Italy is the leading producer of vermouth and other flavored wine made from fresh grapes, with a value of 358.5 million euros in 2023. Spain and France follow, with 168.99 million and 108.29 million euros, respectively. Among the lesser producers, Finland shows notable strength, reaching 14.073 million euros in 2023. Over the last year, Italy experienced a robust 15.67% growth, while Denmark faced a substantial decline of 22.92%. The CAGR over the past five years suggests positive momentum primarily in Italy and Finland, with other markets showing modest or negative trends.
Future trends to watch include Italy’s continued dominance and potential market expansions in Finland and Spain. Innovations in flavor profiles and increasing global acceptance of vermouth are likely to boost demand. Monitoring shifts in consumer preferences, such as a growing interest in low-alcohol beverages, could influence production strategies across Europe.
Top countries in Sold Production of Vermouth and Other Flavoured Wine of Fresh Grapes by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 358,500,000 | 2023 | +4.48% | +15.67% | View data |
| 2 | 2 Spain | 168,990,000 | 2023 | +0.83% | +3.44% | View data |
| 3 | 3 France | 108,290,000 | 2023 | +6.57% | +1.71% | View data |
| 4 | 4 Finland | 14,073,000 | 2023 | +7.88% | +8.74% | View data |
| 5 | 5 Romania | 10,133,000 | 2023 | -0.91% | -1.75% | View data |
| 6 | 6 Sweden | 7,368,500 | 2023 | +5.36% | -3.95% | View data |
| 7 | 7 Lithuania | 796,360 | 2023 | -9.38% | -9.24% | View data |
| 8 | 8 Denmark | 355,710 | 2023 | +6.03% | -22.92% | View data |
| 9 | 9 Estonia | 28,040 | 2023 | +0.0071% | +2.79% | View data |
