The carbonated soft drinks market in Ireland in 2023 reached 576.59 million euros. Notable year-on-year growth occurred from 2020 to 2021, reaching a high of 543.96 million euros in 2021. This was followed by continued growth to 555.42 million euros in 2022 and further to 576.59 million euros in 2023. Over the last five years, the market exhibited an average annual growth (CAGR) of 3.91%. Year-on-year increases since 2020 indicate a strong recovery and rising demand in the Irish market.
Future trends to watch include:
- Shifts towards healthier beverage options, potentially impacting carbonated soft drink sales.
- Increased consumer interest in premium and craft sodas may drive niche market growth.
- Environmental concerns and sustainability efforts could see a push towards new packaging solutions.
- Technological innovation in flavor development and functional beverages entering the market.
How does Ireland rank in Carbonated Soft Drinks Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,282,200,000 | 2023 | -1.67% | -1.99% | View data |
| 2 | 2 France | 4,745,700,000 | 2023 | +1.43% | +2.19% | View data |
| 3 | 3 Austria | 4,584,300,000 | 2023 | +3.82% | +5.19% | View data |
| 4 | 4 Romania | 1,451,800,000 | 2023 | +2.6% | +3.05% | View data |
| 5 | 5 Netherlands | 1,394,400,000 | 2023 | -1.59% | -2.05% | View data |
| 8 | 8 Hungary | 712,180,000 | 2023 | +4.47% | +0.82% | View data |
| 9 | 9 Portugal | 631,930,000 | 2023 | -1.02% | +0.11% | View data |
| 10 | 10 Ireland | 576,590,000 | 2023 | +3.81% | +3.91% | |
| 11 | 11 Greece | 453,730,000 | 2023 | -7.82% | -2.66% | View data |
| 12 | 12 Finland | 451,790,000 | 2023 | -1.4% | -0.2% | View data |