In 2023, Portugal led in the European Number of High Growth Enterprises in Beverages Manufacturing with 75 enterprises, showing a moderate increase. Hungary followed, experiencing significant growth at 9.07%. Italy saw a decline of 7.69%, while Czech Republic and Romania experienced decreases of 4.21% and 5.87%, respectively. Slovakia and Lithuania saw larger declines at -14.14% and -7.79%. Latvia also faced a drop of 11.09%. Norway and Iceland had no change, with a static presence in high growth enterprises.
Future trends to watch include:
- Potential growth in the Eastern European market as innovation and investment increase.
- Stable or slow growth in Western Europe due to market saturation and regulatory challenges.
- Emerging new players and niche markets within the industry.
- Sustainability and technology advancements driving enterprise growth.
Top countries in Number of High Growth Enterprises in Beverages Manufacturing by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 75 | 2023 | +17.19% | +2.43% | View data |
| 2 | 2 Hungary | 71 | 2023 | +12.7% | +9.07% | View data |
| 3 | 3 Italy | 61 | 2023 | +5.17% | -7.69% | View data |
| 4 | 4 Czech Republic | 25 | 2023 | +8.7% | -4.21% | View data |
| 5 | 5 Romania | 17 | 2023 | +21.43% | -5.87% | View data |
| 6 | 6 Slovakia | 7 | 2023 | 0% | -14.14% | View data |
| 7 | 7 Lithuania | 6 | 2023 | 0% | -7.79% | View data |
| 8 | 8 Latvia | 5 | 2023 | -16.67% | -11.09% | View data |
| 9 | 9 Norway | 2 | 2023 | 0% | 0% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | View data |
