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Soft Drinks in Hungary

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    Report

  • 87 Pages
  • November 2024
  • Region: Hungary
  • Euromonitor International
  • ID: 2570154
Soft drinks in Hungary faced significant challenges in 2022-2023, due to high inflation, tax changes and preparations for the Deposit Return Scheme (DRS). These factors, along with strong pressure on consumer purchasing power, led to decreases in off-trade volume sales amid price hikes. In 2024, the industry began to recover, with rebounds in off-trade volume growth, although a number of categories, and soft drinks overall, had yet to reach 2022 sales levels.

The Soft Drinks in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Asian Speciality Drinks, Bottled Water, Carbonates, Concentrates, Energy Drinks, Juice, RTD Coffee, RTD Tea, Sports Drinks.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Soft Drinks market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

EXECUTIVE SUMMARY
  • Soft drinks in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • Foodservice vs retail split
  • What next for soft drinks?
MARKET DATA
  • Table 1 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2019-2024
  • Table 2 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2019-2024
  • Table 3 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2019-2024
  • Table 4 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2019-2024
  • Table 5 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2024
  • Table 6 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2024
  • Table 7 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2024
  • Table 8 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2024
  • Table 9 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2019-2024
  • Table 10 Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2019-2024
  • Table 11 Off-trade Sales of Soft Drinks by Category: Value 2019-2024
  • Table 12 Off-trade Sales of Soft Drinks by Category: % Value Growth 2019-2024
  • Table 13 Sales of Soft Drinks by Total Fountain On-trade: Volume 2019-2024
  • Table 14 Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2019-2024
  • Table 15 NBO Company Shares of Total Soft Drinks (RTD): % Volume 2020-2024
  • Table 16 LBN Brand Shares of Total Soft Drinks (RTD): % Volume 2021-2024
  • Table 17 NBO Company Shares of On-trade Soft Drinks (RTD): % Volume 2020-2024
  • Table 18 LBN Brand Shares of On-trade Soft Drinks (RTD): % Volume 2021-2024
  • Table 19 NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2020-2024
  • Table 20 LBN Brand Shares of Off-trade Soft Drinks (RTD): % Volume 2021-2024
  • Table 21 NBO Company Shares of Off-trade Soft Drinks: % Value 2020-2024
  • Table 22 LBN Brand Shares of Off-trade Soft Drinks: % Value 2021-2024
  • Table 23 Penetration of Private Label in Off-trade Soft Drinks (RTD) by Category: % Volume 2019-2024
  • Table 24 Penetration of Private Label in Off-trade Soft Drinks by Category: % Value 2019-2024
  • Table 25 Distribution of Off-trade Soft Drinks (as sold) by Format: % Volume 2019-2024
  • Table 26 Distribution of Off-trade Soft Drinks (as sold) by Format and Category: % Volume 2024
  • Table 27 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2024-2029
  • Table 28 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2024-2029
  • Table 29 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2024-2029
  • Table 30 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2024-2029
  • Table 31 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2024-2029
  • Table 32 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2024-2029
  • Table 33 Forecast Off-trade Sales of Soft Drinks by Category: Value 2024-2029
  • Table 34 Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2024-2029
  • Table 35 Forecast Sales of Soft Drinks by Total Fountain On-trade: Volume 2024-2029
  • Table 36 Forecast Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2024-2029
APPENDIX
  • Fountain sales in Hungary
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CARBONATES IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • The demand for carbonates rebounds in 2024 but constraints remain
