The Sparkling Wine market size in France has demonstrated a somewhat fluctuating trend from 2012 to 2022, with values varying between 3.1837 billion Euros and 3.6146 billion Euros. The market saw notable year-on-year variations, with significant increases in 2013 (9.58%) and incrementally smaller declines and increases in subsequent years. The latter half of the decade shows slight positive growth with CAGR figures indicating minor declines overall.
Over the last two years, the market size decreased slightly in 2022 compared to 2021, with a year-on-year variation of -0.89%. The last five years' CAGR revealed a small average decline of -0.49% per year. In 2023, the market is expected to stand close to the previous year's value, mirroring the trends observed.
Future trends to watch for in the Sparkling Wine market include potential growth driven by increased consumer interest in premium and organic products, evolving tastes and preferences, and the influence of global events on production and demand. Monitoring these factors will be crucial for understanding market movements going forward.
How does France rank in Sparkling Wine Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,244,400,000 | 2023 | -0.5% | +0.38% | |
| 2 | 2 United Kingdom | 1,171,800,000 | 2023 | +1.2% | +1.98% | View data |
| 3 | 3 Spain | 511,850,000 | 2023 | +2.6% | +4.16% | View data |
| 4 | 4 Sweden | 266,850,000 | 2023 | +5.26% | +4.98% | View data |
| 5 | 5 Austria | 200,330,000 | 2023 | +5.38% | +2.69% | View data |
