The European turnover of beverage serving activities in 2023 revealed key markets, led by the United Kingdom at the forefront, followed by Spain and Italy. Germany and France trail behind but remain significant contributors. The UK showed modest growth amid a generally increasing trend across most of Europe, with notable surges in Romania, Bosnia and Herzegovina, and Serbia. In contrast, Ireland, Poland, and Iceland experienced declines. While Belgium and Greece posted considerable growth, Luxembourg, Lithuania, and Estonia faced challenges. Over the past five years, the market has weathered variations, highlighting diverse growth patterns across regions.
Future trends to watch include:
- The impact of economic conditions and consumer behavior on the beverage sector.
- Potential growth in emerging Eastern European markets, driven by changing consumption patterns.
- Innovation in product offerings and the integration of sustainability practices, which may drive demand.
- Challenges from environmental regulations and input cost volatility, influencing pricing and profitability.
Top countries in Turnover of Beverage Serving Activities by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 25,860 | 2023 | +0.17% | +0.24% | View data |
2 | 2 Spain | 20,820 | 2023 | +8.94% | +0.79% | View data |
3 | 3 Italy | 17,360 | 2023 | +8.89% | +1% | View data |
4 | 4 Germany | 6,910 | 2023 | +14.69% | +1.33% | View data |
5 | 5 France | 6,480 | 2023 | +6.61% | +1.79% | View data |
6 | 6 Netherlands | 3,540 | 2023 | +9.97% | +0.5% | View data |
7 | 7 Portugal | 3,080 | 2023 | +8.9% | +2.81% | View data |
8 | 8 Belgium | 2,180 | 2023 | +13.95% | +4.03% | View data |
9 | 9 Ireland | 2,150 | 2023 | +7.68% | -4.49% | View data |
10 | 10 Greece | 2,060 | 2023 | +12.15% | +4.37% | View data |