  • New launches and the popularity of gin and tonic cocktails boost tonic water
  • The leading players continue to invest in the category
PROSPECTS AND OPPORTUNITIES
  • Carbonates to continue to recover as economic pressures ease
  • Innovation to stimulate interest in a saturated category
  • “Easy-mixes” culture to push tonic water/mixers/other bitters but RTD alternatives present a threat
CATEGORY DATA
  • Table 37 Off-trade vs On-trade Sales of Carbonates: Volume 2019-2024
  • Table 38 Off-trade vs On-trade Sales of Carbonates: Value 2019-2024
  • Table 39 Off-trade vs On-trade Sales of Carbonates: % Volume Growth 2019-2024
  • Table 40 Off-trade vs On-trade Sales of Carbonates: % Value Growth 2019-2024
  • Table 41 Off-trade Sales of Carbonates by Category: Volume 2019-2024
  • Table 42 Off-trade Sales of Carbonates by Category: Value 2019-2024
  • Table 43 Off-trade Sales of Carbonates by Category: % Volume Growth 2019-2024
  • Table 44 Off-trade Sales of Carbonates by Category: % Value Growth 2019-2024
  • Table 45 Total Sales of Carbonates by Fountain On-trade: Volume 2019-2024
  • Table 46 Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2019-2024
  • Table 47 NBO Company Shares of Off-trade Carbonates: % Volume 2020-2024
  • Table 48 LBN Brand Shares of Off-trade Carbonates: % Volume 2021-2024
  • Table 49 NBO Company Shares of Off-trade Carbonates: % Value 2020-2024
  • Table 50 LBN Brand Shares of Off-trade Carbonates: % Value 2021-2024
  • Table 51 Forecast Off-trade Sales of Carbonates by Category: Volume 2024-2029
  • Table 52 Forecast Off-trade Sales of Carbonates by Category: Value 2024-2029
  • Table 53 Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 2024-2029
  • Table 54 Forecast Off-trade Sales of Carbonates by Category: % Value Growth 2024-2029
  • Table 55 Forecast Total Sales of Carbonates by Fountain On-trade: Volume 2024-2029
  • Table 56 Forecast Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2024-2029
JUICE IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Inflationary pressure and legislation and schemes impact prices and costs
  • Private label struggles amid narrower price differentials with branded rivals
  • Sió-Eckes leverages a well-known and popular portfolio to lead juice
PROSPECTS AND OPPORTUNITIES
  • Juice to see premiumisation in the forecast period
  • Enduring appeal of affordable, widely available and developing juice drinks
  • Packaging developments to cater to growing consumption occasions
CATEGORY DATA
  • Table 57 Off-trade Sales of Juice by Category: Volume 2019-2024
  • Table 58 Off-trade Sales of Juice by Category: Value 2019-2024
  • Table 59 Off-trade Sales of Juice by Category: % Volume Growth 2019-2024
  • Table 60 Off-trade Sales of Juice by Category: % Value Growth 2019-2024
  • Table 61 NBO Company Shares of Off-trade Juice: % Volume 2020-2024
  • Table 62 LBN Brand Shares of Off-trade Juice: % Volume 2021-2024
  • Table 63 NBO Company Shares of Off-trade Juice: % Value 2020-2024
  • Table 64 LBN Brand Shares of Off-trade Juice: % Value 2021-2024
  • Table 65 Forecast Off-trade Sales of Juice by Category: Volume 2024-2029
  • Table 66 Forecast Off-trade Sales of Juice by Category: Value 2024-2029
  • Table 67 Forecast Off-trade Sales of Juice by Category: % Volume Growth 2024-2029
  • Table 68 Forecast Off-trade Sales of Juice by Category: % Value Growth 2024-2029
BOTTLED WATER IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Rising costs and upward pressure on prices dampen demand
  • Flavoured bottled water offers added-value alternative to regular carbonates and bottled water
  • New product development reflects growth potential of functional bottled water
PROSPECTS AND OPPORTUNITIES
  • Price stabilisation to foster an upturn in off-trade volume sales
  • New launches and health-orientated demand to expand functional bottled water's offer and appeal
  • Ongoing investment to spur flavoured bottled water’s profile and growth potential
CATEGORY DATA
  • Table 133 Off-trade Sales of Bottled Water by Category: Volume 2019-2024
  • Table 134 Off-trade Sales of Bottled Water by Category: Value 2019-2024
  • Table 135 Off-trade Sales of Bottled Water by Category: % Volume Growth 2019-2024
