The per capita consumption of sparkling wine in Portugal has shown a general upward trend from 2013 to 2023, reaching 3.23 liters in 2023. Notably, there was substantial growth starting in 2016, with an annual increase in consumption, except for minor fluctuations in 2015 and 2018. Over the last two years, the market grew with year-on-year increases of 3% (2021 to 2022) and 3.2% (2022 to 2023). The Compound Annual Growth Rate (CAGR) over the last 5 years was approximately 2.5%, indicating steady market expansion.
Looking forward, key trends to watch include the effect of ongoing consumer preference shifts towards premium sparkling wines and the influence of sustainable and organic product options, which could further drive consumption or open new market segments.
