In 2023, the production of wine of fresh grapes in France, excluding sparkling wine, stood at an estimated baseline level preceding the forecasted growth from 2024 onwards. The forecasted data anticipates steady incremental growth each year: from 2024's 5.043 billion liters to 5.5035 billion liters by 2028.
The year-on-year percentage variation suggests a consistent growth trajectory, reflecting a positive trend for the industry. This upward movement is characterized by a calculated CAGR that captures the average annual increase over the forecasted period.
Future trends to watch include:
- Potential impacts of climate change on grape yields and quality.
- Evolving consumer preferences towards sustainability and organic wines.
- Economic factors affecting both domestic consumption and export potential.
