In 2023, the alcoholic beverages market size in Norway stood at 384.1 Thousand Metric Tons. Forecasted data suggests a steady annual increase in market volume from 2024 to 2028. A year-on-year increase is observed, starting with a 0.29% rise in 2025, followed by a 0.28% increase in 2026, 0.28% in 2027, and a 0.27% rise in 2028. The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 0.28%.
Future trends to watch include potential shifts in consumer preferences towards low-alcohol or non-alcoholic alternatives, growth in premium and craft segments, and regulatory changes impacting market dynamics. Additionally, sustainability practices in production and packaging may influence market growth.
