In 2023, Germany leads the European household expenditure on non-alcoholic beverages with significant year-on-year growth of over 6%. France and the UK follow, with moderate increases near 2%. Among the strongest performers are Bulgaria and Latvia, showing double-digit growth in their respective markets. Notably, Croatia, and Slovakia also demonstrated substantial rises, indicating increasing consumer demand. The CAGR over the past five years shows a steady trend overall, with stronger growth in Eastern European countries, suggesting shifting consumption patterns and market dynamics.
Looking ahead, factors such as health consciousness, innovations in beverage offerings, and inflation rates will shape the future landscape. Opportunities particularly exist in diversifying product offerings and tapping into health-focused trends to engage the growing market segments in Eastern Europe. Monitoring regulatory impacts on product ingredients and pricing strategies will be crucial for market players aiming to capture greater market shares.
Top countries in Household Expenditure on Non-Alcoholic Beverages Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.18 | 2023 | +5.35% | +6.16% | View data |
| 2 | 2 France | 12.63 | 2023 | +2.07% | +2.57% | View data |
| 3 | 3 United Kingdom | 11.12 | 2023 | +1.12% | +1.6% | View data |
| 4 | 4 Italy | 11.06 | 2023 | +4.26% | +2.7% | View data |
| 5 | 5 Spain | 7.96 | 2023 | +2.37% | +4.25% | View data |
| 6 | 6 Poland | 6.95 | 2023 | +1.81% | +3.77% | View data |
| 7 | 7 Netherlands | 3.04 | 2023 | +2.23% | +4.73% | View data |
| 8 | 8 Sweden | 2.68 | 2023 | +3.16% | +4.28% | View data |
| 9 | 9 Austria | 1.97 | 2023 | +1.78% | +3.4% | View data |
| 10 | 10 Belgium | 1.96 | 2023 | -0.22% | +0.68% | View data |