The per capita volume of sparkling wine consumption in France is projected to decline steadily from 1.79 liters in 2024 to 1.54 liters by 2028. This represents a compound annual growth rate (CAGR) of approximately -3.74% over the forecast period. In comparison, the per capita consumption stood slightly higher in 2023, indicating a consistent downward trend in sparkling wine consumption over these years.
Future trends to watch for include:
- A potential shift in consumer preferences towards other wine categories or beverage types.
- Economic factors influencing discretionary spending and luxury item consumption patterns.
- Innovations and marketing strategies by sparkling wine producers to revive demand.
- Sustainability and health trends that may impact consumer choices in the beverage industry.