The market value of carbonated soft drinks in Portugal stood at 631.93 million Euros in 2023. The market experienced a gradual decline over recent years, showing a decrease in value every year from 2020 to 2023. Over the last two years, the market contracted by an average of 1.02% annually. The Compound Annual Growth Rate (CAGR) for the last five years is 0.11%, indicating a flattening market trend after an initial growth phase observed post-2015.
Looking ahead, the industry may focus on:
- Developing low-sugar or sugar-free alternatives to align with health trends.
- Emphasizing eco-friendly packaging solutions to meet sustainability demands.
- Exploring product innovations and marketing strategies to revive interest among younger demographics.
How does Portugal 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 |
| 7 | 7 Sweden | 805,070,000 | 2023 | -0.44% | +0.21% | 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% | |
| 10 | 10 Ireland | 576,590,000 | 2023 | +3.81% | +3.91% | View data |
| 11 | 11 Greece | 453,730,000 | 2023 | -7.82% | -2.66% | View data |
