From 2013 to 2023, the champagne market size in France demonstrated a gradual decline from 1.97 liters per capita to 1.52 liters per capita. The compound annual growth rate (CAGR) over the last five years indicates an average annual decline of approximately 1.5%. The period between 2021 and 2023 saw a minor downturn of around 2.5%, recovering slightly from the notable dip in 2020.
Future trends to watch for include:
- Potential recovery in consumption as France's economy stabilizes post-pandemic.
- Growing interest in sustainable and organic champagne, driving market differentiation.
- Influence of global events on consumption patterns and subsequent domestic market responses.
