In 2023, France led the European beverages manufacturing turnover with 20.79 million euros, representing a slight increase of 1.08% year-on-year. Germany followed with 16.13 million euros, despite a minimal decline of 0.95%. Italy showcased notable growth of 1.48%, reaching 14.1 million euros, whereas Spain experienced a marginal rise of only 0.089%, summing up to 12.25 million euros. A significant increase was observed in Belgium (6.71%) and Austria (4.21%), whereas Norway, Sweden, and Hungary saw declines. Serbia reported a remarkable surge of 9.97%, and Malta had a substantial growth of 10.95%. Conversely, Iceland, Slovenia, and Cyprus experienced notable downturns.
Looking ahead, the European beverages manufacturing sector is expected to see shifts influenced by economic policies, consumer preferences towards health-conscious products, and technological advancements. Countries like Serbia and Malta show promising trajectories, while established markets like France and Germany may focus on innovation to sustain growth. Sustainability practices and regulatory changes are also anticipated to play significant roles in shaping future trends.
Top countries in Beverages Manufacturing Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 20.79 | 2023 | +1.84% | +1.08% | View data |
| 2 | 2 Germany | 16.13 | 2023 | +1.71% | +0.95% | View data |
| 3 | 3 Italy | 14.1 | 2023 | +2.3% | +1.48% | View data |
| 4 | 4 Spain | 12.25 | 2023 | +4.13% | +0.089% | View data |
| 5 | 5 Belgium | 5.2 | 2023 | +5.51% | +6.71% | View data |
| 6 | 6 Poland | 5.1 | 2023 | +1.22% | +0.5% | View data |
| 7 | 7 Austria | 4.77 | 2023 | +3.88% | +4.21% | View data |
| 8 | 8 Netherlands | 3.22 | 2023 | +0.77% | +0.39% | View data |
| 9 | 9 Portugal | 2.25 | 2023 | +3.38% | +1.23% | View data |
| 10 | 10 Czech Republic | 1.95 | 2023 | +4.2% | +1.98% | View data |
