As of 2023, the sold production of soft drinks in Norway was at 421.62 million Euros. From 2024 to 2028, the forecasted data indicates a steady decline in sales values. The projected values for these years show a consistent decrease, reflecting a trend of diminishing demand or market saturation.
Year-on-year variations reveal the following percentages:
- From 2024 to 2025: -3.44%
- From 2025 to 2026: -3.53%
- From 2026 to 2027: -3.60%
- From 2027 to 2028: -3.71%
The compound annual growth rate (CAGR) over the last five years reveals an average annual decrease of -3.53% in the soft drinks market.
For future trends, it will be crucial to observe shifts in consumer preferences, particularly towards healthier beverage options and sustainable packaging. Additionally, economic factors such as inflation and evolving regulatory policies on sugar and artificial additives could further influence market dynamics.
