Forecast: Household Expenditure on Champagne, Sparkling Wines and Wine with Mixer in the UK

The forecast for household expenditure on champagne, sparkling wines, and wine with mixer in the UK shows a steady upward trend from 2024 to 2028, with values indicating consistent growth in spending per capita per week. The expenditure in 2023 was significantly lower than the forecasted figures for 2024 onwards, indicating positive growth.

Year-on-year growth rates demonstrate a progressive increase, supporting a cumulative average growth rate (CAGR) over the five years, highlighting a robust market trajectory.

Future trends to watch include:

  • Potential impacts of economic fluctuations on consumer spending power.
  • Changes in consumer preferences towards premium or alternative alcoholic beverages.
  • Regulatory changes affecting import tariffs or domestic production costs.

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