Press release
Europe Canned Beverages Market Size, Industry Report Analysis & Future Report by 2028
The Europe canned beverages market size is expected to gain momentum by reaching USD 205.99 billion by 2028 from USD 156.38 billion in 2021 while exhibiting a CAGR of 4.0%between 2021 to 2028. In its report titled, "Europe Canned Beverages Market, 2021-2028," Fortune Business Insights™ mentions that the market stood at USD 154.48 billion in 2020.The increasing demand for dairy-based beverages and flavored milk products is expected to spur the product demand. Moreover, due to busy schedules, people look for instant energy-boosting supplements to strengthen their immunity as well as body. Such factors are fueling the demand for canned products.COVID-19 Impact
The COVID-19 pandemic crippled the global economy, and the canned beverages market also suffered a dip in its revenues. This is because government agencies worldwide declared a lockdown. It severely impacted the logistics, supply of raw materials, and unavailability of labor. Based on our analysis, the market is expected to exhibit a lower growth of 1.23% in 2021 than the average year-on-year growth during 2017-2020. However, the market is expected to revive as many countries are reopening.
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/europe-canned-beverages-market-105965
Market Segmentation:
By product type, the market is segmented into alcoholic beverages, dairy-based beverages, sports & energy drinks, RTD coffee & tea, fruits & vegetable juices, and others. Based on the distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retail, and others.
• Based on distribution channels, the supermarket/hypermarket segment held the highest Europe canned beverages market share. This is attributable to consumer trends shifting towards impulse buying of food & drinking items. This results in bulk shopping of food and other drinks, and it is driving the product revenues.
Lastly, in terms of region, the report talks about only Europe.
What does the Report Provide?
The market report provides a thorough analysis of various factors such as the drivers and restraints that will impact the market's growth. In addition, the report provides country insights that cover different regions of the country, contributing to the growth of the market. It includes the competitive landscape, recent industry developments that involve strategies, new launches, and several other insights of leading players that will contribute to the market's growth.
Driving Factors
Regular Introduction of Nutritious Canned Drinks to Fuel Market Growth
The regular launches of canned drinks by major players of the market are expected to drive the Europe canned beverages market growth as the new launches grab the attention of consumers. For instance, in March 2019, The Coca-Cola Company announced the launch of a 250 ml, sugar-free & calorie-free energy drink in the Spain and Hungarian markets. The canned drink is healthy as it is made of naturally-derived sources such as guarana extract and vitamin B in its formulation.
Get Your Customization Research Report:
https://www.fortunebusinessinsights.com/enquiry/customization/europe-canned-beverages-market-105965
Regional Insights
Germany Held USD 40.53 Billion in 2020
The European market for canned beverages is mainly driven by the growing demand for taking in canned ciders. For instance, as per the data presented by the European Ciders & Fruit Wine Association, in 2018, the consumption volume of the ciders in the U.K. was 10.04 million hectoliters. Furthermore, consumer's inclination towards consuming elite and premium beverages is further sky rocketing the market growth in the U.K. Germany's market share stood at USD 48.72 billion in 2019 and USD 40.53 billion in 2020.
Competitive Landscape
Key Players to Focus on Acquisitions to Strengthen Market Prospects
This market is consolidated by the presence of major companies that are striving to maintain their position by establishing partnerships, collaborations, and new launches. For instance, in December 2019, Diageo Plc. announced the acquisition of Tripple worth. It is a spirit production company that offers a line of canned spirit cocktails to Great Britain, U.K.'s populations. Such strategic moves are expected to intensify the market for Europe canned beverages during the forecast period.
Industry Development
• April 2021: PepsiCo. Inc. launched a new line of canned drink Rockstar Energy + Hemp in Germany. It is a hemp-based energy drink.
List of Key Market Players Profiled in the Europe Canned Beverages Industry Report:
• Anheuser-Busch InBev(Leuven, Belgium)
• Diageo Plc. (London, U.K.)
• Heineken NV (Amsterdam, Netherland)
• Pernod Ricard S.A. (Paris, France)
• Carlsberg Breweries A/S (Copenhagen, Denmark)
• Coca-Cola HBC AG (Zug, Switzerland)
• PepsiCo Inc. (New York, U.S.)
• AnadoluEfesBiracilikve Malt Sanayii A.S. (Istanbul, Turkey)
• Red Bull GmbH (Fuschl, Austria)
• Nestle S.A. (Vevey, Switzerland)
Inquire Before Buying Report:
https://www.fortunebusinessinsights.com/enquiry/queries/europe-canned-beverages-market-105965
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
U.S.:+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
LinkedIn| Facebook |Twitter
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Canned Beverages Market Size, Industry Report Analysis & Future Report by 2028 here
News-ID: 2580771 • Views: …
More Releases from Fortune Business Insights™

World Environment Day 2023: How Saving Water Can Help Us Save The Environment
Wastewater comes from homes, businesses, industrial sites and farms, as well as any stormwater or groundwater that enters the sewer system.
Specialised treatment plants process this wastewater. A combination of technologies is used to achieve the treatment objectives, based on the character of raw wastewater and use of the treated wastewater. These processes include primary, secondary and tertiary treatment. Our research, published today, found wastewater treatment removes a lot of particles,…

Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and For …
The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of 5% during the 2021-2028 period.
In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance. The industry offers a wide variety of products, such as hair care, face care,…

Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market's growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and…

Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 202 …
The global cricket equipment market size was valued at USD 564.43 million in 2021 and USD 594.46 million in 2022. The market is expected to reach USD 897.02 million by 2029 with a CAGR of 6.05% during the forecast period. Growing demand for cricket bats and equipment from various institutions schools, colleges, cricket clubs, and fitness centers is anticipated to drive market growth. Increasing demand for customized sports products and cricket accessories…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…