In 2023, the French Red Wine without PDO market stood at nearly 1.5 billion liters. The period between 2013 and 2023 reflects fluctuations, peaking in 2018 with a slight hike, then regressing and showing recovery from 2021 onward. Between 2018 and 2023, the market witnessed mild downtrend, emphasizing volatility with a CAGR of approximately -0.88%. Yearly variations disclosed a noteworthy spike in 2017 followed by contrasting declines, revealing an unstable market scenario.
Future trends to watch for:
- Potential shift towards more premium or organic alternatives.
- Impact of changing consumer preferences and health trends.
- Macroeconomic conditions influencing disposable income and purchasing power in France.
How does France rank in Red Wine without PDO Market Size Volume?
| # | 14 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,498,700,000 | 2023 | +0.52% | -0.88% | |
| 2 | 2 Spain | 1,299,600,000 | 2023 | +6.29% | +0.44% | View data |
| 3 | 3 Germany | 1,121,600,000 | 2023 | +2.18% | +2.44% | View data |
| 4 | 4 United Kingdom | 821,000,000 | 2023 | -0.8% | -0.2% | View data |
| 5 | 5 Portugal | 545,400,000 | 2023 | +4.37% | +5.39% | View data |
