In 2023, the sold production of soft drinks in Spain stood at an actual value (or volume) of 8.5 Billion Liters. Forecasted data for 2024 points to a value of 7.7705 Billion Liters, leading to an approximate year-on-year decline of 8.57%. This trend continues as the value is predicted to drop to 7.139 Billion Liters in 2025, marking a 8.13% reduction from the previous year.
From 2025 to 2026, a continued decline of approximately 8.75% is forecasted, with the 2026 value set at 6.5139 Billion Liters. The decrease persists into 2027 and 2028, with values of 5.895 and 5.2823 Billion Liters, respectively, accounting for year-on-year reductions of 9.51% and 10.39%. The compound annual growth rate (CAGR) over the forecasted five-year period is expected to be approximately -10.16%.
Future trends to watch for include changes in consumer preferences towards healthier beverage options, regulatory pressures, and potential market disruptions from new entrants or innovative products. Market players should also closely monitor the impact of economic factors on consumer spending power and competition from substitute products.
