The import of vermouth and other flavored grape wines in packs greater than 2L to the US is poised to grow steadily from 2024 to 2028. In 2023, the volume stood at 945 thousand kilograms. The forecast indicates a year-on-year increase, with 2024 showing a 3.7% rise. Subsequent years reflect continuous growth: 3.7% in 2025, 3.5% in 2026, 3.3% in 2027, and 3.2% in 2028, yielding a 5-year CAGR of approximately 3.5%.
Future trends to watch for:
- Increased consumer interest in flavored and crafted beverage segments.
- Potential changes in import regulations and tariffs impacting supply chains.
- Shifts in consumer preferences towards larger packaging sizes for economy and sustainability.
- Growth of premium and organic vermouth variants.