In 2023, the sold production of wine from fresh grapes excluding sparkling wine in France was at 9.764 billion Euros. The forecast from 2024 to 2028 suggests a steady incremental increase in value, reaching approximately 9.8435 billion Euros by 2028. The year-on-year growth rate is projected to be marginally above 0.1%, reflecting a stable but slow growth trajectory over these years. The compound annual growth rate (CAGR) over the five-year period is anticipated to remain modest.
Future trends to watch include potential shifts in consumer preferences towards organic and sustainable wine production, potential impact of climate change on grape production, and macroeconomic factors that could influence both domestic and international demand for French wines. Monitoring these factors will be crucial for stakeholders in the wine industry.
