The sparkling wine market in Greece has demonstrated consistent growth from 2013 to 2023, with per capita value increasing from €1.37 to €3.92. The most notable growth was between 2016 and 2018, when the market saw significant acceleration. However, a dip occurred in 2020 and 2021, possibly due to the pandemic's impact, before rebounding in 2022 and 2023. In 2023, the market stood at €3.92 per capita.
Year-on-year, the market experienced varied percentage changes, with the most recent years showing a positive trend. The last five-year CAGR reflects a consistent average annual increase, underscoring healthy market expansion.
Future trends to watch for:
- Emergence of new flavors and premium sparkling wines catering to changing consumer tastes.
- Increased marketing efforts aimed at younger demographics and the adoption of digital channels.
- Potential effects of economic fluctuations on disposable income and luxury good consumption.
- Environmental concerns influencing production practices and consumer choices towards sustainable options.
How does Greece rank in Sparkling Wine Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 47.33 | 2023 | View data | ||
| 2 | 2 France | 47.13 | 2023 | View data | ||
| 3 | 3 Sweden | 25.44 | 2023 | View data | ||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
| 9 | 9 Spain | 10.51 | 2023 | View data | ||
| 10 | 10 Hungary | 5.57 | 2023 | View data | ||
| 11 | 11 Greece | 3.92 | 2023 | |||
| 12 | 12 Bulgaria | 1.02 | 2023 | View data | ||
