The forecast for sold production of wine and grape must in Italy shows steady growth from 2024 to 2028. In 2023, production was approximately around 1.94 billion liters; however, the forecast predicts a significant upward trend reaching about 2.42 billion liters by 2028. Year-on-year growth is projected to average around 4.4%, with a noticeable increase over time. The compound annual growth rate (CAGR) is estimated to be around 5.0% over the five-year forecast period.
Future trends to watch for include:
- Impact of climate change on grape harvest and wine production.
- Shifts in consumer preferences towards organic and low-alcohol wines.
- Increasing global competition from emerging wine-producing regions.
- Potential regulatory changes in the EU affecting wine production and marketing.
