The turnover for wine in Italy stood at 12.5 Billion Euros in 2023. According to the forecast, the turnover is expected to reach 12.9 Billion Euros in 2024, 13.25 Billion Euros in 2025, 13.6 Billion Euros in 2026, 13.95 Billion Euros in 2027, and 14.3 Billion Euros in 2028. The year-on-year growth rates are projected to be approximately 3.08% from 2024 to 2025, 2.64% from 2025 to 2026, 2.57% from 2026 to 2027, and 2.51% from 2027 to 2028. Over the last two years, the turnover grew by approximately 6.4%. The compound annual growth rate (CAGR) over the five-year forecast period is around 2.71%.
Future trends to watch for may include the impact of climate change on grape production, shifts in consumer preferences towards organic and sustainable wines, and the influence of international trade agreements on the Italian wine market. Examining these factors can provide insights into the potential direction of the market beyond 2028.
