Key Market Indicators
Global red wine consumption is expected to dip slightly in the coming years. In 2020, 248.7 million liters were consumed, and this is forecast to drop to around 238 million liters by 2026. This represents an average decrease of 0.7% year on year. The demand for red wine has declined by 0.6% annually. Spain, Germany, and the United Kingdom are the top three countries when it comes to red wine consumption. Together, they account for a significant portion of global consumption.
