The soft drinks market in Spain has experienced a range of year-on-year variations and compound annual growth rates (CAGR) over the years. From 2013 to 2023, the market saw both increases and decreases, with notable declines in 2013, 2019, and 2020, and peaks in 2017 and 2018. By 2023, the market stood at 13.27 billion liters. Over the previous five years, the market saw an average annual decline of 0.79%, while the forecasted CAGR from 2024 to 2028 is a modest 0.45%, indicating a 2.28% growth over that period.

Future trends to watch for include:

Continued health-conscious consumer behavior impacting demand for traditional sugary soft drinks.
Innovation in low and no-calorie beverages driving market share.
Increasing importance of sustainability and eco-friendliness in production and packaging.
Potential growth in functional beverages and energy drinks sectors.