The soft drinks market in Italy has exhibited considerable fluctuations between 2012 and 2022. The market volume has experienced significant changes, increasing notably between 2016 and 2018 but showing a downturn in 2015 and 2019. From 2017 to 2022, the volume saw an average yearly change (CAGR) of -1.42%, with a noticeable dip in 2019 followed by modest recovery levels in subsequent years. Year-on-year variations highlight dramatic spikes, particularly a 25.46% increase in 2017 and a considerable decline of 13.9% in 2019, showcasing market volatility.
Future trends to watch for in the Italian soft drinks market include the growing demand for healthier beverage options, driven by increased consumer awareness regarding health and wellness. Advances in product innovation and sustainable packaging solutions are anticipated to be key drivers of growth and competition in the coming years. Monitoring shifts in consumer preferences and regulatory impacts will be vital for identifying opportunities and challenges in this evolving market.
How does Italy rank in Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | |
| 2 | 2 France | 15,616,000,000 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 13,270,000,000 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 12,491,000,000 | 2023 | +1.5% | +1.61% | View data |
| 5 | 5 Poland | 9,276,600,000 | 2023 | +1.69% | +1.05% | View data |