  • Table 136 Off-trade Sales of Bottled Water by Category: % Value Growth 2019-2024
  • Table 137 NBO Company Shares of Off-trade Bottled Water: % Volume 2020-2024
  • Table 138 LBN Brand Shares of Off-trade Bottled Water: % Volume 2021-2024
  • Table 139 NBO Company Shares of Off-trade Bottled Water: % Value 2020-2024
  • Table 140 LBN Brand Shares of Off-trade Bottled Water: % Value 2021-2024
  • Table 141 Forecast Off-trade Sales of Bottled Water by Category: Volume 2024-2029
  • Table 142 Forecast Off-trade Sales of Bottled Water by Category: Value 2024-2029
  • Table 143 Forecast Off-trade Sales of Bottled Water by Category: % Volume Growth 2024-2029
  • Table 144 Forecast Off-trade Sales of Bottled Water by Category: % Value Growth 2024-2029
SPORTS DRINKS IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Growth is derived from a low sales base but also health and fitness trends
  • Marketing focus on sports and fitness to push awareness and demand
  • Narrowing of the price gap favours brands over private label
PROSPECTS AND OPPORTUNITIES
  • Health and fitness trend continues to offer penetration opportunities
  • Innovation to push nutritional benefits of sports drinks
  • Local players to look to new product and packaging developments to compete
CATEGORY DATA
  • Table 69 Off-trade Sales of Sports Drinks: Volume 2019-2024
  • Table 70 Off-trade Sales of Sports Drinks: Value 2019-2024
  • Table 71 Off-trade Sales of Sports Drinks: % Volume Growth 2019-2024
  • Table 72 Off-trade Sales of Sports Drinks: % Value Growth 2019-2024
  • Table 73 NBO Company Shares of Off-trade Sports Drinks: % Volume 2020-2024
  • Table 74 LBN Brand Shares of Off-trade Sports Drinks: % Volume 2021-2024
  • Table 75 NBO Company Shares of Off-trade Sports Drinks: % Value 2020-2024
  • Table 76 LBN Brand Shares of Off-trade Sports Drinks: % Value 2021-2024
  • Table 77 Forecast Off-trade Sales of Sports Drinks: Volume 2024-2029
  • Table 78 Forecast Off-trade Sales of Sports Drinks: Value 2024-2029
  • Table 79 Forecast Off-trade Sales of Sports Drinks: % Volume Growth 2024-2029
  • Table 80 Forecast Off-trade Sales of Sports Drinks: % Value Growth 2024-2029
ENERGY DRINKS IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Energy drinks recovers dynamism to return to off-trade volume growth
  • Zord launch illustrates the dynamism of social media as a marketing tool
  • Innovation remains a key competitive tool
PROSPECTS AND OPPORTUNITIES
  • Brand dynamism to undermine private label offer
  • New bill threatens energy drinks consumption
  • Healthier positioning to improve consumer perception of energy drinks
CATEGORY DATA
  • Table 81 Off-trade Sales of Energy Drinks: Volume 2019-2024
  • Table 82 Off-trade Sales of Energy Drinks: Value 2019-2024
  • Table 83 Off-trade Sales of Energy Drinks: % Volume Growth 2019-2024
  • Table 84 Off-trade Sales of Energy Drinks: % Value Growth 2019-2024
  • Table 85 NBO Company Shares of Off-trade Energy Drinks: % Volume 2020-2024
  • Table 86 LBN Brand Shares of Off-trade Energy Drinks: % Volume 2021-2024
  • Table 87 NBO Company Shares of Off-trade Energy Drinks: % Value 2020-2024
  • Table 88 LBN Brand Shares of Off-trade Energy Drinks: % Value 2021-2024
  • Table 89 Forecast Off-trade Sales of Energy Drinks: Volume 2024-2029
  • Table 90 Forecast Off-trade Sales of Energy Drinks: Value 2024-2029
  • Table 91 Forecast Off-trade Sales of Energy Drinks: % Volume Growth 2024-2029
  • Table 92 Forecast Off-trade Sales of Energy Drinks: % Value Growth 2024-2029
CONCENTRATES IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • New flavours add some dynamism to the category in a still tough economic and operating climate
  • Marketing and promotion to win over consumers to liquid concentrates
  • The sports and fitness trend may offer some respite for declining powder concentrates
PROSPECTS AND OPPORTUNITIES
  • Promotions and healthier options to stimulate the demand for liquid concentrates
  • Company activity is essential to gain a competitive advantage
  • Local players to maintain their stronghold on the category
CATEGORY DATA
  • Concentrates Conversions
  • Summary 2 Concentrates Conversion Factors for Ready-to-Drink (RTD) Format
