The sparkling wine market in Sweden has shown a consistent upward trend from 2013, reaching a per capita value of 25.44 Euros in 2023. The period from 2013 to 2023 saw steady growth, with recent increases of 5.07% from 2022 to 2023 and a 4.55% rise from 2021 to 2022. Over the past five years, the compound annual growth rate (CAGR) was approximately 4.6%, indicating stable market expansion. This trend suggests a rising consumer preference for sparkling wine in Sweden.
Future trends to watch include the potential impact of economic fluctuations on consumer spending, changes in consumer preferences towards premium or local products, and the influence of sustainability movements on purchasing decisions, potentially shifting demand towards organic and ethically produced sparkling wines.
How does Sweden 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 | |||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
