In 2023, Italy led the European soft drinks market in terms of volume, followed by France and Spain. The United Kingdom and Poland also held significant portions of the market. Eastern European countries like Romania, Hungary, and the Czech Republic had smaller shares. While the UK saw a notable 1.61% increase in volume, Spain experienced a slight decline. Estonia had the highest growth rate, albeit from a smaller base, with a 3.84% increase. In contrast, Belgium and Croatia saw significant declines of 3.71% and 2.89% respectively.
Looking ahead, the European soft drinks market is likely to be influenced by trends such as the increasing demand for healthier, low-sugar alternatives and sustainability efforts. Emerging markets in Eastern Europe could potentially witness growth, while mature markets may focus on premium and artisanal products. Regional preferences and regulatory policies may also shape future volume shares across the continent.
Top countries in Soft Drinks Market Size Volume Share by Country (Liters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.31 | 2023 | +1.56% | +0.41% | View data |
| 2 | 2 France | 16.65 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 14.14 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 13.31 | 2023 | +1.5% | +1.61% | View data |
| 5 | 5 Poland | 9.89 | 2023 | +1.69% | +1.05% | View data |
| 6 | 6 Romania | 4.27 | 2023 | +2.13% | -0.24% | View data |
| 7 | 7 Austria | 3.06 | 2023 | +1.37% | +1.5% | View data |
| 8 | 8 Hungary | 2.57 | 2023 | +2.95% | -1.36% | View data |
| 9 | 9 Czech Republic | 2.45 | 2023 | +1.52% | -1% | View data |
| 10 | 10 Netherlands | 2.4 | 2023 | -1.35% | +1.34% | View data |
