The soft drinks market in Sweden has experienced fluctuating growth over the last decade. From 2012 to 2016, the volume increased consistently, peaking in 2016 with a 10.64% year-on-year growth. However, the market saw declines in 2017 and 2019, and again in 2020 due to potentially external factors influencing consumption. The Compound Annual Growth Rate (CAGR) over the past five years from 2017 to 2022 has been relatively stable at 0.14%. In 2022, the volume stood at 1047.6 million liters, marking a marginal year-on-year growth of 0.38%. In 2023, it is crucial to monitor how external influences such as health trends, environmental concerns, and economic conditions might affect consumption patterns.
Future trends to watch for:
- Increasing consumer preference for healthier and natural beverage options.
- Impact of environmental sustainability efforts on packaging and production.
- Potential economic factors influencing discretionary spending on soft drinks.
- Development of innovative flavors and product lines to attract diverse consumer segments.
How does Sweden rank in Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | View data |
| 2 | 2 France | 15,616,000,000 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 13,270,000,000 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 12,491,000,000 | 2023 | +1.5% | +1.61% | View data |
| 5 | 5 Poland | 9,276,600,000 | 2023 | +1.69% | +1.05% | View data |
| 10 | 10 Netherlands | 2,250,700,000 | 2023 | -1.35% | +1.34% | View data |
| 11 | 11 Bulgaria | 1,601,300,000 | 2023 | +3.29% | +2.42% | View data |
| 12 | 12 Sweden | 1,051,500,000 | 2023 | +0.38% | -0.64% | |
| 13 | 13 Slovakia | 1,002,400,000 | 2023 | +0.07% | -0.43% | View data |
| 14 | 14 Finland | 715,750,000 | 2023 | +0.7% | +1.16% | View data |
