Key Market Indicators
Consumption of red wine is expected to reach nearly 64 million liters by 2026. In 2020, the figure stood at 59 million liters, an increase of 0.9% compared to the previous year. Despite this growth, demand for red wine decreased by 0.5% annually. Spain, Germany and the United Kingdom are the second, third and fourth largest markets for red wine respectively.
Red Wine Market Data and Forecasts
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