The forecast for the sold production of vermouth and other flavoured wine of fresh grapes in France from 2024 to 2028 indicates a consistent year-on-year growth. This increase moves from 57.986 million liters in 2024 to 62.545 million liters in 2028. Notably, the year-on-year variation reveals a steady growth rate, with each year showing approximately a 2% to 2.5% increase in production volume. Considering a compound annual growth rate (CAGR) calculated over the next five years, there is an average yearly growth of around 2.3%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards vermouth influenced by trends in cocktails and the broader flavored wine market.
- Impact of international trade dynamics, which may introduce new challenges or opportunities for French producers.
- Sustainability practices and regulation changes that could affect production processes and costs.