From 2013 to 2023, the production in Denmark's soft drinks sector demonstrated fluctuations, facing a notable decline of 18.06% in 2013 followed by varied minor dips and increases. A notable growth of 12.44% occurred in 2019. By 2023, the sector stabilized at 1.21 billion DKK. The year-on-year changes from 2021 to 2023 were marginally negative, indicating a plateau. Over the past 5 years, the CAGR stood at 1.8%, showing modest average growth.
Forecast data from 2024 to 2028 projects stabilization at 1.2 billion DKK, with a minor forecast 5-year CAGR of -0.03%, suggesting the sector may experience slight contraction. The overall forecast 5-year growth rate is -0.14%.
Future trends to watch for include:
- Impact of health-conscious consumer shifts.
- Changes in regulatory policies affecting production.
- Innovations in product offerings and sustainable practices.
