The still wine market in Germany experienced a dynamic growth trajectory from 2013 to 2023, rising from 1.2759 billion liters to 1.7842 billion liters. Noteworthy spikes occurred in 2017 and 2022, with year-on-year increases of 27.96% and 3.16%, respectively. The market saw a CAGR of 1.58% over the past five years ending in 2023.
For the following years from 2024 to 2028, the projections indicate continued but moderate growth with a forecasted 5-year CAGR of 1.31%, culminating in a market volume of 1.9381 billion liters by 2028.
Future trends to watch for:
- Shifts in consumer preferences towards premium and organic wines.
- Impact of economic fluctuations and disposable incomes on wine consumption.
- Regulatory changes affecting wine production and import policies.
- Technological advancements in distribution channels, particularly online sales.
