The wine market in the UK demonstrates a gradual upward trend in per capita consumption. From 2024 to 2028, forecasts show a steady annual increase in volume from 21.1 to 21.36 kilograms per capita. This reflects a consistent year-on-year growth rate of approximately 0.33%. Over a five-year span, the compound annual growth rate (CAGR) stands at a modest 0.32%, indicating a stable market with slight progression. In 2023, the volume per capita was approximately 21 kilograms, marking the base for forecasted growth.
Future trends to watch include changing consumer preferences towards premium wines and the impact of sustainability on production and consumption. Additionally, the influence of economic conditions and post-Brexit trade regulations on wine importation and pricing will be crucial to monitor.
