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The Europe soft drinks market reached USD 92.25 Billion in 2024. The market is expected to grow at a CAGR of 4.90% between 2025 and 2034, reaching USD 148.84 Billion by 2034.
Base Year
Historical Year
Forecast Year
As per the UK Government, the average household weekly expenditure on food and non-alcoholic drinks was GBP 62.2 in 2022.
As per the USDA Foreign Agricultural Service, in 2022 Spain’s total imports of agricultural and related products reached $53.9 billion.
As per DESTATIS, monthly private consumption expenditure in Germany in 2022 on Food, beverages and tobacco was EUR 2,846.
Value in USD Billion
2025-2034
Europe Soft Drinks Market Outlook
*this image is indicative*
Growth in the Europe soft drinks market is led by carbonated drinks for their appeal to the masses and a brand image that had been forged over the years by FMCG companies
Carbonated beverages, often referred to as soda or fizzy drinks, have long been favoured beverages at gatherings and social events where alcoholic drinks may not be a preference. Brands such as Coca-Cola, Pepsi, Sprite, and Fanta among others, have a diverse range of flavours that are cherished for their refreshing qualities.
The soft drinks industry in the domestic market is picking up as companies employ innovative marketing strategies and rising investment activities being observed in the soft drink industry. For instance, In May 2024, Ice, a new soft drink brand with popular flavours derived from natural ingredients, was introduced in the UK. The assortment of flavours includes Mango Ice, Strawberry Ice, Citrus Ice, Lemon Ice, Orange Ice, and Classic Ice Cola. Ice Pro Max is another sugar-free option. Moreover, the beverages are offered in different categories such as 330ml glass bottles, 2L PET bottles, and cans.
Non-carbonated beverages like fruit juices, bottled water, and sports drinks have seen a surge in popularity, especially among health-conscious consumers. Fruit juices and bottled water are experiencing a rise in demand due to their natural ingredients, and absence of additives or preservatives.
Europe Soft Drinks Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Type
Market Breakup by Packaging
Market Breakup by Distribution Channel
Market Breakup by Country
The soft drinks market is led by metal cans as a means of storing and transporting soft drinks. Aluminium cans are highly recyclable and have a high recycling rate, which contributes to sustainability efforts. Cans have smooth surfaces which also provide ample space for branding and graphics leading to enhanced brand recognition.
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and production expansion.
Major market players are expanding their outreach by investing in health and wellness through healthier soft drink options and focusing on sustainability and plant-based product options.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 92.25 Billion in 2024.
The market is projected to grow at a CAGR of 4.90% between 2025 and 2034.
The revenue generated from the soft drinks market is expected to reach USD 148.84 Billion in 2034.
Based on product type, the soft drinks market is split into carbonated, non-carbonated and energy and sports drinks.
The soft drinks market key players are PepsiCo, Inc., The Coca-Cola Company, Red Bull GmbH, Monster Beverage Corporation, Nestlé S.A., HAMMER NUTRITION EUROPE B.V., and PRIME Hydration, LLC, among others.
Based on the packaging, the market is split into plastic bottles, metal cans, glass bottles, board cartons and boxes, and others.
Based on the distribution channel, the market is shared by hypermarkets/supermarkets, convenience stores, HoReCa, online channels and others.
Based on the country, the market is broken down into the United Kingdom, Germany, Italy, France, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Type |
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Breakup by Packaging |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Datasheet
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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