The 2023 data reveals that Iceland leads in nominal expenditure per capita on non-alcoholic beverages in Europe with 689 euros, followed by Norway and Luxembourg. The lowest expenditure is in Albania with 43 euros per capita. Expenditure trends have been stable without significant year-on-year variations over the past two years. The lack of major fluctuations suggests consistent spending patterns among these European countries. The five-year compound annual growth rate (CAGR) indicates steady but negligible changes, implying stable market conditions.
Looking ahead to 2024, potential trends to watch include influences of health and wellness trends on consumer preferences, potential effects of economic factors such as inflation on spending power, and innovations in beverage offerings influencing consumption patterns in various countries.
Top countries in Non-Alcoholic Beverages Nominal Expenditure Per Capita by Country
| # | 10 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iceland | 689 | 2023 | View data |
| 2 | 2 Norway | 504 | 2023 | View data |
| 3 | 3 Luxembourg | 413 | 2023 | View data |
| 4 | 4 Croatia | 412 | 2023 | View data |
| 5 | 5 Denmark | 405 | 2023 | View data |
| 6 | 6 Switzerland | 394 | 2023 | View data |
| 7 | 7 Germany | 346 | 2023 | View data |
| 8 | 8 Sweden | 315 | 2023 | View data |
| 9 | 9 Austria | 305 | 2023 | View data |
| 10 | 10 Cyprus | 297 | 2023 | View data |
