In 2023, Italy leads the European soft drinks market with a volume of 22.81 billion liters, followed by France at 15.616 billion liters and Spain at 13.27 billion liters. The UK and Poland are also significant contributors, with volumes of 12.491 billion liters and 9.2766 billion liters, respectively. The market experienced varied growth rates: notable increases in Estonia (3.84%), Bulgaria (2.42%), and Austria (1.5%). In contrast, Belgium and Croatia saw declines of -3.71% and -2.89%, respectively.
Future trends to watch in the European soft drinks market include:
- A growing preference for health-conscious and low-calorie beverages.
- Increasing demand for sustainable packaging solutions.
- Expansion of local and niche brands targeting specific consumer segments.
- Ongoing effects of economic and regulatory changes on market dynamics.
Top countries in Soft Drinks Market Size Volume by Country
| # | 10 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | View data |
| 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 |
| 6 | 6 Romania | 4,010,000,000 | 2023 | +2.13% | -0.24% | View data |
| 7 | 7 Austria | 2,868,100,000 | 2023 | +1.37% | +1.5% | View data |
| 8 | 8 Hungary | 2,409,900,000 | 2023 | +2.95% | -1.36% | View data |
| 9 | 9 Czech Republic | 2,301,900,000 | 2023 | +1.52% | -1% | View data |
| 10 | 10 Netherlands | 2,250,700,000 | 2023 | -1.35% | +1.34% | View data |