  • Table 93 Off-trade Sales of Concentrates (RTD) by Category: Volume 2019-2024
  • Table 94 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2019-2024
  • Table 95 Off-trade Sales of Concentrates by Category: Value 2019-2024
  • Table 96 Off-trade Sales of Concentrates by Category: % Value Growth 2019-2024
  • Table 97 LBN Brand Shares of Off-trade Concentrates (RTD): % Volume 2021-2024
  • Table 98 NBO Company Shares of Off-trade Concentrates: % Value 2020-2024
  • Table 99 LBN Brand Shares of Off-trade Concentrates: % Value 2021-2024
  • Table 100 NBO Company Shares of Off-trade Liquid Concentrates (RTD): % Volume 2020-2024
  • Table 101 LBN Brand Shares of Off-trade Liquid Concentrates (RTD): % Volume 2021-2024
  • Table 102 NBO Company Shares of Off-trade Powder Concentrates (RTD): % Volume 2020-2024
  • Table 103 LBN Brand Shares of Off-trade Powder Concentrates (RTD): % Volume 2021-2024
  • Table 104 Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 2024-2029
  • Table 105 Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2024-2029
  • Table 106 Forecast Off-trade Sales of Concentrates by Category: Value 2024-2029
  • Table 107 Forecast Off-trade Sales of Concentrates by Category: % Value Growth 2024-2029
RTD TEA IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Company investments and improving economic conditions spur a return to off-trade volume growth
  • Private label’s main competitive advantage weakens to hand the initiative to brands
  • Strong investments maintain Xixo’s competitive advantages
PROSPECTS AND OPPORTUNITIES
  • Economic stabilisation and new product development to boost RTD tea
  • Well-supported brands to continue to exert strong pressure on private label
  • Players aim to reduce the high seasonality of RTD tea consumption
CATEGORY DATA
  • Table 108 Off-trade Sales of RTD Tea by Category: Volume 2019-2024
  • Table 109 Off-trade Sales of RTD Tea by Category: Value 2019-2024
  • Table 110 Off-trade Sales of RTD Tea by Category: % Volume Growth 2019-2024
  • Table 111 Off-trade Sales of RTD Tea by Category: % Value Growth 2019-2024
  • Table 112 Leading Flavours for Off-trade RTD Tea: % Volume 2019-2024
  • Table 113 NBO Company Shares of Off-trade RTD Tea: % Volume 2020-2024
  • Table 114 LBN Brand Shares of Off-trade RTD Tea: % Volume 2021-2024
  • Table 115 NBO Company Shares of Off-trade RTD Tea: % Value 2020-2024
  • Table 116 LBN Brand Shares of Off-trade RTD Tea: % Value 2021-2024
  • Table 117 Forecast Off-trade Sales of RTD Tea by Category: Volume 2024-2029
  • Table 118 Forecast Off-trade Sales of RTD Tea by Category: Value 2024-2029
  • Table 119 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2024-2029
  • Table 120 Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2024-2029
RTD COFFEE IN HUNGARYKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Slower unit price growth, low per capita consumption, innovation and price promotions boost demand
  • Premium image of RTD coffee and smaller price difference with private label spur a preference for brands
  • Hell Energy Magyarország continues to invest to consolidate its leadership of RTD coffee
PROSPECTS AND OPPORTUNITIES
  • Bright outlook for a fast-developing category
  • Innovations covering products and packaging to pique the interest of existing and new consumers
  • Premiumisation trend to add dynamism to RTD coffee
CATEGORY DATA
  • Table 121 Off-trade Sales of RTD Coffee: Volume 2019-2024
  • Table 122 Off-trade Sales of RTD Coffee: Value 2019-2024
  • Table 123 Off-trade Sales of RTD Coffee: % Volume Growth 2019-2024
  • Table 124 Off-trade Sales of RTD Coffee: % Value Growth 2019-2024
  • Table 125 NBO Company Shares of Off-trade RTD Coffee: % Volume 2020-2024
  • Table 126 LBN Brand Shares of Off-trade RTD Coffee: % Volume 2021-2024
  • Table 127 NBO Company Shares of Off-trade RTD Coffee: % Value 2020-2024
  • Table 128 LBN Brand Shares of Off-trade RTD Coffee: % Value 2021-2024
  • Table 129 Forecast Off-trade Sales of RTD Coffee: Volume 2024-2029
  • Table 130 Forecast Off-trade Sales of RTD Coffee: Value 2024-2029
  • Table 131 Forecast Off-trade Sales of RTD Coffee: % Volume Growth 2024-2029
  • Table 132 Forecast Off-trade Sales of RTD Coffee: % Value Growth 2024-2029