The Hungarian soft drinks market volume displayed growth from 2.0791 billion liters in 2013 to 2.4099 billion liters in 2023. From 2013 to 2023, the market experienced steady increases with fluctuations, including noticeable downturns in 2019 and 2020. The most significant growth occurred in 2017 with a 16.61% increase. Market recovery began in 2021, continuing a gentle upward trajectory till 2023 with a 2.95% increase. The five-year compound annual growth rate up to 2023 stands at -1.36%, highlighting a deceleration.
Future trends to watch for include:
- Impact of health-conscious consumer shifts on product offerings.
- Influence of sustainability and eco-friendly packaging on brand preferences.
- Innovation in flavors and ingredients adapting to evolving consumer tastes.
How does Hungary 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 |
| 6 | 6 Romania | 4,010,000,000 | 2023 | +2.13% | -0.24% | View data |
| 7 | 7 Austria | 2,868,100,000 | 2023 | +1.37% | +1.5% | View data |
| 8 | 8 Hungary | 2,409,900,000 | 2023 | +2.95% | -1.36% | |
| 9 | 9 Czech Republic | 2,301,900,000 | 2023 | +1.52% | -1% | View data |
| 10 | 10 Netherlands | 2,250,700,000 | 2023 | -1.35% | +1.34% | View data |
