Forecast: Wine Market Size Volume in Kenya

The Kenyan wine market size volume has been relatively stable over the past decade, standing at 8.0 thousand metric tons in 2023. Notable fluctuations include a 14.29% rise in 2016 and a 12.5% decline in 2017. The market saw another 14.29% rise in 2018, followed by smaller variations. The 5-year CAGR from 2019 to 2023 is notably stable, averaging around 0%, indicating minimal growth over this period.

Future Trends to Watch For:

  • Forecasts suggest a slight upward trend, with a 5-year CAGR of 0.49%, reaching approximately 8.3 thousand metric tons by 2028.
  • Influences on future growth might include increased disposable income, changing consumer preferences, and potential regulatory changes in the alcohol market.

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