The Carbonated Soft Drinks (CSD) market in the UK showed fluctuation in its volume trends over the last decade. In 2023, the market stood at 8.3505 billion liters, reflecting a slight y-o-y increase of 0.71%. From 2013 to 2023, the CSD market experienced periods of growth and decline, with a notable peak in 2014 and another dip in 2017. The five-year CAGR from 2019 to 2023 is modest at 0.91%, indicating stable but slow growth.
Forecasted data from 2024 to 2028 suggests a continued gradual increase, with a projected 5-year CAGR of 0.57%, resulting in an estimated market size of 8.66 billion liters by 2028.
Future trends to watch for include:
- Growing health consciousness among consumers driving demand for low-sugar or sugar-free alternatives.
- Innovative product offerings and packaging with a focus on sustainability.
- Potential regulatory changes impacting production and sales of carbonated soft drinks.
- Adoption of digital marketing strategies and e-commerce platforms for wider reach and direct consumer engagement.