Europe Craft Soda Market Size & Outlook, 2023-2030
Europe craft soda market, 2017-2030 (US$M)
Related Markets
Europe craft soda market highlights
- The Europe craft soda market generated a revenue of USD 172.4 million in 2023.
- The market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, cola was the largest revenue generating flavor in 2023.
- Tropical Fruits is the most lucrative flavor segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 172.4 million |
| Market revenue in 2030 | USD 232.8 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Cola |
| Fastest growing segment | Tropical Fruits |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cola, Tropical Fruits, Berries |
| Key market players worldwide | Jones Soda Co, Associated British Foods PLC, Reed's Inc, PepsiCo Inc, Coca-Cola Europacific Partners PLC, Sipp Industries Inc Class A, Boylan Bottling |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.1% of the global craft soda market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 243.8 million by 2030.
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Craft Soda Market Scope
Craft Soda Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe craft soda market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to craft soda market will help companies and investors design strategic landscapes.
Cola was the largest segment with a revenue share of 47.51% in 2023. Horizon Databook has segmented the Europe craft soda market based on cola, tropical fruits, berries covering the revenue growth of each sub-segment from 2017 to 2030.
Europe is an economically developed region with high consumer disposable income and well established market of craft soda already. The beer hungry European population in turn switching to craft soda as it provides healthier alternative to other artificial and high sugar carbonated drinks option.
Hence, the market of craft soda is well established in the UK and Germany. However, the market in other European countries is expected to register growth at a lower rate as compared to the countries with more stable economies.
The trend is similar for craft soda distribution which is getting popular due to its organic flavors and raw material base such as the drinks brand Soda Folk from America will forge American craft soda range in the UK with their new “lusciously sweet” and “fiery” cream soda and root beer.
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Target buyers of Europe craft soda market databook
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Our clientele includes a mix of craft soda market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe craft soda market , including forecasts for subscribers. This continent databook contains high-level insights into Europe craft soda market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe craft soda market size, by country, 2017-2030 (US$M)
Europe Craft Soda Market Outlook Share, 2023 & 2030 (US$M)
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