The European beverage serving sector showed varied growth in 2023, with the UK and Spain leading the production value rankings at 23.47 and 21.08 billion Euros, respectively. Germany and France exhibited moderate growth, while smaller markets like Bosnia and Herzegovina and Serbia experienced significant year-on-year increases of 6.79% and 8.04%. However, Belgium and Ireland saw notable declines of 20.8% and 3.13%, respectively. The five-year compound annual growth rate suggests a more stable long-term perspective, with countries like Poland and Romania showing robust average annual increases.
Future trends to watch include technological innovations in service models, potential regulatory impacts due to environmental initiatives, and shifting consumer preferences toward health-conscious and sustainable products. Additionally, market dynamics post-pandemic and economic factors such as inflation and supply chain adjustments will influence production values across Europe.
Top countries in Production Value of Beverage Serving Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 23,470 | 2023 | +1.04% | +1.76% | View data |
| 2 | 2 Spain | 21,080 | 2023 | +10.64% | +1.2% | View data |
| 3 | 3 Italy | 15,550 | 2023 | +9.76% | +0.82% | View data |
| 4 | 4 Germany | 7,030 | 2023 | +14.95% | +1.83% | View data |
| 5 | 5 France | 6,620 | 2023 | +8.96% | +3.77% | View data |
| 6 | 6 Netherlands | 3,520 | 2023 | +8.41% | +0.28% | View data |
| 7 | 7 Portugal | 2,730 | 2023 | +10.46% | +3.29% | View data |
| 8 | 8 Greece | 1,510 | 2023 | +5.88% | -0.89% | View data |
| 9 | 9 Ireland | 1,480 | 2023 | +9.69% | -3.13% | View data |
| 10 | 10 Denmark | 993.8 | 2023 | +8.1% | +2.12% | View data |