The UK sparkling wine market showed fluctuating per capita values from 2013 to 2023, reaching 17.34 Euros per capita in 2023. Year-over-year, there was a significant rise of 2.60% from 2022 to 2023, and 0.86% from 2021 to 2022. Reviewing the compound annual growth rate over the past five years, the market demonstrated moderate growth. The CAGR from 2018 to 2023 stood at approximately 1.62%, indicating a positive momentum despite previous volatility.
Future trends to watch for include potential shifts in consumer preferences towards premium offerings and sustainable products, which may influence the market value positively. Additionally, post-Brexit economic changes and evolving trade agreements could impact market dynamics.
How does the United Kingdom rank in Sparkling Wine Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 47.33 | 2023 | View data | ||
| 2 | 2 France | 47.13 | 2023 | View data | ||
| 3 | 3 Sweden | 25.44 | 2023 | View data | ||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
| 6 | 6 United Kingdom | 17.34 | 2023 | |||
| 7 | 7 Lithuania | 16.52 | 2023 | View data | ||
| 8 | 8 Denmark | 11.86 | 2023 | View data | ||
