in the sector's turnover.
Future trends to watch for:
- Increased consumer preference for healthier and non-alcoholic beverages.
- Potential rise of innovative product categories such as functional beverages.
- Regulatory changes and health trends impacting traditional beverage consumption.
- Sustainable packaging and environmentally friendly practices becoming more important to consumers.
- Fluctuations in raw material costs affecting profit margins.