In 2023, the sold production of sparkling wine from fresh grapes in the UK was 18.935 million Euros. From 2024 to 2028, forecast data shows a steady increase in production, with values rising from 19.862 million Euros in 2024 to 23.675 million Euros in 2028.
The year-on-year percentage variations are as follows:
- 2024: 4.9% increase from the previous year
- 2025: 4.9% increase
- 2026: 4.6% increase
- 2027: 4.3% increase
- 2028: 4.1% increase
The five-year CAGR is approximately 4.5%, indicating a healthy growth trend over the assessed period.
Future trends to watch include the influence of climate change on grape yield and quality, evolving consumer preferences towards premium sparkling wines, and potential impacts of Brexit on trade and export dynamics.
