Forecast: Wine Market Size Value in Germany

The wine market in Germany has shown significant growth from 2013 to 2023, increasing from €2.98 billion to €6.36 billion. The year-on-year variations highlight periods of rapid growth like 2017's 21.25%, contrasted with more moderate increases such as 2023's 4.86%. Over the last five years, the average annual growth rate (CAGR) was noted at 8.27%. The market witnessed substantial growth spurts, particularly evident in 2019 with a 29.18% increase. Forecasts for the next five years predict a CAGR of 3.21%, reaching €7.78 billion by 2028.

Future trends to watch for include:

  • Continued consumer interest in premium and organic wines.
  • Emerging influence of online retail channels and subscription models.
  • Regulatory impacts from sustainability and environmental policies.
  • Adapting to potential shifts in consumer behavior post-pandemic, with an emphasis on healthier lifestyle choices.

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