In 2023, the sold production of sparkling wine of fresh grapes (excluding champagne) in Italy was valued at approximately 2.5 billion Euros. The forecasted data suggests a consistent annual growth in production value, with an increase of about 5% year-on-year from 2024 to 2028, leading to a projected value of 3.1446 billion Euros by 2028. The five-year compound annual growth rate (CAGR) is estimated at approximately 4.5%, indicating steady progress in the industry.
Future trends to watch for include:
- Increasing international demand for Italian sparkling wines.
- Impact of climate change on grape production quality.
- Regulatory changes affecting wine exports and market accessibility.
- Technological advancements in wine production and distribution.
