Hungary Beverages Consumption Trends and Forecasts Tracker, Q3 2024
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Hungary Beverages Market Report Overview
The Hungary beverages market size was 1.66 billion liters (BL) in Q3 2024. The Hungary beverages market research report offers comprehensive consumption volume data across several beverage categories for Q3 2024. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.
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Hungary Beverages Market Segmentation by Categories
Hungary Beverages Market Analysis by Categories, Q3 2024 (%)
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Soft drinks, alcoholic drinks, hot drinks, and dairy & soy drinks & milk alternatives, and are the primary Hungary beverages market categories. In Q3 2024, soft drinks accounted for the highest beverages market share in Hungary.
Soft drinks: The primary sub-categories are packaged water, carbonates, flavored water, still drinks, and iced/RTD tea drinks, among others. Packaged water accounted for the highest consumption volume in Q3 2024. The growth of packaged water is due to the increasing number of tourists along with hot and dry weather conditions. Factors such as increasing tourist activities and on-premise consumption has led to the rise of carbonates in the category.
Soft Drinks Beverages Market Analysis by Sub-Categories, Q3 2024 (%)
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Alcoholic drinks: Beer, still wine, and liqueurs, among others are the major sub-categories within the alcoholic drinks sector. In Q3 2024, beer was the leading sub-category with the highest consumption volume in the Hungary beverages market. The rise in alcoholic drinks sector is due to an upswing in consumer visits to bars, pubs, and nightclubs.
Hot drinks: Hot coffee, hot tea and other hot drinks are the main sub-categories within the hot drinks sector. Hot coffee was the most consumed sub-category in the Hungary beverages market. The sales of hot drinks grew due to greater consumer footfall at on-premise outlets.
Dairy and soy drinks and milk alternatives: The key sub-categories are white milk, flavored milk, and drinking yogurt, among others within the dairy and soy drinks and milk alternatives sector. Among the segments, white milk accounted for the highest volume in the Hungary beverages market. The dairy & soy drinks & milk alternatives’ volume expanded due to the nutritious dietary staples involved in dairy products.
| Time Period | Q3 2024 |
| Consumption Volume (Q3 2024) | 1.66 billion liters (BL) |
| Key Segments | · Soft Drinks
· Alcoholic Drinks · Hot Drinks · Dairy and Soy Drinks and Milk Alternatives |
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Segments Covered in the Report
Hungary Beverages Market Segments Outlook (Volume, Billion Liters, Q3 2024)
- Soft Drinks
- Packaged Water
- Carbonates
- Flavored Water
- Still Drinks
- Iced/RTD Tea Drinks
- Squash/Syrups
- Fruit Powders
- Bulk/HOD Water
- Sports Drinks
- Nectars
- Energy Drinks
- Iced/RTD Coffee Drinks
- Juice
- Enhanced Water
- Alcoholic Drinks
- Beer
- Still Wine
- Liqueurs
- Fortified Wine
- Specialty Spirits
- Rum
- Whisk(e)y
- Sparkling Wine
- Cider
- Vodka
- Brandy
- Tequila & Mezcal
- Flavored Alcoholic Beverages
- Gin & Genever
- Sorghum Beer
- Hot Drinks
- Hot Coffee
- Hot Tea
- Other Hot Drinks
- Dairy & Soy Drinks & Milk Alternatives
- White Milk
- Flavored Milk
- Drinking Yogurt
- Evaporated Milk
- Grain, Nut, Rice and Seed Milk Alternative Drinks
- Fermented Milk
- Condensed Milk
- Soymilk
Scope
The report provides:
- Top line consumption volumes for Q3-2024 vs Q3-2023, moving annual totals (MAT), full year 2023 provisional data and 2024 forecasts for all beverage categories.
- Carbonates consumption data for Q3-2024 vs Q3-2023, moving annual totals (MAT), full year 2023 provisional data and 2024 forecasts split by regular vs low calorie, and key flavor.
- An economic mood indicator with an at a glance assessment of industry confidence levels, private label performance vs brands and price trends.
- Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for full year 2024.
Reasons to Buy
- Gain an in-depth understanding of the most up-to-date trends in the Hungary beverage industry to support and enhance your strategic planning.
- Investigate the latest quarterly and emerging annual trends in Hungary to back your marketing initiatives.
- Analyze the latest beverage category 2024 forecast projections to make well-informed decisions on the outlook in the marketplace for your company.
- View a selection of the key quarterly new soft drinks product launches and identify competitor activity.
- Access a quarterly special focus on a current industry ‘hot topic’ offering qualitative insight from local consultants to determine opportunities for product innovation.
Table of Contents
Frequently asked questions
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What was the Hungary beverages market consumption volume in Q3 2024?
The beverage market consumption volume in Hungary was 1.66 billion liters (BL) in Q3 2024.
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What are the key categories in the Hungary beverages market?
The key categories in the Hungary beverages market are soft drinks, alcoholic drinks, hot drinks, and dairy & soy drinks & milk alternatives.
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Which was the leading category in the Hungary beverages market in Q3 2024?
In Q3 2024, soft drinks was the leading category in the Hungary beverages market.
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Which were the primary sub-segments in the soft drinks category in Q3 2024?
In Q3 2024, the primary sub-segments were packaged water, carbonates, flavored water, still drinks, and iced/RTD tea drinks, among others in the Hungary beverages market.
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