The still wine market in Denmark showed substantial growth from 2024 to 2028, with the market value increasing from 774.22 million euros in 2024 to 855.68 million euros in 2028. In 2023, the market value stood at 754 million euros, marking a transition from actual to forecasted data in 2024. Year-on-year variations indicate a consistent upward trend, with the market value rising by approximately 2.7% per annum from 2024 to 2028. Over the last two years, the increase hovered around 3.9%, illustrating a recent acceleration. The compound annual growth rate (CAGR) from 2023 to 2028 is projected to be 2.9%.
Future trends to watch for include a growing demand for premium and organic wine, changing consumer preferences towards sustainable products, and increased competition among local and international brands. Additionally, advancements in e-commerce could further drive market growth as online wine sales become more prevalent.
