The European beverage production market has been showing steady growth across key countries in 2023, with Italy leading at 22.81 million Euros, followed closely by France at 22.67 million Euros, and Germany at 20.86 million Euros. Spain also holds a significant share at 19.87 million Euros. Austria, Netherlands, Greece, Finland, Slovenia, and Luxembourg constitute smaller portions of the market.
Year-on-year variations indicate moderate growth in most countries: Italy (1.62%), France (1.92%), Germany (0.08%), Spain (0.16%), Austria (2.42%), Netherlands (1.26%), and Luxembourg (0.16%). Conversely, Greece (-1.37%), Finland (-0.22%), and Slovenia (-0.18%) experienced declines.
Future trends to watch include potential market expansions in Italy, France, and Austria, which are showing positive growth. On the other hand, addressing declining trends in Greece and Slovenia may be crucial for sustaining overall market health. Additionally, innovations in beverage types and production efficiencies could shift market shares in the coming years.
Top countries in Production of Beverages Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 22.81 | 2023 | +1.74% | +1.62% | View data |
2 | 2 France | 22.67 | 2023 | +1.83% | +1.92% | View data |
3 | 3 Germany | 20.86 | 2023 | +1.16% | +0.08% | View data |
4 | 4 Spain | 19.87 | 2023 | +1.27% | +0.16% | View data |
5 | 5 Austria | 6.5 | 2023 | +2.32% | +2.42% | View data |
6 | 6 Netherlands | 4.34 | 2023 | +1.03% | +1.26% | View data |
7 | 7 Greece | 1.59 | 2023 | -2.01% | -1.37% | View data |
8 | 8 Finland | 1 | 2023 | +0.18% | -0.22% | View data |
9 | 9 Slovenia | 0.23 | 2023 | 0% | -0.18% | View data |
10 | 10 Luxembourg | 0.14 | 2023 | -0.2% | +0.16% | View data |